Clay Finck chats with Andy Edstrom about why Bitcoin should be considered as a part of an investment portfolio, how Andy thinks about valuing Bitcoin as an investment, how investors can potentially keep themselves from ‘buying the top’ in Bitcoin, the 14 characteristics of money and how Bitcoin stacks up against gold and fiat currency, some of the common misconceptions around Bitcoin, and much, much more!
- 07:40 - Why investors should consider adding Bitcoin as a part of their portfolio.

- 26:13 - How Andy thinks about the value of Bitcoin today when buying it for his portfolio.

- 36:42 - How investors can potentially keep themselves from ‘buying the top’ in Bitcoin.

- 39:33 - What the 14 characteristics of money are.

- 01:15:21 - What makes Bitcoin different from all of the other cryptocurrencies.

- 01:24:32 - Why the US government is not likely to ban Bitcoin.

- And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

EPISODE RESOURCES

- Robert and Clay’s tool for picking stock winners and managing our portfolios: TIP Finance - use coupon code ‘ROBERT’ for 50% off.

- Check out Swan Advisor Services.

- Andy’s book, Why Buy Bitcoin.

- Trade Bitcoin with Swan.

- Check out TIP’s Mayer Multiple and the Mayer Multiple Twitter Account.

- Square and Ark Invest’s Report, Bitcoin is Key to an Abundant, Clean Energy Future. 

- Explanation of the Lindy Effect.

- Related Episode: MI032: Bitcoin, Cryptocurrencies, and Blockchain (Part 1) w/ Preston Pysh.

- Related Episode: MI044: Bitcoin, COVID-19, And Macroeconomics For Beginners Part 1 w/ Pomp.

- Get a FREE audiobook from Audible.

- Check out our Investing Starter Packs about business and finance.

- Support our free podcast by supporting our sponsors.

- Save with a credit union that helps you build financial confidence with Navy Federal Credit Union.

- Make your home safe with Simplisafe and get 40% off today. Indoor and outdoor cameras, comprehensive sensors, you name it.

- Now, not only the wealthy can afford collectibles! Enter Otis, an investment platform that makes it possible for almost anyone to invest in shares of cultural assets. Sign up now at withotis.com/TIP to get your first share for FREE!

- Get exclusive rewards and comprehensive benefits with Point Card. Membership starts at $99 a year and comes with unlimited cash-back on every purchase! Use promo code INVEST to get 25% off current membership fees when you create an account. Valid until January 31, 2022 only, so sign up now!

- Switch to Mint Mobile and get premium wireless service, starting at JUST $15 bucks a month, and get the plan shipped to your door for FREE.

Read this episode’s transcript and full show notes on our website.

Connect with Andy: Website | LinkenIn | Twitter

Connect with Clay: Twitter 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.