Circle CEO Jeremy Allaire: We don't have sound money principles embedded in our monetary system

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  • Опубліковано 18 гру 2024

КОМЕНТАРІ • 159

  • @VillageStreetDogs
    @VillageStreetDogs День тому +13

    “I’m not gonna give you a number.” Lollll

    • @jlvandat69
      @jlvandat69 День тому +1

      The guy has no clue.....unbelievable. He cannot give a number because it's a speculation-only asset, so it could be a million or zero. Both numbers are possible.

    • @baronvonraschke77
      @baronvonraschke77 22 години тому +2

      Number one, I don't know why he should be expected to give a number. He's not even a Bitcoin expert, per se. He runs Circle which issues full reserve stablecoins, not Bitcoin. Number two, if he gave a number it would only be a guess and you can find a ton of those out there. When I got into Bitcoin, there was a lot of chatter about it hitting 100k one day (it was less than 1k at the time) and I'm sure both of the hosts of this show would have said at the time that was an impossible pipe dream, just as Warren Buffett thought it had no value. So Allaire could have entertained the hosts with a guess but I actually respect him more for not trying to predict the future.

    • @openmind06
      @openmind06 19 годин тому

      @@jlvandat69your lack of knowledge is astounding 😂

  • @Paul-jp8zz
    @Paul-jp8zz День тому +9

    There is no terminal value. As they say, Bitcoin has no top because Fiat has no bottom

  • @MarkLewis-v3v
    @MarkLewis-v3v 20 годин тому +10

    I'm favoured financially with Bitcoin ETFs approval, Thank you buddy.$37,500 weekly profit regardless of how bad it gets on the economy

    • @RubyRosay-k7q
      @RubyRosay-k7q 20 годин тому +4

      Same here Pal, I strongly agree that Bitcoin ETFs approval will be a lifetime opportunity for us, with my current portfolio of $102,500 from my investments with my personal financial advisor Mark Hutchinson, 1 agree with you😊

    • @rowdiehowie
      @rowdiehowie 20 годин тому

      I know Mr Mark hutchinson as a popular crypto experts' people talk about, he's transparency in the crypto community speaks for his, I attended his seminar in Brisbane🇦🇺 last year

    • @Mohed-u5o
      @Mohed-u5o 20 годин тому

      ​@@RubyRosay-k7q Please shed more light on Mark hutchinson, and how safe are the profits! Thanks.

    • @RubyRosay-k7q
      @RubyRosay-k7q 20 годин тому

      He serves as my family's personal broker, as well as to many families across the United States. He's is licensed as a FINRA agent in the U.S.

    • @Mohed-u5o
      @Mohed-u5o 20 годин тому

      I'm really excited about this and I want to plug in. Can I talk to him somehow?

  • @jimkerr6819
    @jimkerr6819 День тому +4

    Which would you rather have for a currency...one that loses purchasing power or one that increases purchasing power?

    • @vitbing
      @vitbing 23 години тому

      one that I can touch feel then walk into a store and use

    • @alexmarchant8513
      @alexmarchant8513 22 години тому +3

      @@vitbing if thats a requirement then i would suggest investing in toilet paper which has strengthened against the dollar over the last 4 years even with supply chain back to normal

    • @bahmak2003
      @bahmak2003 21 годину тому

      @@vitbinghow do you feel money? 😂😂😂

    • @openmind06
      @openmind06 19 годин тому

      @@vitbingso get rid of your debt card. 😂 crypto is already being used by the United States government. Look at Fed Now and stop pushing misinformation.

    • @openmind06
      @openmind06 19 годин тому

      @@vitbingyou must be old as hell 😂 touching cash 😂

  • @WhaleEye-r4e
    @WhaleEye-r4e 19 годин тому +1

    good guest; useful commentary

  • @georgemaximus694
    @georgemaximus694 День тому +4

    Oh wow that’s shockingly newsworthy. We don’t have a sound monetary policy system

    • @vitbing
      @vitbing 23 години тому

      there is no law that states crypto is a legal tender of your $ , so until the Speculation is settled out crypto is worth how much $ at this time ?

    • @openmind06
      @openmind06 19 годин тому

      @@vitbing😂 you’re commenting on something you’re clueless about. Cryptocurrency is already being used by the government. See you don’t even know that do you? Look into Fed Now. It’s been almost a year btw.

