Robin Seyr

Robin Seyr
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Jul 28, 2024 • 51min

Michael Dülk: "Bitcoin needs to be spent!"

Why we need Merchant and Medium of Exchange adoption for BTC? Is Bitcoin the end all be all money? Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://bitbox.swiss/robin Contact the CyberSecurity & Self Custody Experts from the Bitcoin Way: - 30 mins free call with my link: https://www.thebitcoinway.com/partners/robin Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Guest's contact: https://www.linkedin.com/in/michael-theo-d-3b1442198 Summary Bitcoin's importance as a medium of exchange is highlighted by its ability to be used for peer-to-peer cash transactions with low fees, instant settlement, and no chargebacks. Merchant adoption and consumer adoption go hand in hand, with merchants benefiting from the marketing value of accepting Bitcoin and attracting tech-savvy customers. The pushbacks from merchants often stem from concerns about the volatility of Bitcoin and negative perceptions due to scams and bad news. The Lightning Network plays a crucial role in enabling fast and cheap payments, and its adoption is essential for the growth of the Bitcoin ecosystem. While Bitcoin's privacy features make it less suitable for money laundering, KYC and AML regulations are necessary for compliance and wider adoption. The future of payments may see Bitcoin as the dominant currency, with layer two solutions like Lightning eliminating the need for altcoins. The grassroots movement of orange pilling loved ones and promoting Bitcoin adoption is crucial for its mass adoption. The conversation discusses the importance of merchant adoption of Bitcoin and the role of the Lightning Network in scaling Bitcoin. The speakers emphasize the need for Bitcoiners to ask merchants if they accept Bitcoin as a form of payment. They also highlight the benefits of using Lightning as a layer two solution and the potential for other layer two solutions in the future. The conversation explores the impact of Bitcoin acceptance on the adoption and value of Bitcoin, as well as the importance of spending Bitcoin to help grow the ecosystem. The speakers express their motivation to work in Bitcoin and the freedom it provides in managing one's own money. Takeaways Bitcoin's importance as a medium of exchange lies in its ability to facilitate peer-to-peer cash transactions with low fees, instant settlement, and no chargebacks. Merchant adoption and consumer adoption of Bitcoin go hand in hand, with merchants benefiting from the marketing value of accepting Bitcoin and attracting tech-savvy customers. Pushbacks from merchants often stem from concerns about the volatility of Bitcoin and negative perceptions due to scams and bad news. The Lightning Network plays a crucial role in enabling fast and cheap payments, and its adoption is essential for the growth of the Bitcoin ecosystem. While Bitcoin's privacy features make it less suitable for money laundering, KYC and AML regulations are necessary for compliance and wider adoption. The future of payments may see Bitcoin as the dominant currency, with layer two solutions like Lightning eliminating the need for altcoins. The grassroots movement of orange pilling loved ones and promoting Bitcoin adoption is crucial for its mass adoption. Bitcoiners should ask merchants if they accept Bitcoin as a form of payment to encourage merchant adoption. Chapters 00:00 The Importance of Bitcoin as a Medium of Exchange 02:39 Merchant Adoption and the Marketing Value of Bitcoin 06:16 The Role of Lightning Network in Bitcoin Payments 12:04 KYC/AML Regulations and Bitcoin Adoption 15:22 Bitcoin's Potential for Mass Adoption 24:21 Grassroots Movement of Bitcoin Adoption 26:56 Scalability and the Lightning Network 29:17 Merchant Adoption and Fees 33:04 Being Your Own Boss with Bitcoin
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Jul 27, 2024 • 47min

