Part 2/10:
Gary Economics posits that Bitcoin, along with other cryptocurrencies and NFTs, should not be classified as reliable investments. He warns viewers that these assets are extremely risky, emphasizing the potential for investors to lose their money entirely. He makes a distinction between Bitcoin, which he describes as "money" or a "savings technology," and other cryptocurrencies, which he refers to as "shitcoins"—an informal term indicating they are likely devoid of any intrinsic value or backed by tangible assets.