Summary
Bitcoin Standard author Saifedean Ammous shared a conversation where a financial advisor admitted to personally preferring investing in Bitcoin over traditional strategies. Despite a downturn in 2022, Bitcoin continues to outperform with high annual returns. Experts predict continued growth in Bitcoin returns, with Max Keiser forecasting a surge in value beyond $500,000.
Key Points
1. Saifedean Ammous highlighted that Bitcoin outperforms traditional investments and financial advisors often prioritize selling strategies over recommending the best performing assets.
2. Some financial advisors, including the one mentioned by Ammous, personally invest in Bitcoin despite not recommending it to clients, leading to questions about ethical integrity in the industry.
3. Bitcoin has consistently shown higher returns compared to other world assets, even during bear markets, and experts like Max Keiser predict continued growth in Bitcoin value, with forecasts reaching beyond $500,000.