Robin Seyr

Robin Seyr
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May 1, 2024 • 1h 2min

The biggest revolution ever seen | Marco Amadori

In northern Italy, there is a small place called the Bitcoin Valley. Like the Bitcoin beach, you can see how a future Bitcoin standard can look and experience Hyperbitcoinization! Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://robinbtc.link/bitbox Ever visited the best Bitcoin-only conference? Come join me at BTC Prague! - Get a 10% discount with code "ROBIN" - & visit: ⁠https://robinbtc.link/Prague Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Best place to back-up your seed-phrase: - Get a 10% discount with code "Robin" - & visit: https://robinbtc.link/xellox Guest's contact: https://twitter.com/mammadori SUMMARY Marco Amadori discusses Bitcoin adoption in Rovereto, Italy, highlighting local merchant acceptance as a community benefit and customer attraction strategy. He touches on the grassroots growth of Bitcoin, contrasting it with areas like Lugano where merchants quickly convert Bitcoin to fiat. Amadori, describing himself as an anarchist and Bitcoin maximalist, emphasizes the role of open-source development in ensuring Bitcoin's transparency and security. The conversation covers the evolution of Bitcoin from an experimental phase to a potential medium of exchange, driven by community involvement and local initiatives like Bitcoin Valley. Amadori's involvement spans from AI and semantic web research to promoting Bitcoin through various platforms, including the Bitcoin Valley Media podcast. 1. Bitcoin Valley and Bitcoin Beach are inspired by Silicon Valley in Italy, focusing on cryptocurrency. 2. Marco Amadori engaged in AI and semantic web research, discussing Bitcoin and cognitive surplus in speeches. 3. Importance of open-source code and data in Bitcoin's ecosystem, aiding transparency and security. 4. Bitcoin's initial adoption in Rovereto began as an experiment, leading to widespread merchant acceptance and some offering discounts. 5. Early adoption saw merchants converting Bitcoin to Euros, though many now retain Bitcoin to foster community engagement and attract customers. 6. Rovereto benefits from hydroelectric power for Bitcoin mining, supporting its reputation as a grassroots Bitcoin hub. 7. Bitcoin Valley emphasizes local impact and growth, suggesting potential political support from new leaders. 8. Discussions on personal Bitcoin management and security, advocating for a Bitcoin-centric community. 9. Bitcoin is still primarily a store of value and accounting tool, with potential future as a medium of exchange. 10. Amadori's commitment to Bitcoin began with his interest in technology and open-source principles, emphasizing the need for careful development akin to hardware. 11. Bitcoin's societal integration continues, with its revolutionary potential highlighted alongside the challenges for those less technologically adept. 12. The conversation also covers the global and long-term potential of Bitcoin, touching on international acceptance and the impact of market cycles. Chapters 00:00 Introduction and Technical Difficulties 04:43 The History and Growth of Bitcoin Valley 11:49 Bitcoin as a Grassroots Movement 33:49 Game Theory and Bitcoin 46:29 Bitcoin: A Peaceful Revolution 01:01:45 Bitcoin Valley: Giving Bitcoin for Free
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Apr 30, 2024 • 1h 19min

