5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC093: The Debt Spiral Defined w/ James Lavish (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The US Is in the Exact Opposite Position

The US is in the exact opposite position. They've got a current account deficit. And we have a super high concentration of wealth in this country. Having conviction really, for me, has to do with a long-term investment. That's where you'll hear Warren Buffett or Charlie Munger as much as they don't understand Bitcoin. But that's what's driven me in Bitcoin and so I don't care that it's down at $20,000.

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