I mean, sure, Elon was enabling people to buy a Tesla with Bitcoin. But one thing that clearly wasn't was a currency. You could just as easily have encountered the same thoughts on the cover of a respectable financial magazine or website, or it might have been 2021 when it became increasingly clear that Bitcoin digital gold, if you will, might well be very valuable. At that stage, it may not have just been your friend. Now if that friend had been really early, really observant, that might've been as early as say 2011, when my guest this week was saying just that, or it might have been 2017 when Bitcoin started the year around a $1,000 a coin and close the year closer to $15,000. This video was recorded on July 19, 2023.ĭavid Gardner: Do you remember that friend of yours, the one who didn't believe in crypto? "It's a bubble," he said. *Stock Advisor returns as of August 1, 2023 and Bitcoin wasn't one of them! That's right - they think these 10 stocks are even better buys. They just revealed what they believe are the ten best stocks for investors to buy right now. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* When our analyst team has a stock tip, it can pay to listen. To get started investing, check out our quick-start guide to investing in stocks. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. James Surowiecki returns to our podcast to review previous predictions of a cryptocurrency bubble, look at the future of meme stocks, and play a round of the time-honored Foolish game of buy, sell, or hold.
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