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The Pomp Podcast

351: Roger Ver on Personal Freedom and Bitcoin

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.81.9K Ratings

🗓️ 1 August 2020

⏱️ 149 minutes

🧾️ Download transcript

Summary

Roger Ver is an early investor in Bitcoin and Bitcoin-related startups. He has been known as "Bitcoin Jesus" for his promotion of Bitcoin. In this conversation, we talked about Roger's background, the early days of Bitcoin, why the world needs a decentralized digital currency, what drove Roger to support Bitcoin Cash, how he has allocated his portfolio, and what it would take to change his mind. =============================== Did you know only 1% of day traders actually turn a profit? So why are so many of us mistaking picking stocks for serious investing? You can’t control the markets, but you can control your risks. So how do billionaire investors control their risk? They invest in blue-chip art. If that sounds unusual to you, you’re not alone. But the ultra-wealthy have been investing in art for centuries. And since 2000, art has outperformed the S&P by an incredible 180%. Just a few years ago, a single work sold for $450 million! Imagine...Being able to invest in the very same paintings as millionaires and billionaires, at a fraction of the cost. Masterworks.io is an exclusive platform that makes it as easy as trading stocks online. And the best part is: you don’t need to know anything about art. Their experts will create a custom portfolio to meet your investment needs. With Masterworks.io you don’t have to choose between big risks and big returns. Sign up today, select PODCAST and you can skip the 70,000 waitlist to get first dibs. Just go to www.masterworks.io and select PODCAST. Hurry, this offer expires =============================== The BTSE exchange allows you to trade confidently. They are the leader in futures, which means they are pioneering Futures 2.0. With BTSE, you can trade next-level futures: freely choose and combine your margin and settlement assets and trade with up to 100x leverage. You can also sign up for a BTSE Elite membership that gives you unbeatable discounts and bonuses across the BTSE Exchange, OTC platform, and more. Go to BTSE.com/pomp to get a 10% discount on your BTSE Elite membership. =============================== LVL is a mobile banking app that provides an integrated Bitcoin and traditional bank account experience for a flat $9 monthly fee. They have no trading commission like Coinbase and no hidden spread like Robinhood. Your cash is held in a private, FDIC-insured checking account and you can buy and sell Bitcoin as many times as you want and only pay the monthly $9 flat fee. Legendary Bitcoiners Jimmy Song and Willy Woo are already advisors and we liked it so much that we invested in the company. This is a no brainer and it will save you an incredible amount of money, so go sign up at lvl.co/pomp or use promo code "pomp". =============================== Pomp writes a daily letter to over 50,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language, while sharing opinions on various aspects of each industry. You can subscribe at https://www.pompletter.com

Transcript

Click on a timestamp to play from that location

0:00.0

What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp podcast, simply the best podcast out there. Let's kick this thing off.

0:10.6

Roger Vair is an early investor in Bitcoin and Bitcoin-related startups. He has been known as Bitcoin Jesus for his promotion of Bitcoin from the early days.

0:20.3

In this conversation, we talked about Roger's background, the early days of Bitcoin, why

0:25.5

the world needs a decentralized digital currency, what drove Roger to support Bitcoin

0:30.3

cash, how he has allocated his portfolio, and what it would take him to change his mind.

0:37.1

I really enjoyed this conversation with Roger, and I hope you do as well.

0:41.5

Before we get into this episode, though, I want to quickly talk about our sponsors.

0:45.3

The first is Masterworks.

0:47.3

Did you know that only 1% of day traders actually turn a profit?

0:50.9

So why are so many of us mistakenly picking stocks for serious investing?

0:54.3

You can't control the market, but you can control your risk.

0:57.3

Is it how to billionaire investors control their risk? They invest in blue chip art.

1:01.4

If that sounds unusual to you, you're not alone. But the ultra wealthy have been investing in art

1:05.5

for centuries. And since 2000, art has outperformed the S&P by an incredible 180%.

1:11.6

Just a few years ago, a single work sold for $450 million.

1:15.6

So imagine being able to invest in the very same paintings as millionaires and billionaires at a fraction of the cost.

1:20.6

That's what MasterWorks does.

1:22.6

They're an exclusive platform that makes it as easy as trading stocks online.

1:26.6

And the best part is, you don't need to know very much about art.

1:30.1

They have a team of experts that will help you create a customized portfolio to meet

1:33.4

your investment needs.

1:34.7

With Masterworks, not only can you own fractional shares of art, but you don't have to

...

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