I Think the Maximlis Thesis for Bit Coin Is That Energy and Bit Coin Are So Intrinsically Laked

5min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The maximlis thesis for bit coin is that energy and bit coin are so intrinsically laked. The pitch of bit coin ultimately being like, this incentivizes smart energy production but it also represents the amount of energy you have stored. It's exactly what you said, jack. Like bitcoin and energy tied together means all these different parts of society are working together,. Whereas proof of stake is very sogreatlu b Cause that liry is why yhave to look at why the portes imantions aren't ratting out as they should be. And i think clumsily brought it up on last episode, how easy it is to get disconnected from the idea that people struggle with

The NIA boys discuss the impact of rising oil, wheat & gas prices. How a Chinese billionaire lost $12bil on a nickel short squeeze. Explore the idea of crypto-native war bonds & go into the history of batman movies.

Timestamps:

0:00:00 – Bilal In Mexico, Street Food + Meme of the Week

0:06:48 – Commodity Crisis + Second-Order Effects

0:15:15 – Nickel Short Squeeze + Gold vs Bitcoin

0:30:27 – Oil's Impact On Everything + Are We Going Into A Recession?

0:37:17 – Crypto War Bonds, Ukraine's Crypto Donations + NFTs

0:51:07 – Incentives + Charity During Wartime

0:59:02 – Trung’s 3 Main Points, Negative Connotations of Crypto + NFTs

1:14:03 – Why Batman Became Dark

What Is Not Investment Advice?

Every week, Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology, and memes.

Watch + Subscribe on YouTube:

https://youtu.be/mmRyBpgoS14

Join our group chat on Telegram:

https://t.me/notinvestmentadvice

Let us know what you think on Twitter:

Hosted on Acast. See acast.com/privacy for more information.