Is Bitcoin A Shared Hallucination?

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In this video, I discuss whether Bitcoin is a shared hallucination or not.

I conclude that it fundamentally is not, since good money needs to have certain objective real-world characteristics like scarcity, portability, durability, censorship-resistance, and an ethical genesis (Bitcoin's immaculate conception).

Bitcoin is the best money in the world, and gradually everyone is converging to using it as the only money.

Not investment advice! Consult a financial advisor.

Bitcoin's ultimate price target:
https://www.youtube.com/watch?v=1ugK2waqCqM&ab_channel=BitcoinUniversity

USD losing purchasing power over time:
https://www.visualcapitalist.com/wp-content/uploads/2021/03/Purchasing-Power-of-the-US-Dollar.jpg

Lutefisk:
https://en.wikipedia.org/wiki/Lutefisk

Rai stones:
https://en.wikipedia.org/wiki/Rai_stones

Wampum:
https://en.wikipedia.org/wiki/Wampum

Laszlo buying pizzas with BTC:
https://en.bitcoin.it/wiki/Laszlo_Hanyecz

Places to spend BTC:
https://btcmap.org/

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#crypto

Disclaimer
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