A MUST listen (twice at least). This interview is just gem packed. There’s so many great topics discussed that the brain cannot take in a single listen. Well done Preston. We’re so blessed to have legends like Plan B sharing his wisdom with the world.
We are early, so early. And because we are so early you must become aggressive as you can get in order to accumulate as much BTC as you can. Good luck!!
Plan B is the best! Great interview. You should invite his financial buddy Williem along with PlanB next time. I heard them both on another podcast and it was fantastic.
Plan B was right about needing a Plan B in case UA-cam cuts him off again. Thanks Preston for covering all my questions I had for Plan B. Thank you Plan B for being generous with your models! You are both appreciated!!
Very nice interview, informative as usual, thanks Preston. I have one question for you, based on this interview and others, the ECB, FED and other Central Banks, will fight to the death to keep their monopolies, what does that means for us hodlers? Can they try to seize BTC? Try to keep them locked on the exchanges? What could be a recommendation to keep it safe? I know hardware wallets, but couldn't they just seize the HW as well? Thanks!
This is the first "preferred pronoun" I could ever get behind. The wok agenda had this successful use of a "preferred pronoun" modeled for them and STILL couldn't get it right!! What a MASTER Plan B really is! The whole world acknowledged his preference, and no one got sued, canceled, or protested; No one was triggered, offended, traumatized, or sought or sought refuge a safe space. You're LEGEND in MULTIPLE universes, Plan B.
Here’s a question if there was no fiat money over the last 40 years or 50 years real estate prices would be 80% lower because you wouldn’t have the money fueling the bubble is that correct what am I missing and Bitcoinn’s money you can’t manipulate it and learned more as they do at the dollar store prices will crash
I don’t see how real estate can be fungible, because if it were turned into a token, so what, it’s still equal to an actual real and unique property. I suppose real estate could be made somewhat fungible if you were to kind of bundle them all together. Which is exactly what they did with “mortgage backed securities.” Basically bundled debt that people buy and trade as an asset. Even though it’s debt, it should have a certain yield in interest. Idk, not really sure what you’re getting at.
@@paulczar Tokenizing real estate would actually make it immediately fungible in the sense that it could be collateralized and traded (sold) without involving various middlemen. Assuming you're familiar with American-style private car ownership, the real estate market could operate similarly. One could essentially sign over the title to another party via digital exchanges where the value of the token assigned to the asset is pre-determined. [Once an asset has been assigned a token, it could literally be traded on a market.] Once assigned a value -like, say, X amount of satoshis, that portion of real estate could be traded like dollars.
Also look at social security, Medicaid, federal grants, universities, private contractors. Yeah he’s correct. The US government is usually the largest customer of most private industry
Plan b is wrong. You absolutely cannot frequently refinance. The process is long and they make it very hard to do. Also, you need a sizable income to show the bank, even when you refinance the same loan and are getting a lower payment. If you show no income, they will never let you refinance
@@drmattbarnes1371 is what M.Saylor said but, how do you paid back the money? I mean, If you need money and think to sell btc, is because don't have rent enough I guess. Let me know your thoughts
@@mantilla125 in this model you borrow enough to live and enough to pay the carry cost (interest payments) then as you run out of cash you go and borrow more years later to continue the process. As long as the asset continuously grows over the long term you can live off it. An example: you have 2 million worth of bitcoin and you borrow 500K. Over the next 4 years you live on 100K per year and use the other 100K to make payments. 4 years from now all of us expect bitcoin to be 5x to 10x higher. But even if it is only 2x in 4 years you have $4 million of bitcoin with 500k debt. You could borrow another 500k to get to 25% debt and live off that for the next 4 years. As long as the long term asset growth is there you can continue that process forever... and never pay taxes on the growth of the asset.
I got on my knees, “ I beg you, I beg you, I beg you,” “ Bitcoin is real, Bitcoin is real, Bitcoin is real,” Channeling Charleston Heston performances from Planet of the Apes, and Soylent Green, ending scenes. As Morrissey sang, “ I can laugh about it now, but at the time it was horrible”.
