The Economics of Bitcoin: Store of Value

The video discusses the similarities and differences between gold and Bitcoin as store of value assets. Both are limited in supply and secure, but are speculative investments. Their value is largely based on collective agreement rather than intrinsic utility. Gold has a long history as a recognized asset, while Bitcoin is relatively new. Market events like Brexit and trade wars have influenced their prices similarly. Bitcoin needs to prove its value over a longer period to be taken seriously as a store of value.

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