10 Minute Investing Canada
10 Minute Investing Canada
10 Minute Investing Canada
Crypto Craze - My Analysis & Why Cryptos Hold Value
26 minutes Posted Jan 8, 2021 at 11:10 pm.
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Show notes

In this podcast I cover my take on the crypto market as a whole, along with my pick between Bitcoin and Ethereum. 

We also cover the allure of Bitcoin and cryptos. What are they trying to achieve and why do they hold value? I start with a brief example of what money is in the technical sense and how gold made its way through the progression, then back to being just a store of value and not a system of money. 

Next I go over some of the most common arguments against bitcoin as a currency, and some counter points to why I don't think those are good arguments. 

Finally I sort between bitcoin and Ethereum and make my choice over which I think has more sustainability long term. 

#Bitcoin #Ethereum #crypto #gold #inflation #DollarHedge

*All information was found through public sources, and opinions are my own. Seek guidance from a financial professional before making any investment decisions.*