Creating Wealth Real Estate Investing with Jason Hartman 1642: Mitch Russo On GameStop & Robinhood, The Bitcoin Standard by Saifedean Ammous
Jason Hartman talks with Mitch Russo about GameStop & Robinhood. What happened, is it legal, and what will happen next? Guest, Ashley, talks with Jason about art, bananas, Banksy and how this can help one understand the connection between sound money and art.
Saifadean Ammous, the author of The Bitcoin Standard, joins Jason to explain the three basic functions of money and why this matters with Bitcoin. Will Bitcoin push out the role of central banks? If so, why would the government let Bitcoin exist?
Key Takeaways:
Mitch Russo
[1:30] Joined by guest Mitch Russo, author of The Invisible Organization
[2:45] Keith Gill, aka Roaring Kitty's Reddit move with GameStop explained by Mitch Russo
[8:00] The corruption of Robinhood and Google, in bed together to delete negative reviews.
[9:15] "Why are they picking on us rich people?"
[13:35] Did Reddit close the sub-Reddit?
[14:45] Jason is joined by Ashley, "let's talk about art and bananas."
[15:35] The amazing connection between sound money and art, Bansky and Love Is In The Bin
[17:20] How much better would the world be today if we were in a place of sound money?
[19:00] Art is bananas!
[26:00] Bitcoin could be worth zero dollars tomorrow, nobody knows.
Saifadean Ammous
[32:00] Money has three basic functions of money:
[34:45] How does Bitcoin act as a base layer of money, similar to the central banks' settlement layer?
[39:00] Why would the government let Bitcoin exist?
Websites:
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
1-800-HARTMAN