Ballet Crypto CEO Bobby Lee on Bitcoin's Turbulence

The video discusses the current state of Bitcoin's bull market, predicting that the peak has not yet been reached. It explores the causes of recent market corrections, including trader behavior and hacking incidents. The speaker argues that Bitcoin does not need to be legal tender to be valuable, comparing it to gold. The potential impact of central bank digital currencies on Bitcoin is examined, highlighting the differences between centralized and decentralized currencies. Finally, the video compares Bitcoin to altcoins, emphasizing Bitcoin's unique value proposition.

What is the speaker's perspective on Bitcoin becoming legal tender?

What does the speaker suggest about the future of altcoins compared to Bitcoin?

What are the key concepts that make Bitcoin valuable according to the speaker?