Does Bitcoin Actually Do Anything Useful?

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In this video, I discuss the differences between pure commodities like crude oil, hybrid commodity/currencies like gold and silver, and pure monetary goods like Bitcoin.

The best stores of value over time are very scarce assets with high stock to flow, rather than assets with low stock to flow that have lots of industrial uses. Bitcoin is the most perfect monetary good ever created.

Not investment advice! Consult a financial advisor.

Watch the M2 money supply grow:
https://fred.stlouisfed.org/series/M2

Crude oil price history chart:
https://www.macrotrends.net/1369/crud...

Silver price history chart:
https://www.macrotrends.net/1470/hist...

Gold price history chart:
https://www.macrotrends.net/1333/hist...

Best analysis of stock to flow and Bitcoin:
  / modeling-bitcoins-value-with-scarcity  

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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.

#Bitcoin
#BitcoinAnalysis


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