MI183: The Bull Case for Bitcoin (Mini-Episode)
The Intrinsic Value Podcast - The Investor’s Podcast Network
The Investor's Podcast Network
4.6 • 592 Ratings
🗓️ 18 June 2022
⏱️ 26 minutes
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| 0:00.0 | You're listening to TIP. |
| 0:02.8 | Hey everyone, welcome to the Millennial Investing Podcast. |
| 0:06.1 | I'm your host, Clay Fink, and today is another release of our many episode series that we send out to you all every Saturday. |
| 0:13.8 | This is the episode where it is just me diving into a specific topic to help you become a better investor. |
| 0:20.1 | Before we dive into the episode, I'm well |
| 0:23.0 | aware of the recent price action on Bitcoin. At the time of this recording, we are at around |
| 0:28.4 | $20,000 per coin, down from $69,000. Currently, there are a lot of headwinds for many assets, |
| 0:36.5 | including Bitcoin. And this sort of volatility isn't reallys for many assets, including Bitcoin. |
| 0:42.5 | And this sort of volatility isn't really that out of the ordinary for Bitcoin specifically. |
| 0:48.9 | Many companies and cryptocurrencies that have taken on excess amounts of risk are being liquidated, |
| 0:52.9 | and that has put a ton of pressure on the Bitcoin price. |
| 0:55.8 | I just wanted to throw that out there before we dive in. If you'd like to hear more about the recent price action specifically, I recommend |
| 1:00.5 | checking out the Twitter spaces Preston Pish and I recorded earlier this week. You'll find |
| 1:05.6 | that on my Twitter profile at Clay underscore Fink. Preston went in depth on what exactly he's seeing in the market |
| 1:13.5 | and how he's reacting to this recent downward pressure. With that, let's dive right in. |
| 1:19.6 | You're listening to Millennial Investing by the Investors Podcast Network, where your hosts, |
| 1:25.2 | Robert Leonard and Clay Fink, interview successful entrepreneurs, |
| 1:28.9 | business leaders, and investors to help educate and inspire the millennial generation. |
| 1:39.8 | All right, during this episode, I'm going to be covering the bull case for Bitcoin and |
| 1:44.9 | some of my thoughts on why I own it myself. |
| 1:48.4 | First off, know that my opinion on Bitcoin is probably biased because I've owned it for a number |
| 1:53.6 | of years now. |
... |
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