Hey guys. If anyone is trying to reach out to you for investment or Bitcoin deals and is directing you to converse on any other platform that's not through our website, please disregard as those are SCAMS. If you stumble upon any suspicious activity using our hosts' names, please email us on contact@theinvestorspodcast.com.
If you're issuing fiat ON Bitcoin, it's a great measure of inflation. If you're not issuing fiat on Bitcoin, it's just a pump and dump. Bitcoin was expressly designed 'every type of transaction' Satoshi could think of. (The solution was Script). You know what kinds of transactions that includes? Token transactions. Fiat currency transactions. Bitcoin is (still) BSV, not BTC.
Great content problem is UA-cam is saturated with it everywhere with millions more joining weekly....for the algo money and free marketing to than sell something..Google is a great stock
Recently I've been interested in investing in cryptocurrency, but It's strange how people talk about all the profits they've been making through trading of bitcoin, while am here not making any profit at all. Please can Someone put me on the right path or at least tell me what I'm doing wrong?
l tell anyone this, all it takes is an enlightened mind on the cryptocurrency market, very much impressed to see my broker well presented, thanks to her my losses in trading crypto has been below minimum and the best part is the fact that I been able to withdraw my profits without any stress since I started trading
Very thought provoking, great job. I just wonder if the central banks, politicians & financial power brokers (big banks, brokers, etc) will have the vision to embrace digital change or if the system will have to collapse first? While I wish they would go the voluntary route, historically systemic change is involuntary and therefore more painful than it has to be.
I'm watching this on March 02, 2021 and this borrowing concept has came to fruition, and it's not a capital gains event, and away we go ! Self Banking has arrived.
Any thought that the Central Banks and Commercial Banks own Gold and won't give up their power to transfer to a decentralized system, as if it would be a peaceful transfer. As far as believing Companies can just put away BTC and create Earnings without creating value/products, will cause nothing but problems. You can't create Money without creating value/products.
you can't create more gold. they need another asset to pour the overflow into. i dont see 50 trillion dollar gold. its got to be spread out. what's gold creating right now outside of a handful of small physical uses that have nothing to do with its market cap? what do dollar bills create as in physical dollar bills what do they create?
dollars aren't producing products. they are valued units the one gives to another in some form lending/giving/labor/etc that is reciprocated with creation of physical value/physical products. a dollar itself isn't making the product so why do you expect bitcoin to create some product. it can literally be held like any other asset on a businesses books. if a company believes that their fiat money is being inflated at 10% per year and they make a 25% profit then by next year their profit will be cut down to 15% spending power. the level of depreciation is too high that some companies will believe and hope that with bitcoins track record, albeit short, will most likely buy their business more goods to produce said products the next year if they quickly convert to fiat and spend that fiat quickly.
Digital money will have it's season, I'm riding that season also, but all seasons pass. In the Fourth turning phase half globe will be in turmoil, other half in upheaval. The 99% halve nots will trade there stuff only for physical wealth. Handing a farmer a paper wallet or trazor that can only be used in 2d world country via spotty internet will not work. Play BTC for gains, but save well in gold and silver. Those who want to rebuke me saying this time is diff, best wishes, history is in my side, history has buried those who have said this time is diff.
@@davebankes612 you're talking about a world that was completely analog and a world that is increasingly more and more and more digital everyday. not saying that gold doesn't have its same place its had for thousands of years but digital money wont be a season. gold is a bet on chaos crypto is a bet on the future. they both have their place but this time it is different. the world has never seen exponential growth at this rate ever in history. its one thing to see exponential growth w inventions that cut work in half or make production far easier but still need to work out the inefficiencies with humans, its another to all but eliminate humans entirely. explain gold to a teenager right now and explain crypto, they have only grown up digital. what they put value on will push the narrative. theres a pre internet world and a post internet world this has never happened before in history so yes this time is different any way you slice it. its a different world entirely that exists in parallel with real world and thinking that only one world will have its own gold is close minded. older generations are set in their ways and remember a world where it was analog and that's their achilles heel in a way. they fail to see where the world can and is going because they think a person who can't get internet access is going to stop the digital takeover. what will happen is that person will be left behind just like the rest of the country who is currently being left behind in this changeover. it sucks for sure but the only way through it is to pivot. when and if the chaos hit information, guns, ammo, water, and food are what's valuable.
