Responding to Peter Mallouk’s Bitcoin Critiques

Andy Flattery & Zach from Casa respond to the bitcoin comments of Creative Planning’s Peter Mallouk:

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BTC is “Palm or Blackberry..” but blockchain will revolutionize everything?
“Too speculative” to be a currency?
But anyone can create their own cryptocurrency?
Investors in the S&P 500 would benefit anyway (from companies who hold it on the balance sheet)?

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Sources Used in This Episode:

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Value Stack Podcast – Zach’s Podcast
Balance Finance and Life w/ Peter Mallouk – The Investor’s Podcast TIP441
Value Stack Podcast on Twitter

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“To be honest, it’s not just Peter Mallouk. The whole population has forgotten the importance of bearer assets and self custody.” – Zach from Casa

Author

Andrew Flattery, CFP®

Andy Flattery is a CERTIFIED FINANCIAL PLANNER™ and Owner of Simple Wealth Planning. He serves affluent families that are working to lower their time preference in Kansas City and nationwide. Flattery is the host of Gentleman Speculator, a podcast on legacy, investing, and the life well-lived. When he’s not helping individuals build wealth, you can catch him playing rec sports, writing children's books, and spending time with his wife and four children.