Bitcoin is our last chance to break the chains | Lucas Antunez

Lucas is all-in #Bitcoin and makes a great case, why EVERYBODY should care about #BTC and finally being free. If you don't control your money, money controls you. Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://robinbtc.link/bitbox Ever visited the best Bitcoin-only conference? Come join me at BTC Prague! - Get a 10% discount with code "ROBIN" - & visit: ⁠https://robinbtc.link/Prague Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Best place to back-up your seed-phrase: - Get a 10% discount with code "Robin" - & visit: https://robinbtc.link/xellox Guest's contact: https://twitter.com/TheSpaniardLuc Summary The conversation covers various topics, including the importance of diverse voices in the Bitcoin community, the power of relating to different perspectives, the journey of self-improvement, the connection between basketball and Bitcoin, the impact of injuries on personal growth, the significance of meditation and breathwork, the need for financial education, and the revolutionary potential of Bitcoin. In this conversation, Luc Bitcoin and Robin Seyr discuss the significance of the Bitcoin halving and its impact on the Bitcoin community. They also explore the importance of discipline, self-improvement, and the role of Bitcoin in bringing about societal change. Luc Bitcoin emphasizes the need for education and building relationships within the Bitcoin community. They also discuss the power of compounding and the potential of Bitcoin to shift economic wealth. They suggest that individuals can promote Bitcoin adoption by asking businesses to accept Bitcoin as a form of payment. Takeaways Diverse voices in the Bitcoin community are crucial for spreading awareness and relating to different perspectives. The journey of self-improvement can lead to discovering new passions and interests, such as Bitcoin. Basketball and Bitcoin share similarities in terms of discipline, hard work, and the importance of practice. Injuries can be transformative experiences that lead to personal growth and a shift in priorities. Meditation and breathwork are powerful tools for self-reflection, focus, and overall well-being. Financial education is essential for understanding the flaws of the current monetary system and the potential of Bitcoin. Spreading the word about Bitcoin and orange-pilling others is a selfless act that can contribute to the peaceful revolution of financial freedom. Bitcoin offers individuals the opportunity to take control of their own money and protect their wealth from inflation and government manipulation. The Bitcoin halving is a significant event for the Bitcoin community, marking a new epoch and highlighting the scarcity of Bitcoin. Discipline and self-improvement are essential for success in both personal and Bitcoin-related endeavors. Bitcoin has the potential to bring about societal change by shifting economic wealth and empowering individuals. Education and building relationships within the Bitcoin community are crucial for promoting Bitcoin adoption. Individuals can encourage Bitcoin adoption by asking businesses to accept Bitcoin as a form of payment. Chapters 00:00 Introduction and Learning from Different Voices 07:56 Spreading the Word About Bitcoin: A Peaceful Revolution 55:17 The Importance of Education and Building Relationships in the Bitcoin Community 01:12:57 Encouraging Businesses to Accept Bitcoin 01:22:23 Conclusion and Future Plans
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Apr 29, 2024 • 47min

Bitcoin is the exit strategy | Christopher Meinhart

You'll never trade in your #bitcoin for an inferior asset, which means that #btc is the ultimate exit strategy for everybody. We reached the All-time High before the halving, now what does this mean for Bitcoin? This never happened before. Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://robinbtc.link/bitbox Ever visited the best Bitcoin-only conference? Come join me at BTC Prague! - Get a 10% discount with code "ROBIN" - & visit: ⁠https://robinbtc.link/Prague Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Best place to back-up your seed-phrase: - Get a 10% discount with code "Robin" - & visit: https://robinbtc.link/xellox Guest's contact: https://twitter.com/ChrisMeinhart Summary In this conversation, Chris discusses the significance of the Bitcoin halving event and its long-term impact. He emphasizes the predictability of the halving and the fact that it sets Bitcoin apart from fiat currencies. They also discuss the recent surge in the price of Bitcoin before the halving and the potential impact of Bitcoin ETFs on adoption and price. Chris shares his personal experience of using Bitcoin as a tool for financial freedom and the importance of education in driving mass adoption. He also highlights the potential threat of censorship and the need to continue providing information and promoting open dialogue. Takeaways The Bitcoin halving event has a long-term impact and sets Bitcoin apart from fiat currencies due to its predictability. The recent surge in the price of Bitcoin before the halving and the launch of Bitcoin ETFs could have a significant impact on adoption and price. Bitcoin can be a tool for achieving financial freedom and allows for easy mobility of wealth. Education is crucial in driving mass adoption of Bitcoin, and censorship poses a threat to open dialogue and understanding. Being open-minded, curious, and conducting personal research is important in forming opinions and making informed decisions about Bitcoin. Chapters 00:00 Introduction and Personal Journey with Bitcoin 04:28 The Impact of ETFs and the Potential for a Supercycle 30:46 Using Bitcoin as a Tool for Helping Others and Making a Positive Impact 41:49 The Most Influential Positive Catalyst for Bitcoin
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Apr 28, 2024 • 1h 18min