  • @WebsterVissel
    @WebsterVissel День тому +6

    I'm favoured $130k every 4 weeks! I now have a good house and can afford anything and also support my family>>

    • @Devocion-Souza
      @Devocion-Souza День тому

      How please?

    • @WebsterVissel
      @WebsterVissel День тому

      Yeah, since meeting expert Debra, I now agree that with an expert managing your portfolio, the rate of profit high, with less risk.

    • @WebsterVissel
      @WebsterVissel День тому

      I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance

    • @Reynold-Kelly
      @Reynold-Kelly День тому

      😱Sounds familiar, I have heard her names on several occasions.. And both her success stories on wall street journey!

    • @MarcusSausi709
      @MarcusSausi709 День тому

      She's my family personal Broker and also a Broker to many families here in the United states, she is a licensed Broker.

  • @randyrobinson6493
    @randyrobinson6493 19 годин тому +1

    Can someone please tell this guy to interview! We don’t want his opinions, we want to hear his guests.

  • @eliseumalo4069
    @eliseumalo4069 День тому +3

    No one is laughing at Bitcoin now! 😂😂😂

  • @kenyamontijo4212
    @kenyamontijo4212 День тому +3

    DO NOT BE FOOLED ALL SMOKE AND MIRRORS!!!
    👆👆👆🙏🙏🙏👆👆👆

    • @jchief40
      @jchief40 22 години тому

      cry harder old man.. and have fun staying poor

  • @njohnnyutah5812
    @njohnnyutah5812 День тому +4

    Lads please you can ask smarter questions you've been doing this long enough 🤦

  • @jlvandat69
    @jlvandat69 День тому +2

    Joe" "The dollar is undermining itself"....somebody please explain why this guy is still doing interviews?

    • @Bradgilliswhammyman
      @Bradgilliswhammyman 22 години тому

      He is hillarious. A few years ago he was non stop bashing bitcoin...now that his boy Trump is pumping it he needs to be on that side of the trade because the dear leader is.

    • @openmind06
      @openmind06 19 годин тому

      He’s working for the legacy banking system. Him and Jim Cranmer. Paid to badmouth crypto. Banks are done in 2025.

  • @aaronrodriguez5368
    @aaronrodriguez5368 23 години тому +1

    Let the CEO complete the thoughts. Man U keep on cutting him off . Crazy

  • @anthonygargano1861
    @anthonygargano1861 23 години тому +1

    Texas is not creating a currency - it’s saving in a neutral reserve asset

  • @mathewmcfool
    @mathewmcfool День тому +4

    You want the number?
    Do you have a number😠
    YOU CANT HANDLE THE NUMBER😡

  • @mikewebster3126
    @mikewebster3126 День тому +1

    Wait so if all currencies are FIAT but Bitcoin is based on that - what does that make Bitcoin? A fiat squared?

    • @danhahn58
      @danhahn58 23 години тому +2

      it's not based on fiat at all, you should do more reading

    • @baronvonraschke77
      @baronvonraschke77 23 години тому +1

      Bitcoin is not based on fiat, that's part of the point.

    • @gottagetsollozzo
      @gottagetsollozzo 20 годин тому

      We still call currency quarter, dollar, pound though there's no longer any silver involved

    • @openmind06
      @openmind06 19 годин тому

      Wow try learning something on google.

  • @JaniceTAshton
    @JaniceTAshton 22 години тому

    Glory!!! After so much struggles I now own a new house with an influx of $84,630.00 every month God has kept to his words, my family is happy again everything is finally falling into place. God bless America

    • @Andrewbrown-p3x
      @Andrewbrown-p3x 22 години тому

      Our God indeed is a covenant keeping God. Has he said a thing and not perform it? I watch how things unfold in my life, from penury to $355,500 every month and I can only praise him and trust him more.

    • @Morrisonrobert-l7n
      @Morrisonrobert-l7n 22 години тому

      Hello, I'm a Doctor from Scotland, how do you make such amount? I'm a born Christian but sometimes I feel so down of myself because of low finance but I still believe in God.

    • @Frank-h6g1b
      @Frank-h6g1b 22 години тому

      Stocks and Forex - an enlightened form of Investment, the place where millionaires and future billionaires would come for motivation. You are seriously missing out if you have never been in one. Most importantly If you know how to trade you can make a lot of money no matter where you find yourself

    • @Petel-k1p
      @Petel-k1p 22 години тому

      I strongly agree that Bitcoin ETFs approval will be lifetime opportunity for us, with my current portfolio of $108,000 from my investments with my personal financial advisor i totally agree with you

    • @Kamsi-w9o
      @Kamsi-w9o 22 години тому

      Your channel has been a huge part of my transformation, God is good tbh. l was owning a loan of $30,000 to the bank for my son's brain surgery (Oscar), Now I'm no longer in debt after I invested $8,800 and got my payout of $57,635.00 every months.God bless Patricia.

  • @fzr1000981
    @fzr1000981 День тому +7

    CNBC is officially BITCOIN NETWORK....non stop pumping

    • @stock7628
      @stock7628 День тому +1

      These news stations only talk about bitcoin when its going up as well as having different guests on about it. During the bear markets they don't have anyone on or talk about it.

  • @Backtothecryptoverse
    @Backtothecryptoverse 19 годин тому +1

    Btc is a commodity

  • @Barweezy
    @Barweezy День тому +1

    A Bitcoin reserve will only strengthen the dollar similarity to how our gold and oil reserves strengthen the dollar. I think we all agree that Bitcoin is not competing with the dollar to be a medium of exchange.

    • @baronvonraschke77
      @baronvonraschke77 23 години тому +1

      As Jerome Powell stated, Bitcoin is competing with gold, not the US dollar.

    • @openmind06
      @openmind06 19 годин тому +2

      Bitcoin will win eventually.

    • @jpol999
      @jpol999 14 годин тому

      Bitcoin is completely competing with the dollar and is winning. Just look at the chart dude.

    • @baronvonraschke77
      @baronvonraschke77 4 години тому

      @@jpol999 It is competing as a store of value, not as a day to day currency like the dollar. Nobody uses Bitcoin to buy their breakfast in the morning. It is certainly "winning" though, as it's gained in value. It's use case though has morphed into digital gold rather than the original goal of digital currency.

  • @PortiaStone-g7j
    @PortiaStone-g7j 20 годин тому

    Great content, as always! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?

  • @mariedavison3707
    @mariedavison3707 17 годин тому

    Bitcoin to thrive 1. Let J Powell leave immediate in the same car as Yellen. 2. Quit taxing Bitcoin 3. Get things measured in Satoshi

  • @JeffisBest1
    @JeffisBest1 День тому

    Sovereignty is the word.

  • @bangkoktracking7810
    @bangkoktracking7810 День тому +1

    Demand for US Bonds wil be replaced with the stable coins instead of Chinese government.
    US does not need to beg any country to buy US bonds if US conquors in Crypto market. Stable coins pegged with US dollars create huge demand from all over the country. Due to 'Huge fee from the bank(Swift system)' ,'exchange rate among different currencies' & 'Processing time' , Stable Coins will be used in B2B/P2P & any type of deal partners.
    That's the reason that Trump administration hurry to settle the regulation for all business partners. Trump knows that this is enormous oppotunity and the surge for new era to make America great again. US Dollar hagemoney will be going on and Trump likes to charge the cost to every single country which is currently trading with US. That will be the tariff and it will be used for US budget.
    On the other hand, if everything goes well, All the countries will get paid coz they have been relying on US for a long time. Except US, It will be a nightmare to every country. Trump's message is very simple & clear.
    " No free lunch anymore. Give and then take!"

  • @hbwstms
    @hbwstms День тому

    I will keep it simple. When money moves faster and is secure and equivalent to the existing currency, all markets increase. Most think like, when money was traded in Bits or preferred the horse and wagon.

  • @Lawliet734
    @Lawliet734 День тому

    Regardless of the deficit, the US will buy BTC at any price for the SBR!

  • @tuubbyhubby55555
    @tuubbyhubby55555 День тому

    you need to interview Richard heart he will tell you

    • @openmind06
      @openmind06 19 годин тому

      😂 Hart is a 🤡

  • @davidjackson2179
    @davidjackson2179 23 години тому

    Sorkin is the most irritating person to talk about Bitcoin. He always acts like he just heard about it yesterday. He never asks any insightful questions and always seems puzzled.

