Bitcoin HODL FOMO with Brady Swenson - WBD331
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 7 April 2021
⏱️ 100 minutes
🧾️ Download transcript
Summary
Location: Remotely Date: Monday 5th April Company: Swan Bitcoin Role: Head of Education
The current bitcoin bull market has been unlike any before. While retail traders have led previous rallies with speculators looking for short term gains vs fiat, this time, institutions are here and buying vast amounts of bitcoin, and many have no intention of selling.
The macro conditions this time around are entirely different. Bitcoin investing is no longer a speculative bubble, rather a rational response to the debasement of fiat currencies at an accelerating rate. Investors are looking for a store of value to protect their money from losing purchasing power.
Bitcoin buyers and HODLers are not just looking at bitcoin as a way of making money, but truly seeing it for what it is, a hedge against inflation and the hardest money the world has ever known.
This is the Bitcoin Renaissance.
In this interview, I talk to the Head of Education at Swan Bitcoin, Brady Swenson. We discuss the bitcoin bull market and HODL FOMO, the transitional period between fiat currency and bitcoin and how the future role of state and government will change.
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Transcript
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| 0:00.0 | Money is the pillar of civilization and our money is broken. It's breaking down, it's crumbling. |
| 0:09.0 | Hello there from Bedford, the Bitcoin Mecca of the world. |
| 0:13.1 | How are you all doing? |
| 0:15.2 | You're having a good week? |
| 0:16.9 | Bloody Bitcoin, right? |
| 0:18.4 | Keeps going up 60,000, keeps dropping back, what's going on? |
| 0:22.0 | We all wanted to be much richer by now. This is bullshit, right? |
| 0:25.0 | Look, some amazing news. My podcast is the number one investing podcast in Great Britain right now. I cannot believe it. A moron from |
| 0:34.8 | Bedford talking shit every week somehow has dislodged the BBC, Bloomberg and |
| 0:40.0 | the financial tithes. It's ridiculous. I can't believe it's happened, but thank you to all of you. |
| 0:45.5 | Any of you listen to the show or shares it out or whatever man. Thank you. |
| 0:49.3 | It's a bit weird, but thank you. Anyway, welcome to the What Bitcoin did |
| 0:53.0 | podcast which is brought to you by Gemini, which I am now at |
| 0:55.8 | using exclusively for buying Bitcoin. I'm your host Peter McCormack and |
| 0:59.4 | today I've got an interview with my buddy Brady Swanson from Swan where we're going to be discussing |
| 1:03.8 | his Hoddle Fomo thesis. But before that, I do have a message from my amazing show sponsors. |
| 1:09.1 | First up today we're going to be kicking off with Sports Bet. I. |
| 1:12.2 | who I placed a little cheeky bet with this week. |
| 1:14.7 | Yes I put 250 pound on Liverpool to win and they won |
| 1:18.3 | convincingly 600 pound winnings lovely jubly thank you very much although I did put a little bet on us against |
| 1:24.4 | rail Madrid last night we lost very frustrating anyway I have convinced sports |
| 1:29.6 | bad to I.O to give away a Lamborghini. Yes, an actual real-life proper badass Lamboo to one of the |
... |
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