Bitcoin demand higher than expected | Ulrik Lykke

Bitcoin is now officially the most scarce asset on planet Earth. ETF demand is higher than most expected, and we are experiencing a war on Privacy. Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://robinbtc.link/bitbox Ever visited the best Bitcoin-only conference? Come join me at BTC Prague! - Get a 10% discount with code "ROBIN" - & visit: ⁠https://robinbtc.link/Prague Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Best place to back up your seed phrase: - Get a 10% discount with code "Robin" - & visit: https://robinbtc.link/xellox Guest's contact: https://twitter.com/ulriklykke Summary In this conversation, Ulrik and Robin discuss various topics related to Bitcoin, including the recent halving, the impact of ETFs, the future of self-custody, the role of Coinbase as a custody provider, and the regulatory landscape. Ulrik emphasizes the significance of Bitcoin's pre-programmed monetary policy and its ability to run smoothly without external influence. He believes that ETFs will have a greater impact on price development than the halving event. Ulrik also discusses the potential for increased adoption of Bitcoin by publicly traded companies and the challenges of self-custody. He predicts that volatility will decrease over time and that regulatory frameworks will continue to evolve as regulators try to keep up with the innovation in the crypto space. The conversation covers various topics related to digital assets, regulation, privacy, and the adoption of Bitcoin. Ulrik discusses the challenges regulators face in classifying digital assets and the potential impact on self-custody solutions. He also expresses his surprise at the slow adoption of Bitcoin and the need for a tipping point. The conversation touches on El Salvador's adoption of Bitcoin and the potential for other countries to follow suit. Ulrik concludes by highlighting the importance of asking high-quality questions. Takeaways Bitcoin's pre-programmed monetary policy and its ability to run smoothly without external influence is a significant feature of the asset. ETFs are expected to have a greater impact on Bitcoin's price development than the halving event. Increased adoption of Bitcoin by publicly traded companies is still in its early stages, and holding Bitcoin as an asset on balance sheets is yet to be widely adopted. The future of self-custody may involve hybrid solutions that allow users to store their Bitcoin through a platform while still being responsible for their private keys. Coinbase's position as a custody provider for ETFs poses a potential risk, and competition in the custody space may lead to lower fees and diversification among custody providers. Volatility is a characteristic of Bitcoin that works in favor of long-term investors, but it may deter some individuals from entering the market. Regulatory frameworks for cryptocurrencies are evolving, and regulators are playing catch-up with the innovation in the crypto space. The introduction of central bank digital currencies (CBDCs) may impact the regulatory landscape and how cryptocurrencies are categorized. Not all digital assets are born equal, and regulators struggle to classify them. The slow adoption of Bitcoin has been surprising, and a tipping point is yet to be reached. El Salvador's adoption of Bitcoin is a bold move that could inspire other countries. Asking high-quality questions is crucial for gaining a deeper understanding. Chapters 00:00 The Rise of Remote Podcasting 07:35 The Impact of Bitcoin ETFs on Institutional Adoption 23:47 The Risk of Coinbase as a Honeypot 29:41 Understanding Volatility in Bitcoin 36:19 The Regulatory Landscape of Bitcoin 48:30 The Slow Adoption of Bitcoin 01:03:29 El Salvador's Adoption of Bitcoin
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Apr 27, 2024 • 1h 26min