I agree all value comes from production. It isn’t that the company is making money by holding BTC, it is that it doesn’t lose value to inflation which is extremely high in specific areas.
Gold and silver lose all but their utility value due in 5 years to Bitcoins superior monetary purity. We already see gold outflows to Bitcoin today, expect it to be worth 6X less in 5 years (in real terms due to massive to come inflation).
Hi@@philfortner1805 There is very little allocation going from gold to BTC at the moment, research show. I am bullish on BTC but your information is inaccurate.
@@TheCJUN - Interesting you should say that. I just sold all of my gold miner stocks and bought GBTC. I seem to be making money faster. I suspect that Gold will continue to rise, but Bitcoin will rise faster.
I got FB in 05 and iPhone wasn't out. What you're missing with eth is that trust can be built into the system. So you don't need a lawyer or banker to interact, or a company like uber. You can use a couple scripts of code.
I didn’t quite understand the example with the house, was the argument that inflation will make imposible for people earning wages to buy a house due to inflation of assets?
pretty much. he was saying it was widening the gap. those working for wages spending power is being inflated away too quickly to keep up with asset inflation. so the ones who win are the ones who have the assets before the larger amount of inflation occurs. basically explaining that though out history the "winners who think they are so smart" are really just people who had assets and this shitty system made them rich and they didn't really have much to do with it but have the asset in hand. they were the lucky recipients of the sham way the system is set up and its confused for being smart when it was just "you had these assets they went up, not because you really did anything spectacular" long story short the assets will outperform those making wages because the wages will never keep up with the same level of inflation. so you may make 5% more per year but the house you wanted may go up 8% the same year.
Not sure why you guys don’t show a video style environment for your shows cos I feel you would attract more of an attentive connected audience so we can feel included instead of some vocal narrative where we can’t see facial expressions or any type of human closeness especially when you said oh you should see the expressions on our faces.... well too bad I couldn’t. Other than that, I like the content and I’m enjoying the awareness of this era being as I thought it is and not the distraction scenarios being fed to the many non thinkers
So aren't you saying we should just forget about bitcoin, lever up and buy real physical assets, because debts are gong to be inflated away? What good is an alternative to fiat currency, that you can never borrow, because you have no idea what you will have to repay?
If Bitcoin is taxed as capital gains, how is every single purchase not a taxable event? Among other problems, that is the biggest one. It's tax status. Bitcoin maximalists need to just accept it. Bitcoin has now become an asset and store of value. There is no unringing that bell. In fact, I'll borrow a thousand dollars on a credit card before I'll spend one single Satoshi. It may be an accidental design flaw. But how do you spend something when you fear it may be worth 5 or 10 percent more tomorrow? I'm not spending my Bitcoin on coffee. So give it up. That said, I can spend just about anything on my Uphold Debit Card, and I'll spend XRP all day long.😅
Agreed, seeing your post a month later with the price of BTC...it’s a store of wealth for sure. I’m personally using a loan off my BTC to pay for some home Reno. If I’m borrowing the value of 0.5 BTC at 12% interest a year. It appears from my perspective that the interest is paying for itself off the rise of the BTC + I may end up repaying the loan with less than the 0.5 BTC worth of cash I borrowed. It’s like a Reno at major discounts and no capital gains. It’s pretty cool :)
@@NatachaP Exactly. It may not work as well in a Bear Market, but long term the appreciation of Bitcoin will far outpace the interest of any loan taken on it. You essentially get paid to borrow your own money. Now, if Bitcoin is perpetually depreciating in value over a shorter term, I suppose you could justify spending some, and call it profit taking. However, that only really works if you succeed in buying back more Bitcoin at a lower price. But that's risky, because you're trying to time the market. In most instances it probably makes the most sense to just keep adding your Savings to BTC and then borrowing against it if needed. This feature makes Bitcoin's success a self fulfilling prophecy as more and more people recognize it. It makes everyone hold onto it for dear life, further limiting the supply and further driving the demand. I don't actually think it was intentional. It was probably envisioned for every day purchases. But now it's just a bank that everyone who puts their money in gets sort of cooperative shares of the bank, and the more people that do so, the more the bank, and shares in the bank, are worth. As long as you have a 4 or 5 year time horizon the risk is extraordinarily low, and the rewards extraordinarily high.
