#556: How To Hold On To Generational Wealth with Will Tanner
TFTC: A Bitcoin Podcast
Marty Bent
4.8 • 764 Ratings
🗓️ 13 November 2024
⏱️ 83 minutes
🧾️ Download transcript
Summary
Marty sits down with Will Tanner to discuss the aftermath of Trump's victory and lessons to be learned from old money families.
Will on Twitter: https://x.com/Will_Tanner_1
American Tribune: https://www.theamericantribune.news/
0:00 - Intro
1:20 - Trump’s victory proving the media obsolete
9:12 - Unsuccessful American color revolution
12:21 - Unchained & Coinkite
14:14 - What’s next and will we get rugged?
18:58 - MAHA is beautiful, socialism is ugly
25:46 - Immigration issues
31:55 - SOTE
33:27 - Lessons from El Salvador
37:09 - Easy money dissolves competence
42:30- Bitcoin
49:09 - Putting generational wealth to work
59:52 - Bill Gates & problems with philanthropy
1:06:44 - The values of the gentleman
1:11:43- Trump's tax plan and the history of the income tax
1:20:44- We’re gonna win with better propaganda
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Transcript
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| 0:00.0 | The Percy family had owned this estate since William the Conqueror or since any of the Plantagenet kings. |
| 0:06.0 | So they're not going to sell any acreage. They're not going to sell Holmwood Castle, which is where Harry Potter was filmed, because they've owned that castle for a thousand years. |
| 0:13.0 | Today's guest, Will Tanner, writer at American Tribune, reveals the hidden patterns of how old money families maintain wealth for generations and why Americans |
| 0:21.6 | keep failing at it. |
| 0:22.6 | Oh, I like Bitcoin. |
| 0:23.6 | I think it's really good as a store of value. |
| 0:26.6 | I think the problem with it is a currency you'd see under Trump a return of what you saw |
| 0:31.6 | under McKinley, which is American prosperity. |
| 0:33.6 | When capital gains and dividends are taxed at a lower rate than income, |
| 0:38.0 | that makes it impossible to ever catch up with the wealthy, |
| 0:40.8 | no matter how well you do, you just can't. |
| 0:50.8 | You've had a dynamic where money's become freer than free. |
| 1:00.0 | When you talk about a Fed just gone nuts, all the central banks going nuts. So it's all acting like safe haven. |
| 1:02.0 | I believe that in a world where central bankers are tripping over themselves to devalue their currency, Bitcoin wins. |
| 1:09.0 | In the world of fiat currencies, Bitcoin is the victor. |
| 1:12.6 | I mean, that's part of the bold case for Bitcoin. |
| 1:15.6 | If you're not paying attention, you probably should be. |
| 1:18.6 | What a day. |
| 1:22.6 | Oh yeah. |
| 1:23.6 | I'm going on two hours of sleep right now. I don't know about you. |
| 1:28.0 | Four. |
| 1:28.7 | Four. |
... |
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