Cryptocurrency is a hot topic among investors, with many considering it an alternative asset class. It’s a polarizing subject: on one side, there are the optimists and enthusiasts, eager about innovation and the prospect of massive returns. On the other, more traditional thinkers critique Bitcoin as nothing more than a “castle in the sky.” I have thought long and hard about this…
In this post, I analyze four common investment theses presented by Bitcoin bulls, using fundamental economic principles to evaluate their claims. This post was inspired by a Mark Meldrum video I recently watched that provided some context on this subject, I aim to clarify some widespread misconceptions about fiat currencies and their explain role in our economic system.
Whether you’re a crypto believer or a skeptic, this discussion will provide a balanced perspective on the promises and pitfalls of Bitcoin and other cryptocurrencies, helping you navigate the complexities of this volatile and often misunderstood asset class.