Robin Seyr

Robin Seyr
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Apr 21, 2024 • 1h 1min

It's just a matter of time till BTC reach $1M | Nicholas Bridgewater

Hard to imagine, but there is a clear path to a $1M Bitcoin and even a $10M Bitcoin. This episode isn't about price, it's all about fundamental adoption, which then leads to price action. 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/Nicholas19 Summary Bitcoin reaching $1 million depends on factors like halving, ETFs, and institutional adoption. The halving event brings down the overall inflation rate of Bitcoin and increases its stock-to-flow ratio. Institutional adoption, especially through ETFs, allows traditional financial institutions to invest in Bitcoin. The infinite feedback loop and financial singularity contribute to Bitcoin's increasing value and demand. Psychological milestones like $100k can trigger FOMO and attract more capital. The devaluation of the US dollar and inflation play into Bitcoin's long-term trajectory. Bitcoin is on a path to hyper Bitcoinization, and all currencies may trend towards zero unless backed by Bitcoin. The conversation explores the potential impact of central bank digital currencies (CBDCs) on Bitcoin adoption. It is suggested that CBDCs could actually accelerate Bitcoin adoption by highlighting the flaws of the fiat system, such as increased monitoring, control, and devaluation. The concept of financial singularity is discussed, where all monetary assets converge on a single store of value. Bitcoin is seen as the ultimate store of value that cannot be controlled or debased. The consequences of financial singularity include a return to a golden age of hard money, a focus on quality over quantity, and a shift towards long-term planning and preservation of wealth. Takeaways Bitcoin reaching $1 million depends on factors like halving, ETFs, and institutional adoption. The halving event brings down the overall inflation rate of Bitcoin and increases its stock-to-flow ratio. Institutional adoption, especially through ETFs, allows traditional financial institutions to invest in Bitcoin. The infinite feedback loop and financial singularity contribute to Bitcoin's increasing value and demand. Psychological milestones like $100k can trigger FOMO and attract more capital. The devaluation of the US dollar and inflation play into Bitcoin's long-term trajectory. Bitcoin is on a path to hyper Bitcoinization, and all currencies may trend towards zero unless backed by Bitcoin. CBDCs could potentially accelerate Bitcoin adoption by highlighting the flaws of the fiat system. Financial singularity is the convergence of all monetary assets on a single store of value. Bitcoin is seen as the ultimate store of value that cannot be controlled or debased. Financial singularity could lead to a return to a golden age of hard money and a focus on quality over quantity. Bitcoin enables long-term planning and preservation of wealth. Chapters 00:00 Introduction and Background 00:07 The Halving: A Starting Point for Each Cycle 04:29 Institutional Adoption and the Financial Singularity 08:40 The Infinite Feedback Loop: Increasing Demand and Supply Shocks 21:42 Inflation and the Long-Term Trajectory of Bitcoin 30:31 The Potential Impact of CBDCs 44:22 Financial Singularity 50:46 Consequences of Financial Singularity
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Apr 20, 2024 • 57min

Bitcoin never does what you expect | Nicolò Zuccarelli

Will there be a supercycle for BTC? Don't try to time the market - Everything can happen in the short term. Nicolò is now focusing 100% on Bitcoin, and it was a pleasure having him on. We also discussed the fundamental Questions, what a Bitcoiner actually is. 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://www.linkedin.com/in/nicolò-zuccarelli-caia-23366174 Summary In this conversation, Robin Seyr and Nicolo discuss the characteristics of a Bitcoiner, the barriers to Bitcoin adoption, the potential impact of Bitcoin on society, the integration of Bitcoin in financial systems, the concept of Bitcoin bonds, the possibility of a super cycle, and the future of Bitcoin adoption in Italy. Takeaways A Bitcoiner is someone who takes initiative, is proactive, and actively works towards building a better future for themselves and their families. The main barrier to Bitcoin adoption is education, as many people are hesitant to invest the time to understand how Bitcoin works. Bitcoin has the potential to bring back important values in society, such as a focus on relationships, family, and sound money. The integration of Bitcoin in financial systems, such as through ETFs and bonds, is a significant milestone in Bitcoin adoption. The future of Bitcoin adoption may follow a cyclical pattern, but the increasing involvement of institutions and nation states could lead to a longer-term upward trend. The Bitcoin community in Italy is growing, with active individuals and organizations spreading awareness and knowledge about Bitcoin. Chapters 00:00 Recording Podcasts with Riverside 06:16 Bitcoin's Impact on Society 22:54 Exploring Bitcoin Bonds 32:26 Bitcoin Mining and Energy Companies 43:29 The Potential for a Super Cycle in Bitcoin's Price 50:54 Staying Invested in Bitcoin
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Apr 19, 2024 • 1h 5min

