Lyn can always explain so clear about the root logic behind people's financial behavior, why the current system exits, and why we need bitcoin. Fantastic episode.
I can really relate to Peter... the guy represents the average joe so well, and he continues to venture forth into topics and ideas that are HUGE, with MASSIVE theoretical implications, and yet he pulls down to earth for us the most important threads so everyday people can have the ability to reliably sink their teeth into these concepts. Bravo, it's not easy sitting next to Lyn our beautiful queen whose prbly got an IQ of 185, while also sitting next to Danny who while being the best friend you could ever ask for is also a 5th dimensional being who manipulates time, space, and light in order to physically manifest being in the room which is how he gets us to believe he actually exists.... So, Peter's contending with A LOT. and hes doing a regal job of it 😊 I'm quite grateful to "be" "here" and "now" with you all
Love the way Lyn introduces the gold coin as a slight-of-hand to then go back and address the question around BTC scaling and sovereignty using the analogy of perfect circles (like the gold coin) to describe even in gold history how sovereignty exists in theory, but in practice it's never been perfect. I dont believe it will be with BTC either. She gives a solid challenge to Carvalos more defined black and white view of sovereignty in BTC. I'd love to see john and lyn discuss this together. I respect them both immensely. I'd love to learn more
Great episode, Lyn is an immediate must watch. Great shout out to Halt And Catch Fire, a really great evocation of both the birth of the personal computer and then the Internet.
Love your show and long form on anything Bitcoin. It’s really rounded out the Macro elements impacting this revolution. Peter you are so humble keep doing what your doing it helps a lot!! Cheers
Loved seeing Peter geek out over the gold coin. I appreciate the more optimistic takes on scalability tradeoffs after listening to the ep with John/Giacomo/Matt (which was also a great conversation). I’m warming up to the idea of Bitcoin banks because of the transparency/audibility of the funds. In a free market custodians will compete on transparency and trustworthiness. They could have rules around what percentage of funds need to be reserved in deep cold storage with well distributed multisig keys - and of course the addresses are made public. But more realistically - for plebs - the current banks that exist today could in theory offer Bitcoin bank services and the majority of the public would continue to trust in them.
Peter, thanks for being a Bitcoin guiding light in the UK. As a fellow Brit we all need to make more efforts in our different communities. You have a great presenting style, honest and clearly intelligent to know what your audience is seeking. Funnily enough my Grandparents used to live in Bedford in Ampthill! So good memories of that place I'd even go as far as to say my Grandfather was a bit of a truther, he would have loved Bitcoin.
Concerning the football club convo right at the beginning: "When you see that in order to produce, you need to obtain permission from men who produce nothing - When you see that money is flowing to those who deal, not in goods, but in favors [...] - You may know that society is doomed." - Ayn Rand
Boom!! amazing as usual. Peter well done my friend, your interview style is great, I felt like I was just sitting in the table listening to Lynn. And Lynn....uff! what can we say....brilliantly smart and such a nice person. Thank you!
Hey Peter, long time fan and listener. Would love for you to get a guest that's an expert on e-waste to talk about obsolete ASICS. Would love to know how large of a contributor obsolete ASICS are to our e-waste problem.
I must say I was surprised that Peter had no idea what an Oz coin was worth :) We do have quite a few Gold Bugs who started with Gold and then moved on to BTC. I was actually the opposite - was a hard core Buffet fan (still am) and started with BTC, and then it was BTC that turned me on to gold. I think its makes to sense to hold both (although I believe one should have far more BTC than gold given BTC''s many advantaged. But I can think of numerous examples and circumstances where BTC would be of no help, whereas Gold might be.
I love “this one is like the final boss” and Bitcoin is like the new monetary software program that is going to allow humanity to beat the final boss. Which make up a rather large portion of our current governmental systems that we have in place and basically overwriting their software … I mean that part really hit home with me…thank you!