There is few water dam on river but benefit to many others. so nothing wrong to have more bitcoin more then other but whoever holding more have to let bitcoin flow to get new value for their holding so that benefit to others. so argument of holding by few is worthless because they dont understand bitcoin is hard money limit at 21 millions
I have psychologically crossed over the paradigm shift, a mind blowing reality shift, hold on, by letting go of everything that you believe to be true. Come with us !
you would have to give actual money or give producers actual money to obtain goods and then provide stimulus with the actual goods - some people call it a donation
@@msubtech84 Clearly Bitcoin acolyte Musk values the coin in dollars as he pulled his offer to allow folks to buy a tangible asset, a Tesla, with Bitcoin as Bitcoin volatility made his stunt untenable. But my point is that Bitcoin so far is merely a speculative vehicle traded for dollars. It is not yet the monetary messiah...so for all of the wonder of its attributes - decentralized, non-central bank control, portability, etc. it remains to be seen if Bitcoin and all the other cryptocurrencies will gain mainstream use and acceptance. So far, the stockyards in Kansas City, Denver, and elsewhere haven't been selling cattle for crypto...
Defi is not robinhood. Defi is a freedom to own everything over tokens and move as and when u wish to. I can lend/borrow defi assets or become a liquidity provider. My stock in robinhood doing nothing for me whereas robinhood is doing security lending, collecting liquidity provider fees etc.. even dividends are not distributed in traditional market where as in Defi, i am getting dividents for the protocol tokens i am holding.
Awesome discussion gents! Thank you. I feel very privileged to listen in on some of the best thinking in this space, as it happens. Jeff, you made my day when you shared that you were going to speak to the Canadian House of Commons Finance Committee about this. It gives me hope that Canada may be an early sovereign adopter. We need to hold BTC...cause we ain't got no gold!
Just a thought. After finishing this episode as well as the previous 2 episodes. Although You've swayed me on slowly accumulating this into my personal portfolio. One thing that is sitting at the back of my mind is the lovely and wonderful, World Economic Forum and their "great reset" Not to be the conspiracy guy or anything but it does feel like, no matter how great and amazing bitcoin is. They're gonna shrug it off and go forth with their own agenda - the oh "you'll own nothing and be happy" agenda... I could be wrong but it's there. As you say, we'd either go full blown 1984 mode, with their totalitarianism. OR... To a, perhaps brilliant future with bitcoin and pure hands-off capitalism without government intervention. Since many people are saying we're now in the "end times" prophecy also, that was written in the Bible hundreds of years ago. As well as what we've seen throughout 2020 in many so called free nations like Australia. I am leaning towards the end of the world scenario. Think what you will, just putting it out there.
If anyone finds Ethereum interesting but is concerned about it scaling I would suggest looking into Cardano. While I don't think anything could replace BTC, protocols with more functionality and interoperability will also succeed in the digital asset market. There will be a little of everything for everyone.
Look into cardano and proof of stake. It is much better decentralized and removes all the shortcomings of bitcoin. If you understand the power of PoS in the later bull cycle they will dominate.
