My two cents - let's take the focus off of bitcoin, and onto the companies were recommending as investments. How does holding cash or BTC affect their present and future value?
It's then easier to make an argument that cash rich companies will bleed faster in an inflationary environment, compared to those who hold hard assets. But both can "protect against a bank run" because they are more fully reserved.
“In the wake of SVB, you made a recommendation on Wednesday to buy tech brimming with cash. Since the supply of cash loses value faster in an inflationary environment than hard assets, wouldn’t Microstrategy and their #Bitcoin reserves be a good investment?”
What you think? Great input btw
Loving it!
Imo there is still room for a comparison at the end to show that both options can address the original concern of the bank run. Probably best to get all your info out in one go before he talks over you.
Good luck!!! And way to go!
Yeah, from watching the show, I only have one shot to pitch the question and won’t be able to go back and forth in a debate. I expect his response to dismissive, but I’m hoping to present a strong enough question that will be hard to refute. Kind of like, “Please explain how printing more paper reduces poverty.” Something impactful that people will keep asking themselves.
