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In this video, I discuss the ongoing debate over whether it's a good idea to attempt to earn yield on your Bitcoin, by analyzing points made by Michael Saylor and Saifedean Ammous in a recent, heated argument on Saif's podcast.
On a Bitcoin standard, I would expect people to both borrow and lend BTC, in addition to earning and spending it.
Unlike fiat, Bitcoin is not a melting ice-cube and will already keep up with inflation, so that can lessen the pressure on people to attempt to earn yield on their BTC.
Not investment advice! Consult a financial advisor.
Watch the whole debate between Saylor and Ammous:
https://www.youtube.com/watch?v=k7XhzXMSAPo&ab_channel=SaifedeanAmmous
"I no longer trust Saylor":
https://x.com/AdamSimecka/status/1836754663980388743
Watch the USD purchasing power decline:
https://www.visualcapitalist.com/wp-content/uploads/2021/03/Purchasing-Power-of-the-US-Dollar.jpg
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#Saylor
#Ammous
Disclaimer
Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
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https://www.youtube.com/watch?v=dpzdou4rPzQ
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