BTC Sessions: Is Bitcoin TOO EXPENSIVE? Why It’s Not Too Late To Buy

  • Wednesday, 03 February 2021 00:12
With an exponentially rising price and a market cap that dominates the field of “crypto” assets, it’s common for newcomers to think that Bitcoin is just too expensive. In this video, I’ll explain why Bitcoin is affordable for everyone. We’ll cover Bitcoin’s divisibility: Specifically, what it means to think in terms of Satoshis. From there, we’ll consider how each Satoshi’s purchasing power stands to increase thanks to Bitcoin’s fixed supply schedule, its periodic halvings, and its ongoing absorption of market cap from gold, real estate, negative-yielding debt, and other traditional legacy assets. ⚡️ Relevant Resources: What sets Bitcoin apart from every altcoin? https://www.youtube.com/watch?v=ar5776GPpj8 What happens when you "diversify" into altcoins? https://www.youtube.com/watch?v=5LZS8lt_hNI Real-time price action, on-chain data, and key economic indicators https://bitbo.io/ Tracking the number of Bitcoin per person in the world http://bitcoinperperson.com/ The Best Visual Websites for Understanding Bitcoin https://twitter.com/BitcoinSampo/status/1356611172523520001 Tracking Sat-Dollar Parity https://twitter.com/sats_per_dollar Tracking Sat-Cent Parity https://sat-cent.vercel.app/ Tracking the number of Satoshis per person in the world https://satoshisperperson.com/ Tracking major companies with their treasury holdings in Bitcoin https://bitcointreasuries.org/ Tracking Bitcoin’s Stock-to-Flow https://digitalik.net/btc/s2fx Rankings of the world's top assets by market cap https://companiesmarketcap.com/assets-by-market-cap/ Top Fiat Currencies by Market Capitalization https://www.fiatmarketcap.com/ ? SUPPORT THE SHOW: LEDN Bitcoin backed loans – get $25 free https://bit.ly/397rlLN Get Wasabi wallet for Bitcoin privacy https://wasabiwallet.io/ Cobo Vault: secure your Bitcoin! https://bit.ly/2GgMFlH BillFodl: get your wallet backups in solid steel. https://privacypros.io/ Bitrefill: use Bitcoin to purchase gift cards https://www.bitrefill.com/buy/?code=O04UMic9 LIGHTNING tips: https://tippin.me/@BTCsessions Audio-only version of the show: https://anchor.fm/btcsessions Telegram channel: https://t.me/btc_sessions

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