#729 The Bitcoin Bull Case w/ Murad Mahmudov - Pomp Podcast BEST OF

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 22 November 2021

⏱️ 102 minutes

🔗️ Recording | iTunes | RSS

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Summary

This is a throwback episode that was recorded with Murad Mahmudov that was recorded on October 31, 2018. It was only the 25th episode we had created for the podcast. In the conversation, Murad explains why he is so bullish on bitcoin, including the path to bitcoin reaching $10 million per coin. Enjoy! ======================= Choice is a new self-directed IRA product that I'm really excited about. If you are listening to this, you are likely part of the 7.1 million bitcoin owners who have retirement accounts with dollars in them, but not bitcoin. I was in that situation too. Now you can actually buy real Bitcoin in your retirement account. I'm talking about owning your private keys and using tax-advantaged dollars to do it too. Absolute game changer. https://www.retirewithchoice.com/pomp ======================= Circle is a global financial technology firm that enables businesses of all sizes to harness the power of stablecoins and public blockchains for payments, commerce and financial applications worldwide. Circle is also a principal developer of USD Coin (USDC), the fastest growing, fully reserved and regulated dollar stablecoin in the world. The free Circle Account and suite of platform API services bridge the gap between traditional payments and crypto for trading, DeFi, and NFT marketplaces. Create seamless, user-friendly, mainstream customer experiences with crypto-native infrastructure under the hood with Circle. Learn more at circle.com.

Transcript

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0:00.0	What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp
0:07.4	podcast, simply the best podcast out there. Now let's kick this thing off. Today's episode is a throwback
0:13.6	episode. It is the legendary Morad Moumadav. This episode was recorded approximately two years ago, and it laid out an argument as to why Bitcoin could rise to one day be worth $10 million per Bitcoin.
0:28.9	This conversation was shared wide and far when we first recorded it, and so I thought now would be a great time to resurface it in the heart of this bull market.
0:38.3	I hope you enjoy it.
0:39.4	But before we get into this episode, I want to quickly talk about our sponsors.
0:42.6	First up is BlockFi.
0:44.0	BlockFi provides financial products for crypto investors.
0:46.9	Those products include a high yield interest account, a U.S. dollar loan product against your
0:51.5	crypto collateral, and a no-fee cryptocurrency trading platform.
0:55.7	BlockFi also just released a brand new product of Bitcoin rewards credit card. It's a normal
1:00.6	credit card that when you swipe it, you earn back Bitcoin rather than cashback or airline miles.
1:06.2	Normal credit card, Bitcoin rewards, no cashback, no airline miles. It's awesome. I've been using it now for a
1:13.4	couple of months and I got to say that not only am I earning Bitcoin back, but also there's a
1:19.0	great feeling when you're swiping your card knowing that it's going to end up being much
1:23.4	less expensive than it is today. Go check it out at blockfi.com slash pomp.
1:27.9	Again, blockfi.com slash pomp to start with that Bitcoin Rewards Credit Card today,
1:32.9	blockfi.com slash pomp. Next up is choice. It's time to stop paying capital gains taxes on
1:38.2	your Bitcoin and choices here to help. They are rebuilding the way Bitcoiners approach
1:42.4	retirement by making it possible to invest in
1:44.4	Bitcoin and 19 other digital assets inside your IRA. Right now, every time you make a trade,
1:50.0	you have to pay capital gains taxes that can be as high as 37%. Choice enables you to trade real
	...

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