15:00 No idea is CLEARLY "incorrect" if many people still hold it. Meaning the idea/position has not been made as clear as those that understand it CLEARLY think they have explained it... and besides no one likes to change. Change itself is so hard and difficult from any long or generational belief, as to be almost impossible without a hard crisis or accident or tragedy that FORCES people to change. Such is coming.
How do Bitcoiners not know how much an ounce of gold costs? How have they never held a gold coin? Digital gold has been a meme now for years. I assumed most bitcoiners had looked pretty extensively at gold.
Peter, when will you get some devs who actually understand covenants and scaling on. Blue matt was the closest you got, and he isnt directly involved with covenants and john and Giacomo are just thinkers.
1:22:00 It is a wonder, a still unanswered question, as to WHY people want to HELP people once they become wealthy, not all of them, but enough to be noticed... why is that the final "destination" so to speak.?? Make all this effort and money only to attempt to give it away wisely??
My question is this, knowing the track record of central banks and government,the fact that they do not like competition and have many resources at there disposal, what makes anyone think that when CBDCS are introduced that competing crypto currencies like Bitcoin would basically become illegal or at very least.be heavily discouraged say through legislation etc?
Right now the issue isnt just which currency to use, but where. If you see your country heading in that direction with bitcoin, you might want to see it as a sign that its fime to relocate where there is less government over-reach and greater freedom.
Bitcoin standard is a must read. Then just keep consuming crypto videos and give it some time. It took me about a year to feel like I had a good grasp on the space.
I have an issue witih acronyms being used, which is understandable, as I only hodl presently, yet want to understand what the next layer is in the bitcoin world. So, is everything to help me understand behind a paywall?
Hi, I really enjoyed listening to this talk - most excellent! Could someone please recommend a book or two I can read so I can understand what the heck y'all are talking about? Lol! I'm way behind in this game and have some serious catching up to do. Thanks very much =)
if $5000 is spent on energy and hardware for the bitcoin ponzi today, and electricity becomes free tomorrow, $5000 will be spent on hardware tomorrow (and untold amounts of electricity wasted). there is no upper limit to the waste should it continue
Can you do a podcast on the differences/pros/cons between BTC and BSV please. The Craig Wright case is imminent and BSV is about to test terranode. I am not a BSV'er but would like to understand it more and clarify once and for all big blocks versus small blocks etc. Cheers.
20:15 Best part of the video!! "Spectrum of Sovereignty"... Lyn again killed it, '"it is a platonic concept/ideal..."" degrees of freedom?? degrees of sovereignty?? Exchange one portion of freedom/sovereignty for a benefit?? Pure freedom from what exactly?? So go live in act jungle and see how free you are? In nations as in naked nature, there are always dangers lurking. As a group humans are at the top in all things, but as individuals in "nature" human are almost at the bottom and veryyyy vulnerable to most dangers, from a simple insect bite, to a tiger attack to a poisonous plant... you want COMPLETE freedom?? think abut what you're praying for, and of course "a balance" is the normal rebuttal to this point, but therein lies the issue, where is that point, it has to constantly be... watched??
Lyn back again so soon? My god we are lucky!
She is a sweet lady sharing her insights for free.
Agreed 👍🏾
I could listen to a Lyn interview all day, every day 🧡
me too
Lyn can always explain so clear about the root logic behind people's financial behavior, why the current system exits, and why we need bitcoin. Fantastic episode.
Lyn just casually dropping the gold coin. Love it.
absolutely love the combo of Lyn & Peter together, another awesome episode
I can really relate to Peter... the guy represents the average joe so well, and he continues to venture forth into topics and ideas that are HUGE, with MASSIVE theoretical implications, and yet he pulls down to earth for us the most important threads so everyday people can have the ability to reliably sink their teeth into these concepts. Bravo, it's not easy sitting next to Lyn our beautiful queen whose prbly got an IQ of 185, while also sitting next to Danny who while being the best friend you could ever ask for is also a 5th dimensional being who manipulates time, space, and light in order to physically manifest being in the room which is how he gets us to believe he actually exists....