Stock to flow model does not work. It did not work for gold (Which is where he modified it from for crypto) and its not going to work for crypto.His accurate predictions based on such have been pure coincidence. See Colin talks crypto. He has abandoned the stock to flow model as one of his numerous bag of crypto data analysis tools and explains why
awesome interview, you should do another show and have him brake down the leghtening cycle, and sad to hear the olligarchs are buying up land allover the world, seems like they are gearing up for fuedalism 2.0, are we going to let them do that? they are insane soul less beings, those blackrock folks, as long as we dont let them think they can also invent royalty and feudalism in the metaverse we can take liberty back here on gaia 1.0
Actually the Earth is observably, navigatably and measurably flat. If a lie is repeated enough the whole world will believe it. The sextant ONLY works on a flat plane. Al Biruni did Trig assuming he was on a flat plane in order to get the mountain's height he used to say he measured Earth curve but NOT ONE PERSON has seen or can see Earth curve because it does not exist. 2nd law of thermodynamics debunks a vacuum(of which is 10 to the minus 14 torr and would be the strongest vacuum known to man) next to our gas pressure here on Earth. The gas we breath would fill the space. In fact gravity is superceded and mass DOES NOT attract mass for gas is mass but gas follows natural law and expands in all directions to fill the VOLUME of space there is to fill. So what is the V in the formula of determining gas pressure? Its VOLUME of the CONTAINER. The necessary antecedent of gas pressure is a container. No exceptions. These are natural laws. So gas is NOT held to earth with gravity. Gravity is not real as per science today that now follow the pseudo ramonian 4 space bending of space and time. Why am I so educated about this crap?? Shout out to the cutting edge crew proving all this stuff through scientific methods: NathanOakley1980, Flat Earth Debate. Try and debate them if you think you know your stuff..
It’s already been said , but excellent video ! The effort you put into the production was well worth it , it was entertaining from start to finish can’t wait for the next one. Great job 👏👏. Regards to Mr. Seth Leonard for aiding my crypto portfolio increase.
@@lucasliam6012 Have thought of going into bitcoin Trade lately, Thanks for the information and I hope he will also guide me with his signals ??????????
His voice sounds a bit artificial, like it is being composed on the go by some kind of superior voice engine. But most likely it's just a noise floor effect
A MUST listen (twice at least).
This interview is just gem packed. There’s so many great topics discussed that the brain cannot take in a single listen.
Well done Preston. We’re so blessed to have legends like Plan B sharing his wisdom with the world.
That was one the most genuinely friendly interviews I've heard on finances. Very insightful too. Good job.
We are early, so early. And because we are so early you must become aggressive as you can get in order to accumulate as much BTC as you can. Good luck!!
One of the best bitcoin podcasts. I listen to every one!
Plan B is the best! Great interview. You should invite his financial buddy Williem along with PlanB next time. I heard them both on another podcast and it was fantastic.
Agree. Willem Middelkoop. Interesting Guy.👍
Yeah Boyz! Keep up the good work and fight. Go BTC and go S2F.. Plan B! 🔥🚀🔥
PlanB has a little Anton Chigurh from 'No Country for Old Men' in his voice.
Totally agree
Wow! Fantastic interview! Thank you!!!
Plan B was right about needing a Plan B in case UA-cam cuts him off again. Thanks Preston for covering all my questions I had for Plan B. Thank you Plan B for being generous with your models! You are both appreciated!!
What a pleasure to listen to this
PlanB is always a great listen
Video needs to be watched multiple x
Your channel is undervalued man
Great episod thanks a lot PlanB 😀
Great work Preston
Superb interview guys. Kudos!
Preston Pysh is very thoughtful and all his interviews are very professional. I don't miss a podcast. Thank you Preston
Some weird audio clicking from about 26:30 onward for headphone users. Otherwise great listen!
Been fan since podcast 1 !!! 😎✌️☕️
Wow! its so valuable, save ur financial life. Listen to these podcasts.
Thanks Preston. 🔥🔥🔥
🧡💛💚💙 Great stuff, love Plan B
Michael Saylor asked miners to HODL. Same with all of us. Just use for necessities.
Great interview!
Very nice interview, informative as usual, thanks Preston. I have one question for you, based on this interview and others, the ECB, FED and other Central Banks, will fight to the death to keep their monopolies, what does that means for us hodlers? Can they try to seize BTC? Try to keep them locked on the exchanges? What could be a recommendation to keep it safe? I know hardware wallets, but couldn't they just seize the HW as well? Thanks!
