69 - Asking the Questions: BTC & ETH | Preston Pysh
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 14 June 2021
⏱️ 125 minutes
🧾️ Download transcript
Summary
Bitcoiner Preston Pysh joins the Bankless Podcast to discuss Bitcoin and Ethereum and prove that there are high level conversations to be had between the two communities.
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Topics Covered:
0:00 Intro
5:50 Preston Pysh
8:17 Macro Value Investing
16:32 Moving to Bitcoin
21:22 The Last Free Market
26:13 Decentralized & P2P
29:32 Misconceptions
37:05 DeFi and Execution Risk
40:55 Ethereum Concerns
45:00 ETH’s Price Action
49:20 Protocol Consensus
53:54 Nodes
1:00:55 Work Vs. Stake
1:10:30 Clean Energy & Halvings
1:19:00 Issuance & EIP-1559
1:28:45 Currency and Blockspace
1:34:43 Risk-on vs Risk-off
1:38:24 Decentralized Finance
1:52:30 Preston Pitches ETH
1:56:06 David & Ryan Pitch BTC
2:00:40 On the Same Team
2:04:46 Closing & Disclaimers
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Resources:
Preston on Twitter:
https://twitter.com/PrestonPysh?s=20
The Investor’s Podcast Network:
https://www.theinvestorspodcast.com/
Bitcoin Fundamentals:
https://www.theinvestorspodcast.com/bitcoin-fundamentals/
Bitcoin & Bonds with Greg Foss:
https://www.theinvestorspodcast.com/bitcoin-fundamentals/bitcoin-and-bonds-greg-foss/
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures
Transcript
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| 0:00.0 | Welcome to Bankless, where we explore the front-tier of internet money and internet finance. |
| 0:18.2 | This is how to get started, how to get better, and how to front-run the opportunity. |
| 0:22.4 | This is Ryan Sean Adams. |
| 0:23.4 | I'm here with David Hoffman, and we're here to help you become more bankless. |
| 0:28.6 | David, this is the episode, Ethereum's and Bitcoiners have an adult conversation. |
| 0:34.5 | That's the goal. What do you think? Did we achieve it? |
| 0:37.2 | Yeah, Preston Pish is a Bitcoiner, and he often finds himself very much on the opposite side of the argument, |
| 0:43.8 | very much in the Twitter sphere. |
| 0:45.4 | It's very much emblematic of the Bitcoin versus Ethereum fights that you see on Twitter. |
| 0:50.5 | And I think this episode does a very good job, is when you get in front of these people |
| 0:54.9 | and you look at them face-to-face and you're in the same room with them, |
| 0:57.4 | those Twitter fights do not represent reality at all. |
| 0:59.5 | This was a fantastic conversation with Preston Pish, who is a very informed investor, |
| 1:04.3 | both in the legacy world and also now highly focused in on Bitcoin, |
| 1:08.4 | and he's also a content producer. |
| 1:10.0 | So that's always a fantastic time to get another content producer on the podcast |
| 1:13.9 | and makes podcasting very easy. |
| 1:16.0 | Yeah, I always find with these conversations, David, that's like, we agree on 90% of things. |
| 1:21.4 | We started there with all of the things that we agree with. |
| 1:25.2 | We talked about Fiat and plate stage credit cycles. |
| 1:29.0 | We talked about money printing. |
| 1:30.5 | We talked about the value of self-sovereign money and decentralization. |
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