Peter St Onge Podcast Ep 95: Interview with Tuur Demeester
Dec 1, 2024
Tuur Demeester, Founder of Atomic Capital and co-founder of the Belgian Rothbard Institute, shares his insights as an early Bitcoin adopter. He discusses the post-election economic landscape, predicting Bitcoin's rise under Trump. Demeester reflects on his shift from valuing gold to embracing Bitcoin, emphasizing its security and digital compatibility. He critiques European Marxism's resurgence and its implications for property rights, while also examining Argentina's unexpected economic recovery. The conversation highlights Bitcoin's value amid regulatory challenges and future market potential.
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From Gold Bug to Bitcoiner
- Tuur Demeester's millennial background influenced his shift to Bitcoin due to the ease of digital exchange compared to gold.
- He found buying gold cumbersome, with high fees and difficulties in verification, unlike Bitcoin.
Bitcoin as Digital Gold
- Bitcoin's similarity to gold lies in its scarcity, a key feature for a monetary asset.
- Its digital nature makes it more suitable for the modern world, unlike gold's cumbersome physicality.
Network Security
- Bitcoin's security stems from its robust network, making attacks costly and ineffective.
- This contrasts with smaller networks like Dogecoin, which are vulnerable to disruption.