In 2021, I expected that to be a way bigger issue. And here, at least in the United States, it seemed to be like actually surprisingly well accepted. But let's just say that you get a new administration. There's another risk. You could have a new administration come in and be very difficult in this area and be very pro US dollar which could pose a threat to the U.S. Bitcoin is going to eat into a lot of financial service, period. How much is really the question? That's really hard for me to be able to understand how much when I look at Stripe or Square.
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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