Apparently you shot this podcast episode when bitcoin was around 62-63k in October 2024. Now in the middle of November it sits at 87k and that's after a little correction from 93k ATH. Insane. And those people dismissive to the idea of bitcoin will still continue to do so secretly wishing that bitcoin crashes. We really need to go above 100k with some strength. Let's kick some teeth out.
Thanks for having this discussion. I have been FIRE-driven since before I found FIRE in 2019. I still believe in FIRE principles. I think that Bitcoin and FIRE go exactly hand-in-hand. FIRE is about intentionally investing sufficient resources to live life on your terms (often for a long time), and Bitcoin protects that lifestyle from long-term inflation risks. It's a match made in heaven, really.
Lol everyone tries to fit a round peg into the square hole . We are conditioned to see everything thru the lens of fiat and not the BTC is the lens itself . People can say btc is worth 10 million dollars Yet what if there is no dollar.
I remember that article, he compared it to having no more “intrinsic value” than his fingernails 😂. I really like MMM, and was my introduction to investing and planning for early retirement, but really screwed his following over with that terrible take on BTC.
Volatility plays a crucial role when it comes to retirement though. It's quite reluctant to retire on 1 bitcoin that worth 1 million at the top of the bull market and down 50% later in bear one
Sure you did, if you bought at 10 cents you most likely sold at the 1st top and definitely when it hit 1000, im pretty sure the ones you got at 10 cents are long gone dude! You wouldnt be on some youtube channel comments lol lol
Apparently you shot this podcast episode when bitcoin was around 62-63k in October 2024. Now in the middle of November it sits at 87k and that's after a little correction from 93k ATH. Insane. And those people dismissive to the idea of bitcoin will still continue to do so secretly wishing that bitcoin crashes. We really need to go above 100k with some strength. Let's kick some teeth out.
Thanks for having this discussion. I have been FIRE-driven since before I found FIRE in 2019. I still believe in FIRE principles. I think that Bitcoin and FIRE go exactly hand-in-hand. FIRE is about intentionally investing sufficient resources to live life on your terms (often for a long time), and Bitcoin protects that lifestyle from long-term inflation risks. It's a match made in heaven, really.
Well said!
Your great-grand and grandparents mostly live like the FIRE movement. Now people get screwed by inflation, credicards, bank credits.
Acquire as many satoshis as possible while uneducated people still accept dollars for them
🤝
Used to love MMM until he dissed Bitcoin. Still appreciate what I learned from him on FIRE.
🔥"Bitcoin is Like Having a Swiss Bank Account In Your Pocket"
Apathy will not go well for you... find your courage, you are a Man!
"FIRE" this is a brilliant way to explain why Bitcoin is a must-have to any portfolio. Great guest!
I agree! Happy you found it valuable 🙏
@47:27 Trey says "Now we're at 63,000." So how old is this material guys?
Long-Term thinking?
October somewhere
Pretty recent since we were at 58K for months
Mrmoneymustache still doesn't understand Bitcoin
crazy right
Lol everyone tries to fit a round peg into the square hole .
We are conditioned to see everything thru the lens of fiat and not the BTC is the lens itself .
People can say btc is worth 10 million dollars
Yet what if there is no dollar.
I remember that article, he compared it to having no more “intrinsic value” than his fingernails 😂. I really like MMM, and was my introduction to investing and planning for early retirement, but really screwed his following over with that terrible take on BTC.
I find it fascinating that "intellectuals" are not that intellectual after all
Priceless content as always!Buy Bitcoin and buy borrow die with it! 💪👑💰✈️ GTFO the matrix!
Id like hear the details of how bitcoin can or can't scale. There is a lot of surface level opinions
scale for what?
I heard a Peter Schiff moment. Alas Peter has a kindred spirit 🤣
😂
Volatility plays a crucial role when it comes to retirement though. It's quite reluctant to retire on 1 bitcoin that worth 1 million at the top of the bull market and down 50% later in bear one
Once you understand it goes up forever against any alternative, you know this is not the case ;)
So how many?
Less than you think ;)
@bramk i Need a Number
MMM's has great content but his article about bitcoin showed me that he has strong cognitive dissonance and conflicts of interest that hold him back.
🤝
None at these prices...people who bought at 10 cents already retired( including me 40 years old) ..only lossers buying now
Ok
Sure you did, if you bought at 10 cents you most likely sold at the 1st top and definitely when it hit 1000, im pretty sure the ones you got at 10 cents are long gone dude! You wouldnt be on some youtube channel comments lol lol
@@ryanshaeffer103why not? He has nothing to do
You already mad to have sold 🤣. Douche.
You only need 37 sats but you’ll need to wait 212 years to be a billionaire with 37 sats.
37?