Bitcoin is a Zero Risk Move – Epi-3512

The Survival Podcast

Philosophy, Society & Culture

4.6 • 1.8K Ratings

🗓️ 24 June 2024

⏱️ 95 minutes

🔗️ Recording | iTunes | RSS

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Summary

To be clear there is at this point no risk on the long term holding of Bitcoin at this point in history. The government will not ban it, it is now in the retirement accounts of government employees and protected by Blackrock lobbyists. It has a future as certain as the mathematics behind it. Short of nuclear war and a ELE nothing can stop the inevitable. The only Bitcoin risk now is not having any. Join Me Today to Discuss… The time to argue about Bitcoin being banned or going to zero is over The time to discuss block sizes … Continue reading →

Transcript

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0:00.0	There's a better way to do this.
0:09.0	Let me show you a better way.
0:11.0	A better way.
0:16.0	And we are live.
0:17.0	Welcome folks to episode 3, 512 of the survival podcast.
0:24.0	If you're tracking this is the Bitcoin Breakout podcast only
0:28.4	this will be episode 52 of the Bitcoin Breakout. We going to talk about something today.
0:34.0	We're going to talk about Bitcoin in general,
0:36.0	but we're going to lead off like the first half of the show,
0:38.0	instead of answering, I have a ton of Bitcoin questions that have been coming in.
0:42.0	We're going to lead off though with just an epiphany that I had.
0:46.0	Looking forward, I decided I was going to do this show, this episode of this show,
0:51.0	of this show, I think it was either Saturday or Sunday morning.
0:55.0	And I was chatting with people on social media, specifically Noster,
1:00.0	and somehow it came to me that like really no matter what happens at this point
1:06.2	Bitcoin is going to do really well for us long term and the way I put it is if the dollar collapses then Bitcoin does well and if they inflate their way out of it
1:19.1	Which is the goal right like people think that inflation inflation bad well it is bad for us but it's their tool that they use to
1:26.4	inflate away their debt and in doing so they often help to inflate away
1:31.6	our debt.
1:33.2	If you hold a, especially long-term debt,
1:37.8	inflation can work to your advantage in some areas,
1:41.2	like the fact that I pay less for a 2,500 square foot house with three acres of land
	...

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