Bitcoin Is Not Ready To Be Legal Tender, Use It For Savings | Robert Breedlove
Robert Breedlove, the host of the What Is Money Show, and one of the greatest minds in crypto, discusses the essence of Bitcoin. He explains why he thinks it is too early to use it as a legal tender, and use it as store of value instead, and why Bitcoin is not a simple concept. Robert Breedlove: https://whatismoneypodcast.com/ ►► JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEK DAY! 👉https://thewolfden.substack.com/ ►►THE DAILY CLOSE BRAND NEW NEWSLETTER! INSTITUTIONAL GRADE INDICATORS AND DATA DELIVERED DIRECTLY TO YOUR INBOX, EVERY DAY AT THE DAILY CLOSE. TRADE LIKE THE BIG BOYS. 👉 https://www.thedailyclose.io/ ►► OKX Sign up for an OKX Trading Account then deposit & trade to unlock mystery box rewards of up to $10,000! 👉 https://www.okx.com/join/SCOTTMELKER ►►NORD VPN GET EXCLUSIVE NORDVPN DEAL - 40% DISCOUNT! IT’S RISK-FREE WITH NORD’S 30-DAY MONEY-BACK GUARANTEE. PROTECT YOUR PRIVACY! 👉 https://nordvpn.com/WolfOfAllStreets ►►COINROUTES TRADE SPOT & DERIVATIVES ACROSS CEFI AND DEFI USING YOUR OWN ACCOUNTS WITH THIS ADVANCED ALGORITHMIC PLATFORM. SAVE TONS OF MONEY ON TRADING FEES LIKE THE PROS! 👉 http://bit.ly/3ZXeYKd Follow Scott Melker: Twitter: https://twitter.com/scottmelker Web: https://www.thewolfofallstreets.io Spotify: https://spoti.fi/30N5FDe Apple podcast: https://apple.co/3FASB2c #Bitcoin #Crypto #trading Timestamps: 0:00 Intro 1:10 What is BlackRock for Bitcoin? 4:05 Collaborative custody 8:10 Argentina, central banks & Bitcoin 13:40 Bitcoin savings account 21:24 US exports inflation 25:44 Bitcoin vs. crypto 31:00 Bitcoin is not a simple concept 33:10 Advantages of open networks 37:22 Building on Bitcoin 45:00 Energy & ESG 49:30 Demonizing Bitcoin The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment. Learn more about your ad choices. Visit megaphone.fm/adchoices
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