Adoption is way faster than you think | Gary Cardone

Gary Cardone already has 88% of his liquid net worth in Bitcoin and is continuing to pour capital into BTC. He has a massive conviction, and is ready to orange pill the masses! Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://robinbtc.link/bitbox Ever visited the best Bitcoin-only conference? Come join me at BTC Prague! - Get a 10% discount with code "ROBIN" - & visit: ⁠https://robinbtc.link/Prague Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Best place to back up your seed-phrase: - Get a 10% discount with code "Robin" - & visit: https://robinbtc.link/xellox Guest's contact: https://twitter.com/GaryCardone Summary In this conversation, Gary Cardone and Robin Seyr discuss the topics of real estate and Bitcoin. Gary shares his perspective on real estate as a business and investment, highlighting the potential for wealth creation through building and selling businesses. He compares real estate to Bitcoin, stating that he sees Bitcoin as a true asset that can be owned, while real estate is more of a liability. Gary also emphasizes the importance of understanding the value of unique and finite assets like Bitcoin. He believes that Bitcoin will play a significant role in the future of the digital world and that it will revolutionize the financial system. In this conversation, Gary Cardone emphasizes the importance of financial responsibility and personal freedom. He discusses the need to control spending, invest in valuable assets like Bitcoin, and avoid being trapped in a job or lifestyle that one dislikes. He encourages individuals to value themselves and their time, and to focus on bringing value to the world. Cardone also emphasizes the importance of critical thinking and being cautious of media influences. He concludes by highlighting the transformative potential of Bitcoin and the need for individuals to support and learn from each other in the Bitcoin community. Takeaways Real estate can be a great way to make money, but it is important to understand that it is a business and investment that requires time and effort. Bitcoin is seen as a true asset that can be owned, while real estate is more of a liability due to the associated costs and responsibilities. Bitcoin is a unique and finite asset that has the potential to revolutionize the financial system and become a global currency. The digital world is rapidly evolving, and Bitcoin is expected to play a significant role in the digitization of various industries and the economy. It is important to understand the value of unique assets and the potential they hold for wealth creation and financial freedom. Control your spending and avoid buying things you can't afford Invest in valuable assets like Bitcoin Value yourself and your time, and avoid jobs or lifestyles you dislike Bring value to the world and focus on personal growth Be cautious of media influences and think critically Support and learn from the Bitcoin community Chapters 00:00 Introduction and Podcast Milestone 08:02 Bitcoin as an Asset and Real Estate as a Liability 33:56 Job Creation and Opportunities in the Bitcoin Industry 42:23 Defining Freedom and the Future of Money 51:20 Understanding Financial Freedom 01:00:32 Bitcoin: A Tool for Wealth Creation 01:18:21 Exploring the Meaning of Freedom
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Apr 26, 2024 • 58min

Space Force Officer: Adopt Bitcoin immediately | Adrian Cercenia

It is such great timing now for Bitcoin, and if you already have BTC, he gave great insights on how to take better care of them, with his background in Cybersecurity. Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://robinbtc.link/bitbox Ever visited the best Bitcoin-only conference? Come join me at BTC Prague! - Get a 10% discount with code "ROBIN" - & visit: ⁠https://robinbtc.link/Prague Best place to back-up your seed-phrase: - Get a 10% discount with code "Robin" - & visit: https://robinbtc.link/xellox Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Guest's contact: https://twitter.com/AdrianCercenia Summary In this conversation, AC, a retired Air Force officer, discusses the potential impact of Bitcoin on ending wars and conflicts. He explains that the amount spent on wars by the US is almost equivalent to the amount of dollars printed, and Bitcoin's scarcity and proof of work could limit future conflicts. However, he also highlights the concentration of Bitcoin in the US and the potential for confiscation. The conversation then shifts to the importance of personal Bitcoin security, including self-custody, multi-sig, and running a node. AC also shares his journey of discovering Bitcoin, overcoming preconceived notions about altcoins, and understanding the fiat system. The conversation explores the potential national security risks and game theory implications of countries adopting or not adopting Bitcoin. It is suggested that if a country adopts Bitcoin and becomes successful, it could emerge as a new world leader, while those that do not adopt may be left behind. The discussion also touches on the potential for Bitcoin banks and the need for innovation in layer two and layer three solutions to enable widespread Bitcoin transactions. The conversation concludes with a focus on the importance of finding purpose and passion in Bitcoin, particularly for military veterans. Takeaways Bitcoin has the potential to limit conflicts and wars due to its scarcity and proof of work, which contrasts with the ability of governments to print money. The concentration of Bitcoin in the US and US-based companies raises concerns about potential confiscation and its impact on future conflicts. Personal Bitcoin security is crucial, and measures like self-custody, multi-sig, and running a node can enhance security and privacy. Understanding the fiat system and the problems of monetary debasement were key factors in AC's journey towards embracing Bitcoin. The military and government's negative perception of Bitcoin was largely influenced by its association with illicit activities and the dark web. The adoption of Bitcoin by countries can have significant implications for national security and global power dynamics. In the game theory of Bitcoin adoption, it is suggested that eventually every country will hold Bitcoin, potentially leading to a new world leader. Innovation in layer two and layer three solutions is crucial for enabling widespread Bitcoin transactions and addressing scalability issues. Bitcoin has the potential to fix issues like housing affordability by repricing real estate and making it more accessible. Bitcoin can provide purpose and passion for military veterans, offering a sense of direction and motivation. Chapters 00:00 Exploring Different Streaming Platforms 12:38 Best Practices for Bitcoin Security and Running a Node 29:22 The National Security Risk of Not Adopting Bitcoin 43:55 The Early Stage of Bitcoin Adoption 53:25 The Importance of Making Protocol Changes More Difficult
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Apr 25, 2024 • 1h

