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The Pomp Podcast

#785 Is Borrowing Against Your Bitcoin A Smart Investment? w/ Jason Williams

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.81.9K Ratings

🗓️ 17 January 2022

⏱️ 22 minutes

🧾️ Download transcript

Summary

Jason Williams is an investor and entrepreneur.. He has built and sold numerous companies, including an approximately $500 million exit in the healthcare space. Jason and Pomp have also worked together to invest more than $100 million in the bitcoin and crypto industry.  In this conversation, we discuss leveraging your Bitcoin and Real Estate for liquidity, the risks involved when borrowing against your Bitcoin, and the 5 things that Jason is excited for in Crypto this next year. ======================= 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. Jason Williams is an accomplished

0:13.2

entrepreneur and investor. He's built companies that have exited for nine figures. He's invested

0:18.6

nine figures of capital. And he also happens to be a great friend of

0:21.4

mine. In this conversation, we talk about everything from Bitcoin to real estate and all kinds of

0:26.8

personal finance topics that lots of people who listen to this podcast were probably interested in.

0:31.3

I really enjoyed this conversation with Jason, as I always do. But before we get into this

0:36.0

episode, I want to quickly talk about our sponsors.

0:38.5

First up is BlockFi.

0:40.0

BlockFi provides financial products for crypto investors.

0:42.8

Those products include a high-yield interest account, a U.S. dollar loan product against your crypto collateral, and a no-fee cryptocurrency trading product.

0:50.8

BlockFi also just released a brand-new Bitcoin Rewards credit card. It's a normal credit card

0:55.1

that when you swipe it, you get Bitcoin back rather than cashback or airline miles. I'm an

0:59.6

investor in the business and I'm a very happy user. The BlockFi Bitcoin Rewards credit card is

1:04.1

absolutely amazing. To start earning today, go visit blockfi.com slash pomp. Again, blockfi.com slash pomp. I've got the credit card. I love it. I think you will too. Blockfi.com slash pomp. Again, blockfi.com slash pomp.

1:11.5

I've got the credit card.

1:12.5

I love it.

1:13.1

I think you will too.

1:14.0

Blockfi.com slash pomp.

1:15.8

Next up is choice.

1:17.4

It's time to stop paying capital gains taxes on your Bitcoin.

1:20.4

And choice is here to help.

...

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