While The fed and central banks rush to inflate fiat currency, by printing trillions of dollars, at the same time, we are witnessing bitcoin deflate and cut it’s new supply.
in this video, I will explain what this means, how we should view this contrast between inflationary and deflationary assets and I will even show you where the Bitcoin price could be next year
I know Bitcoin is hard to understand because it’s so many things. I have done dozens and dozens of videos on each little facet of it, so if you are new, you might want to go back and watch some of those.
But of all the things we think it is, one thing for sure is that it is the most secure network, ever, in the history of the world, as it has never been hacked
many think it’s blockchain technology that is so revolutionary, but it’s only 1 single element that makes Bitcoin what it is. The Bitcoin network is not a cloud ledger where transactions are aggregated.
It is secure because there is no central source of truth, no public blockchain
instead, each participant has its own version. No one trusts each other, instead they all worth to validate, and form a consensus
Let me know what you think
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Disclaimer: I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. I will NEVER ask you to send me money to trade for you. Please report any suspicious emails or fake social media profiles claiming to be me. Don’t invest money you can’t afford to lose. There are no guarantees or certainties in trading or investing.
My videos may contain affiliate links or sponsorship’s to products I believe will add value to your life and help you in trading. No matter what I or anyone else says, it’s important to do your own research before making a financial decision involving cryptocurrencies.
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