Bitcoin fixes our money habits | Analys Falchuk

It's so vital to our lives that we not only maximize our income but also look at our spending habits. If you save more money, you have more capital to deploy, or more time with your family. Analys makes a great observation, and has an interesting new company! 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/AnalysFalchuk Summary Millennials, especially those in their 20s, are struggling with finances due to overspending and lack of financial education. Existing personal finance management tools are not effective in helping millennials stick to budgets and analyze their financial data. Analys is developing an AI-based platform called Felipa to help millennials analyze their personal finance, create budget plans, and provide guidance. The platform connects all bank accounts, uses chat to gather data on lifestyle and financial goals, and creates customized budget plans. It also provides virtual cards to stick to budgets and offers reminders and personalized insights. In this conversation, Analys shares her experience of living on a regenerative farm and the importance of understanding money. She emphasizes the need to start conversations about money and challenge the conventional ideas of what money is and how it should work. Analys also discusses her work with Filippa, a personal finance management platform, and her role in the Bitcoin industry. She envisions a future where Bitcoin adoption is widespread and people can easily use Bitcoin for everyday transactions. Takeaways Millennials in their 20s are struggling with finances due to overspending and lack of financial education. Existing personal finance management tools are not effective in helping millennials stick to budgets and analyze their financial data. Analys is developing an AI-based platform called Felipa to help millennials analyze their personal finance, create budget plans, and provide guidance. Felipa connects all bank accounts, uses chat to gather data on lifestyle and financial goals, and creates customized budget plans. The platform also provides virtual cards to stick to budgets, offers reminders, and provides personalized insights. Start conversations about money and challenge conventional ideas Bitcoin adoption requires understanding the properties of money Filippa aims to help people manage their personal finances Analys provides consulting services in the Bitcoin industry Bitcoin adoption will lead to a more casual and widespread use of Bitcoin Chapters 00:00 The Problem of Bad Money Habits 14:23 The Potential Impact of a Bitcoin Standard 24:25 Journey of Entrepreneurship 25:50 Solving Problems in the Bitcoin Industry 28:12 Bitcoin as a Payment Solution 30:36 Expanding to Cross-Border Payments 31:35 Contributing to the Bitcoin Industry 35:17 Understanding Money and the Potential of Bitcoin 39:55 The Future of Bitcoin Adoption
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Apr 18, 2024 • 58min

Mind-blowing what BTC does to your brain | Jason Hagenow

By making the mental mind shift to Bitcoin as a unit of account, he is providing a great incentive to his tenants. Love what he is doing, and where his Bitcoin passion is coming from. 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/jshagenow Summary In this conversation, Jason Hagenow shares his experience with his first Bitcoin transaction and how his view of Bitcoin has evolved over the past few years. He discusses the importance of doing thorough research and learning from mistakes in the altcoin market. Jason also talks about his shift in mindset towards valuing businesses and property in Bitcoin terms. He shares his plans to speak at an event about Bitcoin and property management, as well as his incentive structure for residents to pay rent in Bitcoin. Jason envisions a future where the real estate market transitions to a Bitcoin standard. Jason Hagenow discusses the potential of using Bitcoin in the real estate industry and its impact on the economy. He suggests a methodical transition to Bitcoin, rather than a sudden shift, to avoid chaos. He believes that Bitcoin can make housing more affordable and help solve homelessness in the long run. However, he acknowledges the concern of wealth consolidation and emphasizes the importance of distributing Bitcoin to as many people as possible. He compares Bitcoin to the Highlander, stating that it will be the only way to communicate value in the future. Chapters 00:00 First Bitcoin Transaction and Shifting Views 02:38 Bitcoin's Impact on Altcoins and Learning from Losses 05:40 The Ever-Evolving Bitcoin and Continuous Learning 10:06 Valuing Businesses in Bitcoin Terms and Property Management 17:55 Speaking Engagement on Bitcoin and Property Management 19:47 Incentivizing Rent Payment in Bitcoin 20:46 The Future of Bitcoin and Property Management 28:26 Encouraging Bitcoin Adoption in the Real Estate Market 29:49 The Potential Impact of a Bitcoin Standard on Real Estate 32:58 A Methodical Transition to a Bitcoin Standard 35:42 Bitcoin's Role in Making Housing More Affordable 43:33 Bitcoin and the Enforced Free Market 54:37 The Redistribution of Bitcoin Wealth over Time
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Apr 17, 2024 • 48min

