6:33 how are they going to find the .2 bitcoin ‘interest’ within a finite ‘hodl’ based system. The problem Bitcoin has is its zero elasticity - will ‘spending’ be enough, be encouraged?
For the past 30 years, all the financial advisors I met have conflict interests with clients, all they care is their commission, the funds stay under their managements, 100% not the best interest to the clients. Their logic is very simple, if you can manage your own money why come to us? In that case, I need to get max out of your money.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Victoria Wiezorek.
Wow. I'm surprised 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
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA agent in the United States.
It used to be over 600 btc to buy a house, then 100 btc, now 4 btc. Soon enough you will be able to buy 10 home with 1 btc, then 100 homes etc. Everything gets cheaper in time when priced in btc.
How does credit work in a fixed supply currency? Example you borrow 1 btc to buy a house and try to pay it off over the next 30 years? How are you meant to keep up with the rising purchasing cost of your mortgage repayment
Housing loan will be a thing a past... you just work and save for a house... n each year the house gets cheaper in btc terms, so you get ckoser to your goal way faster
SO are you predicting that Banks will not index their loans against Bonds? That would be revolutionary and liberating, creating open market competition For LOANS. True Capitalistic economy!
It would also improve "balance sheet" (if you could call it that in the future) stability massively since collateral value volatility isnt tied to random, corruption driven money supply expansions by politicians anymore. This will also make todays risk models easier.
Fred - as a fan, I wish you’d actually explain these predictions. For example, why do you think government would give up their money franchise? Because I don’t see that happening. And in a bitcoin system- what is BTc going up against IF it’s is the unit of account? Are u the saying the economy will be permanently deflationary? In which case, loans become very scarce. ESP if BTC is going up 20% a year, a loan interest rate would have to beat that? Why would I want to take out a bitcoin mortgage at a super high rate?
Thanks for the content. How will BTC loans be repaid with BTC interest? Assuming all BTC is mined and in circulation, how will someone borrowing BTC be able to repay the principal and interest in BTC? Doesn't repaying interest in BTC imply creating new BTC? Am I overcomplicating this?
#2. It will be interesting to see how people will be able to repay a loan denominated in bitcoin(BTC) that is deflationary. The reason why most banks loan fiat is because they are able to print it themselves on their computers (book keeping) from nothing "Fractional Reserve". Well you can't do that on Bitcoin. Landers will have to be more careful and landing money will have to be more rational or else the lander lose they money or get a million SATs on their bitcoin.
My 2c: instead of asking us to subscribe/ like within the first minute of your video, provide us with 2/3 minutes of value first, then ask - it'll feel like a more balanced exchange. ATM your asking for something without providing value. Also ask and move on as quickly as possible, we all know how YT and algorithm works. Thanks.
If you borrow 1 btc and have to pay back 1.2 btc, where does the 0.2 btc come from? These 0.2 do not exist in the basic amount of btc, because it would then be 21 million + 0.2
How does one pay back the loan plus interest with a limited finite asset that keeps going up in value? ... feels like a one way ticket to bankruptcy trying to borrow bitcoin. I
We need a US bank that uses a 3rd party custodian, who charges a small fee to make their money so the custodian doesn’t gamble your BTC away, and the bank lends at LIBOR to us the BTC hodlers. Nobody wants to sell their BTC we want to b able to use our BTC as collateral
Tend to agree here regarding crypto mortgages etc . although I still think each country will want to retain its own sovereign currency. Even then that’s debatable especially if the great holy one Klaus and Co end up with a one world government. One also has to wonder if there are enough ‘sats’ . I very much doubt it , so that then leaves to only other option to make ‘sats’ divisible…. 🤔
BTC is a great savings vehicle. I do not see it as a good fit for daily transactions. Its far too scarce to pay for things like a coffee or a pizza. That is where Kaspa comes into the equation.
Stop asking for subscribers Fred. It's annoying. People are grown enough to know what to do. The content is great, so they will subscribe anyway, and even more if You don't push it. Send You love
I like 3 and 4, but not the bitcoin centric points. national currencies will still exist and get preferential treatments in countries, so there's no reason to reframe the world to a bitcoin standard of measure. many stores of value, currencies and crypto networks will continue to coexist perpetually. growing wealth needs volatility, and maintaining wealth needs stability, so growing and maintaining wealth are best done with different types of assets.
