Bill Cohan
👤 SpeakerAppearances Over Time
Podcast Appearances
Well, there's no guarantee that Bitcoin will be worth anything in 500 years.
It would be a total round trip back to the pennies that it was when it started.
Well, I mean, they talk about pure speculation because we never met either individual Bitcoin
I mean, I think that if you read the white paper, I think they thought that it was going to be much more disruptive to the fiat financial system than it's turned out to be.
And I think they thought it would probably be a useful currency by now, which obviously it has not really turned out to be.
So I think they would be blown away by the 77,000 or 72, whatever the 75,000 that each Bitcoin is worth today.
And, you know, at 125,000, even more blown away and probably be blown away by the stash that Michael Saylor has amassed.
And BlackRock too, right?
So through their ETFs.
But I think we'd probably be disappointed that some of the basic ideas that were put forth in that white paper remain unrealized.
Tyler, what do you think?
And it's not as decentralized as they hoped.
I mean, it's quite concentrated among a few big players.
Thank you for having us.
I did.
I was like, are we talking business?
Yeah.
So I'm sure Scott's fine.
I didn't do anything to him at all.
Only lesbians can say that.