S&P 500 DOOMED: Why BTC Will Wipe Most Out | Michael Illiano

The Great Revaluation! Most Companies are Zombie Companies and filled up with debt. Once Bitcoin brings true price discovery back, they will be wiped out! Subscribe to get the Daily Bitcoin Podcast show updates: youtube.com/robinseyr?sub_confirmation=1 Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://robinbtc.link/bitbox Ever visited the best Bitcoin-only conference? Come join me at BTC Prague! - Get a 10% discount with code "ROBIN" - & visit: ⁠https://robinbtc.link/Prague Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Best place to back up your seed-phrase: - Get a 10% discount with code "Robin" - & visit: https://robinbtc.link/xellox Guest's contact: https://x.com/BitcoinMike23 Summary The conversation explores the intersection of Bitcoin, AI, and the potential for a more abundant and free society. The guest shares his personal journey of discovering Bitcoin and how it influenced his views on financial and personal freedom. They discuss the concept of austerity and how Bitcoin encourages a more long-term and future-oriented mindset. The conversation also touches on the potential impact of Bitcoin on energy systems, global game theory, and the future of politics and borders. In this part of the conversation, Robin Seyr and Michael Illiano discuss the importance of deep research and empathy when introducing people to Bitcoin. They emphasize the need to meet people where they are and understand their fears and limitations. They also discuss the concept of the 'now solution' and the challenges of convincing people to transition to Bitcoin gradually. They touch on the potential impact of Wall Street and Bitcoin ETFs, the importance of spending Bitcoin, and the emergence of AI and its potential impact on society. Takeaways Bitcoin and AI have the potential to create a more abundant and free society by meeting basic needs through AI and robotics, allowing individuals to pursue their passions and interests. Bitcoin encourages a mindset of austerity, focusing on long-term planning and conserving energy, information, and time. Bitcoin has the potential to revolutionize energy systems by utilizing stranded energy and stabilizing grids, leading to more efficient and sustainable energy production. Bitcoin can empower self-sovereign nations, particularly in Africa, by breaking the dollar hegemony and allowing them to leverage their abundant resources. The global adoption of Bitcoin can minimize conflicts and promote peace by reducing the reliance on fiat currencies and the power dynamics they create. While it may be tempting to move to Bitcoin-friendly countries, it is also important to stay and advocate for Bitcoin adoption in one's own country. The analogy of the Matrix is often used to describe the journey of discovering Bitcoin, as it requires individuals to be open to questioning the existing financial system and taking the 'orange pill' to see the truth. Engaging in conversations about Bitcoin requires finding the right moment and approach to introduce the concept to others who may not be ready to accept it. Bitcoin has the potential to fundamentally change society and create a more decentralized and equitable world. Chapters 00:00 The Connection Between AI and Bitcoin 20:38 Bitcoin and the Transformation of Global Game Theory 25:16 The Rise of Bitcoin-Friendly Countries 29:58 The Intersection of Basketball and Bitcoin 32:05 Bitcoin as an Escape from the Matrix 33:18 The Orange Pill: Readiness to Embrace Bitcoin 35:16 Communicating Bitcoin to the Fiat-Integrated 37:50 The Now Solution: Gradual Transition to Bitcoin 40:51 Bitcoin ETFs and the Integration of Bitcoin 46:16 Bitcoin's Hardening and the Future of Payments 55:03 Artificial Intelligence: Fascination and Concern