ilmscore | Prediction Details
"it's not a store of value "so it's not an inflation hedge because "Bitcoin doesn't actually have any value "that you could store I mean it has a "price right there's a market price for "Bitcoin but there's no underlying value "to support that price there's just "supply and demand to support it"
By Minority Mindset | April 23, 2024 | Pending
From video
ECONOMIST WARNS: A Great Depression Is Coming In America | Peter Schiff x Jaspreet Singh 01:13:24 - 01:13:41
Interpreted Prediction
Bitcoin lacks intrinsic value, making it unsuitable as a store of value or inflation hedge; its price is driven solely by supply and demand dynamics.

Prediction Details

Topic
Bitcoin

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.