If you're under like the age of 40, you've been so screwed, in my opinion, unprecedentedly screwed. And what I mean by that is when you look at the ownership of the equity in the world, it is consolidated into the hands of the few. If we were playing monopoly, there's one player on the board. He already owns all the property. There's nobody sitting in the seats. The millennials were asked to come up and play the game with a couple dollars in front of them. All the equity is already owned by the one other player. This is the life of the millennial.
Clay and Robert chat with Preston Pysh about the role that money printing, the Federal Reserve, and debt play in the macroeconomy, the benchmark the Preston uses to measure performance against his own portfolio, and much much more!
Preston is a leading voice in the Bitcoin space, and has been a guest on the number of Bitcoin focused podcasts.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
20:45 - How Bitcoin price will perform if we see another deflationary shock in the markets.
36:52 - What the incentives are for continued Bitcoin adoption.
44:29 - The most important metrics Preston looks at to test his Bitcoin thesis.
54:08 - Why Bitcoin hasn’t hit Preston’s $100k price target.
57:43 - The potential risks that Preston sees in Bitcoin.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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