Jordi Alexander & Justin Bons: Bitcoin Debate: Does Bitcoin Have Utility?
On today's episode of "On the Margin", Jordi Alexander CIO of Selini Capital & Justin Bons Founder & CIO of Cyber Capital for a Bitcoin debate.
Having opposing views on the long term sustainability of Bitcoin, Jordi & Justin debate if Bitcoin has long term staying power and discuss the value propositions of other cryptocurrencies. Does Bitcoin have utility, is it's long term security model sustainable, what are the pros and cons of Proof of Work vs Proof of Stake and is Bitcoin immaculate conception enough to warrant it's spot as the number one cryptocurrency. To find out, you'll have to tune in!
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(01:05) Jordi & Justin's Bitcoin Framework
(05:29) Does Bitcoin Have Utility?
(09:46) What Is Money?
(17:12) Inflationary vs Deflationary Money
(29:53) Bitcoin's Immaculate Conception
(33:58) Bitcoin's Long Term Security Model
(39:11) Circle Ad
(40:31) Proof of Work vs Proof of Stake
(49:03) Bitcoin's Blocksize Limit
(1:02:25) Final Thoughts
Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.