Josh Brown
π€ SpeakerAppearances Over Time
Podcast Appearances
Not that it's also used as a currency.
Well, this is also what gold's case is.
So gold and Bitcoin have a similar case in terms of having something that is finite or scarce that can't be debased.
But I think the reason that the third group you mentioned
If you're a boomer and you've made a ton of money in stocks and they've done great for you, a little bit of inflation doesn't bother you.
In fact, stocks are an inflation hedge.
So you're like, I don't see the purpose in it.
I think for younger people who do feel like there's something out there that's just like stealing from them, they can't quite put their finger on it.
This is, I think, part of why a socialist won in New York City.
All right.
Ladies and gentlemen.
Yeah, it rubbed off on me, I guess.
Were you off?
I went from a Vanguard event in Madrid to a Bitcoin event in Vegas, which is probably the biggest...
I wouldn't recommend it.
It's too much.
Too much, too soon.
You need a middle ground there.
Well, how could this be?
Well, first of all, this is why indexing rules.