Bitcoin Rehab: American HODL Yells at Everyone - WBD326
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 26 March 2021
⏱️ 82 minutes
🧾️ Download transcript
Summary
Location: Remotely Date: Thursday 25th March Company: N/A Role: N/A
Back in the fall, American HODL and I bet on the outcome of the US election, with Phil Geiger, from Unchained Capital as the arbiter. In this show, we got together to settle the bet.
But so much has happened since we made the bet and I asked HODL to join us for a monthly bitcoin rehab show.
Despite the massive gains bitcoin has made this last year, it feels like a wall of money is still to come. Money managers increasingly realize their jobs may be replaced by two words: "buy bitcoin". Top risk analysis teams at companies like iconic insurance firm MassMutual are hedging with massive allocations. The only real question is, who's next?
While the price action has been bouncing around for the past few weeks, sometimes we perhaps lose perspective on how far we have come. Weak hands sell; strong hands accumulate.
In this interview, I talk to American HODL and Phil Geiger. We discuss settlement of our Trump bet, rumours of the incoming institutional stampede, strong hands (and HODL yells at everyone).
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Transcript
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| 0:00.0 | They tried to make me go to rehab. I said no, no, no. |
| 0:06.0 | Yes, I've been black when I come back. |
| 0:10.0 | No, no, no. |
| 0:12.0 | Shikwiners are into Bitcoin too, no. |
| 0:15.0 | Shikoyners are into Bitcoin too, man. They're just into your Bitcoin. |
| 0:17.0 | They want your fucking Bitcoin. They're trying to make me go to rehab. I won't go. |
| 0:25.0 | Hello there from Bedford in the United Kingdom, the Bitcoin, a capital of the world. |
| 0:30.0 | How are you all doing? Are you having a good week? |
| 0:32.0 | It's very exciting here in |
| 0:34.2 | England. We're about to be led out of prison. In two weeks, we can go and get |
| 0:38.4 | haircuts. We can see our friends. It's all very, very exciting. Now what about bit coin right we went up to 62 k we got |
| 0:48.3 | back down to around 50 k I think a few people got a bit nervous. Hold those diamond hands, my friends. |
| 0:55.0 | I did an interview with Willie Wu yesterday talking about this. |
| 0:57.5 | It's going to be out early next week. |
| 0:59.5 | We are looking strong. |
| 1:00.5 | We are in a very good place. Anyway, welcome to the What |
| 1:05.0 | Bitcoin to podcast, which is brought to you by the mighty Cracken, |
| 1:07.9 | the best place to buy, sell and trade Bitcoin. I'm your host Pete |
| 1:10.9 | Tim McCormack, and today I am joined by my good buddy American |
| 1:15.0 | Hoddle and Phil Geiger from Unchain Capital where we're going to be doing our |
| 1:19.0 | first Bitcoin rehab but before that I do have a message from my show sponsors. |
| 1:24.0 | Okay, first up we have my newest sponsor, which is Ledger, the Hardware Wallet |
... |
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