With Self Custody Bitcoin, you join TOP 2% of the world | Matej Zak

Only 2% of BTC HODLer are taking responsibility of there own keys, way too low! Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://bitbox.swiss/robin Contact the CyberSecurity & Self Custody Experts from the Bitcoin Way: - 30 mins free call with my link: https://www.thebitcoinway.com/partners/robin Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Guest's contact: https://x.com/matej_zak Summary In this conversation, Robin Seyr, CEO of Trezor, discusses the low adoption of hardware wallets in the crypto space and the importance of self-custody. He highlights the misconceptions around hardware wallets being difficult to use and emphasizes the need for education to encourage broader adoption. Seyr also emphasizes the importance of holding one's own private keys and the risks associated with relying on third-party custodians. He discusses the recent launch of Trezor's new product, the Trezor Safe 5, and explains the design choices behind it. Seyr also shares his thoughts on the future of self-custody and the potential impact of institutional adoption on the Bitcoin market. Takeaways Only 2% of crypto users have hardware wallets, indicating low adoption. Misconceptions about hardware wallets being difficult to use and not user-friendly contribute to the low adoption. Education is crucial in encouraging broader adoption of hardware wallets and self-custody. Holding one's own private keys is superior to relying on third-party custodians due to security risks and fees. The future of self-custody may involve the integration of second-layer solutions to enable inexpensive transactions directly from hardware wallets. Chapters 00:00 The Low Adoption of Hardware Wallets 07:53 The Launch of Trezor Safe 5 13:09 The Future of Self-Custody
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Jul 26, 2024 • 50min

Bitcoin to 288k? Stephen Dodge: "This Bull Run is Unique!"

All financial tools will be built on top of Bitcoin, and why this Bitcoin Cycle is different from others. Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://bitbox.swiss/robin Contact the CyberSecurity & Self Custody Experts from the Bitcoin Way: - 30 mins free call with my link: https://www.thebitcoinway.com/partners/robin Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Guest's contact: https://www.linkedin.com/in/stephendodge3 Summary The conversation revolves around the potential for a major bull run in Bitcoin and the role of price predictions. The speakers discuss the importance of price for mainstream adoption and the need for tools and infrastructure to support Bitcoin transactions. They also explore the Taproot Asset Protocol and its potential to enable multi-asset functionality on the Lightning Network. The conversation touches on the benefits and challenges of building on top of Bitcoin, including the use of Bitcoin for rewards and loyalty programs. The speakers also ponder the possibility of Bitcoin becoming the global financial asset and the potential for a Bitcoin standard. The conversation explores the potential transition from fiat currencies to stablecoins and the Bitcoin standard. The guests discuss the age and vulnerabilities of current global currencies and the possibility of stablecoins replacing them. They highlight the benefits of stablecoins, such as a more free-market approach and the ability to punish bad actors. They also discuss the importance of a seamless user experience and the role of stablecoins in bridging the gap between the fiat world and the Bitcoin standard. The conversation concludes with a discussion on the goals of Satoshi Nakamoto and the potential impact of stablecoins on the future of money. Takeaways The speakers anticipate a major bull run in Bitcoin, with potential catalysts including the US election and increased awareness and demand. Price predictions are important for mainstream adoption as many people associate Bitcoin with price and are looking for gains. The Taproot Asset Protocol enables multi-asset functionality on the Lightning Network, with stablecoins being a prominent use case. Building on top of Bitcoin, including the use of Bitcoin for rewards and loyalty programs, is seen as positive for the ecosystem. There is ongoing debate about the possibility of Bitcoin becoming the global financial asset and replacing fiat currencies. Stablecoins could potentially replace fiat currencies in the future, offering a more free-market approach and the ability to punish bad actors. A seamless user experience is crucial for the mass adoption of stablecoins and the transition to the Bitcoin standard. Stablecoins can serve as a bridge between the fiat world and the Bitcoin standard, allowing for easier adoption and use of Bitcoin in day-to-day transactions. The goals of Satoshi Nakamoto were likely to opt out of the current monetary system and provide a self-sufficient alternative. Stablecoins have the potential to impact the future of money and fix some of the flaws in the current financial system. Chapters 00:00 Introduction and Technical Difficulties 06:37 The Importance of Taproot Assets in Scaling Bitcoin 10:08 Building on Bitcoin: NFTs and Other Protocols 14:29 Taproot Assets: Enabling Multi-Asset Networks 19:10 Taproot Assets in Loyalty and Rewards Programs 21:43 The Significance of Experimentation and Building on Bitcoin 24:07 Exploring the Transition to a Bitcoin Standard 33:40 The Role of Stablecoins in Bridging the Gap 36:46 The Potential Impact of CBDCs 44:55 Satoshi Nakamoto's Goal: Opting Out of the Current System
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Jul 25, 2024 • 1h 13min

Carlos Toriello: "With 1 Bitcoin, your bloodline will remember you forever!"

