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Podcast: The Investor Coaching Show with Paul Winkler
Episode: Bitcoin’s Decline: Can It Compete With the Dollar? Does It Work as an Investment?
Description: Bitcoin drops 40%, but proponents try to claim that volatility is decreasing. Paul and Evan discuss the fundamental issue with trading a commodity that lacks a practical application in the world and competes with one of the most stable forces globally: the U.S. dollar. Listen along as these two advisors share a CNBC interview that’s working hard to spin some sort of upside to this investment. Later in the episode, Paul talks about how investments get priced and how this affects Bitcoin's limited supply.Â
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