Part 9/14:
When asked about whether this cycle signals a fundamental change in money, Morehead responds optimistically. He foresees a gradual transition rather than abrupt change, with individuals and institutions increasingly opting for assets like Bitcoin, gold, or real estate as alternatives to fiat money. He points to recent corporate moves—Tesla and MicroStrategy acquiring Bitcoin, and major companies holding significant amounts—as evidence of this shift.
He emphasizes that corporations are adding Bitcoin to their balance sheets not just as a speculative bet but as a way to safeguard against inflation and currency depreciation, especially as traditional fiat currencies continue to lose value.