Why you should start buying your Bitcoin P2P | Štěpán Borovka

Is it paying off to go through the No-KYC and P2P hustle? Štěpán is one of the best guests to have on this topic, loved our conversation! 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/borovka_ Summary The conversation explores the importance of non-KYC peer-to-peer transactions and privacy in the Bitcoin space. The guest, Štěpán Borovka, emphasizes the need for non-KYC options due to increasing regulations and the potential risks of centralized exchanges. He discusses the different mindsets and adoption of non-KYC in various countries, highlighting the importance of education and knowledge about the consequences of KYC. Štěpán also shares insights into the Wexel app, a peer-to-peer Bitcoin marketplace, and the role of Satoshi Labs in promoting Bitcoin adoption. The conversation concludes with a discussion on the future of Bitcoin and the importance of holding Bitcoin for family members. Chapters 00:00 The Bitcoin Black Conference and Non-KYC Peer-to-Peer Exchanges 04:06 Differences in Adoption of Non-KYC vs KYC Exchanges 09:07 Regulatory Forces and the Future of Peer-to-Peer Exchanges 13:55 The Importance of Non-KYC Mindset and Educating Others 21:38 Štěpán Borovka's Journey into Bitcoin and Staying Optimistic 29:26 The Shift to a Bitcoin Standard and the Role of Younger Generations 32:16 The Companies Under Satoshi Labs and the Importance of Community 36:20 The Intersection of Sports and Bitcoin 37:12 The Most Important and Interesting Topics in the Bitcoin Community 43:29 Standing for Family and the Future of Bitcoin 47:43 Conclusion and Contact Information
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Apr 16, 2024 • 41min

The fiat system is draining all your energy | Roselyne Wanjiru

How is the Bitcoin adoption in Keyna? Why is fiat debt so bad for all of us, and why is a sound money standard the solution? 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 Guests Twitter: https://twitter.com/WRoselyne_ Summary Bitcoin is important for Africans, especially Kenyans, as a hedge against inflation and currency depreciation. The Kenyan shilling has lost its purchasing power over the years, leading to financial instability and social unrest. Real estate prices in Nairobi have skyrocketed, making it unaffordable for the average person. Bitcoin offers an alternative store of value that is not tied to violence or land disputes. It has the potential to demonetize real estate and make housing more affordable. Education about Bitcoin is crucial to overcome misconceptions and hurdles. Austrian economics is popular among Bitcoiners and provides a framework for understanding the flaws of the current economic system. El Salvador's adoption of Bitcoin is seen as a positive step, but governments may still try to revert to a gold standard. Privacy and security are important for Bitcoiners, especially as fiat currencies collapse. Bitcoiners should also focus on onboarding their loved ones to Bitcoin. Education and accountability will be key in the future of governance and the adoption of Bitcoin. Takeaways Bitcoin is seen as a hedge against inflation and currency depreciation in Kenya, where the Kenyan shilling has lost its purchasing power over the years. Real estate prices in Nairobi have skyrocketed, making it unaffordable for the average person, but Bitcoin has the potential to demonetize real estate and make housing more affordable. Education about Bitcoin is crucial to overcome misconceptions and hurdles, such as the belief that Bitcoin offers daily returns or quick wealth. Austrian economics is popular among Bitcoiners and provides a framework for understanding the flaws of the current economic system. El Salvador's adoption of Bitcoin is seen as a positive step, but governments may still try to revert to a gold standard. Privacy and security are important for Bitcoiners, especially as fiat currencies collapse. Bitcoiners should focus on onboarding their loved ones to Bitcoin and caring for their financial well-being. Education and accountability will be key in the future of governance and the adoption of Bitcoin. Chapters 00:00 The Importance of Bitcoin in Kenya 06:30 Dispelling Misconceptions About Bitcoin 11:41 The Role of Austrian Economics in Understanding Bitcoin 18:24 The Potential Collapse of Fiat Currencies 21:53 The Future of Governments in a Bitcoin World 23:26 The Importance of Safety and Privacy for Bitcoiners 28:01 Bitcoin as a Source of Hope and a Better Future 31:36 The Power of Education in Bridging the Gap 37:28 Transparency and Accountability in Bitcoin and Government 39:39 The Adoption of Bitcoin in El Salvador and the Future of Governments
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Apr 15, 2024 • 56min

