The Tim Dillon Show 255 - Bitcoin Winklevoss Jake Paul
Jun 6, 2021
Joining the discussion are Jake Paul, a professional boxer and polarizing social media figure, and the Winklevoss twins, Cameron and Tyler, who are known for their early Facebook days and Bitcoin advocacy. They tackle Jake's boxing journey and his views on cryptocurrency. The trio debates Bitcoin's potential as a superior asset compared to gold, while also diving into NFT art and the importance of decentralization in tech. With humor, they reflect on Bitcoin's controversies and how social media shapes both the boxing world and financial landscapes.
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Jake Paul's First Bitcoin
- Jake Paul bought his first Bitcoin at 16 for $100, using his landscaping and Vine earnings.
- He considers it his best investment.
Bitcoin as Gold 2.0
- Bitcoin's fixed supply makes it a desirable store of value, similar to gold.
- Its first-mover advantage and scarcity contribute to its perceived hardness and soundness.
Bitcoin's Volatility
- The Winklevoss twins are unfazed by Bitcoin's price volatility.
- They believe it gains value more quickly than it loses it.