Paula, that was an excellent interview-one that I believe is greatly needed in the financial education community. Many people still have their heads stuck in the sand, believing that the S&P 500 index or a total stock market index is the only investment individuals need to consider. Many of them will likely be shocked in the next 10 to 20 years that they missed Bitcoin. I just wanted to commend you for starting these types of conversations, especially in the FIRE and financial education spaces. Great job!
just stumbled upon your video. What an incredible conversation and I love how you interviewed the guest. You are very knowledgeable and it shows. keep it up!
Thank you Paula for having this conversation. I love a certain CFA that is your regular co-host, but I believe those raised in traditional finance trueisms have a blindspot to Bitcoin in particular. Being FIRE myself, I get it, but I also think we're in an age of fundamental change that hasn't happened in 100 years.
I don't get the push back on the inflation. We don't need statistics as evidence. People can just look at their bank accounts. There are also people that can tell you off the top of their head costs of things because they have always had to penny pinch.
Privacy is not about whether an individual has anything to hide. It’s about how much power you want to give the government to lord over you. You’re naïve if you think that governments are going to be decent and fair
Why does Bitcoin have value? Do you think we will have a digital future? Do you think the Internet will have a more central role to play in your life? Bitcoin is gold but digital, you can hold and spend it without needing a third party. This useful feature is what makes it valuable.
The reason Bitcoin has value is that it’s a decentralized network with its own bearer asset, meaning that it’s a scarce and transmittable money that is backed by energy and user-run nodes. It’s the world’s most decentralized and immutable database, and allows people to bring their money with them globally and send it around the world at the speed of light in a non-custodial way
My goodness, Paula. You got very persnickety about inflation. I understand desiring hard numbers but the way you shot down her viewpoint was unpleasant and makes it appear that you are claiming that inflation has not increased the actual prices of goods in the last 5 years at a rapid rate. I think a good thing to remember is that we measure the rate of inflation and that has been positive the entire time and the "decline" in inflation that the Fed is so proud of is actually simply reducing the rate at which prices increase. So her point that people "feel" prices are 20% higher is extremely valid since we had greater than 5% inflation for multiple years, you only need 4 years of inflation at that rate to exceed a 20% increase in prices overall. Then even if you bring the inflation rate down to 0%, prices would still be 20% more expensive than 4 years prior.
Thank you for watching, even though it was hard! Listening to alternative viewpoints, even if we don’t agree with them, is an important part of lifelong learning and financial literacy. This guest said many, many things that I disagree with. (And I normally don’t push back on my guests, but I had to spar with her over her claim about the inflation rate. It’s one thing for her to voice her opinions. But it’s another when she crosses into misinformation, which is what she did with her unsubstantiated claim about the inflation rate.)
@@affordanything That’s one of the things I appreciate about your style of interviewing. Many times I’ve questioned a guest you’ve had on, only to have you voice the same question to them after a dubious claim. I think you push back appropriately while also being professional.
@@affordanything what is the formula and basket of goods for calculating CPI? How has it changed since the last few years. Fyi, I couldn't find the formula when I was looking for it.
Interesting. Bitcoin primarily allows young men to aspire to great riches without working. It is as old as the hills. Maximum result with minimum effort. Young men often live with risk that knows no bounds. The kind that takes you to war and back.
😂😂😂 she said if you have nothing to hide who cares if the government can see where you bought your coffee. Lol. 😂😂😂 They weren’t even protesting, but tell that to the Canadian working class people that had assets frozen by the government because they interacted with the people that protested. SMH that is tyranny and power corrupts. SMH.
I was shocked when the guest said that. I immediately asked, “ what if you’re gay or lesbian, and you live in a country where that’s punishable by law?” - which is just one of many examples of the government tyranny in overreach that can come from a lack of privacy. Her comment surprised me, because I would have assumed that a cryptocurrency enthusiast would be highly concerned with privacy. She was a crypto enthusiast with absolutely no regard for privacy, which just doesn’t make any sense.
Greed is not good, but if you want to profit from the greater fool theory, just don't be the last out because it will cost you. If an asset has no underlying value except price fluctuations, you may be able to buy pizza today with it, but maybe not tomorrow.
Bitcoin Cash better than Bitcoin ? 2025 Bitcoin Cash Upgrade VM Limits lays the groundwork for quantum-proof security, addressing the potential future threat quantum technology poses to the cryptography currently protecting Bitcoin’s code and blockchain systems. They share the same scarcity with 21M Max supply The same White Paper & Genesis Block The same supply halvings and the same mining pools
Can't wait for the episode on tulip bulbs (which is how I measure my net worth). I only invest in assets that depend on the "greater fool theory" for profits. Intrinsic value, schmintrinsic value... discounted cashflows smashflows.
Paula, that was an excellent interview-one that I believe is greatly needed in the financial education community. Many people still have their heads stuck in the sand, believing that the S&P 500 index or a total stock market index is the only investment individuals need to consider. Many of them will likely be shocked in the next 10 to 20 years that they missed Bitcoin. I just wanted to commend you for starting these types of conversations, especially in the FIRE and financial education spaces. Great job!
🙏🏽🙏🏽 Thank you so much!!
just stumbled upon your video. What an incredible conversation and I love how you interviewed the guest. You are very knowledgeable and it shows. keep it up!