Fred, can you PLEASE get to the point. You will get a lot more subscribers by not taking 5 minutes asking people to subscribe. TY! 30 year predictions are safe and also useless because we will all be dead or certainly not remember what was predicted. Grow a pair and make 1 the 5 year predictions as THOSE are the only useful and pertinent time frames to consider. TY!
Telling people to subscribe is akin to saying “WWW dot” before saying an internet address. It’s silly and completely unnecessary in 2024. Everyone knows how addresses work. Everyone knows how YT works. Don’t insult your audience.
Investors could be a BTC whole coiner for $97,000, or they could be a BCH whole coiner for $500 They share the same scarcity with 21M Max supply The same White Paper & Genesis Block The same supply halvings and the same mining pools It's a shame Bitcoin influencers refuse to see value in big block Bitcoin even when Bitcoin Cash is up 5X in two years
Alemio, Pepe, Doge, and SUI-bought the dip and feeling good! AI and meme coins are the way to go in this bull run. Now, just waiting for the $$$ to pour in!
Sure, I’ve got my BTC, ETH, and SOL stack, but I know they’re not gonna 10x anytime soon. Projects like Alemio, with strong tech and a presale entry, are where the big gains happen. Betting big on it this cycle!
Sure, I’ve got my BTC, ETH, and SOL stack, but I know they’re not gonna 10x anytime soon. Projects like Alemio, with strong tech and a presale entry, are where the big gains happen. Betting big on it this cycle!
Sure, I’ve got my BTC, ETH, and SOL stack, but I know they’re not gonna 10x anytime soon. Projects like Alemio, with strong tech and a presale entry, are where the big gains happen. Betting big on it this cycle!
I don't see interest accruing in sats. Interest payable in a deprecating currency will crush the borrower over time
It could be a negative interest rate. Borrow 100,000 sats today. Payoff 95,000 sats in 2 years.
Thank you for all of your insights. It’s been very helpful. You do a great job and we are all benefiting from your observations.
6:33 how are they going to find the .2 bitcoin ‘interest’ within a finite ‘hodl’ based system. The problem Bitcoin has is its zero elasticity - will ‘spending’ be enough, be encouraged?
For the past 30 years, all the financial advisors I met have conflict interests with clients, all they care is their commission, the funds stay under their managements, 100% not the best interest to the clients. Their logic is very simple, if you can manage your own money why come to us? In that case, I need to get max out of your money.
I see a lot of the OLD systems just dying because people will move to Bitcoin,
People are losing interest in banks
I hate banks, esp. going to a bank. Is that true for everyone else?
I enjoy your content Fred but I have a question . What in hell is that chair behind you made of ?
Pyrite aka fools gold?
bottle caps
Thankful for your work and insights, Fred.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Victoria Wiezorek.
Wow. I'm surprised 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
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA agent in the United States.
You trade with Victoria Wiezorek too? Wow that woman has been a blessing to me and my family.
please I'm new at this, how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Thanks Fred
Hope there will be less wars on the new BTC std.
So in between now and the change in unit of account from the dollar to Bitcoin, what’s the fight going to look like?
Btc could blast more than the alt coins. Supply shock.
I appreciate these videos on YT vs going to X (too much stress there). Easier to navigate the archive of videos here.
There are going to be more than 21 million people that need a mortgage… if every house is more than 1 bitcoin, that’s not going to work…
It used to be over 600 btc to buy a house, then 100 btc, now 4 btc. Soon enough you will be able to buy 10 home with 1 btc, then 100 homes etc. Everything gets cheaper in time when priced in btc.
@@bdalpine 😯tell me more
Interesting idea. I wonder how loans will be collateralized to prevent default and loss of bitcoin. Will bitcoiners crowdfund large loans?
More excellent Alaska content!
Hello,totally agreed with you and thanks for this videos and giving your point of view sir. Greeting from Spain
nice hair today my friend looking like the real John Travolto
Talk about bitcoin insurance with Anchor Watch/ Lloyd's
"Humor and old guy"... lol. I've been subed, so comment needed. 4 the algo
Question: How does the interest get paid since the maximum quantity of BTC is fixed?