1 BTC is enough to ensure to be remembered, and we also discussed: Why Bitcoin will secure all Elections in the future! Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://bitbox.swiss/robin Contact the CyberSecurity & Self Custody Experts from the Bitcoin Way: - 30 mins free call with my link: https://www.thebitcoinway.com/partners/robin Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Guest's contact: https://x.com/carlostoriello Summary Carlos Torreiro, founder of Simple Proof, discusses the use of Bitcoin to prove and audit elections in Guatemala. He explains that voting systems are like proof-of-work consensus algorithms with an audit trail in the analog world. By using Bitcoin's immutability and decentralization, voting systems can be fortified and protected from fraud. Carlos demonstrates how the Guatemalan voting system works, with volunteers managing voting tables and political party witnesses overseeing the process. He then introduces Open Timestamps, a protocol that allows individuals to use Bitcoin as a timestamping service. Carlos shows how Simple Proof uses Open Timestamps to verify the integrity of voting documents and ensure they haven't been altered. By leveraging Bitcoin's blockchain, Simple Proof provides cryptographic proof that the documents were created on election night. Carlos from SimpleProof.com discusses the importance of using Bitcoin to timestamp and protect digital data, particularly in the context of elections. He explains how Simple Proof used Bitcoin to ensure the integrity of the Guatemalan election and emphasizes the need for every piece of digital data published by the government to have a timestamp to prevent manipulation. Carlos also discusses the future of Bitcoin as a currency and its potential to become the standard for timestamping all digital information. He invites Bitcoiners to reach out and help bring this technology to their local governments to protect democracy. Takeaways Voting systems can be seen as proof-of-work consensus algorithms with an audit trail in the analog world. Bitcoin's immutability and decentralization can fortify and protect voting systems from fraud. Open Timestamps is a protocol that allows individuals to use Bitcoin as a timestamping service. Simple Proof uses Open Timestamps to verify the integrity of voting documents and ensure they haven't been altered. By leveraging Bitcoin's blockchain, Simple Proof provides cryptographic proof that the documents were created on election night. Using Bitcoin to timestamp and protect digital data, such as election documents, ensures their integrity and prevents manipulation. Simple Proof used Bitcoin to secure the Guatemalan election and is working towards a future where every piece of digital data published by the government has a timestamp. Bitcoin's ability to timestamp and protect information makes it the most secure and credible blockchain for this purpose. Carlos encourages Bitcoiners to reach out to their local governments and promote the use of Bitcoin for timestamping to protect democracy. Bitcoin's role in protecting democracy can help counter political attacks and demonstrate its utility beyond being a store of value. Chapters 00:00 Introduction and Technical Difficulties 01:56 Background and Journey to Election Auditing 04:11 Using Bitcoin to Reach a New Audience 09:05 The Voting Process in Guatemala 14:08 Verifying Election Documents with Open Timestamps 17:47 Demonstration of the Guatemalan Voting System Website 25:05 Linking Documents to the Bitcoin Blockchain 34:44 Reducing the Number of Transactions with Open Timestamps 36:37 Protecting Digital Data with Bitcoin Timestamps 39:10 Safeguarding Democracy with Bitcoin 42:22 The Value of Timestamping Information 45:14 Bitcoin as the Most Secure Option 51:17 Implementing Bitcoin Timestamps in Local Governments
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Jul 24, 2024 • 1h 2min

Tony Yazbeck: “Bitcoin will surprise us all in 2024!”