Oh brother. Bitcoin Maximalism at its worst. Bitcoin will be the only one. How can a person understand BTC, but be thoroughly clueless about the entire rest of the sector. Why can't Bitcoins and ALT's coexist? Of course they can. And they will. It's extremely difficult to take anyone seriously that doesn't understand the dynamic innovation that's happening in the Cryptoverse, or that there is in fact utility, and problems being solved.
you clearly haven't taken the time to attempt to understand bitcoin. it is nearly a full time job of reading, listening to podcasts, watching youtube or following discussions on twitter to get a good grasp of Bitcoin. if you don't spend that time, you won't get it.
@@jrd8526 I didn't try to discredit btc. I actually mean to buy some of it. I am a huge fan of Raoul Paul who is a massive supporter of the btc community.
Talked to the folks at QRL about quantum computers/resistance? Would be interesting to see what they have to say about it all! Keeping my eye on the project seems a few years to early potentially though
The individual miners outside of china can opt to move to another mining pool.. The better question is how many miners are outside of china yet joins chinas mining pool.. If it's still more than 50% then ur question can raise more concerning thoughts
check where most of the validating nodes are. china isnt even in the top 10. they can get rid of the mining but they can't control it. they will just shoot themselves in the foot and close them off to the rest of the world and lose their spot. there are plenty of companies who will boost their mining capacities through out the world if china wanted to kill their own market. but miners aren't keeping their bitcoin they are selling it because its a business that needs to pay for costs out of what they mine which is bitcoin. its easier to play offense than defense.
@@beltizad yep no problem.at this point bitcoin is too widespread and people are frothing to be a part of it. just remember end of day btc exists everywhere around the world all at once so anyone who bans it will basically be shooting themselves in the foot in a way because it will be like a global whack a mole but with the internet and the blockchain combined. it would just be very hard to ban and take too much energy that why i think in the end it will just be easier for them to apply regulations which i personally think regulations will make the price even higher because that big money wants trust more than they want the stability currently. stability can come later as far as price fluctuations. the bigger buyers are very long term investors they aren't day traders buying and selling.
Litecoin is just a test net for bitcoin Sure it valuable but anything trying to compete directly with btc will loose ,but like I said ltc is a testnet for btc updates not a competitor never was ment to be
Hey guys. If anyone is trying to reach out to you for investment or Bitcoin deals and is directing you to converse on any other platform that's not through our website, please disregard as those are SCAMS. If you stumble upon any suspicious activity using our hosts' names, please email us on contact@theinvestorspodcast.com.
If you're issuing fiat ON Bitcoin, it's a great measure of inflation. If you're not issuing fiat on Bitcoin, it's just a pump and dump. Bitcoin was expressly designed 'every type of transaction' Satoshi could think of. (The solution was Script). You know what kinds of transactions that includes? Token transactions. Fiat currency transactions. Bitcoin is (still) BSV, not BTC.
Your network's bitcoin coverage is incredibly high quality. Thanks and looking forward to more!
Thank you for listening!
Jeff is the man. Great podcast.
@The Investor's Podcast Network to people really fall for these scams? Its pretty obvious..
How is this content free?? Absolute fire gentlemen. Thank you!
Great content problem is UA-cam is saturated with it everywhere with millions more joining weekly....for the algo money and free marketing to than sell something..Google is a great stock
Preston you are such a humble person!
Great interview! Need to re-listen midway through to understand Jeff's stance on individuals on whether to have mortgage vs. renting a house.
Going to buy Jeff’s book. Fantastic interview.
Recently I've been interested in investing in cryptocurrency, but It's strange how people talk about all the profits they've been making through trading of bitcoin, while am here not making any profit at all. Please can Someone put me on the right path or at least tell me what I'm doing wrong?
l tell anyone this, all it takes is an enlightened mind on the cryptocurrency market, very much impressed to see my broker well presented, thanks to her my losses in trading crypto has been below minimum and the best part is the fact that I been able to withdraw my profits without any stress since I started trading
please how can I get in contact with your broker? I’d love to diversify and try out new investments in the Alt-coin market
thanks
Great episode, love Jeff's book as well
I still don't get it how economy can work with deflation.