How does credit work in a fixed supply currency? Example you borrow 1 btc to buy a house and try to pay it off over the next 30 years? How are you meant to keep up with the rising purchasing cost of your mortgage repayment
Good point. Can only work with a zero interest rates economy.
Housing loan will be a thing a past... you just work and save for a house... n each year the house gets cheaper in btc terms, so you get ckoser to your goal way faster
@ young families will always want to borrow to buy a home
If the unit of account changes to sats…
😅😅😅 🤯
Bravo 👏
At 63, I wont unfortunately see the boring phase, just the roller-coaster one 😂😂😂
Love your dog Fred.
she is great
Nice work Fred
SO are you predicting that Banks will not index their loans against Bonds? That would be revolutionary and liberating, creating open market competition For LOANS. True Capitalistic economy!
It would also improve "balance sheet" (if you could call it that in the future) stability massively since collateral value volatility isnt tied to random, corruption driven money supply expansions by politicians anymore. This will also make todays risk models easier.
Waiting for the day when we have the option to be paid in Sats.
Fred - as a fan, I wish you’d actually explain these predictions. For example, why do you think government would give up their money franchise? Because I don’t see that happening. And in a bitcoin system- what is BTc going up against IF it’s is the unit of account? Are u the saying the economy will be permanently deflationary? In which case, loans become very scarce. ESP if BTC is going up 20% a year, a loan interest rate would have to beat that? Why would I want to take out a bitcoin mortgage at a super high rate?
Thank you Fred-san🙏🐶
Thanks for the content. How will BTC loans be repaid with BTC interest? Assuming all BTC is mined and in circulation, how will someone borrowing BTC be able to repay the principal and interest in BTC? Doesn't repaying interest in BTC imply creating new BTC? Am I overcomplicating this?
@DotKruegersYTchannel I'm really sorry Fred I cannot decipher your response. Can you kindly answer in plain English?
@DotKruegersYTchannel again, cannot understand what you're trying to say Fred.
@DotKruegersYTchannel what's your WhatsApp handle
Why not another crypto, why does it need to be EUA based crypto?
Good and interesting topic on BTC, lending will be the next game changer in the space...IF it comes to fruition at the retail level.
#2. It will be interesting to see how people will be able to repay a loan denominated in bitcoin(BTC) that is deflationary. The reason why most banks loan fiat is because they are able to print it themselves on their computers (book keeping) from nothing "Fractional Reserve". Well you can't do that on Bitcoin. Landers will have to be more careful and landing money will have to be more rational or else the lander lose they money or get a million SATs on their bitcoin.
My 2c: instead of asking us to subscribe/ like within the first minute of your video, provide us with 2/3 minutes of value first, then ask - it'll feel like a more balanced exchange. ATM your asking for something without providing value. Also ask and move on as quickly as possible, we all know how YT and algorithm works. Thanks.
Bro everything he says is full of value. Are you new here?
If you borrow 1 btc and have to pay back 1.2 btc, where does the 0.2 btc come from? These 0.2 do not exist in the basic amount of btc, because it would then be 21 million + 0.2
We will probably need microSats (1/1000 sat) within my lifetime.
How does one pay back the loan plus interest with a limited finite asset that keeps going up in value? ... feels like a one way ticket to bankruptcy trying to borrow bitcoin.
I
People will not be able to pay positive interest bitcoin loans. It's impossible.
is that actually a pic of Alan Greenspan in the background? , very disappointed LOL, took you for more a Milton Friedman guy........
Just watched your video discussing XAI78R and I am very excited about this
SCAM
We need a US bank that uses a 3rd party custodian, who charges a small fee to make their money so the custodian doesn’t gamble your BTC away, and the bank lends at LIBOR to us the BTC hodlers. Nobody wants to sell their BTC we want to b able to use our BTC as collateral
Subscribed 👍🏻
Love the hair ❤
He’s really got that bouncing and behaving thing going on! Signs of a disorganized genius.
Its possible that btc will be used as currency along with the dollar. But i think a full conversion will not happen for probably 2 to 3 decades.
Thanks for sharing XAI78R and XRP. 💯
Tend to agree here regarding crypto mortgages etc . although I still think each country will want to retain its own sovereign currency. Even then that’s debatable especially if the great holy one Klaus and Co end up with a one world government.
