Responding to Peter Mallouk’s Bitcoin Critiques

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

  • 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)?

Sources Used in This Episode:

“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®

Andrew Flattery is a CERTIFIED FINANCIAL PLANNER™ and Principal of Flattery Wealth Management. He serves affluent families 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.

Simple Wealth Insights.

Simple Wealth Insights.