The Intrinsic Value Podcast - The Investor’s Podcast Network

MI Rewind: Bitcoin, Cryptocurrencies, and Blockchain Part 2 w/ Preston Pysh

May 31, 2024

Preston Pysh discusses how Bitcoin works, why higher demand makes it more secure, and the value of educating oneself about Bitcoin. They explore how a deflationary currency like Bitcoin encourages long-term thinking and investment. Valuing Bitcoin based on the stock to flow ratio is also covered in this engaging podcast episode.

49:29

Episode guests

Preston Pysh

AI Summary

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Timing investments based on Bitcoin's cycle patterns can lead to significant gains.

Educating oneself about Bitcoin's technology and history is crucial for making informed decisions.

Skepticism and caution are essential in navigating through volatile market conditions and avoiding financial scams in the cryptocurrency space.

Deep dives

Understanding the Four-Year Cycle of Bitcoin

Bitcoin operates on a four-year cycle with specific patterns. By grasping where you are in this cycle, you can better time your investments. Buying at low points in the cycle can lead to substantial gains. Conversely, being cautious at peak points helps protect your assets.

Introduction

2min

Exploring the Technical and Financial Depths of Bitcoin Mining

13min

Investing in Bitcoin and Fractional Ownership Discussion with Sponsor Ads

3min

Navigating Bitcoin's Volatility and Regulatory Challenges

13min

Exploring the Implications of a Bitcoin Ban and Addressing Misconceptions

5min

Navigating Bitcoin Misconceptions and Investment Strategies

16min

Today’s show is part 2 of a two-part series all about Bitcoin, other cryptocurrencies, and blockchain technology with TIP’s Co-Founder Preston Pysh. Preston is a graduate of West Point and Johns Hopkins University, the founder of BuffettsBooks.com, and Co-Founder/Co-Host of We Study Billionaires by The Investor’s Podcast Network.

IN THIS EPISODE, YOU’LL LEARN

00:00 - Intro

00:41 - How Bitcoin works and the problems it looks to solve.

05:54 - Why a higher demand for Bitcoin indirectly makes the currency more secure and in turn a better store of wealth.

11:15 - How investors should think about educating themselves about Bitcoin.

15:05 - Why the adoption of a deflationary currency like Bitcoin will encourage people to think long term and invest more.

28:21 - How to value Bitcoin based on the stock to flow ratio.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Experts to Follow: Plan B, Trace Mayer, Caitlin Long, Adam Back.
Plan B’s white paper: Modeling Bitcoin’s Value w/ Scarcity.
Recommended Book: The Bitcoin Standard by Dr. Saifedean Ammous.
Check out the books mentioned in the podcast here.
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