240. Preston Pysh

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  • Опубліковано 25 вер 2024
  • Investor Preston Pysh joins us to discuss bitcoin and fiat markets.
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    Saifedean’s first book, The Bitcoin Standard:
    saifedean.com/t...
    Saifedean’s second book, The Fiat Standard:
    saifedean.com/t...
    Saifedean’s third book, Principles of Economics:
    saifedean.com/poe
    Enjoyed this episode? Join Saifedean's online learning platform to take part in weekly podcast seminars, access Saifedean’s four online economics courses, and read his writing, including his new book, Principles of Economics! Find out more on Saifedean.com!

КОМЕНТАРІ • 126

  • @vavoo4971
    @vavoo4971 2 дні тому +28

    This is the place where you get to listen in when your favorite people have a conversation.

  • @orange_blossoms_sunset
    @orange_blossoms_sunset 2 дні тому +28

    This is my Saif space you guys

  • @MM32487
    @MM32487 2 дні тому +11

    Preston is brilliant.. takes complicated news/concepts and makes it very easy to understand what's going on.

    • @courtrye
      @courtrye День тому

      Yeah, he’s absolutely amazing and one of my favorite minds and voices in the space.

    • @dsflat6785
      @dsflat6785 День тому

      He's good but he ought to know it's Park Lane and not Park Place 🙄Actually it's typical of BTC enthusiasts to get the basics wrong..
      BTC enthusiasts don't talk about The Real Problems With Bitcoin (BTC)
      Trump exposed BTC with a 🍔
      The Lightning Network is off-chain, private and would need 133 MB BTC blocks to enable world transactions. LN nodes are also money transmitters and will be operated by large financial institutions, which is the complete opposite of Satoshi's Bitcoin White Paper
      Bitcoin Big Blockers BCH and BSV scale on-chain with fast, cheap transactions on Layer 1

  • @leemate
    @leemate 2 дні тому +15

    Preston dropping absolute fire as usual 🔥🔥🔥

  • @chrismullarkey3181
    @chrismullarkey3181 2 дні тому +4

    Wonderful and extremely foward thinking discussion. Thank you, Gentlemen.

  • @jimnichols5584
    @jimnichols5584 2 дні тому +4

    Terrific episode. Sharing reality of Bitcoin and the broken fiat system. Thanks

  • @HHH78709
    @HHH78709 2 дні тому +3

    The last convo btn saylor and saif was literally a new frontier.

  • @Samer-Qasim
    @Samer-Qasim 2 дні тому +10

    Saif’s podcast is like a portal to increase one’s IQ

  • @AJMassaro-ln2bu
    @AJMassaro-ln2bu 2 дні тому +4

    Thanks for great content guys 🫡

  • @GlennCallen
    @GlennCallen День тому +50

    I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Brittany Utley.

    • @MattewSchneiderr
      @MattewSchneiderr День тому

      Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

    • @SnyderGarcia4845
      @SnyderGarcia4845 День тому

      The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.

    • @Brucelanham845
      @Brucelanham845 День тому

      You trade with Brittany Utley too? Wow that woman has been a blessing to me and my family.

    • @Garymorrison73
      @Garymorrison73 День тому

      I'm new at this, please how can I reach her?

    • @marypowell5250
      @marypowell5250 День тому

      I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much.

  • @Wunderli_Injury_Law
    @Wunderli_Injury_Law 2 дні тому +3

    Preston and Saif! That’s signal boys! Awesome show

  • @lurkern
    @lurkern 2 дні тому +10

    Ooh, Pysh! Instant click

  • @jksmithiii
    @jksmithiii 2 дні тому +2

    Love these classic virtual backgrounds of book collections, but Jack Mallers' virtual background of Imelda Marcos' empty shoe closet is the best 😂

    • @ArchivingClownWorld
      @ArchivingClownWorld 2 дні тому +4

      lol, neither are virtual

    • @jksmithiii
      @jksmithiii 2 дні тому

      @@ArchivingClownWorld yeah I know. Just a little levity injection attack

  • @cryptoemcee
    @cryptoemcee 2 дні тому +3

    Thanks, genlemen.

  • @azdjedi
    @azdjedi 2 дні тому +2

    Every time Saif says "Bitcoin cash balance" I think of Roger lol

  • @suddentwist
    @suddentwist 2 дні тому +1

    Great conversation

  • @MikeStillUK
    @MikeStillUK 2 дні тому +6

    Hoping you got his reaction to Saylor’s yield conversation.