Thank you!!
Wow excellent discussion
Thank you Paula for having this conversation. I love a certain CFA that is your regular co-host, but I believe those raised in traditional finance trueisms have a blindspot to Bitcoin in particular. Being FIRE myself, I get it, but I also think we're in an age of fundamental change that hasn't happened in 100 years.
I don't get the push back on the inflation. We don't need statistics as evidence. People can just look at their bank accounts. There are also people that can tell you off the top of their head costs of things because they have always had to penny pinch.
Privacy is not about whether an individual has anything to hide. It’s about how much power you want to give the government to lord over you. You’re naïve if you think that governments are going to be decent and fair
The no coiner view in 2024 is wild.
Why does Bitcoin have value?
Do you think we will have a digital future? Do you think the Internet will have a more central role to play in your life?
Bitcoin is gold but digital, you can hold and spend it without needing a third party. This useful feature is what makes it valuable.
The reason Bitcoin has value is that it’s a decentralized network with its own bearer asset, meaning that it’s a scarce and transmittable money that is backed by energy and user-run nodes. It’s the world’s most decentralized and immutable database, and allows people to bring their money with them globally and send it around the world at the speed of light in a non-custodial way
I believe Qvarden Token will go 100x after launch on Binance
Qvarden Token is awaiting major CEX listings. It's possible to hit 100x this year.
Qvarden Token and amazon signed a partnership. It will blow up once it hits mainstream.
Unless people sell their Qvarden Token before launch, this is going to sell out instantly after it reaches mainstream media
Highly likely that this new Qvarden Token will probably have a supply shock after launch
My goodness, Paula. You got very persnickety about inflation. I understand desiring hard numbers but the way you shot down her viewpoint was unpleasant and makes it appear that you are claiming that inflation has not increased the actual prices of goods in the last 5 years at a rapid rate. I think a good thing to remember is that we measure the rate of inflation and that has been positive the entire time and the "decline" in inflation that the Fed is so proud of is actually simply reducing the rate at which prices increase. So her point that people "feel" prices are 20% higher is extremely valid since we had greater than 5% inflation for multiple years, you only need 4 years of inflation at that rate to exceed a 20% increase in prices overall. Then even if you bring the inflation rate down to 0%, prices would still be 20% more expensive than 4 years prior.
Paula was right.
@AlexanderCasimiro right about what?
@@thehoopscoop yes.
I can see Paula being a no-coiner like me
Love your show, but I think some people don't deserve an audience. I watched, but it was hard to watch.
But if they don't have a platform, how on earth will they run their pump and dump / rug pulls?
Thank you for watching, even though it was hard!
Listening to alternative viewpoints, even if we don’t agree with them, is an important part of lifelong learning and financial literacy. This guest said many, many things that I disagree with. (And I normally don’t push back on my guests, but I had to spar with her over her claim about the inflation rate. It’s one thing for her to voice her opinions. But it’s another when she crosses into misinformation, which is what she did with her unsubstantiated claim about the inflation rate.)
@@affordanything That’s one of the things I appreciate about your style of interviewing. Many times I’ve questioned a guest you’ve had on, only to have you voice the same question to them after a dubious claim.
I think you push back appropriately while also being professional.
@@affordanything what is the formula and basket of goods for calculating CPI? How has it changed since the last few years. Fyi, I couldn't find the formula when I was looking for it.
Interesting. Bitcoin primarily allows young men to aspire to great riches without working.
It is as old as the hills. Maximum result with minimum effort.
Young men often live with risk that knows no bounds. The kind that takes you to war and back.
😂😂😂 she said if you have nothing to hide who cares if the government can see where you bought your coffee. Lol. 😂😂😂
They weren’t even protesting, but tell that to the Canadian working class people that had assets frozen by the government because they interacted with the people that protested. SMH that is tyranny and power corrupts. SMH.
I was shocked when the guest said that.
I immediately asked, “ what if you’re gay or lesbian, and you live in a country where that’s punishable by law?” - which is just one of many examples of the government tyranny in overreach that can come from a lack of privacy.
Her comment surprised me, because I would have assumed that a cryptocurrency enthusiast would be highly concerned with privacy.
She was a crypto enthusiast with absolutely no regard for privacy, which just doesn’t make any sense.
Let's hope for a $80.000 correction
Greed is not good, but if you want to profit from the greater fool theory, just don't be the last out because it will cost you. If an asset has no underlying value except price fluctuations, you may be able to buy pizza today with it, but maybe not tomorrow.
Bitcoin Cash better than Bitcoin ?
2025 Bitcoin Cash Upgrade
VM Limits lays the groundwork for quantum-proof security, addressing the potential future threat quantum technology poses to the cryptography currently protecting Bitcoin’s code and blockchain systems.
They share the same scarcity with 21M Max supply
The same White Paper & Genesis Block
The same supply halvings and the same mining pools
Can't wait for the episode on tulip bulbs (which is how I measure my net worth). I only invest in assets that depend on the "greater fool theory" for profits. Intrinsic value, schmintrinsic value... discounted cashflows smashflows.
ICO on Qvarden is already at $54m, way too many insiders stacking up. I got my measly $400 in
Qvarden Token will make millionaires, after Binance listing it will blow up.
Qvarden Token is easily going to hit $1 this month