Jeff booth is clever
Very thought provoking, great job. I just wonder if the central banks, politicians & financial power brokers (big banks, brokers, etc) will have the vision to embrace digital change or if the system will have to collapse first? While I wish they would go the voluntary route, historically systemic change is involuntary and therefore more painful than it has to be.
I'm watching this on March 02, 2021 and this borrowing concept has came to fruition, and it's not a capital gains event, and away we go ! Self Banking has arrived.
Any thought that the Central Banks and Commercial Banks own Gold and won't give up their power to transfer to a decentralized system, as if it would be a peaceful transfer. As far as believing Companies can just put away BTC and create Earnings without creating value/products, will cause nothing but problems. You can't create Money without creating value/products.
you can't create more gold. they need another asset to pour the overflow into. i dont see 50 trillion dollar gold. its got to be spread out. what's gold creating right now outside of a handful of small physical uses that have nothing to do with its market cap? what do dollar bills create as in physical dollar bills what do they create?
dollars aren't producing products. they are valued units the one gives to another in some form lending/giving/labor/etc that is reciprocated with creation of physical value/physical products. a dollar itself isn't making the product so why do you expect bitcoin to create some product. it can literally be held like any other asset on a businesses books. if a company believes that their fiat money is being inflated at 10% per year and they make a 25% profit then by next year their profit will be cut down to 15% spending power. the level of depreciation is too high that some companies will believe and hope that with bitcoins track record, albeit short, will most likely buy their business more goods to produce said products the next year if they quickly convert to fiat and spend that fiat quickly.
Digital money will have it's season, I'm riding that season also, but all seasons pass. In the Fourth turning phase half globe will be in turmoil, other half in upheaval. The 99% halve nots will trade there stuff only for physical wealth. Handing a farmer a paper wallet or trazor that can only be used in 2d world country via spotty internet will not work. Play BTC for gains, but save well in gold and silver. Those who want to rebuke me saying this time is diff, best wishes, history is in my side, history has buried those who have said this time is diff.
@@davebankes612 you're talking about a world that was completely analog and a world that is increasingly more and more and more digital everyday.
not saying that gold doesn't have its same place its had for thousands of years but digital money wont be a season. gold is a bet on chaos crypto is a bet on the future. they both have their place but this time it is different. the world has never seen exponential growth at this rate ever in history. its one thing to see exponential growth w inventions that cut work in half or make production far easier but still need to work out the inefficiencies with humans, its another to all but eliminate humans entirely. explain gold to a teenager right now and explain crypto, they have only grown up digital. what they put value on will push the narrative.
theres a pre internet world and a post internet world this has never happened before in history so yes this time is different any way you slice it. its a different world entirely that exists in parallel with real world and thinking that only one world will have its own gold is close minded. older generations are set in their ways and remember a world where it was analog and that's their achilles heel in a way. they fail to see where the world can and is going because they think a person who can't get internet access is going to stop the digital takeover. what will happen is that person will be left behind just like the rest of the country who is currently being left behind in this changeover. it sucks for sure but the only way through it is to pivot. when and if the chaos hit information, guns, ammo, water, and food are what's valuable.
I agree all value comes from production. It isn’t that the company is making money by holding BTC, it is that it doesn’t lose value to inflation which is extremely high in specific areas.
Thank you for this interview. Valuable information.
Bitcoin 🐂📈🚀🌙
Love the portraits
me too.
What about gold and silver in this scenario?
Gold and silver lose all but their utility value due in 5 years to Bitcoins superior monetary purity. We already see gold outflows to Bitcoin today, expect it to be worth 6X less in 5 years (in real terms due to massive to come inflation).
Hi@@philfortner1805 There is very little allocation going from gold to BTC at the moment, research show. I am bullish on BTC but your information is inaccurate.
