Billionaires Boosting Bitcoin

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In this video, I discuss Larry Fink's CNBC interview about Bitcoin, which was retweeted by both Michael Saylor and Michael Dell.

Larry Fink's interview is a carefully constructed sales pitch for Bitcoin, designating it as a "legitimate financial instrument" that can be used to hedge against monetary debasement, while also hinting that it may aid in portfolio construction by offering non-correlated returns.

Contra Larry Fink's take, I believe that Bitcoin is hope and that owning it is one of the most hopeful actions that you can take.

Not investment advice! Consult a financial advisor.

3 billionaires boosting Bitcoin:

Dell began accepting BTC in 2014:

Bitcoin is hope:

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#Blackrock
#Dell

Disclaimer

[nosegrindv]

yep. people think that BTC is volatile. When in fact its value is fixed. Fixed at human-civilization/21million. The standard BTC/USD chart is actually inverse of reality, it is a negative image. It is the USD that goes up and down, as compared to the invariable BTC.

[OnlyMillion]

Hope you're feeling better! Thanks for showing up and delivering even when you're really not feeling it.

[michaelvernon]

I'm glad to see Larry is going deeper in the rabbit hole, i agree he's not there all the way, but i dont think he's gonna stop yet.

[crisper]

Bitcoin is not AN asset. It is THE asset in which all other assets will be valued in.

[thomasw.]

Read "The chain of custody: The "mafia" holding the elites bitcoin", by Mark Goodwin and Whitney Webb. Watch their recent interview on WBD, (not a fan of the show but the guests on this ep are important). Fink talking points "bitcoin not hope", etc. their agenda is pretty clear at this point. You were a trading channel once but its not about making money anymore.

[JoesLife]

You are the BEST resource on bitcoin education, you deserve recognition from Michael Saylor. You're doing everyone a massive favor.

*EDIT: Please ignore the bots that have infiltrated this comment thread.*

[tomredeye]

The Bitcoin network is undeniable. Thanks Matt.

[vot]

Thanks again MK. Sounds to me like Fink at least has his head into the rabbit hole. The deeper he goes the deeper he gets. The reward for early adopters will be enormous.

[klasykapolskiegohh]

Would it be smart to get usd backed by bitcoin instead of scrapping whole fiat system?

[Helsinki]

Awesome channel. I watch it daily. Would you consider creating a video on collaborative custodial BTC only multi-sig? On the one hand it seems like a no brainer. On the other it feels a little risky (noting nothing is risk free) - ie, what happens if the collaborative custody provider goes down? ✌️

[SchmittycocoPop]

I love when my acquittances call it a scam, having never owned it. I said yes its a scam, it was worth fraction of a penny in 2009 now its worth 60k. Yes that's a scam don't buy it:) Ill buy yours and BTC please keep scamming me!

[grey_cross]

I just finished closing YouTube after looking for todays video, and I immediately get the notification 😂

[johnnymidas]

GOOD MORNING 🌄 MATTHEW, YOU'RE THE BEST

[Ed]

You are totally right about the "uncle saying BTC is a scam", mine does that all the time 😅

[kazikosky]

I hope BTC will survive in the next 30 years, I'm buying BTC everyday this is my hope for a good retirement 😂

[simbiotik]

I can't really imagine how Bitcoin could be good for 8 billion people when 50 entities possess or will possess more than 80% of the supply. These include Peter Thiel, microstrategy, the winklevoss twins, the US government, Michael Dell, and any number of multimillionaires and billionaires and instituitions. I am bit slow, can someone please explain this to me. Thanks

[STP]

Thank you, Matthew. I don’t quite get the Fed buying treasuries. I understand why they do it but 1) they shouldn’t have to do it 2) does it point to the debasement of our currency 3) does it point to our general bankruptcy?

[bubblebubble-fndr]

It is weird to see some billionaires who constantly badmouth and denounce bitcoin as if bitcoin is their nemesis. You don't have to love it but why hate it with passion? It's a weird hill to dye on.

[Paul-jpzz]

I suspect the chances that the majority of everyday Americans who buy bitcoin will ever stop thinking in fiat terms and instead value their wealth in bitcoin terms, is slim to none. They will buy it for number go up, in fiat terms, and continue thinking in fiat terms, as long as they have to pay their taxes in fiat terms.
It's a nice thought, this idea of putting yourself, and the world around you, on a bitcoin standard, but I don't believe that mentality will ever take hold and become the norm. I've even tried to convince myself to think in those terms, time and again over these past several years, but if I'm honest with myself? ....

[Restorection]

Does it not worry anyone else that a bunch of powerful people who control fiat are trying now to dominate BTC? I'm not so sure this ends well :/