So, Peter's contending with A LOT. and hes doing a regal job of it 😊
I'm quite grateful to "be" "here" and "now" with you all
He may across as an average Joe however his motivation and entrepreneurship puts him in a league of very few people.
Last sentence............ Brilliant!
💯
I’ve been meaning to buy her book. She is so impressive, thanks for having her on. I always watch any show she goes on.
It's been good so far. 👍
Best podcast to listen to while it "feels like" -20° F outside. Cheers ☕
Lyn is always a favorite!
Love the way Lyn introduces the gold coin as a slight-of-hand to then go back and address the question around BTC scaling and sovereignty using the analogy of perfect circles (like the gold coin) to describe even in gold history how sovereignty exists in theory, but in practice it's never been perfect. I dont believe it will be with BTC either. She gives a solid challenge to Carvalos more defined black and white view of sovereignty in BTC. I'd love to see john and lyn discuss this together. I respect them both immensely. I'd love to learn more
haha yes was nicely done. :)
"I don't believe it will be with BTC either." Agreed, I think it will be with some future AGI(s) and surrounding ecosystem
Peter you are doing such a good job👍 Always a pleasure to listen your guests and of course Lyn Alden✌️
We are lucky to hear geniuses like Lynn for free
Lyn is so great, thinking through so many dimensions of bitcoin. thanks
Lyn’s the only one to provide a great answer to Peter’s question about sovereignty and the lightning network.
Best part of the interview
Bedford will eventually embrace Bitcoin. Keep it up Peter. You are putting the place on the map! Seriously. And Lynne you are awesome,
Great episode, Lyn is an immediate must watch.
Great shout out to Halt And Catch Fire, a really great evocation of both the birth of the personal computer and then the Internet.
What a great show. And no mention of Macro! (Not that Macro is a bad topic and Lyn is the best at Macro). Always lots of areas to discuss. Thanks.
Nice episode! I just bought Lyn’s book last week.
28:00- minute mark - Good explanation of Gold premium(s)
Lyn is amazing as always 💡With the greatest patience and clarity she can explain difficult topics 🙏🏼🙏🏼🙏🏼. Thank you all.
Lyn is a genius.
I swear the best benefit i have of having learnt English is that i can listen to Lyn
Love your show and long form on anything Bitcoin. It’s really rounded out the Macro elements impacting this revolution. Peter you are so humble keep doing what your doing it helps a lot!! Cheers
Inspiring as always listening to Lyn.
Love the channel. Lyn is so knowledgeable and classy. Keep it up
Tick tock next great interview. Educating the BTC and wider community at once💜✌️
Great show but what are UTXO’s? Thanks
Loved seeing Peter geek out over the gold coin. I appreciate the more optimistic takes on scalability tradeoffs after listening to the ep with John/Giacomo/Matt (which was also a great conversation).
I’m warming up to the idea of Bitcoin banks because of the transparency/audibility of the funds. In a free market custodians will compete on transparency and trustworthiness. They could have rules around what percentage of funds need to be reserved in deep cold storage with well distributed multisig keys - and of course the addresses are made public. But more realistically - for plebs - the current banks that exist today could in theory offer Bitcoin bank services and the majority of the public would continue to trust in them.
Yeah the weight of gold really does blow you away the first time you hold an oz.
Lyn makes conversation topics that would otherwise be kinda boring very fascinating.
If no one has mentioned it within the last five minutes, thank you 🙏🏾
Really appreciate the shows, the info & the insights.
Take care everyone ✌🏾
Peter, thanks for being a Bitcoin guiding light in the UK. As a fellow Brit we all need to make more efforts in our different communities.
You have a great presenting style, honest and clearly intelligent to know what your audience is seeking.
Funnily enough my Grandparents used to live in Bedford in Ampthill! So good memories of that place I'd even go as far as to say my Grandfather was a bit of a truther, he would have loved Bitcoin.
