Why Buy Bitcoin? With Andy Edstrom
“The longer we spend doing this, the more we learn about it, the deeper down the rabbit hole we fall, the more likely, or the clearer it seems that this is a major, major civilisational inflection point.”
— Andy Edstrom
Date: Tuesday 12th January
Company: Swan Bitcoin
Role: Head of Institutional Investment
Why buy bitcoin is a complicated question to answer. Bitcoin is many different things to different people. It is a censorship-resistant form of payment for those living under authoritarian regimes; for some, it is a hedge against inflation, while it is purely speculative for many others.
Even with Bitcoin adoption growing and maturing, the public perception of Bitcoin is still mixed. The mainstream media is somewhat to blame. It regularly pedals false narratives such as the funding of terrorism or Bitcoin being for drug dealers and network security that is melting the polar icecaps. As Bitcoiners we are used to dealing with this kind of FUD, Bitcoin has been declared dead hundreds of times, yet it continually bounces back.
So, why buy Bitcoin?
In this interview, I talk to Andy Edstrom, author of Why Buy Bitcoin. We discuss his investment thesis for Bitcoin, why Bitcoin continues to thrive and address the common misconceptions and FUD surrounding it.
This episode’s sponsors:
Kraken - The best place to buy, sell & trade Bitcoin
BlockFi - The future of Bitcoin financial services
Sportsbet.io - Online sportsbook & casino that accepts Bitcoin
Casa - The leading provider of Bitcoin multisig key security.
Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.
WBD302 - Show Notes
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