I'm Not a Fan of Bitcoin: Blackstone's Wien

The video discusses the performance of gold in 2021, highlighting its role as a hedge against inflation. It contrasts this with Bitcoin, noting its volatility and questioning its viability as a stable investment. The speaker expresses skepticism about Bitcoin, preferring gold for reserves due to its stability. The discussion also touches on the potential for cryptocurrencies to gain respect and the role of Wall Street in legitimizing Bitcoin.

What commodity has the speaker been closely monitoring in 2021?

• Silver

• Gold

• Oil

• Copper

What is the speaker's opinion on Bitcoin as an inflation hedge?

• They believe it is better than gold

• They have no opinion

• They think it is the best option

• They are skeptical about its effectiveness

How does the speaker describe Bitcoin's price movement?

• Always decreasing

• Consistently increasing

• A rollercoaster ride

• Stable and predictable

What is the speaker's main reason for not investing in Bitcoin?

• It is not popular

• It is just a trading vehicle

• It is too expensive

• It is illegal

What does the speaker prefer to use for reserves?

• Gold

• Bonds

• Real estate

• Cryptocurrencies