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The Culture War Podcast with Tim Pool

$100,000 Bitcoin, Becoming A Bitcoin Millionaire, The END Of The Dollar

The Culture War Podcast with Tim Pool

Timcast Media

Society & Culture, News

4.8646 Ratings

🗓️ 13 December 2024

⏱️ 124 minutes

🧾️ Download transcript

Summary

Tim joins Ben Askren, Jack Mallers, & Ben Werkman to discuss the future of Bitcoin and the collapse of the US Dollar.

 

Host:
Tim Pool @Timcast (everywhere)

Guest:
Ben Askren @BenAskren (X)
Jack Mallers @JackMallers (X)
Ben Werkman @BenWerkman (X)

Producers: 
Lisa Elizabeth @LisaElizabeth (X)
Kellen Leeson @KellenPDL (X)

Transcript

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0:00.0

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1:02.4

Indeed.com slash show. Terms and conditions apply. So a few years ago, Bitcoin spiked to around $20,000.

1:12.6

And everyone in the grandma was rushing to buy as much as they could.

1:16.6

People mortgaged their homes to purchase Bitcoin.

1:19.6

And then shortly after that, it dropped down to like 13, and all of these people panicked, not literally everybody,

1:25.6

but a lot of these people panicked and sold everything

1:27.9

and said it was a mistake. I can't believe I fell for this. Now I'm in debt. And now Bitcoin is at

1:32.8

$100,000. So lesson learned, I hope, for the people who bought and just said, I'm chill, we'll just

1:38.4

sit back and wait and not panic. They just got a 5x return on their investment.

1:46.1

Bitcoin has consistently done this,

1:47.1

and anybody's been paying attention,

1:50.2

knows that, I'll just put it this way, guys.

1:53.7

You know, my one regret is knowing about Bitcoin since 2011 and not just using it as a bank account, essentially.

1:56.8

If every time I got a paycheck,

1:58.3

I bought Bitcoin instead of putting it in the bank,

...

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