
Pierre Rochard
@BitcoinPierre • 106,908 subscribers
Follow for Bitcoin & capital markets insights. CEO of The Bitcoin Bond Company, Steward of @CatholicBitcoin, host of the @BitcoinForCorps Show, Board @Strive
Shorts
Videos

This afternoon I testified at the Texas Senate Committee on Business and Commerce hearing in favor of SB 21, to establish a Texas Strategic Bitcoin Reserve. Thank you Charles Schwertner for introducing the bill, Office of the Lieutenant Governor Dan Patrick for making it a legislative priority, and Donna Campbell for asking great questions about Bitcoin custody and security.
Pierre Rochard1,020,239 次观看 • 1 年前

Sharmin Mossavar-Rahmani, chief investment officer of Goldman Sachs Wealth Management: bitcoin lacks a fundamental value thesis, it is just a speculative trading asset, not an investment asset. Counter-argument: bitcoin is a growth currency, its fundamentals driving adoption are (1) the freedom to save a monetary asset with a verifiably, finitely scarce supply and (2) a decentralized open-source software protocol that maximizes reliability. Synthesis: bitcoin is not a cash-flow investment because it is cash, and its advantageous properties as a monetary asset are attracting new adoption which drives value accrual. That's why it's the best performing asset over the past 10 years and should be in GS clients' portfolios.
Pierre Rochard91,483 次观看 • 1 年前
没有更多内容可加载