Episode notes
We dive into Fidelity Investments' new report destroying common Bitcoin FUD spread by the mainstream media and their buddies over at the Federal Reserve. Do you think Bitcoin is too volatile to be a store of value? Do you think Bitcoin is bad for the environment? Well, Jeff Booth thinks it fixes global warming! Has Bitcoin failed as a medium of exchange? Maybe you think regulations or the government will crush Bitcoin? Michael Saylor of Microstrategy and Jurrien Timmer at Fidelity hate to break it to you, but there is no second best. You don't want to miss this one!!
#bitcoin #fidelityinvestments #michaelsaylor #bitcoinetf #blackrock #jurrientimmer #btc #simplybitcoin #bitcoinnews #larryfink #michaelsaylor
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Sources and Media
► Full Fidelity Report: https://www.fidelitydigitalassets.com/sites/default/files/documents/1110227.1.0%20Fidelity%20Digital%20Assets%20-%20Revisiting%20Persistent%20Bitcoin%20Criticisms%20%2811.02%29.pdf
► Is #Bitcoin too volatile to be a store of value?: https://twitter.com/SimplyBitcoinTV/status/1721769634641346761
► "It's over... hyperbitcoinization happened: https://twitter.com/2140data/status/1723733304715653606?s=20
► SAYLOR: Most corporations are being torn apart by the twin forces of inflation by the government and technology-driven deflation. So MicroStrategy decided to do an acquisition of a high-growth digital monopoly - Bitcoin: https://twitter.com/BitcoinNewsCom/status/1721645121156878797?s=20
► Bitcoin will not be banned.: https://twitter.com/Cryptos_24_7/status/1634373017123033089?s=20
► Seems like no one has found the bug yet. And there's plenty of incentive for bad actors to do so. : https://twitter.com/orangepillapp/status/1712131441717575803?s=20
► European Central Bank (ECB) President Christine Lagarde says bitcoin has facilitated “funny business” and needs to be regulated at the international level.: https://twitter.com/wavedigital_/status/1349429155075665921?s=20
► Elizabeth Warren, while it's true that #Bitcoin isn't backed by governments, it actually gains value from its decentralized nature, as it isn't subject to centralized control or manipulation: https://twitter.com/SatoshiFella/status/1642661412454518785?s=20
► “A euro today is a euro tomorrow”: https://twitter.com/QuntenFrancois1/status/1693434416796705178?s=20
► Nigeria limits cash use and pushes CBDC (eNaira). This was the response of the people. ATMs and banks were destroyed. They will all be replaced with Bitcoin.: https://twitter.com/AdamSimecka/status/1625162917418045441?s=20
► Not using Bitcoin is bad for the environment.: https://twitter.com/benwehrman/status/1559381487899795456?s=20
► The ocean is on fire in the Gulf of Mexico after an underwater oil pipeline burst: https://twitter.com/Blockworks_/status/1411082523900321792?s=20
► Bitcoin as a medium of exchange - Michael Saylor: https://twitter.com/PrinceySOV/status/1325859977127407619?s=20
► Andreas Antonopoulos: https://twitter.com/gladstein/status/1643655497617399810?s=20
► Guess what… Only 1 makes it: https://twitter.com/plan_marcus/status/1434138618562547721?s=20
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