Comments by "" (@tekannon7803) on "El-Erian's Three Takeaways on the Markets From 2020" video.

  1. Dear Johnathan and Mohamed, Thank you Johnathan for asking quality questions and thank you Mohamed for giving us, the viewers and listeners, quality answers in language lay-people like myself can understand. Both of you deserve a lot of credit for breaking down the complexities of your world of finance into sound-bites that make sense to people who only know the economy because they go to work and get paid and get a score-card of where all the taxes and deductions went to. My question to both of you is about the Bitcoin miracle or the the crypto-currency king as perhaps it should be called. What is bizarre to me is that everyone is saying to get into cryptos: buy Bitcoin. But Bitcoin is now over 20 grand a coin. Does anyone see anything... (strange about that?), spending 21 thousand dollars on a Bitcoin. That's a lot of money and the thing that I don't get is who says it's worth that much tomorrow? Listen, I have friends who worship Bitcoin, and own Bitcoin, and I don't mean to sound skeptical, but I would never spend over 20 thousand hard-earned dollars on one Bitcoin. Happy Holidays.
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