So informative and I’ve just subscribed because of your courage on having PlanB on your podcast!
Isn’t it funny how a guy like PB gets people banned? Crazy times!
Great interview.
Excellant discourse, very educational, a must watch. Thank you for puting this content togeather.
Awesome info. Thx
This is the first "preferred pronoun" I could ever get behind.
The wok agenda had this successful use of a "preferred pronoun" modeled for them and STILL couldn't get it right!!
What a MASTER Plan B really is!
The whole world acknowledged his preference, and no one got sued, canceled, or protested;
No one was triggered, offended, traumatized, or sought or sought refuge a safe space.
You're LEGEND in MULTIPLE universes, Plan B.
!!Africa would benefit! You are 100% right.
Great episode
Love this episode
Hooah! On time, on target everytime. Nicely done and tnx for your service again Pres.👨✈️🤑👍
Very valuable discussion. I will be listening to more of these podcasts in the future. Thank you.
What is SER? Plan B viewed it as a possible world reserve currency?
SDR Special Drawing Rights
UA-cam should handle the scammers and not the people with free opinion
Here’s a question if there was no fiat money over the last 40 years or 50 years real estate prices would be 80% lower because you wouldn’t have the money fueling the bubble is that correct what am I missing and Bitcoinn’s money you can’t manipulate it and learned more as they do at the dollar store prices will crash
Well done humans.
I am studying statistics and wish I can be like planB full time BTC analyst
INVESTING MAKE UP THE TOP-NOTCH HEMISPHERE OF WEALTH, THAT IS MORE REASON ONE SHOULD SAVE AND INVEST TO SECURE MORE PROFIT AND ENSURE SUCCESS
Anyone who is not investing now is missing a tremendous opportunity.
@@juaneliza2277 Yes. It's better to take risk and make sacrifices than to remain poor or settle for less..
investlng in financial_market is what all rich people do. This is not a living but to grow our portfolio.
In a Finance Insurance and Real Estate Economy (FIRE), I would like to hear your opinions on Insurance
Nice
Great conversation as always. In addition to harbors, China is buying European airports as well. Lots of energy infrastructure as well.
I SEE PLAN B, I LISTEN/WATCH.
Wouldn't the tokenization of assets like Real Estate make them immediately fungible? And won't smart contracts hasten that shift?
In that scenario, you'll want to own equity in the companies facilitating those transactions/making the market for those tokens.
You still need centralization of the enforcement of the property rights. A smart contract can't do that.
I don’t see how real estate can be fungible, because if it were turned into a token, so what, it’s still equal to an actual real and unique property. I suppose real estate could be made somewhat fungible if you were to kind of bundle them all together. Which is exactly what they did with “mortgage backed securities.” Basically bundled debt that people buy and trade as an asset. Even though it’s debt, it should have a certain yield in interest. Idk, not really sure what you’re getting at.
@@paulczar Tokenizing real estate would actually make it immediately fungible in the sense that it could be collateralized and traded (sold) without involving various middlemen. Assuming you're familiar with American-style private car ownership, the real estate market could operate similarly. One could essentially sign over the title to another party via digital exchanges where the value of the token assigned to the asset is pre-determined. [Once an asset has been assigned a token, it could literally be traded on a market.] Once assigned a value -like, say, X amount of satoshis, that portion of real estate could be traded like dollars.
Great!
Great interview, Preston ,... and of course, Plan B!
lets figure out that floor model boys
63k check
History in the making, pay attention.
legend , even if he doesn't like it :)
I think PlanB is off on his numbers re: percentage of Americans who work for the government. It’s not 60% it’s more like 6%.
If you include government contracted companies at every level of government (fed/state/local) he is pretty accurate
Considerably more than 6% + technically people living on benefits are government employees.
Also look at social security, Medicaid, federal grants, universities, private contractors. Yeah he’s correct. The US government is usually the largest customer of most private industry
He said we could still see an 80% correction for BTC. I Think we could still see a 10K BTC angin for 2022 . BTD
Stock to flow is very Bearish. 😀. BITCOIN IS LIKE 💡 ON AND OFF. IF YOU GET IT. BITCOIN SHOULD REACH $10 million and a little later $100 million.
