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Freedomain with Stefan Molyneux

5829 DEEPSEEK! Hype or Real?

Freedomain with Stefan Molyneux

Stefan Molyneux

Economics, Anarchism, Stefan, News & Politics, Atheist, Higher Education, Religion & Spirituality, Stephen, Government, God, Philosophy, Violence, Freedomain, Rogan, Ron, Society & Culture, Radio, Paul, History, Liberalism, Libertarian, Capitalism, Market, Molyneux, Anarchy, Free, Classical, Family, Freedom, State, Joe, Podcast, Atheism, Stephan, Education, Podcasts

4.62.4K Ratings

🗓️ 29 January 2025

⏱️ 43 minutes

🧾️ Download transcript

Summary

THIS IS THE KIND OF CONTENT FREEDOMAIN SUBSCRIBERS ARE GETTING!

FLASH Freedomain Donor Only Livestream 27 January 2025

In this episode, I examine the recent decline in Bitcoin prices alongside the impact of the Chinese AI startup DeepSeek, which claims to deliver advanced AI at significantly lower costs than U.S. competitors. Bitcoin's drop from 150k to 140k CAD underscores the cryptocurrency's volatility, reflecting broader market concerns about emerging players and potential manipulation.

I highlight DeepSeek's cost-effective model training and its challenge to established tech firms, raising questions about the future of companies like NVIDIA. Despite these disruptions, I affirm Bitcoin's role as a secure, decentralized asset and stress the importance of a long-term investment perspective amid ongoing technological transformations.

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Transcript

Click on a timestamp to play from that location

0:00.0

Hi, everybody. It is the 27th. And so let me, let me tell you how I found out about the Bitcoin

0:07.8

crash. Man, that was something else. What did it? Like Canadian? What was it cruising? It was cruising

0:12.3

at like 150 and then it went down to like 140. So at a 10K drop. Now, a 10K drop mattered a lot when it was 20K.

0:21.8

It matters, of course, a whole lot less.

0:23.8

But it was, we dropped about 10K.

0:27.2

Now it's climbed back up to, so it went from 150 to 140.

0:31.0

Now it's climbed back up to 146 and change.

0:34.5

And I found out about this because, I don't know, I've been hit with the strangest bug known

0:39.1

to man. My daughter definitely had just a regular old flu. I mean, I assume that I have it.

0:43.5

I don't know what's going on. I was kind of like half and half. I do this nose irrigation stuff,

0:47.5

so it tends to ward off this stuff. But I was kind of like, am I ill? Am I not? Am I okay?

0:53.3

Am I not? And then it basically just, I just woke up exhausted on Saturday and spent like the day on the

1:00.8

couch, just kind of, you know, when you're half in, half out.

1:03.5

And you just, for me, it feels like there's just a thousand lead balloons hanging off

1:09.1

every neuron is just kind of dragged down.

1:12.0

And then I slept at night.

1:13.3

And then yesterday I did shows and I did a call-in show in the afternoon.

1:17.3

And I felt back to 80% and back to 90%.

1:20.4

But I've got digestive issues.

1:22.1

I don't have a sore throat.

1:24.3

I don't have a cough, really.

1:26.0

I'm sneezing.

...

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