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The Case for $500,000 Bitcoin
The Winklevoss brothers make an argument that, in the long run, bitcoin is the only good safe haven.
The Winklevoss brothers make an argument that, in the long run, bitcoin is the only good safe haven.
STORY CONTINUES BELOW
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This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
This week’s episode of Long Reads Sunday is a reading of the latest essay from Tyler and Cameron Winklevoss.
The essay looks systematically at the problems of the slate of current store-of-value assets, including the U.S. dollar, oil and gold.
The brothers argue why those assets have, or are starting to have, value in their safe haven function, while bitcoin is on the rise.
See also: Is Asteroid Mining Really Our Best Argument for Bitcoin Over Gold?
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
Nathaniel Whittemore
NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.
