AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Wolf Of All Streets
Bitcoin For Everyone | Cory Klippsten, Founder Of Swan Bitcoin
Jun 22, 2021
Cory Klippsten, Founder of Swan Bitcoin, discusses Bitcoin as legal tender in El Salvador, government officials spreading FUD, coexistence of Bitcoin and the dollar, ESG concerns & government bans, CBDCs & their relation to Bitcoin, geographic miner redistribution, 5% CPI on goods, Swan Bitcoin & Bitcoin's future, bracing for a bear market, Swan's customers & their behavior, Bitcoin's role in Latin America, the fight against inflation, Sats vs. Bitcoin denomination, stablecoins vs. Bitcoin, a bitcoin-based future, countries, institutions, & companies buying Bitcoin, and writing a Bitcoin book.
01:10:31
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Bitcoin has the potential to become a major global currency, coexisting with other currencies, such as the US dollar.
- Widespread adoption of Bitcoin as a medium of exchange and unit of account will likely require the market cap to reach trillions of dollars and volatility to significantly decrease.
Deep dives
Bitcoin's Impact on Global Currency
Bitcoin has the potential to become a major global currency, coexisting with other currencies, such as the US dollar. It is projected that by 2035, people in most parts of the world will be able to buy goods and services priced in SATs, with both buyers and sellers understanding the purchasing power of Bitcoin. This means that Bitcoin could dominate the internet, remote work, and become a preferred currency in countries where local currencies have failed. However, widespread adoption of Bitcoin as a medium of exchange and unit of account will likely require the market cap to reach trillions of dollars and volatility to significantly decrease.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode