This week’s episode of THE FINANCIAL COMMUTE features a conversation on Bitcoin from Morton Wealth’s 2023 Investor Symposium led by host Chris Galeski, Wealth Planner Brian Standing and founder of The Bitcoin Layer Nik Bhatia. Nik is also a CFA® charterholder and teaches finance and business economics at USC. Nik explains that Bitcoin is both a software and a unit of account within the software. The unique innovation Bitcoin offers is that people can use and move these units without a central party (like a financial system or government authorities). This makes it resistant to censorship and interference. Bitcoin miners constantly have their computers on to secure networks and create blockchains that give Bitcoin value. Many Bitcoin investors see it as a hedge against inflation due t
Leave a Reply