Concerning the football club convo right at the beginning: "When you see that in order to produce, you need to obtain permission from men who produce nothing - When you see that money is flowing to those who deal, not in goods, but in favors [...] - You may know that society is doomed." - Ayn Rand
She is a very individual person and I mean that totally in a positive sense 😊
Boom!! amazing as usual. Peter well done my friend, your interview style is great, I felt like I was just sitting in the table listening to Lynn. And Lynn....uff! what can we say....brilliantly smart and such a nice person. Thank you!
She is unmatched, the best, and I think you do your best work with her! Thanks for having her back! Didn’t know you guys were in nyc!
It's refreshing to have Lyn on for an hour and half and not having discussed Macro economics for a minute.
Another great interview. Thank you! 👍👍
Hey Peter, long time fan and listener. Would love for you to get a guest that's an expert on e-waste to talk about obsolete ASICS. Would love to know how large of a contributor obsolete ASICS are to our e-waste problem.
About the gold coin, there is also a 3-5% hit when you sell.
That’s not true. You just have to k is where to sell. I get spot plus the premium back.
Excellent, best answer I’ve heard about scaling and the options and ways to think about it
Lyn is My best analyst love to see her 💓💓
I must say I was surprised that Peter had no idea what an Oz coin was worth :) We do have quite a few Gold Bugs who started with Gold and then moved on to BTC. I was actually the opposite - was a hard core Buffet fan (still am) and started with BTC, and then it was BTC that turned me on to gold. I think its makes to sense to hold both (although I believe one should have far more BTC than gold given BTC''s many advantaged. But I can think of numerous examples and circumstances where BTC would be of no help, whereas Gold might be.
gangster flex by lyn to pull out the gold coin
killing it...lynn on the team...yeah thank you all
I liked before watching because I know it’s going to be a banger.
Nice table
you should see its legs, witwoo!
I love “this one is like the final boss” and Bitcoin is like the new monetary software program that is going to allow humanity to beat the final boss. Which make up a rather large portion of our current governmental systems that we have in place and basically overwriting their software … I mean that part really hit home with me…thank you!
Thanks guys!!!!
Lyn is just the best
15:00
No idea is CLEARLY "incorrect" if many people still hold it.
Meaning the idea/position has not been made as clear as those that understand it CLEARLY think they have explained it... and besides no one likes to change.
Change itself is so hard and difficult from any long or generational belief, as to be almost impossible without a hard crisis or accident or tragedy that FORCES people to change. Such is coming.
great episode!
Yes Peter....Gold coins are impressive.
How do Bitcoiners not know how much an ounce of gold costs?
How have they never held a gold coin?
Digital gold has been a meme now for years. I assumed most bitcoiners had looked pretty extensively at gold.
Peter, when will you get some devs who actually understand covenants and scaling on. Blue matt was the closest you got, and he isnt directly involved with covenants and john and Giacomo are just thinkers.
People in UK cannot buy BTC? Do they have a way to get around it with Defi or other means?
Absolutely Amazing 🙏
Lyn is so fucking cool. I love Listening to her even though I only understand about 65% of what she is saying.
Love Lyn!
1:22:00
It is a wonder, a still unanswered question, as to WHY people want to HELP people once they become wealthy, not all of them, but enough to be noticed... why is that the final "destination" so to speak.?? Make all this effort and money only to attempt to give it away wisely??
Thank you for the bullet proof vest reference. Lyn you should consider wearing one around. Just in case.
Is it weird that I started hearing Lyn's voice, everytime I hear the word "liquidity"?
Lyn is back so soon! What a TREAT!
She has such a beautiful smile.❤
My question is this, knowing the track record of central banks and government,the fact that they do not like competition and have many resources at there disposal, what makes anyone think that when CBDCS are introduced that competing crypto currencies like Bitcoin would basically become illegal or at very least.be heavily discouraged say through legislation etc?
Right now the issue isnt just which currency to use, but where. If you see your country heading in that direction with bitcoin, you might want to see it as a sign that its fime to relocate where there is less government over-reach and greater freedom.