What happens when Trump speaks at Bitcoin Nashville? What will he announce and why will this have an Impact on the Price! Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://bitbox.swiss/robin Contact the CyberSecurity & Self Custody Experts from the Bitcoin Way: - 30 mins free call with my link: https://www.thebitcoinway.com/partners/robin Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Guest's contact: https://www.thebitcoinway.com/partners/robin Summary The conversation covers various topics including the recent attention on Bitcoin, the potential impact of a Bitcoin ETF, the importance of self-custody, and the future of Bitcoin adoption. The speakers discuss the recent events surrounding Donald Trump and his support for Bitcoin, with one speaker suggesting that it may be divine intervention. They also touch on the risks of centralized exchanges and the need for individuals to take responsibility for their own Bitcoin holdings. The conversation concludes with a discussion on the potential future price of Bitcoin and the importance of proper self-custody. The Bitcoin Way emphasizes the importance of self-custody and proper security measures when it comes to Bitcoin. They recommend using air-gapped hardware wallets and being strict about security, even if there's a small chance something could go wrong. They stress the long-term value of Bitcoin and the need to constantly update and improve one's setup. The Bitcoin Way encourages individuals to become their own head of security and take their financial freedom seriously. They advocate for living on a Bitcoin standard and fully embracing the Bitcoin ethos. Takeaways The recent attention on Bitcoin, including support from Donald Trump, highlights its growing mainstream acceptance. The Bitcoin ETF is seen as a marketing tool to accelerate adoption, but self-custody is still the preferred option for long-term security. Proper self-custody is important to protect against risks of centralized exchanges and potential government confiscation. Bitcoin's future adoption may lead to a shift in power away from governments and central banks. The potential future price of Bitcoin could lead to panic and a demand for Bitcoin as a form of payment. Use air-gapped hardware wallets and be strict about security measures when it comes to Bitcoin. Focus on the long-term value of Bitcoin and constantly update and improve your setup. Take your financial freedom seriously and become your own head of security. Live on a Bitcoin standard and fully embrace the Bitcoin ethos. Chapters 00:00 Introduction 04:22 The Bitcoin ETF as a Marketing Tool for Adoption 06:33 The Significance of Self-Custody and Financial Sovereignty 13:26 Bitcoin's Increasing Mainstream Adoption and Support 20:52 The Importance of Learning and Understanding Self-Custody 24:34 Demand for Bitcoin as a Means of Protecting Purchasing Power 26:23 The Importance of Self-Custody and Risks of Third-Party Services 30:55 The Mindset and Continuous Improvement of Self-Custody 34:40 The Potential Impact of Bitcoin on Individuals' Lives 43:46 Bitcoin Adoption Across Age Demographics 47:06 Scalability of Bitcoin as a Global Currency
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Jul 23, 2024 • 53min

Bitcoin is the best insurance | Adolfo Contreras

Bitcoin brings back trust and might eliminate the need for law enforcement all together. Interesting: Adolfo doesn't believe that BTC will be a currency too. Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://bitbox.swiss/robin Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Guest's contact: https://www.linkedin.com/in/adolfocontreras/?originalSubdomain=uk Summary Bitcoin's scaling and evolution in the next decade or two decades is uncertain. While some believe that Bitcoin will scale to everyone and be used as a medium of exchange, others, like Adolfo, think that Bitcoin's primary value lies in enabling private property and trust in the digital age. Adolfo believes that Bitcoin will not be a generally accepted means of exchange due to its volatility and lack of stability compared to fiat currencies. However, he sees Bitcoin as a valuable asset for enabling exchanges that are not possible otherwise. The speculation and casino-like behavior surrounding Bitcoin do not change its fundamental value. Liquid is a sidechain of Bitcoin that enables advanced financial applications and connects local assets with global liquidity. It removes the need for trusted intermediaries and allows for faster and cheaper transactions. Liquid is managed by a federation of companies and uses a consensus model similar to national stock exchanges. It is different from Lightning Network, which is more focused on scalability for UTXO-based assets. Liquid is also different from Fedimint and ARK, which are other blockchain projects in early stages. The future of humanity with limitless power on a Bitcoin standard is uncertain, but the key is to preserve Western values and the tradition of criticism. Takeaways Bitcoin's scaling and evolution in the next decade or two decades is uncertain. Bitcoin's primary value lies in enabling private property and trust in the digital age. Bitcoin is unlikely to be a generally accepted means of exchange due to its volatility and lack of stability compared to fiat currencies. Bitcoin is a valuable asset for enabling exchanges that are not possible otherwise. The speculation and casino-like behavior surrounding Bitcoin do not change its fundamental value. Liquid is a sidechain of Bitcoin that enables advanced financial applications and connects local assets with global liquidity. Liquid removes the need for trusted intermediaries and allows for faster and cheaper transactions. Liquid is managed by a federation of companies and uses a consensus model similar to national stock exchanges. Liquid is different from Lightning Network, which is more focused on scalability for UTXO-based assets. Liquid is also different from Fedimint and ARK, which are other blockchain projects in early stages. The future of humanity with limitless power on a Bitcoin standard is uncertain, but the key is to preserve Western values and the tradition of criticism. Chapters 00:00 Introduction and Importance of Scaling Bitcoin 01:06 Bitcoin as a Means to Enable Private Property 04:32 The Differentiation of Bitcoin Adoption 08:05 Bitcoin's Role in Enabling Trustless Exchanges 11:44 The Challenges of Bitcoin's Volatility 17:54 The Potential for Bitcoin to Become a Widely Accepted Currency 24:20 The Value of Bitcoin in Enabling Trustless Exchanges 25:27 Enabling Global Liquidity with Liquid 31:57 Liquid vs. Lightning Network: Different Use Cases 38:03 Exploring Other Blockchain Projects: Fedimint and ARK 48:22 The Future of Humanity with Limitless Power on a Bitcoin Standard 50:41 Preserving Western Values for Progress and Problem-Solving
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Jul 22, 2024 • 1h 2min