    • @waynerichardson1051
      @waynerichardson1051 2 дні тому +5

      Love Saylor, but the other day on this podcast he was a bit of a knob head towards Saif!! He came on the show just looking for an argument in my opinion!!

    • @iknown0thing
      @iknown0thing 2 дні тому +4

      ​@waynerichardson1051 not an entirely accurate analysis of that conversation

    • @waynerichardson1051
      @waynerichardson1051 2 дні тому +1

      ​@@iknown0thingis that it bro? Seriously?

    • @ericcson3429
      @ericcson3429 2 дні тому +2

      @@waynerichardson1051 Nope. Saif was way up in his ivory tower, expecting Saylor to just go riffing with him on some wishy-washy imaginary future scenario. Saylor is disciplined enough to only speak with conviction in the areas of his expertise. His push backs became (necessarily) stronger as Saif persisted.

    • @peanut9051
      @peanut9051 2 дні тому

      BTC must be a tier one asset before mass adoption happens. If your BTC has appreciated EVERY individual transaction is a taxable event based on the gain at that moment.
      No one wants to pay capital gains on a 1000 small transactions every year.
      Bitcoin needs to be tax free then get out of its way.

  • @BeckyCrouch-x1y
    @BeckyCrouch-x1y 2 дні тому +1

    *Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*

    • @BarryHolzbach-r4d
      @BarryHolzbach-r4d 2 дні тому

      Waking up every 14th of each month to 210,000 dollars it’s a blessing to I and my family… Big gratitude to Maria Frances Hanlon🙌

    • @MichealDevine-q8x
      @MichealDevine-q8x 2 дні тому

      Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?

    • @AlaishaJoness
      @AlaishaJoness 2 дні тому

      Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Maria Frances Hanlon, has been an amazing experience.

    • @AndreaBusson
      @AndreaBusson 2 дні тому

      YES!!! That's exactly her name (Maria Frances Hanlon) so many people have recommended highly about her and am just starting with her 😊from Brisbane Australia🇦🇺

    • @TammysueDay
      @TammysueDay 2 дні тому

      Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦‍♀️of myself because of low finance but I still
      believe in God

  • @RedorBlack21
    @RedorBlack21 День тому +1

    Love Saif and Saylor, this is my thoughts on the controversial parts of the conversation: i agree with MS that someone should be able to use their BTC to gain yield.
    I agree there is value in lending for a yield.
    I agree there is value in borrowing so others can build value and then pay back the loan
    I dont know why this cant be done p2p using blockchain?
    No need for any bank to custody our btc! Thoughts?

    • @RedorBlack21
      @RedorBlack21 День тому +1

      Agree with Saif: dont think anyone should be handing over your keys to an inevitably government controlled bank

  • @ttabasso
    @ttabasso 2 дні тому +1

    what dollar price would BTC need to be - to go from an 80 vol asset to a 10 vol asset - once that is calculated anyone who is HNW would stack and wait - the lower the vol the larger the pool of holders i.e. instutions - this is the main game theory calculation

  • @YungKingz__
    @YungKingz__ 2 дні тому

    Those who heard about Bitcoin & refused to take a position show their level of humility.

  • @johnnyads
    @johnnyads День тому +1

    Legends of the Game

  • @HHH78709
    @HHH78709 2 дні тому +1

    unreal info for free

  • @davidgreenhalgh3488
    @davidgreenhalgh3488 2 дні тому

    I’m pretty sure buyers of the Micro Strategy Converts are selling the stock. To hedge. Not buy both **

  • @wyva9845
    @wyva9845 День тому

    Americans should be demanding all political donations are done through a specific stable coin. We should be able to track those, and only be spent on campaign items… then we can do our budget distribution through stablecoin as well, we could cut out so much waste and would be way easier to audit at any time

  • @Eonwe
    @Eonwe 2 дні тому

    I'm here to hang with the absolute geniuses.

  • @Luke-cj7gz
    @Luke-cj7gz 2 дні тому +2

    Awesome

  • @Jimmybob21
    @Jimmybob21 2 дні тому

    Great content thank you! 🧡

  • @perfooter
    @perfooter 2 дні тому

    Amazing contrent. Saif your camera is shaking so much... made me dizzy

  • @MM32487
    @MM32487 2 дні тому

    For BTC to equal US Treasury market, it would be to be $1.35M per BTC at current financial landscape.