Plan b is wrong. You absolutely cannot frequently refinance. The process is long and they make it very hard to do. Also, you need a sizable income to show the bank, even when you refinance the same loan and are getting a lower payment. If you show no income, they will never let you refinance
And if interest rates go up, BTC will hit the 🚽
so will the economy....
Then you just sell a bit to buy things in life.
Borrow against the asset, no taxable event that way
@@drmattbarnes1371 is what M.Saylor said but, how do you paid back the money? I mean, If you need money and think to sell btc, is because don't have rent enough I guess. Let me know your thoughts
@@mantilla125 in this model you borrow enough to live and enough to pay the carry cost (interest payments) then as you run out of cash you go and borrow more years later to continue the process. As long as the asset continuously grows over the long term you can live off it. An example: you have 2 million worth of bitcoin and you borrow 500K. Over the next 4 years you live on 100K per year and use the other 100K to make payments. 4 years from now all of us expect bitcoin to be 5x to 10x higher. But even if it is only 2x in 4 years you have $4 million of bitcoin with 500k debt. You could borrow another 500k to get to 25% debt and live off that for the next 4 years. As long as the long term asset growth is there you can continue that process forever... and never pay taxes on the growth of the asset.
@@drmattbarnes1371 nice, thanks
If every single person HODL then Bitcoin price goes to $1000,000 in no time.
I got on my knees, “ I beg you, I beg you, I beg you,” “ Bitcoin is real, Bitcoin is real, Bitcoin is real,” Channeling Charleston Heston performances from Planet of the Apes, and Soylent Green, ending scenes. As Morrissey sang, “ I can laugh about it now, but at the time it was horrible”.
first!
look at that ratio..
Damn it second
Plan B is Bane!
Stock to flow model does not work. It did not work for gold (Which is where he modified it from for crypto) and its not going to work for crypto.His accurate predictions based on such have been pure coincidence. See Colin talks crypto. He has abandoned the stock to flow model as one of his numerous bag of crypto data analysis tools and explains why
awesome interview, you should do another show and have him brake down the leghtening cycle, and sad to hear the olligarchs are buying up land allover the world, seems like they are gearing up for fuedalism 2.0, are we going to let them do that? they are insane soul less beings, those blackrock folks, as long as we dont let them think they can also invent royalty and feudalism in the metaverse we can take liberty back here on gaia 1.0
Algorithm!
Actually the Earth is observably, navigatably and measurably flat. If a lie is repeated enough the whole world will believe it. The sextant ONLY works on a flat plane. Al Biruni did Trig assuming he was on a flat plane in order to get the mountain's height he used to say he measured Earth curve but NOT ONE PERSON has seen or can see Earth curve because it does not exist. 2nd law of thermodynamics debunks a vacuum(of which is 10 to the minus 14 torr and would be the strongest vacuum known to man) next to our gas pressure here on Earth. The gas we breath would fill the space. In fact gravity is superceded and mass DOES NOT attract mass for gas is mass but gas follows natural law and expands in all directions to fill the VOLUME of space there is to fill. So what is the V in the formula of determining gas pressure? Its VOLUME of the CONTAINER. The necessary antecedent of gas pressure is a container. No exceptions. These are natural laws. So gas is NOT held to earth with gravity. Gravity is not real as per science today that now follow the pseudo ramonian 4 space bending of space and time. Why am I so educated about this crap??
Shout out to the cutting edge crew proving all this stuff through scientific methods: NathanOakley1980, Flat Earth Debate. Try and debate them if you think you know your stuff..
Wodrrfull
It’s already been said , but excellent video ! The effort you put into the production was well worth it , it was entertaining from start to finish can’t wait for the next one. Great job 👏👏.
Regards to Mr. Seth Leonard for aiding my crypto portfolio increase.
Te legram
💬SethLeonard
Contact him 👆👆for a profitable trading system and for information Related to Cryptocurrencies
@@lucasliam6012 Have thought of going into bitcoin Trade lately, Thanks for the information and I hope he will also guide me with his signals ??????????
Know lot of people some personally who lost to google for no good reason. They have become evil.
Mikołaj Kopernik was a priest
His voice sounds a bit artificial, like it is being composed on the go by some kind of superior voice engine. But most likely it's just a noise floor effect
Like your nose
Awesome show!