Geopolitical analyst Peter Zeihan claimed that crypto is a 'hot dumpster fire' and that Bitcoin is now being priced 'more appropriately.'
) community members went on social media to respond to the claims of Peter Zeihan, one of the most recent guests on the Joe Rogan Experience podcast.that crypto was always a “hot dumpster fire” and that Bitcoin has no intrinsic value. The analyst claimed that the number one digital asset by market capitalization is now being priced “more appropriately.”at the time of writing will go down by $17,000 more, saying that its appropriate price is within the negatives.
“The craziest thing about Bitcoin is that there will never be more than X number of units of Bitcoin. By default, it means it can't be used for trade.” Zeihan also made the argument that the “whole idea of economic activity is that there's expansion which means you need more currency to lubricate and manage that expansion.” The analyst argued that if a currency’s supply is locked, there will be monetary inflation and this could “destroy an economic model.”
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