比特幣 ETF 有什麼大不了的？

比特幣ETF背後的資產管理公司已成為比特幣的最大持有者。這些基金（一月推出）是機構採用的里程碑，現在持有所有比特幣的 5%！

In this episode of The Drew Mariani Show, Drew dives headfirst into the Bitcoin conversation with guests Bill Ulivieri (crypto enthusiast and investment advisor) and Chris Temple (editor of The National Investor).

在本集《德魯·馬裡亞尼秀》中，德魯與嘉賓 Bill Ulivieri（加密貨幣愛好者和投資顧問）和 Chris Temple（《國家投資者》編輯）深入探討了比特幣對話。

Together, they discuss the recent launch of Bitcoin ETFs, institutional adoption, and the role of Bitcoin in Catholic social teaching.

他們一起討論了最近推出的比特幣 ETF、機構採用以及比特幣在天主教社會教學中的作用。

Here's a summary of the key points:

以下是重點總結：

Bitcoin ETFs: A Big Deal

比特幣 ETF：一件大事

The asset managers behind Bitcoin ETFs have quickly become the largest holders of Bitcoin.

比特幣ETF背後的資產管理公司已迅速成為比特幣的最大持有者。

These funds, launched in January, already hold 5% of all Bitcoin.

這些基金於 1 月推出，已持有比特幣總量的 5%。

Interestingly, this surpasses even Satoshi Nakamoto's rumored holdings.

有趣的是，這甚至超過了中本聰的傳聞持有量。

Bitcoin 101: Bill Ulivieri's Perspective

比特幣 101：Bill Ulivieri 的觀點

Bill provides a broad overview of Bitcoin:

比爾對比特幣進行了廣泛的概述：

It was designed as digital cash, enabling person-to-person value transfer without banks.

它被設計為數位現金，無需銀行即可實現人與人之間的價值轉移。

Bitcoin introduced digital scarcity, making it like "gold" for the internet.

比特幣引入了數位稀缺性，使其成為網路的「黃金」。

For international money transfers, Bitcoin does it at almost no cost and without the hassle.

對於國際匯款，比特幣幾乎免費且沒有任何麻煩。

When asked if Bitcoin is digital gold, Bill's answer is a resounding YES.

當被問及比特幣是否是數位黃金時，比爾的回答是肯定的。

But he goes further, arguing that it's not just a store of value; it's a better store of value than gold. Here's why:

但他更進一步，認為這不只是價值儲存手段；更是價值儲存手段。它是比黃金更好的保值手段。原因如下：

Gold is inconvenient and outdated (try paying for gas with a gold coin!).

黃金既不方便又過時（嘗試用金幣支付汽油費！）。

Bitcoin, on the other hand, is secure, scarce, and globally accessible.

另一方面，比特幣是安全的、稀缺的且全球均可獲取的。

The Skeptic's View: Chris Temple's Perspective

懷疑論者的觀點：克里斯坦普的觀點

Chris offers a contrasting perspective, suggesting that Bitcoin aligns with the "greater fool theory" (buying low, selling high, and hoping someone else pays more).

克里斯提出了相反的觀點，認為比特幣符合「更大的傻瓜理論」（低買高賣，並希望其他人支付更多）。

He compares it to historical events like tulip mania and the dot-com bubble, arguing that people are primarily motivated by profit.

他將其與鬱金香狂熱和網路泡沫等歷史事件進行了比較，認為人們的主要動機是利潤。

In his view, Bitcoin is not the "currency of the people" like gold once was.

在他看來，比特幣不再像曾經的黃金那樣是「人民的貨幣」。

Crypto & Politics: Shifting Perspectives

加密貨幣與政治：轉變視角

There's a noticeable change in attitude among politicians towards Bitcoin.

政界人士對比特幣的態度有了明顯變化。

Trump, the SEC, and even Jerome Powell (Fed Chair) are recognizing its legitimacy.

川普、美國證券交易委員會，甚至傑羅姆·鮑威爾（聯準會主席）都承認其合法性。

The crypto lobby has been actively involved, and 85% of their endorsed candidates won in the 2024 elections.

加密貨幣遊說團體一直積極參與，他們支持的候選人中有 85% 在 2024 年的選舉中獲勝。

Bill sees this as America finally embracing blockchain technology, putting the U.S. back in the driver's seat of innovation.

比爾認為這標誌著美國最終接受了區塊鏈技術，使美國重新回到了創新的主導地位。

Catholic Perspective: Bitcoin & Social Teaching

天主教視角：比特幣與社會教學

Bill connects Bitcoin to Catholic social teaching, specifically Pope Benedict XVI's Caritas in Veritate, which highlights the human costs of economic dysfunction.

比爾將比特幣與天主教社會教義聯繫起來，特別是教宗本篤十六世的 Caritas in Veritate，它強調了經濟失調對人類造成的代價。

Here's his argument:

這是他的論點：

The current system, with inflation and endless money printing, ultimately devalues human labor.

目前的體系，伴隨著通貨膨脹和無止盡的印鈔，最終使人類勞動力貶值。

Bitcoin, as honest money, serves as a hedge against inflation and corruption.

比特幣作為誠實的貨幣，可以對沖通貨膨脹和腐敗。

It's accessible to anyone, anywhere, embodying freedom and dignity, especially for the poor.

任何人、任何地方都可以使用它，體現自由和尊嚴，特別是對窮人來說。

However, Chris maintains his skepticism, arguing that Bitcoin is too elitist and inaccessible for the average person ("Joe Six-Pack and Sally Soccer Mom").

然而，克里斯仍然保持懷疑態度，認為比特幣過於精英化，對於普通人來說難以接近（「六塊肌喬和足球媽媽莎莉」）。

Final Thoughts: Team Bitcoin vs. Skeptic

最後的想法：比特幣團隊與懷疑論者

Bill concludes by expressing his belief that Bitcoin is the future, offering a global, inflation-proof solution.

比爾最後表達了他的信念：比特幣是未來，提供了全球性的、防通膨的解決方案。

On the other hand, Chris remains skeptical, likening Bitcoin to past financial bubbles.

另一方面，克里斯仍然持懷疑態度，將比特幣比喻為過去的金融泡沫。

The discussion ultimately boils down to whether Bitcoin will become the currency of freedom or just another shiny object in a flawed system.

討論最終歸結為比特幣是否會成為自由的貨幣，還是只是一個有缺陷的系統中的另一個閃亮的物體。

What do you think? Share your perspective in the comments below!

你怎麼認為？在下面的評論中分享您的觀點！

To listen to the full conversation and get access to more engaging Catholic content, check out Relevant Radio on your favorite podcast platform or visit relevantradio.com.

要收聽完整的對話並訪問更具吸引力的天主教內容，請在您最喜歡的播客平台上查看相關廣播或訪問 relatedradio.com。

And don't forget to share this episode with your friends and family to continue the conversation.

不要忘記與您的朋友和家人分享這一集以繼續對話。