‘Bitcoin doesn’t solve any problem. It’s not a currency nor is it a store of value’ — Liz Ann Sonders, Chief Investment Strategist at Charles Schwab 18 October 2024 BTC: $68,000

‘You’d think someone could’ve come up with a good answer to what [bitcoin] is for by now’ — @MerrynSW Hang on didn’t you have @LynAldenContact on the show?

Tradfi is going to get rekt

Well done for time stamping. I am finishing a video this week about the muppets who still say bitcoin is not money

Thought of you when I heard this - Ann clearly needs to watch a couple of your vlogs. Can’t wait for the video 👍🏼

When you are part of the problem, you will never see the solution. What is so hard to understand about peer to peer trustless payments. Or the best savings vehicle we have ever had. Chief "do what my boss says" Strategist"🤡 We are still so early.

The most satisfying thing #Bitcoin will do is disintermediate people like Liz Sonders.

It’s worth bookmarking this and checking back in about 5 years to see how this thesis holds up. I own Bitcoin because central banks worldwide are devaluing their currencies by printing money to finance spending. Bitcoin’s finite supply makes it a hedge against inflation and currency devaluation, preserving purchasing power over time.

Whenever someone talks like this, they're gunning for the Treasury Secretary, head of SEC or some other political position. 100% of the time...

Jeez, what a pair of dimwits. Dinosaurs dully watching the orange asteroid as it signals their doom.

I like Liz Ann’s work. She has a boss like most if us though. Even if she believes this, her career and the careers of her friends could be totally disrupted by widespread Bitcoin adoption. It isn’t personal.

Nonsense