783 - What will it take for BITCOIN to Hit A Million Dollars? With Anthony Pompliano (Part 2)

The James Altucher Show

James Altucher

Education, Business

4.6 • 2.7K Ratings

🗓️ 21 October 2021

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this Part 2 of the 2 parts episode about BITCOIN, Anthony Pompliano, the writer of The Pomp Letter, after explaining the differences between Bitcoin, ETH, SOL, and other stable coins, we started talking about Defi, NFTs, regulation, and what will it take for Bitcoin to hit a Million dollars! Listen to this Part 2 out of 2, and make sure you check out Part 1 if you missed it! My new book Skip The Line is out! Make sure you get a copy wherever you get your new book! Join You Should Run For President 2.0 Facebook Group, and we discuss why should run for president. I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast. Thanks so much for listening! If you like this episode, please subscribe to "The James Altucher Show" and rate and review wherever you get your podcasts: Apple Podcasts Stitcher iHeart Radio Spotify Follow me on Social Media: YouTube Twitter Facebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	This isn't your average business podcast and he's not your average host.
0:08.0	This is the James Altiger Show.
0:14.0	Today on the James Altiger Show.
0:17.5	Welcome to Part 2.
0:18.6	Part 1 was also available today and in Part 1 we talked about what are all the uses for
0:23.3	Bitcoin and why Bitcoin.
0:25.1	In Part 2 we talk about DeFi, NFTs, Securitized tokens, all the business models on top of crypto
0:31.9	but perhaps most importantly what are the next milestones that are going to drive crypto
0:37.0	higher.
0:38.0	Here we go.
0:45.8	What I want to start talking about is these new, I'll say relatively new uses of crypto
0:55.0	which are amazing.
0:57.2	Whereas Bitcoin was designed to potentially replace currency which is let's say $40 trillion
1:03.7	worth of currency around the world.
1:05.6	This new thing, DeFi tokens are, is intended to replace Wall Street and banking.
1:12.5	There's 1.3 quadrillion derivatives and investments and so on throughout the world.
1:17.7	It could be a much larger market.
1:19.5	A lot of these DeFi cryptocurrencies are built on top of a currency like Ethereum but there's
1:25.3	also like you mentioned Solano, Polk with that, Cardano.
1:28.5	Let's talk about DeFi in general.
1:32.3	Again decentralized finance, what that means is instead of me calling up my bank and then
1:37.3	say hey where's the brokerage firm.
	...

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