Cole Walmsley: Bitcoin Price Predictions are BOGUS!

Do BTC Price Predictions have any meaning? Do they serve any purpose at all? Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://bitbox.swiss/robin Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Guest's contact: https://x.com/Cole_Walmsley Summary Price predictions in themselves are fruitless, but price is the ultimate signal for Bitcoin adoption. Bitcoin's true value is infinite divided by 21 million, as it will be global money and price in all of the world's productivity. Pricing Bitcoin in terms of houses or gold makes more sense as it reflects its use as a medium of exchange. Bitcoin adoption will happen gradually, with the potential for a hockey stick moment triggered by political support and countries adopting Bitcoin. Fiat currencies benefit from exporting inflation, while Bitcoin separates money from state and benefits everyone. The author's journey into Bitcoin started with investing and led to writing a book and running an investment fund. In this conversation, Cole Walmsley discusses his motivation for writing about Bitcoin and the impact it has had on his understanding of global economic systems. He highlights the work of Alex Gladstein in exposing the predatory practices of the IMF and World Bank. They also touch on the potential integration of AI with Bitcoin and the importance of movement patterns for physical well-being. Cole shares his belief that the meaning of life is simply to be alive. Takeaways Price predictions are fruitless, but price is the ultimate signal for Bitcoin adoption. Bitcoin's true value is infinite divided by 21 million, as it will be global money and price in all of the world's productivity. Pricing Bitcoin in terms of houses or gold makes more sense as it reflects its use as a medium of exchange. Bitcoin adoption will happen gradually, with the potential for a hockey stick moment triggered by political support and countries adopting Bitcoin. Fiat currencies benefit from exporting inflation, while Bitcoin separates money from state and benefits everyone. The author's journey into Bitcoin started with investing and led to writing a book and running an investment fund. Writing about Bitcoin can be a way to express one's enthusiasm and curiosity about the subject. Bitcoin has the potential to expose and challenge the predatory practices of global economic organizations like the IMF and World Bank. The integration of AI with Bitcoin could be facilitated by Bitcoin's permissionless and verifiable nature. Understanding and adopting natural movement patterns can contribute to physical well-being and prevent common injuries. The meaning of life is simply to be alive. Chapters 00:00 Price Predictions and the Purpose of Bitcoin 05:57 Bitcoin as a Store of Value and Medium of Exchange 10:34 The Adoption Timeline of Bitcoin 15:42 The Benefits of Bitcoin for Individuals and Society 23:12 Personal Journeys into Bitcoin 29:06 Spreading Awareness and Educating Others about Bitcoin 34:15 The IMF and Resource Extraction 40:39 Bitcoin: Breaking the Chain of Centralized Control 47:06 Integration of AI and Bitcoin 48:29 The GoTA Movement System for Optimal Health
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Jul 21, 2024 • 1h 7min

Why the FED is fearing Bitcoin - USD crash now?