@@TheCJUN - Interesting you should say that. I just sold all of my gold miner stocks and bought GBTC. I seem to be making money faster. I suspect that Gold will continue to rise, but Bitcoin will rise faster.
I got FB in 05 and iPhone wasn't out. What you're missing with eth is that trust can be built into the system. So you don't need a lawyer or banker to interact, or a company like uber. You can use a couple scripts of code.
I didn’t quite understand the example with the house, was the argument that inflation will make imposible for people earning wages to buy a house due to inflation of assets?
pretty much. he was saying it was widening the gap. those working for wages spending power is being inflated away too quickly to keep up with asset inflation. so the ones who win are the ones who have the assets before the larger amount of inflation occurs. basically explaining that though out history the "winners who think they are so smart" are really just people who had assets and this shitty system made them rich and they didn't really have much to do with it but have the asset in hand. they were the lucky recipients of the sham way the system is set up and its confused for being smart when it was just "you had these assets they went up, not because you really did anything spectacular" long story short the assets will outperform those making wages because the wages will never keep up with the same level of inflation. so you may make 5% more per year but the house you wanted may go up 8% the same year.
Not sure why you guys don’t show a video style environment for your shows cos I feel you would attract more of an attentive connected audience so we can feel included instead of some vocal narrative where we can’t see facial expressions or any type of human closeness especially when you said oh you should see the expressions on our faces.... well too bad I couldn’t.
Other than that, I like the content and I’m enjoying the awareness of this era being as I thought it is and not the distraction scenarios being fed to the many non thinkers
My question is if BTC is so limited in supply, how can there be enough to replace our current currency?
Because btc is divisible to 8 decimal point, for now you can own a minimum amount of 0.00000001 BTC
Stack SATs!
So aren't you saying we should just forget about bitcoin, lever up and buy real physical assets, because debts are gong to be inflated away? What good is an alternative to fiat currency, that you can never borrow, because you have no idea what you will have to repay?
Not really. Because not everyone can repay the debt and everyone else other than printers of money will become beggars because of interest payment
The price of tomorrow is a great book! It definitely makes you think!
Great stuff, thank you
If Bitcoin is taxed as capital gains, how is every single purchase not a taxable event? Among other problems, that is the biggest one. It's tax status. Bitcoin maximalists need to just accept it. Bitcoin has now become an asset and store of value. There is no unringing that bell. In fact, I'll borrow a thousand dollars on a credit card before I'll spend one single Satoshi. It may be an accidental design flaw. But how do you spend something when you fear it may be worth 5 or 10 percent more tomorrow? I'm not spending my Bitcoin on coffee. So give it up. That said, I can spend just about anything on my Uphold Debit Card, and I'll spend XRP all day long.😅
Agreed, seeing your post a month later with the price of BTC...it’s a store of wealth for sure. I’m personally using a loan off my BTC to pay for some home Reno. If I’m borrowing the value of 0.5 BTC at 12% interest a year. It appears from my perspective that the interest is paying for itself off the rise of the BTC + I may end up repaying the loan with less than the 0.5 BTC worth of cash I borrowed. It’s like a Reno at major discounts and no capital gains. It’s pretty cool :)
@@NatachaP Exactly. It may not work as well in a Bear Market, but long term the appreciation of Bitcoin will far outpace the interest of any loan taken on it. You essentially get paid to borrow your own money. Now, if Bitcoin is perpetually depreciating in value over a shorter term, I suppose you could justify spending some, and call it profit taking. However, that only really works if you succeed in buying back more Bitcoin at a lower price. But that's risky, because you're trying to time the market. In most instances it probably makes the most sense to just keep adding your Savings to BTC and then borrowing against it if needed. This feature makes Bitcoin's success a self fulfilling prophecy as more and more people recognize it. It makes everyone hold onto it for dear life, further limiting the supply and further driving the demand. I don't actually think it was intentional. It was probably envisioned for every day purchases. But now it's just a bank that everyone who puts their money in gets sort of cooperative shares of the bank, and the more people that do so, the more the bank, and shares in the bank, are worth. As long as you have a 4 or 5 year time horizon the risk is extraordinarily low, and the rewards extraordinarily high.
