Has Dave Changed His Mind About Bitcoin?
Ramsey Everyday Millionaires
Ramsey Network
4.6 • 3.6K Ratings
🗓️ 18 March 2024
⏱️ 9 minutes
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| 0:00.0 | This episode is sponsored by SmartVester. |
| 0:07.0 | Connect with an Investing Pro for free at Ramsey Solutions.com slash invest. You're listening to Ramsey everyday millionaires where we talk investing, retirement, building wealth, and outrageous generosity. |
| 0:22.0 | Today's question comes from Jason in Connecticut, who's also not evolved. |
| 0:27.0 | Can we start treating Bitcoin the same way you would treat single stocks? |
| 0:31.0 | Crud son. |
| 0:33.0 | I understand you're not a fan. |
| 0:35.0 | No kidding. |
| 0:36.0 | Where'd you figure that out? |
| 0:37.0 | But an asset with $1 trillion market cap is not a beanie baby. |
| 0:41.0 | Uh, no, but it's still thin air. |
| 0:44.0 | Ask people like Warren Buffett, who says if he doubled the amount he had put in |
| 0:49.9 | Bitcoin, he would still have zero because that's the amount he's putting |
| 0:52.2 | Bitcoin. |
| 0:52.6 | I'm going with Warren on this one. |
| 0:54.8 | Not saying you have to add it to your portfolio, but it's a good enough asset to invest 5%. |
| 1:00.1 | No, it's not. |
| 1:01.6 | Okay, I don't know where the 5% comes from. |
| 1:03.5 | I don't know where the trillion dollar market cap comes from. |
| 1:06.5 | Mist and smoke and mirrors like the whole fucking concept. |
| 1:10.0 | While you were enjoying some time off, Bitcoin has shot you know the ground to the moon and probably back up again and so now everyone's getting they're getting loud again |
| 1:18.0 | No way because it's hit all-time highs and so now everyone's going see Dave is wrong about this. |
| 1:23.0 | You know what we've got something else that repeats itself like gold. |
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