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In this video, I discuss why Bitcoin's fiat price pumping really matters:
1) Bitcoin's price pumping is its marketing department, drawing in new people who come for the gains, but stay for the freedom and enlightenment
2) Bitcoin's price pumping gives Bitcoin couples the financial confidence to start a family, and allows Bitcoiners to push back against authoritarian regimes
3) Bitcoin's price pumping increases its market cap, liquidity, daily trading volume, and daily settled value, which makes it an increasingly competitive investment asset like gold, stocks, bonds, and real estate
4) As Bitcoin pumps, it demonetizes gold, reducing demand for new gold and helping to prevent future damage from gold mining operations
5) As Bitcoin pumps, it demonetizes housing as a store of value, thus increasing housing affordability
6) As Bitcoin pumps, it becomes large enough to service the global economy as money.
Not investment advice! Consult a financial advisor.
"Every new Bitcoin ATH gives some couple somewhere the financial confidence to start a family":
https://x.com/stackhodler/status/1944407415639674992
Top assets by market cap:
https://companiesmarketcap.com/assets-by-market-cap/
https://x.com/Croesus_BTC/status/1919385198795338165
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.
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#crypto
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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