Listen what this Austrian Economics / Mises Institute author of a book titled
Better Money: Gold, Fiat, Or Bitcoin? says here:
https://youtu.be/g7vI957pg7U&t=2597I don't see any reason to think that the price of Bitcoin is going to be predictably higher in the future.
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Regarding "Better Money: Gold, Fiat, or Bitcoin?", I believe that if the definition of money is simply a form of payment, fiat is the most practical choice. It's easy to use and relatively stable in value. Gold can be cumbersome, especially in physical form, and its high value makes it impractical for small transactions. Cryptocurrencies like Bitcoin, while potentially profitable, are too volatile for everyday use. Their prices can fluctuate drastically, and not all governments recognize them as legal tender. However, both gold and cryptocurrency can serve as valuable assets. Gold can protect against inflation, while cryptocurrency offers the potential for high returns, albeit with higher risk.
As for the video, I have no specific comments on Bitcoin. While history suggests an upward trend, the future is uncertain and anything is possible.