There is competition to Bitcoin | Lennart Lopin

BTC has been attacked every single day since its inception. Bitcoin can't just relax, It can't make a mistake. What do you have to do to defeat Bitcoin? Is that still a possibility? Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://robinbtc.link/bitbox Ever visited the best Bitcoin-only conference? Come join me at BTC Prague! - Get a 10% discount with code "ROBIN" - & visit: ⁠https://robinbtc.link/Prague Best place to back up your seed phrase: - Get a 10% discount with code "Robin" - & visit: https://robinbtc.link/xellox Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - & visit: ⁠https://robinbtc.link/21bitcoin Summary Lennart, a software engineer and early Bitcoin adopter, shares his journey from growing up in Austria to moving to the United States and discovering Bitcoin. He discusses the challenges of building a business in the crypto space and the importance of experimentation and open-mindedness in solving the scalability and centralization issues of Bitcoin. Lennart also explores the role of mining in the network and suggests the possibility of changing the hashing algorithm to decentralize mining further. Bitcoin's core code should not be changed too much, but experimentation can happen on layer two or with new coins. Bitcoin is a complete paradigm shift and a stable protocol that allows for innovation. Voting on the blockchain and decentralized voting systems are possible applications. Regulation and government interference in markets stifle innovation. Bitcoin brings back the free market and fixes the problem of paper money and government overhead. Bitcoin allows for a reliable measurement of value creation and reigns in the production of paper money. Takeaways Lennart grew up in Austria and moved to the United States, where he discovered Bitcoin. He believes that the government would have shut down Bitcoin if they truly understood its potential. Lennart emphasizes the importance of experimentation and open-mindedness in solving the scalability and centralization issues of Bitcoin. He suggests the possibility of changing the hashing algorithm to decentralize mining further. Bitcoin's core code should not be changed too much, but experimentation can happen on layer two or with new coins. Bitcoin is a complete paradigm shift and a stable protocol that allows for innovation. Voting on the blockchain and decentralized voting systems are possible applications. Regulation and government interference in markets stifle innovation. Bitcoin brings back the free market and fixes the problem of paper money and government overhead. Bitcoin allows for a reliable measurement of value creation and reigns in the production of paper money. Chapters 00:00 Introduction and Background 08:31 The Potential Threats to Bitcoin 27:04 The Centralization of Mining 35:18 Bitcoin's Impact on Money and Government 52:21 Bitcoin: Bringing Back a Reliable Measurement Tape
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Apr 24, 2024 • 1h 6min

