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TFTC: A Bitcoin Podcast

#272: Evergrande, sovereign debt, and the convergence of bitcoin + the energy sector with Greg Foss

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8764 Ratings

🗓️ 23 September 2021

⏱️ 71 minutes

🧾️ Download transcript

Summary

Join Marty as he sits down with Greg Foss the boss, of Validus Power, to discuss:

- The ongoing Evergrande situation

- Will its collapse cause contagion?

- Is it similar to Lehman?

- Global supply chain issues

- Bitcoin + Energy

- much more

Follow Greg on Twitter

Shoutout to this week's sponsors.

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Transcript

Click on a timestamp to play from that location

0:00.0

What is up, Frieces, your boy Marty Ben, here to introduce this episode of Tales from the Crypt.

0:06.8

A Bitcoin podcast. I sat down first time at a long time with Greg Foss, the boss, Canadian hero,

0:16.3

expert of credit markets, sovereign credit markets.

0:22.4

And a bitcoiner who's getting into the energy space as well, helping facilitate the

0:28.8

merging of the energy sector and the Bitcoin mining sector.

0:31.5

It's a beautiful thing to see.

0:32.4

We had a great conversation.

0:33.3

We talked about Evergrand, the state of credit in the world, how the fiat collapse is accelerating,

0:42.5

how energy and Bitcoin are merging, and much more.

0:46.8

I hope you guys enjoy this trip was brought to you by our good friends at the mother fucking

0:50.3

Cachap. Cashap's here to help you stack

0:58.4

sats, send sats, receive sats, sell sats, if you so please.

1:01.0

We're saying sats, sats, sats, sats, because sats are the standard.

1:04.7

There's 100 million sats in one whole Bitcoin.

1:07.3

You don't have to stack whole Bitcoin.

1:08.2

You don't have to stack a whole fraction, or excuse me, a fraction of a Bitcoin. You can stack whole sats instead.

1:13.1

Cash app makes it very easy. You can DCA into stats. That's dollar cost average.

1:17.0

You set a set amount on the cadence that you want. The cadence available on cash app is daily,

1:20.8

weekly, or biweekly. And you set it and forget it and you stack sats in the background. On top of that, cash app can be your bank account. They're offering account numbers and routing numbers. You can get your paycheck's direct deposited into the app.

1:31.5

It's becoming a new bank, another cash card, except that anywhere visa is accepted with their boost

1:35.7

program. Sometimes you get sats back on that. I did last week at dinner. What else is going on here?

1:41.9

That's it. If you haven't downloaded the cash app, make sure you do so using the code stacking sats.

...

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