Why Bitcoin Can Fail?

The Practical Islamic Finance Podcast

30-08-2024 • 19 mins

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Why Bitcoin Can Fail?

In this episode we will cover:

  • Introduction & Bitcoin Price Update
  • Did We Get It Wrong About Bitcoin? A Legitimate Question
  • Charlie Munger's Mental Model: Inversion Thinking
  • Applying Inversion Thinking to Bitcoin
  • Major Risks to Bitcoin: Analyzing Failure Scenarios
  • PIF Membership: Premium & Elite Benefits
  • Risk 1: Government Bans on Bitcoin
  • Risk 2: Network Attack: The 51% Attack Scenario
  • Risk 3: Replacement Risk: Could Bitcoin Be Replaced?
  • Risk 4: Bitcoin No Longer Needed: A Fiat Currency Perspective
  • Conclusion: Strengthening Our Conviction in Bitcoin
  • Viewer Q&A: Memberships, Bitcoin Price, and Meme Coins

CONTACT US
salam@practicalislamicfinance.com

ABOUT OUR PODCAST
Our podcast is about helping people ethically build wealth. We cover a broad range of topics including stock and crypto investing, product reviews, and general financial well-being.

DISCLAIMER
Anything you hear in this video is an opinion. It is not personalized financial advice. Make sure you do your due diligence before making any investment decisions.