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In this video, I discuss crypto's fatal flaw, which is that it is neither special nor scarce. Anyone and everyone can and does try to print up their own money, dump it on naive retail investors, and then buy BTC with the proceeds.
Only Bitcoin is a truly scarce digital commodity, with credible forward monetary policy. By contrast, Ethereum is still controlled by a small group of insiders and premine beneficiaries who like to repeatedly hard fork and keep changing the monetary policy.
Bitcoin: there is no second best.
Not investment advice! Consult a financial advisor.
Miles Deutscher thread:
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Block.one and EOS:
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Zender's bet:
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Hoskinson on Bitcoin:
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Ranking of Cardano apps:
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Hoskinson's private jet:
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SEC withdraws Consensys lawsuit:
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Swan's Signal Blog:
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Find text versions of my videos here:
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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.
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Disclaimer
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