There is few water dam on river but benefit to many others. so nothing wrong to have more bitcoin more then other but whoever holding more have to let bitcoin flow to get new value for their holding so that benefit to others. so argument of holding by few is worthless because they dont understand bitcoin is hard money limit at 21 millions
I told my broker I wanted to buy BTC. He said if he doesn't sell it, I don't need it. We never spoke of BTC again.
Fire him
I have psychologically crossed over the paradigm shift, a mind blowing reality shift, hold on, by letting go of everything that you believe to be true. Come with us !
Where is the Jack M interview they talked about in the beginning?
Jack Ma, on youtube, true mastermind
Jack Mallers
How can you do fiscal stimulus in a world where you can't print money? Everybody would be really ****** right now
BTC proponents are mad and suffering from a mass delusion about what money is, and what Bitcoin is. Bitcoin is BSV.
you would have to give actual money or give producers actual money to obtain goods and then provide stimulus with the actual goods - some people call it a donation
Why is Bitcoin valued using fiat money definitions of value? Why is Bitcoin valued in US Dollars?
would you prefer cattle?
@@msubtech84 Clearly Bitcoin acolyte Musk values the coin in dollars as he pulled his offer to allow folks to buy a tangible asset, a Tesla, with Bitcoin as Bitcoin volatility made his stunt untenable. But my point is that Bitcoin so far is merely a speculative vehicle traded for dollars. It is not yet the monetary messiah...so for all of the wonder of its attributes - decentralized, non-central bank control, portability, etc. it remains to be seen if Bitcoin and all the other cryptocurrencies will gain mainstream use and acceptance. So far, the stockyards in Kansas City, Denver, and elsewhere haven't been selling cattle for crypto...
@@pistolpete65over pops pistol pete in the lips cause he is all over the place
At what point does it become very difficult to actually get bitcoin with the large investors coming in?
Next year
Never. The price can increase but it will only become easier to buy a portion of a bitcoin.
🧡💛💚💙 Preston and Jeff do the best interviews man 🧡💛💚💙
Absolutely a top notch discussion. Keep them coming 💯
Defi is not robinhood. Defi is a freedom to own everything over tokens and move as and when u wish to. I can lend/borrow defi assets or become a liquidity provider. My stock in robinhood doing nothing for me whereas robinhood is doing security lending, collecting liquidity provider fees etc.. even dividends are not distributed in traditional market where as in Defi, i am getting dividents for the protocol tokens i am holding.
I love the blockchain movement but I’m not fully sold on Bitcoin.
why not sold on bitcoin?
you can't be "pro blockchain" and not pro cryptocurrency. read more. you're missing it.
Awesome discussion gents! Thank you. I feel very privileged to listen in on some of the best thinking in this space, as it happens. Jeff, you made my day when you shared that you were going to speak to the Canadian House of Commons Finance Committee about this. It gives me hope that Canada may be an early sovereign adopter. We need to hold BTC...cause we ain't got no gold!
🍁🍁🍁When you talk to the Canadian government about Bitcoin PLEASE do not forget to tell them not to harass BTC hodlers🍁🍁🍁
Just a thought.
After finishing this episode as well as the previous 2 episodes. Although You've swayed me on slowly accumulating this into my personal portfolio. One thing that is sitting at the back of my mind is the lovely and wonderful, World Economic Forum and their "great reset"
Not to be the conspiracy guy or anything but it does feel like, no matter how great and amazing bitcoin is. They're gonna shrug it off and go forth with their own agenda - the oh "you'll own nothing and be happy" agenda... I could be wrong but it's there. As you say, we'd either go full blown 1984 mode, with their totalitarianism. OR... To a, perhaps brilliant future with bitcoin and pure hands-off capitalism without government intervention.
