
Long Live Bitcoin (& Fiat) With Greg Foss
Lead-Lag Live
00:00
Global Adoption of Bitcoin
The people that are going to get the most benefit from Bitcoin actually live in countries that don't materially underperform the performance of the US dollar on a regular basis. So I guess it depends where you live. It depends most importantly on the global adoption. Measuring Bitcoin in fiat dollars is sort of like measuring gold in US dollars only. When would I start selling my Bitcoin because I own too much of it? Well, I traded Bitcoin all the time. Why? Because my currently, between 15 and 20% exposure at one time got up to close to 50%. And guess what? I don't need 50% exposure to Bitcoin in order to participate in the upside.
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