Sourcenode is right. We shouldn't invest in anything fiat denominated: Exit now! Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://bitbox.swiss/robin Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Guest's contact: https://www.sourcenode.xyz Summary The conversation explores the dangers of personal information being easily accessible online and the lack of privacy protections. It delves into the potential risks faced by individuals who are outspoken about Bitcoin and the need for security measures. The discussion also touches on the concept of Bitcoin as a decentralized organization and its potential impact on the current financial system. The importance of Bitcoin in challenging the corrupt financial apparatus and its potential to improve mental health outcomes is highlighted. The conversation concludes with speculation on the future of Bitcoin and its role in society. The conversation explores the concept of time preference and the importance of living in the present moment. They discuss the balance between having a low time preference mindset and being accepting of the present. They also touch on the potential future of Nostra and its impact on digital lives. The conversation concludes with a discussion on the significance of Bitcoin in politics and the need for politicians to acknowledge its importance. Takeaways Personal information is easily accessible online, and there is a lack of privacy protections. Individuals who are outspoken about Bitcoin may face potential risks and need to take security measures. Bitcoin is seen as a decentralized organization that challenges the corrupt financial system. Bitcoin is considered the most important thing in the world right now, as it has the potential to improve mental health outcomes and address inequality. The future of Bitcoin and its impact on society is uncertain, but it is believed to have the potential to bring about positive change. Living in the present moment is essential for personal growth and authenticity. Balancing a low time preference mindset with acceptance of the present is key. Nostra has the potential to revolutionize social media and provide a platform for open communication. Bitcoin's significance in politics is growing, with politicians recognizing its importance. The conversation highlights the need for resilience and optimism in the face of challenges. Chapters 00:00 Personal Experiences and Allergies 00:47 Privacy Concerns and Protecting Personal Information 06:05 Bitcoin as the First Decentralized Organization 13:10 The Importance of Bitcoin in the World 15:19 Inflation as Theft and the Need for a New Financial System 21:37 The Growing Awareness and Adoption of Bitcoin 27:28 The Future of Bitcoin and its Impact on Society 29:48 Bitcoin's Potential Impact on Mental Health and Well-being 31:11 Bitcoin: A Tool for Personal Growth and Liberation 41:17 Nostra: The Future of Open Communication 53:09 Psychedelics and Personal Development 01:00:48 Bitcoin's Growing Recognition in the Political Landscape
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Jul 20, 2024 • 1h 31min

Mathematician Fred Krueger: Nobody wants USD in 10 years!

