Matthew Spositi is an aspiring trader, Austrian Economic enthusiast, entrepreneur, and founder of New Millennium Wealth. My goal is to help individuals get out of the rat race and become financially free, by showing you every step of my journey, and by sharing all of the knowledge I have accumulated about trading, investing, markets, and economics over the past 5 years.
Episodes
Monday Nov 23, 2020
Ep. 65: What Determines The Value Of Bitcoin?
Monday Nov 23, 2020
Monday Nov 23, 2020
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Email me at: matthew@newmillenniumwealth.com
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Why is Bitcoin valuable?
Is Bitcoin money?
Bitcoin, Bitcoin, Bitcoin. It’s the buzz word creating a lot of stir in the financial markets and media. In many ways, it is a very foreign concept that many do not understand. Its making headlines with its rising values, and looking like it will make all new highs, and yet it is so expensive the “Average Joe” couldn’t dream of being able to afford a single coin.
It is a very controversial topic with people arguing about whether or not it has value, is it legitimate, and is it money or can it become money?
If you want to know the answers to this and more, listen to find out.
Please remember to leave me a RATING/REVIEW on iTunes.
Today's Article Links:
https://mises.org/library/cryptocurrencies-and-wider-regression-theorem
https://profitsofchaos.com/2017/11/04/what-backs-bitcoin/
https://mises.org/power-market/more-bitcoin-and-regression-theorem
https://mises.org/power-market/murphy-bitcoin-and-regression-theorem
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