  • @JasonBoxClimate
    @JasonBoxClimate 22 години тому

    The guests don’t understand bitcoin sufficiently

    • @openmind06
      @openmind06 19 годин тому

      He doesn’t need to know about bitcoin.His company made the first digital dollar. Nothing to do with bitcoin.

  • @joshuaburns3167
    @joshuaburns3167 День тому

    We print the money... The debt doesn't matter to us..

    • @Steve-fh3si
      @Steve-fh3si День тому +1

      Sure, if you don’t care about inflation

    • @joshuaburns3167
      @joshuaburns3167 День тому

      @Steve-fh3si We only had inflation because of the Pandemic and Biden extending all the free stuff.

  • @ragin206
    @ragin206 23 години тому +1

    Andrew dorkin

  • @PaulRizzo504
    @PaulRizzo504 23 години тому

    Reminder this guy kept all his money in a checking account at SVB that has to be bailed out by US tax payers LMFAO

  • @ronp5746
    @ronp5746 День тому

    why is sorkin the guy to be working stories about digital assets (BITCOIN) ... ? He has been SO tremendously wrong and negative for years .... SORKIN ... HFSP... The questions you put forth shows the 🌎 you enjoy being stuck on lame ... LOVE IT how Joe smacks him down on the reg

    • @Bradgilliswhammyman
      @Bradgilliswhammyman 22 години тому

      JOe is just a Trump sycophant. IF his boy turned anti crypto tomorrow Joe would be doing olympic level mental gymnastics to start bashing bitcoin again.

  • @kenyamontijo4212
    @kenyamontijo4212 День тому +1

    DO NOT BE FOOLED GOING DIGITAL IS INSLAVEMENT AND YOU SHALL SUFFER LATER!!!
    👆👆👆🙏🙏🙏👆👆👆

    • @bahmak2003
      @bahmak2003 21 годину тому +1

      Bitcoin is property rights not enslavement! 😂😂😂

    • @openmind06
      @openmind06 19 годин тому

      So not needing a bank account is slavery? Holding your own money is slavery. Ok most uninformed comment 😂

    • @openmind06
      @openmind06 19 годин тому

      Enjoy being broke.

  • @Xepa777
    @Xepa777 22 години тому

    This dude looks like Lars mickleson lol

  • @marco27c1
    @marco27c1 22 години тому

    I'll give you a number: Zero, zilch, nada! 😂

  • @richardburgos8449
    @richardburgos8449 21 годину тому

    China just discovered a whole heap of gold… 2 ships just discovered with Billions on board..only 21 million BTC out there… I believe it will come down to how much Satoshis you can acquire.. not much left at this rate of discovery on the big companies behalf.. Follow the smart money.

  • @brucestraub5265
    @brucestraub5265 День тому +3

    Key quote: "I haven't done the math".

  • @clockwise104
    @clockwise104 День тому

    BTC makes more sense as property than a currency …

  • @Molecularjewelry
    @Molecularjewelry День тому

    dramatic shift

  • @Tbecker048
    @Tbecker048 День тому

    Collateral… 1928 baby

  • @Mac33777
    @Mac33777 15 годин тому

    Do the math. It’s somewhere around $5 million per bitcoin.

  • @WritPop
    @WritPop 23 години тому

    I’ll keep holding onto my Argentinian peso.

  • @WritPop
    @WritPop 23 години тому

    Why does everyone say 21M!!!! You can go out decimal places!!!! There is no store of value lol.

  • @WritPop
    @WritPop 23 години тому

    Ever seen the video of the guy in El Salvador paying for a beer with bitcoin. Took 30 seconds to pay. Hanahahnahahahahahhahahahahahhahahahaahhaahahaahhahaaahah. Bullish Peso short USD because of bitcoin decisions!!!!

    • @openmind06
      @openmind06 19 годин тому

      Enjoy being broke. Bitcoin will not be a world reserve currency.

  • @WritPop
    @WritPop 23 години тому

    Ohhhhh digital cash…. Smart. I will stick to government backed currencies. Does anyone read anymore? History says a currency is a medium of exchange, not a Ponzi scheme.