Don't make this mistake with Bitcoin | Tony Miltenberger

Don't leave your Bitcoin on Exchange, self-custody your BTC to keep them secure: If you don't hold your own keys, someone else will. They won't care about your sats as much as you. Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - visit: https://robinbtc.link/bitbox Ever visited the best Bitcoin-only conference? Come join me at BTC Prague! - Get a 10% discount with code "ROBIN" - or visit: ⁠https://robinbtc.link/Prague Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - or visit: ⁠https://robinbtc.link/21bitcoin Guest's contact: https://twitter.com/TonyMiltenberg1 Summary Real estate professionals are inspired to get into Bitcoin due to the shift from local investors to institutional ownership, which has driven up prices and changed the dynamics of the market. The potential for Bitcoin to demonetize the real estate market is a topic of interest. Real estate is seen as a great asset with tax benefits and diversification opportunities, but Bitcoin offers a different store of value. The biggest misconception about Bitcoin is that it's a scam and can lead to being rug pulled. Adoption of Bitcoin among friends and family is slow, but there is hope for a future inflection point. Tony Miltenberger shares his journey of discovering Bitcoin and the impact it has had on his life. He reflects on his previous financial habits and the realization that he needed to start saving for the future. Bitcoin provided him with a newfound motivation to save and invest. He also discusses the importance of questioning the current financial system and the potential for Bitcoin to revolutionize it. Tony emphasizes the need to meet like-minded individuals and attend conferences to expand one's understanding of Bitcoin and its possibilities. Takeaways Real estate professionals are drawn to Bitcoin due to the shift from local investors to institutional ownership, which has driven up prices and changed the market dynamics. Bitcoin has the potential to demonetize the real estate market as a different store of value. Real estate offers tax benefits and diversification opportunities, but Bitcoin provides a unique investment opportunity. The biggest misconception about Bitcoin is that it's a scam and can lead to being rug pulled. Adoption of Bitcoin among friends and family is slow, but there is hope for a future inflection point. Bitcoin motivated Tony to start saving and investing for the future. Questioning the current financial system is important for understanding Bitcoin's potential. Attending conferences and meeting like-minded individuals can expand one's knowledge and opportunities in the Bitcoin space. Bitcoin has the potential to revolutionize the financial system. Chapters 00:00 Introduction and Discussion of Riverside Recording 05:16 Bitcoin as a Store of Value for Real Estate Investors 12:43 Misconceptions and Skepticism Surrounding Bitcoin 32:51 Jumping on the Bitcoin Network 42:16 Bitcoin as the Biggest Revolution 51:42 The Importance of Meetups and Conferences
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Apr 23, 2024 • 1h 6min

Bitcoin will fix the USA | Ryan Matta

Any chance that America will wake up? Private property doesn't exist, you can't save in the national currency, Politicians tell you not to adopt BTC while getting filthy rich. What a banger with Ryan Matta! Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - visit: https://robinbtc.link/bitbox Ever visited the best Bitcoin-only conference? Come join me at BTC Prague! - Get a 10% discount with code "ROBIN" - or visit: ⁠https://robinbtc.link/Prague Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - or visit: ⁠https://robinbtc.link/21bitcoin Guest's Twitter: https://twitter.com/RyanMattaMedia My Twitter: https://twitter.com/robinseyr Summary Ryan Matta shares his journey into the Bitcoin community and his experience with mining Ethereum. He discusses the current state of America, highlighting issues such as corruption, high taxes, and the erosion of property rights. He believes that Bitcoin can restore property rights and provide a solution to the broken money system. He mentions El Salvador as a role model for embracing Bitcoin and restoring property rights. Ryan also expresses his concerns about the future of America and the need for a leader who will prioritize the well-being of the people. The conversation covers topics such as the influence of foreign nationalists on the board of directors of American companies, the impact of government and billionaire control on policies and censorship, the economic challenges faced by Americans, the importance of Bitcoin as a solution, the potential future of America on a Bitcoin standard, the need for government accountability, and the power of education and hope through Bitcoin. Takeaways Ryan Matta shares his journey into the Bitcoin community and his experience with mining Ethereum. He discusses the current state of America, highlighting issues such as corruption, high taxes, and the erosion of property rights. Ryan believes that Bitcoin can restore property rights and provide a solution to the broken money system. He mentions El Salvador as a role model for embracing Bitcoin and restoring property rights. Ryan expresses his concerns about the future of America and the need for a leader who will prioritize the well-being of the people. Foreign nationalists have influence on the board of directors of American companies, which can impact policies and decision-making. Government and billionaire control can lead to censorship and the suppression of honest opinions. Many Americans are facing economic challenges and struggling to make ends meet. Bitcoin offers hope and the potential for a better future by providing an alternative to the broken fiat currency system. A Bitcoin standard in America could lead to a more accountable and responsible government. Education about Bitcoin is crucial for individuals and families to secure their financial future. The power of hope and the desire to leave a better world for future generations drives the adoption of Bitcoin. Russia may be the last entity to cling onto power in a hyper-Bitcoinized world due to its protection of property rights and relatively high standard of living. Chapters 00:00 Internet Quality for Podcasting 05:14 Concerns About the State of America 23:04 El Salvador: Embracing Bitcoin 29:33 The Importance of Freedom of Speech on Social Media 36:16 Bitcoin: A Solution to Inflation and the Need for Sound Money 43:06 The Future of America on a Bitcoin Standard 51:16 The Power of Filmmaking and Documentaries 01:01:00 The Biased Reaction of Mainstream Media
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Apr 22, 2024 • 58min