El Salvador is the Role model for BTC Adoption | Quentin Ehrenmann

Should we just pack our bags, and go to El Salvador? Is Bitcoin Country waiting for us? What does it take to live in El Salvador, and why is it the perfect example for global nation-state adoption? 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 Guests contact: https://twitter.com/quentin_btcb Summary Quentin shares his experience of leaving France and traveling to El Salvador, highlighting the concept of self-sovereignty and the freedom that Bitcoin provides. He discusses his initial skepticism of El Salvador's legal tender law but later realizes its positive impact on Bitcoin adoption. Quentin also talks about the growing optimism and entrepreneurial spirit in El Salvador compared to Western countries. He emphasizes the importance of spending Bitcoin for the circular economy to thrive and achieve self-sovereignty. Quentin's work with Mi Primer Bitcoin and Bitcoin Beach in El Salvador involves funding social projects, organizing events, and providing Bitcoin education. The Node Network is an open-source Bitcoin education initiative that aims to promote self-sovereignty and financial freedom. Bitcoin communities from around the world come together to share their achievements and collaborate on teaching others about Bitcoin. The network provides resources, translations, and a directory for each community to showcase their work. The open-source nature of the network allows for the sharing of educational materials, benefiting not only the node network but the entire world. The growth of the network is expected to accelerate Bitcoin adoption. Takeaways Self-sovereignty means having the freedom of choice, speech, and movement, which Bitcoin enables by allowing individuals to travel with their wealth without restrictions. Quentin left France due to his disillusionment with the government's response to COVID and the societal pressure to conform. He found a more optimistic and entrepreneurial environment in El Salvador. El Salvador's legal tender law, although initially skeptical, has provided a legal framework for Bitcoin to be used and has sparked grassroots Bitcoin education initiatives like Mi Primer Bitcoin. Spending Bitcoin is crucial for the circular economy to thrive and for individuals to achieve self-sovereignty. Quentin's work with Mi Primer Bitcoin and Bitcoin Beach focuses on funding social projects and providing Bitcoin education in El Salvador. The Node Network is an open-source Bitcoin education initiative that promotes self-sovereignty and financial freedom. Chapters 00:00 Exploring Self-Sovereignty and Freedom 02:47 Choosing Mexico and Discovering El Salvador 04:02 Exploring El Salvador and Bitcoin Adoption 07:47 El Salvador as a Role Model for Bitcoin Adoption 10:01 Changing Dynamics and Game Theory 14:17 El Salvador's Potential and Government's Bitcoin Holdings 18:46 Shift in Perspective on Bitcoin 20:38 Importance of Spending Bitcoin for Adoption 22:41 Involvement in Bitcoin Education and Projects 23:36 Beach Soccer Tournament and Infrastructure Projects 24:33 Involvement with Mi Primer Bitcoin and the Node Network 26:00 Building a Self-Governing and Decentralized Network 27:16 The Power of Collaboration in Bitcoin Communities 29:05 Bitcoin Adoption and Quentin's Personal Setup 35:28 The Journey to Sound Money and the Challenges Ahead 44:21 Imagining the World with Sound Money 50:10 Quentin's Passion for Carpentry and Building Furniture 51:26 Marketing and Packaging Bitcoin Education for a Smooth Transition 53:19 The Importance of Open-Source Bitcoin Education
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Apr 14, 2024 • 1h 4min

