Journal Entry: Olaf James Haugen-07/31/2024-Lesson 5: Digital Economy: Bitcoin History

Journal Entry

Nobody has total control of the asset and can put taxes and fees to whatever their fancy is. It has a big advantage because it will always appreciate over time until there is no more and then maybe the price will stay around a certain number.

I don’t quite understand what the difference is between coinbase and ETFs I think it means that the ETFs are like bonds and stocks if that what it is then if you are trying to play the market you would want the ETFs.

The rest of America is still skeptical because it has just started out and they don’t know how long it will last or if it will crash they have to have time to believe in it and then they will slowly get on board after it has proven what it worth is. Once it is proven it will be as valuable as real diamonds. I believe anyways.

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