Will Bitcoin change society fundamentally? | Mike Molnar

Will there be always fiat? What would be the last fiat bastion to fall? What a banger of an Episode! Loved the lively conversation with Mike:) Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - visit: https://robinbtc.link/bitbox Ever visited the best Bitcoin-only conference? Come join me at BTC Prague! - Get a 10% discount with code "ROBIN" - or visit: ⁠https://robinbtc.link/Prague Where to buy Bitcoin? I personally use 21bitcoin! - Save fees with my code "ROBIN" - or visit: ⁠https://robinbtc.link/21bitcoin Summary The conversation explores the historical significance of Bitcoin and potential threats to its success. The guest compares Bitcoin's impact to inventions like gunpowder, gold, and electricity, highlighting its potential to improve the human race. They discuss possible risks, such as a catastrophic event or a hack of the SHA-256 algorithm, but conclude that these threats are unlikely. The guest emphasizes the importance of patience in Bitcoin adoption and cautions against chastising those who are not fully committed. They also discuss the role of banks in a Bitcoin-dominated future and the stickiness of fiat currency. The conversation concludes with a discussion on the potential societal changes that could occur with widespread Bitcoin adoption. Bitcoin changes incentives and imposes costs, potentially leading to more diplomatic solutions and less aggression among nations. The adoption of Bitcoin could impact society fundamentally by changing cultural values and work ethic. The guest's personal discovery of Bitcoin was accidental but aligned with his Austrian economics mindset. The law is the lowest form of acceptable human behavior, and Bitcoin can remove the cultural pattern of high time preference. The last bastion of fiat to fall could be the government or central banks, while local banks may embrace Bitcoin earlier. Takeaways Bitcoin's historical significance could be comparable to inventions like gunpowder, gold, and electricity. While there are potential risks to Bitcoin, such as catastrophic events or algorithm hacks, these threats are unlikely. Patience is key in Bitcoin adoption, and it's important not to chastise those who are not fully committed. Banks may play a role in a Bitcoin-dominated future, offering services like lending and custody. Fiat currency is likely to persist alongside Bitcoin, as it is enforced by governments and has stickiness in terms of convenience. Bitcoin adoption could lead to changes in societal incentives and the cost of certain actions, potentially reducing conflicts and promoting a new Belle Epoque. Bitcoin changes incentives and imposes costs, potentially leading to more diplomatic solutions and less aggression among nations. The adoption of Bitcoin could impact society fundamentally by changing cultural values and work ethic. The guest's personal discovery of Bitcoin was accidental but aligned with his Austrian economics mindset. The law is the lowest form of acceptable human behavior, and Bitcoin can remove the cultural pattern of high time preference. The last bastion of fiat to fall could be the government or central banks, while local banks may embrace Bitcoin earlier. Chapters 00:00 The Historical Significance of Bitcoin 07:21 The Role of Banks in the Bitcoin Ecosystem 15:12 The Future of Self-Custody 35:30 The Role of Law in Society: Understanding the Current Legal System 53:34 The Last Bastion of Fiat to Fall: Government or Central Banks?

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