Unbanked I discovered the Power of Bitcoin | Josias Carbon

Coach Carbon got kicked out of his bank. The bank he has been since he was 10 years old! Good that he already had Bitcoin, and then discovered the real strength of it. 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 Guests Twitter: https://twitter.com/JosiasCarbon Summary The conversation explores the connection between sports, football, and Bitcoin. The guest shares his experience of participating in Bitcoin conferences and organizing events that combine football and Bitcoin. They discuss the synergies between sports and Bitcoin, emphasizing the importance of proof of work and the correlation between training and performance. The guest also shares his personal journey of discovering Bitcoin and how it influenced his career and lifestyle. They touch on the challenges faced by Bitcoiners in the traditional banking system and the potential societal impact of Bitcoin adoption. The conversation explores the intersection of Bitcoin and football, emphasizing the power of connecting Bitcoin with people's passions. The guest shares his journey of using football as a medium to spread the message of Bitcoin and promote adoption. They discuss the importance of education and critical thinking in the Bitcoin space, as well as the challenges of misinformation and scams. The guest also highlights the value of Bitcoin-only meetups and conferences for networking and learning. The conversation concludes with a discussion on the future of Bitcoin adoption and the need for continued education and understanding. Takeaways There are synergies between sports, football, and Bitcoin, with proof of work and training being key elements in both. Bitcoin can have a positive impact on health and wellness by encouraging delayed gratification and self-improvement. Understanding Bitcoin can lead to a better understanding of personal finance and the flaws of the traditional banking system. Bitcoin adoption is growing, and ease of use and education are key factors in driving adoption. Bitcoin has the potential to bring about significant societal changes, including financial empowerment and a shift away from the traditional fiat system. Bitcoin can be connected with people's passions, such as football, to promote adoption and spread the message. Education and critical thinking are crucial in the Bitcoin space to combat misinformation and scams. Bitcoin-only meetups and conferences provide valuable networking and learning opportunities. The biggest challenge for Bitcoin adoption is the understanding of its value and potential. Continued education and understanding are essential for the future of Bitcoin adoption. Chapters 00:00 Introduction and Bitcoin Conferences 09:44 Bitcoin's Influence on Health, Wellness, and Personal Finance 32:08 Connecting Bitcoin with Passion: The Power of Football 39:20 Bitcoin Fixes This: Spreading the Message 50:25 Bitcoin-only Meetups and Conferences: Networking and Learning 58:31 The Challenge of Understanding Bitcoin's Value
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Apr 13, 2024 • 1h 9min

Nobody will be able to stop Bitcoin | Mike TCB

Bitcoin is forcing the USA to be American again, There is a reason why there is a BTC ETF and not a Dog with hat ETF, We are printing a trillion Dollars every 100 days! 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 Bitcoin is seen as a force that can restore American ideals and export them to the world. It aligns with the principles of life, liberty, and property, and can protect freedom of speech, bear arms, and property rights. Bitcoin also challenges the power of governments and central banks, offering a censorship-resistant and unconfiscatable alternative. The introduction of CBDCs may not solve the problems of fiat currencies and could actually exacerbate them. Bitcoin's impact on society and political systems is uncertain, but it empowers individuals and challenges the monopoly on money held by governments. The big takeaway from the conversation is the urgency to address the national debt and the potential bankruptcy of the United States. Bitcoin is seen as a solution to this problem. The conversation also highlights the importance of spreading the message of Bitcoin to friends and family, as well as the broader population. It is emphasized that every Bitcoin conversation is valuable, as people come to Bitcoin from different perspectives and curiosities. The conversation also touches on the scalability of Bitcoin and the need for payment solutions, as well as the distinction between Bitcoin and altcoins. Takeaways Bitcoin can restore American ideals and export them globally It aligns with principles of life, liberty, and property Bitcoin challenges the power of governments and central banks CBDCs may not solve the problems of fiat currencies Bitcoin empowers individuals and challenges the monopoly on money The national debt of the United States is a major national security threat and Bitcoin is seen as a solution to this problem. Spreading the message of Bitcoin to friends, family, and the broader population is crucial in building a stronger network and protecting against monetary debasement. Every Bitcoin conversation is valuable, as people come to Bitcoin from different perspectives and curiosities. Scalability of Bitcoin and the need for payment solutions are important areas of study and development. Bitcoin is distinct from altcoins, as it solves the problem of broken money and provides a store of value that cannot be confiscated or debased. Chapters 00:00 Bitcoin and American Ideals 02:25 Bitcoin and American Rights 04:21 Bitcoin and the Constitution 05:47 Bitcoin's Perception in America 06:43 Bitcoin's Perception in Other Countries 09:51 Bitcoin's Impact on Political Systems 13:59 Bitcoin vs. Central Bank Digital Currencies (CBDCs) 22:05 Bitcoin ETF and the Possibility of a Super Cycle 31:38 Learning from Podcasts 32:52 Understanding the National Debt 34:38 Spreading the Bitcoin Message 35:58 The Importance of Bitcoin Conversations 38:41 The Inevitable Failure of Fiat Currency 39:15 The Role of Bitcoin Advocates 41:08 The End of Fiat Currency 44:17 The Accelerating Failure of Fiat Currency 46:34 The Need to Educate Others about Bitcoin 47:32 The Importance of Personal Outreach 48:55 The Slow Adoption of Bitcoin in Personal Circles 49:32 The Potential of Altcoins 55:08 The Value of Altcoins as Experiments 57:03 Handling the Noise in a Bull Market
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Apr 12, 2024 • 1h 2min