Since many people are saying we're now in the "end times" prophecy also, that was written in the Bible hundreds of years ago. As well as what we've seen throughout 2020 in many so called free nations like Australia. I am leaning towards the end of the world scenario.
Think what you will, just putting it out there.
Can't stop it, it would destroy our countries wealth base.
If anyone finds Ethereum interesting but is concerned about it scaling I would suggest looking into Cardano. While I don't think anything could replace BTC, protocols with more functionality and interoperability will also succeed in the digital asset market. There will be a little of everything for everyone.
Bitcoin
The reason I started investing in alt-coins is because the lightning network is taking forever......
Look into cardano and proof of stake. It is much better decentralized and removes all the shortcomings of bitcoin. If you understand the power of PoS in the later bull cycle they will dominate.
Oh brother. Bitcoin Maximalism at its worst. Bitcoin will be the only one. How can a person understand BTC, but be thoroughly clueless about the entire rest of the sector. Why can't Bitcoins and ALT's coexist? Of course they can. And they will. It's extremely difficult to take anyone seriously that doesn't understand the dynamic innovation that's happening in the Cryptoverse, or that there is in fact utility, and problems being solved.
How can something so volatile and speculative like btc be considered the best store of value?
you clearly haven't taken the time to attempt to understand bitcoin. it is nearly a full time job of reading, listening to podcasts, watching youtube or following discussions on twitter to get a good grasp of Bitcoin. if you don't spend that time, you won't get it.
@@jrd8526 I didn't try to discredit btc. I actually mean to buy some of it. I am a huge fan of Raoul Paul who is a massive supporter of the btc community.
@@jrd8526 the point is: you can't only consume ideias that converge towards what you already believe
@@LeoOnealProductions Read the bitcoin standard by saifedean ammous
At 150k Bitcoin will flip Gold.
🔥
10:40
Talked to the folks at QRL about quantum computers/resistance? Would be interesting to see what they have to say about it all! Keeping my eye on the project seems a few years to early potentially though
Moral highground is fruity? So acting in a moral manner is a taboo here? God...
Chinese miners control the vast majority of mining pools. What happens if the Chinese govt takes control and decides to crash BTC?
The individual miners outside of china can opt to move to another mining pool.. The better question is how many miners are outside of china yet joins chinas mining pool.. If it's still more than 50% then ur question can raise more concerning thoughts
check where most of the validating nodes are. china isnt even in the top 10. they can get rid of the mining but they can't control it. they will just shoot themselves in the foot and close them off to the rest of the world and lose their spot. there are plenty of companies who will boost their mining capacities through out the world if china wanted to kill their own market. but miners aren't keeping their bitcoin they are selling it because its a business that needs to pay for costs out of what they mine which is bitcoin. its easier to play offense than defense.
@@wolf-yw9wk thanks. This helps a lot. I didn't know.
@@beltizad yep no problem.at this point bitcoin is too widespread and people are frothing to be a part of it. just remember end of day btc exists everywhere around the world all at once so anyone who bans it will basically be shooting themselves in the foot in a way because it will be like a global whack a mole but with the internet and the blockchain combined. it would just be very hard to ban and take too much energy that why i think in the end it will just be easier for them to apply regulations which i personally think regulations will make the price even higher because that big money wants trust more than they want the stability currently. stability can come later as far as price fluctuations. the bigger buyers are very long term investors they aren't day traders buying and selling.
Litecoin to save the world ...better tech but not yet loved like Bitcoin
@cid campeador no I'm pushing a narrative like everyone else ...but understand your statement
The best product doesn’t always win. The known one does!!!! Demand and scarcity = value
Litecoin is just a test net for bitcoin
Sure it valuable but anything trying to compete directly with btc will loose ,but like I said ltc is a testnet for btc updates not a competitor never was ment to be
Short squeeze 2.0