Bitcoin is going to 5M, maybe even 10M? 100X from here. Fred Krueger explains why BTC is going to succeed and will replace the USD, the Yen, and all other fiat currencies. Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://bitbox.swiss/robin Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Guest's contact: https://x.com/dotkrueger Summary In this conversation, Fred discusses his belief that Bitcoin is the future of money and will replace fiat currencies. He predicts that in 20 years, Bitcoin will be widely accepted as a form of payment, including for taxes. He also believes that Bitcoin's finite supply and its ability to serve as both a savings account and a checking account will lead to a fundamental shift in the power of large governments to print money. Fred mentions the need for layer two solutions and potential changes to Bitcoin's block size or op codes to address scalability. He emphasizes the importance of holding onto Bitcoin for the long term and compares it to other transformative technologies like artificial intelligence. Fred emphasizes the importance of Bitcoin becoming the unit of account and the need for complete redemption on demand for the real thing. He believes that once Bitcoin's price is higher and it becomes cheaper to transact, it will be integrated everywhere and machines will use it for microtransactions. Fred also discusses the need for less government intervention and regulation in Bitcoin, advocating for free and open money. He expresses his skepticism towards KYC and the European Union, and highlights the importance of self-custody and the potential of Bitcoin ETFs. Takeaways Bitcoin is seen as the future of money and is expected to replace fiat currencies. In 20 years, Bitcoin is predicted to be widely accepted as a form of payment, including for taxes. Bitcoin's finite supply and its ability to serve as both a savings account and a checking account will lead to a fundamental shift in the power of large governments to print money. Layer two solutions and potential changes to Bitcoin's block size or op codes may be necessary to address scalability. Holding onto Bitcoin for the long term is advised, as it is expected to continue growing in value. Artificial intelligence is another transformative technology that will have a significant impact on the world. Bitcoin should become the unit of account and have complete redemption on demand for the real thing. Bitcoin's integration and use by machines for microtransactions will increase once its price is higher and transaction costs are lower. Less government intervention and regulation in Bitcoin is necessary for it to fulfill its potential as free and open money. KYC and the European Union's regulations are not compatible with the principles of Bitcoin. Self-custody is important, but Bitcoin ETFs can provide a convenient way for people to invest in Bitcoin. Promoting the actual use of Bitcoin and encouraging its acceptance as a form of payment is beneficial for its adoption. Chapters 00:00 Introduction and Bitcoin's Future 02:31 Bitcoin's Price and Finite Supply 05:06 Scalability Challenges and Solutions for Bitcoin 19:58 Bitcoin's Price and the Power Law 31:42 The Intersection of Bitcoin and AI 47:37 Bitcoin as a Unit of Account 49:49 Bitcoin vs. Stablecoins and Fiat Currencies 51:59 Regulations and KYC 54:10 The Role of Governments in Bitcoin 01:00:35 Best Countries for Bitcoiners 01:02:40 Self-Custody and Trust 01:06:49 In-Kind Distribution for ETFs 01:15:11 Reaching Out to Fred Krueger
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Jul 19, 2024 • 1h 24min

Bitcoin made me question EVERYTHING | Maurizio Pedrazzoli

Why is Bitcoin so different to all other Assets? Why does it open your eyes to new perspectives? Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://bitbox.swiss/robin Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Guest's contact: https://x.com/MrMPodcast Summary In this conversation, Maurizio and Robin discuss the role of Bitcoin in the world and its potential future. Maurizio believes that Bitcoin has established itself as a store of value and will serve as a base layer for companies to build on top of. He suggests that altcoin use cases could be better built on Bitcoin or a centralized database. They also discuss the unique properties of Bitcoin, such as its capped supply and digital nature, which make it attractive as a form of money. Maurizio emphasizes the importance of taking responsibility for one's own finances and questioning the current financial system. In this conversation, Maurizio and Robin discuss the importance of questioning and being truthful to oneself. They explore the concept of personal freedom and the need to break free from societal norms and expectations. Maurizio shares his journey of self-discovery and how Bitcoin played a role in his critical thinking and personal growth. They also touch on the importance of surrounding oneself with like-minded individuals and the impact of travel on expanding one's perspective. The conversation concludes with Maurizio's advice to work on oneself and make the world a better place. Takeaways Bitcoin has established itself as a store of value and will serve as a base layer for companies to build on top of. Altcoin use cases could be better built on Bitcoin or a centralized database. Bitcoin's unique properties, such as its capped supply and digital nature, make it attractive as a form of money. Taking responsibility for one's own finances and questioning the current financial system is important. Investing time and effort in understanding Bitcoin before forming opinions is crucial. Questioning societal norms and being truthful to oneself is essential for personal growth and freedom. Bitcoin can serve as a catalyst for critical thinking and questioning other aspects of life. Surrounding oneself with like-minded individuals can provide support and encouragement for personal development. Traveling and experiencing different cultures can broaden one's perspective and lead to self-discovery. Working on oneself is crucial for making a positive impact on the world. Chapters 00:00 Introduction and Technical Discussion 00:05 The Role of Bitcoin and Altcoins 12:03 The Unique Properties of Bitcoin 16:10 Flaws of the Current Financial System 22:55 Bitcoin's Mass Adoption and Institutional Investment 25:46 The Importance of Time and Personal Responsibility 32:29 Expanding Perspectives and Embracing Change 39:44 Questioning Beliefs and Ego 47:17 Happiness and Acceptance 01:06:59 Exploring New Experiences 01:18:54 Working on Yourself to Make the World Better

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