Ordinary People suffer the most without Bitcoin | Marko Benovic

Why is Bitcoin inevitable? What impact will it have on greater society? Why is it beneficial for humanity, when fiat dies? So many great topics we discussed today with Marko Benovic - Loved the conversation! 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 Bitcoin is seen as innovative and inevitable due to its underlying traits that are conducive to human behavior and the way we transact value. It is considered the safest bet for the future and the best way to protect oneself. The connection between Darwin and Bitcoin lies in the parallel between Bitcoin as the base layer of certainty for transferring value and DNA as the base layer of life. Bitcoin is not in competition with other cryptocurrencies, as they do not offer the same traits and cannot become money. The biggest competition to Bitcoin is the next version of Bitcoin that may emerge in the future. The transition to a sound money standard may require a significant event or pain, but it is hoped that it will be peaceful. Marko Benovic discusses the future of fiat currency and the potential transition to a Bitcoin standard. He believes that fiat currency will still be around in some form, possibly linked to Bitcoin or gold, but hopes to see the end of fiat by the end of the century. He acknowledges the challenges and risks that Bitcoin may face, such as the 51% attack and government regulations, but remains optimistic about its long-term potential. Benovic also shares his thoughts on Bitcoin ETFs, emphasizing the importance of self-custody and the potential risks of centralization. Takeaways Bitcoin is considered innovative and inevitable due to its underlying traits that are conducive to human behavior and the way we transact value. Bitcoin is seen as the safest bet for the future and the best way to protect oneself. There is a parallel between Bitcoin as the base layer of certainty for transferring value and DNA as the base layer of life. Bitcoin is not in competition with other cryptocurrencies, as they do not offer the same traits and cannot become money. The biggest competition to Bitcoin is the next version of Bitcoin that may emerge in the future. The transition to a sound money standard may require a significant event or pain, but it is hoped that it will be peaceful. Fiat currency may still exist in some form in the future, possibly linked to Bitcoin or gold, but the hope is to see the end of fiat by the end of the century. Bitcoin may face challenges and risks, such as the possibility of a 51% attack and government regulations, but its decentralized nature and strong code make it resilient. Bitcoin ETFs can positively impact the price of Bitcoin and increase interest, but it's important to be cautious about the centralization of custody and the potential for censorship. Self-custody is advocated as the best way to fully unlock the potential of Bitcoin and ensure direct access to the layer one protocol. Chapters 00:00 Introduction and Bitcoin's Inevitability 03:00 The Connection Between Darwin and Satoshi 07:05 Bitcoin vs. Altcoins 09:58 Bitcoin's Biggest Competition 11:46 The Transition to Sound Money 13:32 The Light Bulb Moment for Understanding Bitcoin 23:41 The Future of Bitcoin Adoption 27:30 The Fall of Fiat and the Rise of Bitcoin 28:15 The Longevity of the Fiat Monetary System 29:36 The Sustainability of the Fiat System 34:31 The Potential Impact of Bitcoin ETFs 36:57 Threats and Risks to Bitcoin 40:27 The Power of Bitcoin's Narrative 46:16 The Role of Bitcoin ETFs 56:52 Bitcoin as a Medium of Exchange 01:00:08 The Transition to Bitcoin Payments 01:00:34 Closing Remarks

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