One also has to wonder if there are enough ‘sats’ . I very much doubt it , so that then leaves to only other option to make ‘sats’ divisible…. 🤔
Very forward looking stuff. Thanks!
BTC is a great savings vehicle. I do not see it as a good fit for daily transactions. Its far too scarce to pay for things like a coffee or a pizza. That is where Kaspa comes into the equation.
👍
🏆
Greed is the lure to becoming poor. Be careful.
@DotKruegersYTchannel Greed is just one form of poverty. Of course there are many others.
Stop asking for subscribers Fred. It's annoying. People are grown enough to know what to do. The content is great, so they will subscribe anyway, and even more if You don't push it. Send You love
@DotKruegersYTchannel do You really want me to text you? What would you be interested to talk about?
Cardano ✌️
I like 3 and 4, but not the bitcoin centric points.
national currencies will still exist and get preferential treatments in countries,
so there's no reason to reframe the world to a bitcoin standard of measure.
many stores of value, currencies and crypto networks will continue to coexist perpetually.
growing wealth needs volatility, and maintaining wealth needs stability,
so growing and maintaining wealth are best done with different types of assets.
#4theAlgo
Fred, can you PLEASE get to the point. You will get a lot more subscribers by not taking 5 minutes asking people to subscribe. TY! 30 year predictions are safe and also useless because we will all be dead or certainly not remember what was predicted. Grow a pair and make 1 the 5 year predictions as THOSE are the only useful and pertinent time frames to consider. TY!
Everything about a banking experience SUCKS
Good riddance
Bitcoin won't surpass $100k this year.
How dumb do you feel now ?
@@juliend9495 Significantly dumb.
100x
Telling people to subscribe is akin to saying “WWW dot” before saying an internet address. It’s silly and completely unnecessary in 2024. Everyone knows how addresses work. Everyone knows how YT works. Don’t insult your audience.
that dog behind you, inside the house, on a sofa, all that hair dander and smell....ughhhh
@DotKruegersYTchannel gibberish...
IT’S GOING TO ZEEEEROOOOO
Peter schiff is here 😂
It's been boring for years 😂
Thank god, you are done with shilling TRUMP! Can we stick to TA of BTC now?!!
=X
bullish
Investors could be a BTC whole coiner for $97,000, or they could be a BCH whole coiner for $500
They share the same scarcity with 21M Max supply
The same White Paper & Genesis Block
The same supply halvings and the same mining pools
It's a shame Bitcoin influencers refuse to see value in big block Bitcoin even when Bitcoin Cash is up 5X in two years
They are completely different. BCH is trash as BTC is treasure.
XAI78R is still extremely undervalued
Buying Alemio during the presale might just be my best move yet! 🔥 I’ve got a feeling this one’s hitting $5 soon after launch.
Alemio, Pepe, Doge, and SUI-bought the dip and feeling good! AI and meme coins are the way to go in this bull run. Now, just waiting for the $$$ to pour in!
You are spot on 🥹
My top pick for bull run KAS, SOL, Alemio (ALM).
Invested $10k in Alemio, and I can see it turning into generational wealth. This bull market + AI narrative = massive potential. Let’s go!
Sure, I’ve got my BTC, ETH, and SOL stack, but I know they’re not gonna 10x anytime soon. Projects like Alemio, with strong tech and a presale entry, are where the big gains happen. Betting big on it this cycle!
I’ve just dropped $10,000 into Alemio, and I’m feeling like it’s a ticket to generational wealth! This AI-powered DeFi play is gonna be huge.
In this bull run, I'm all in on meme and DeFi projects! My top picks are ALM(Alemio), Injective, Doge, and Pepe.
RESPECT 🫡
👍
Sure, I’ve got my BTC, ETH, and SOL stack, but I know they’re not gonna 10x anytime soon. Projects like Alemio, with strong tech and a presale entry, are where the big gains happen. Betting big on it this cycle!
Sure, I’ve got my BTC, ETH, and SOL stack, but I know they’re not gonna 10x anytime soon. Projects like Alemio, with strong tech and a presale entry, are where the big gains happen. Betting big on it this cycle!