  • @saturupiah5940
    @saturupiah5940 2 дні тому +1

    Should we be concerned that Microstrategy are on their way towards 250 000 BTC?

    • @doctorgonzo5358
      @doctorgonzo5358 2 дні тому +4

      Yes... if you don't own MSTR 😂

    • @saturupiah5940
      @saturupiah5940 2 дні тому

      Thanks for the reply.
      Sooner own the pure asset.
      Not a fan of companies diluting their stock, although Microstrategy are outperforming every other asset.

    • @doctorgonzo5358
      @doctorgonzo5358 2 дні тому +1

      @@saturupiah5940 haha yeah it was tongue-in-cheek. The real answer to your question is: No.
      I'm with you. Less counterparty risk your way.

    • @search4wisdom
      @search4wisdom 2 дні тому

      Of course not.

    • @TeshTube
      @TeshTube 2 дні тому

      @@doctorgonzo5358🎯

  • @pran10000
    @pran10000 2 дні тому +1

    Your podcast with Saylor has become super controversial lol...!!

    • @jordanroberts7931
      @jordanroberts7931 2 дні тому +2

      Because it puts on full display that Saif is not the financial genius everyone likes to think he is. Saylor is 20x smarter than him.
      And now after watching and hearing his opinions on credit markets around Bitcoin, ya it confirmed my suspicions. I completely understand why Saylor acted the way he did.

    • @pran10000
      @pran10000 2 дні тому

      @@jordanroberts7931 Not your keys not your coins. Remember that.

  • @chrismale9976
    @chrismale9976 2 дні тому

    The best 👌🏼

  • @Ray_Charles
    @Ray_Charles День тому

    Satoshi vs. Yellen

  • @jksmithiii
    @jksmithiii 2 дні тому

    Damn Preston said it and it's getting more of my attention. Brent is a legacy trader trying to operate in the 21st century with 20th century trades. For those who embrace the 21st century, the legacy system looks more and more cringey.

  • @shauninferno3334
    @shauninferno3334 День тому

    Like this podcast 2025 btc at 250k❤

  • @ttabasso
    @ttabasso 2 дні тому

    the Arbitrage is education .... even with education it still feels like gaslighting galore

  • @senorgringopapi2059
    @senorgringopapi2059 2 дні тому

    Bitcoooorn

  • @ronp5746
    @ronp5746 2 дні тому

    80.5 IQ here....

  • @John-wf5if
    @John-wf5if 2 дні тому

    How will Bitcoin weather:
    1) A Kamala Harris presidency
    2) The growth of paper Bitcoin

    • @beerkegaard
      @beerkegaard 2 дні тому +1

      Dems pump markets. Money printer go brrrrrr

  • @utvetteguy
    @utvetteguy 2 дні тому

    bitcoin will never go to 6 figures

  • @adambui7935
    @adambui7935 2 дні тому

    please stop your nonsense and fooling people. Bitcoin is not money

    • @mickywes3733
      @mickywes3733 2 дні тому +6

      What is money?

    • @apc4884
      @apc4884 2 дні тому

      ​@@mickywes3733USD obviously, it's scarce and immutable

    • @adambui7935
      @adambui7935 2 дні тому

      First bitcoin is not money. Second is confirm first principle. Third is to confirm the second principle. Bitcoin is not money. The question is what is mining in the general sense. What is bitcoin mining?

    • @apc4884
      @apc4884 2 дні тому +2

      @@adambui7935 wow, you sound like you know what you're talking about.

    • @adambui7935
      @adambui7935 2 дні тому

      listen to me dudee, bitcoin is not money. not money. not money.

  • @dr.k.math.777
    @dr.k.math.777 День тому

    Most normies haven’t even heard of MSTR or Michael Saylor. We are so so so early to Bitcoin, honestly. Great conversation.

  • @dr.k.math.777
    @dr.k.math.777 День тому

    Most normies haven’t even heard of MSTR or Michael Saylor. We are so so so early to Bitcoin, honestly.

  • @kon-b2w
    @kon-b2w 15 годин тому

    Saif can we get time stamps?

  • @paulkieffer1189
    @paulkieffer1189 День тому

    Only 47k subs tells you everything you need to know about how badly trad finance wants to not know the truth.