I have a small amount of BTC but I still feel like I need to vastly improve my knowledge in the space. Any recommendations?
Bitcoin standard is a must read. Then just keep consuming crypto videos and give it some time. It took me about a year to feel like I had a good grasp on the space.
Lyn so smart .😊
I have an issue witih acronyms being used, which is understandable, as I only hodl presently, yet want to understand what the next layer is in the bitcoin world. So, is everything to help me understand behind a paywall?
Lookup BTC sessions, they have some lightning tutorials.
Before I start listening… does Pete ask Lyn to explain the reverse repo market again?
she is my hero
Hi, I really enjoyed listening to this talk - most excellent! Could someone please recommend a book or two I can read so I can understand what the heck y'all are talking about? Lol! I'm way behind in this game and have some serious catching up to do. Thanks very much =)
Lol at Lyn just casually whipping out a ounce of gold.
Holding that gold in your hand is really cool isnt it Peter?
Like I said awhile back, please give us metalheads some love
UK Government have been sued - also Post office claims etc?
I love Lyn Alden so much! “I’m a magician” 😍💜✨)’(
if $5000 is spent on energy and hardware for the bitcoin ponzi today, and electricity becomes free tomorrow, $5000 will be spent on hardware tomorrow (and untold amounts of electricity wasted). there is no upper limit to the waste should it continue
Thank you, got it - Broken Money =)
She has got a charming smile , lights up the room kind of smile. :)
might be stupid question, how come you do not have an espresso machine in the studio? 😮 I am European so that might be the reason I am surprised 😅😅
They're always in different studios in different cities
Can you do a podcast on the differences/pros/cons between BTC and BSV please. The Craig Wright case is imminent and BSV is about to test terranode. I am not a BSV'er but would like to understand it more and clarify once and for all big blocks versus small blocks etc. Cheers.
BTC for decentralized money. FIL for decentralized data.
Peter just got yellow-pilled.
But the emotion in the eyes of Bitcoiners when they're holding gold in their hands is telling.....gold isn't dead.
Vanguard does not allow SQQQ or TQQQ
How old is Lyn Alden
Pubkey kicks ass
When I saw the laser eyes on the templeton logo, I got scared real quick thinking we reached the top already
Pete for mayor!
Peter is in danger of becomming a gold bug... i can see it in hit eyes 😅
20:15
Best part of the video!! "Spectrum of Sovereignty"... Lyn again killed it, '"it is a platonic concept/ideal..."" degrees of freedom?? degrees of sovereignty?? Exchange one portion of freedom/sovereignty for a benefit??
Pure freedom from what exactly?? So go live in act jungle and see how free you are? In nations as in naked nature, there are always dangers lurking. As a group humans are at the top in all things, but as individuals in "nature" human are almost at the bottom and veryyyy vulnerable to most dangers, from a simple insect bite, to a tiger attack to a poisonous plant... you want COMPLETE freedom?? think abut what you're praying for, and of course "a balance" is the normal rebuttal to this point, but therein lies the issue, where is that point, it has to constantly be... watched??
Lyn is looking fine❤
How much does one of those cost? 🤦♂️
Funny hearing her talk about coins. Coin collecting has its own language. Similar to how btc has its own language.
You know you’re a bitcoiner when you have no idea of how much a once on gold cost. 😂
Unless you've got Peter Schiff's notifications on
So they literally believe that something that has no usecase and no value and no utility will win because it's popular? What am I missing here?
Real Bedford!!!!!!
To reply to 9'30'' : In Swiss, Alexis Roussel attacks the Federal Financial Market Supervisory Authority (FINMA)
Go buy Lyns book it's really good!!
Where’s your gold coin at Peter Schiff?
Peter just became a gold bug lol
13:00
Stop it with the "I feel..." thing... do as Lyn does, "I think..." much batter.... facts are facts, so stick to them, and THINK about them.
Lyn gold-bugging Peter 😆