Bitcoin's Time is Now with Preston Pysh - WBD232
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 16 June 2020
⏱️ 74 minutes
🧾️ Download transcript
Summary
Location: Zoom Date: Friday 12th June Project: The Investors Podcast Role: Host
With the current global economic outlook and rise in social unrest, we are living in unprecedented times. The coronavirus pandemic, subsequent lockdowns and preventative measures put in place by governments around the world has led to many businesses closing or relying on bailouts, and jobless figures are amongst the highest since records began.
The killing of George Floyd at the hands of the police has seen protests against racial inequality have spread across the world. In the US, especially, these protests turned have turned into riots with looting, buildings burnt down and violent clashes.
During this time of uncertainty, the S&P500 and Dow Jones Industrial Average have both climbed ~40% since the drop in March, seemingly proving that the markets can behave irrationally. Some analysts are pointing to dangerous signals that we are heading towards the collapse of currencies.
Are all of these combined events the perfect storm for Bitcoin?
In this interview, I talk to Preston Pysh, author, engineer & the host of The Investor Podcast. We discuss the global macroeconomy, deflation vs inflation and why now Bitcoin is more important than ever.
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Transcript
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| 0:00.0 | The thing that is is creating this destruction which is the decades long of |
| 0:05.9 | inflationary monetary policy has actually soed the seed of opportunity to |
| 0:10.9 | counter it and I think that counters |
| 0:14.0 | is Bitcoin. |
| 0:15.0 | Hello there from Bedford, how are you all? |
| 0:18.0 | Welcome to the What Bitcoin did podcast, which is brought to you by Cracken, |
| 0:21.0 | the best place to buy, |
| 0:23.2 | Bitcoin, and trade Bitcoin. |
| 0:24.1 | I'm your host Peter McCormack, and today I've got a monster of a show. |
| 0:27.8 | I've got an interview with Preston Pish |
| 0:29.7 | to discuss why now Bitcoin is more important than ever, but before that I do have a message from my show sponsors and make sure you do check them out. |
| 0:37.0 | It is because of the sponsors that I get to do this twice a week. |
| 0:40.0 | So first up we have my newest sponsor, Karsa, the best in Bitcoin security and I have signed up. I am now a paying customer of |
| 0:47.8 | Karsa. I rejected a free account. I wanted to experience being a customer and way up the cost value of the product |
| 0:54.4 | and I've been through my setup with the team and it could not have been smoother. |
| 0:58.2 | Security is something which has been nagging me so being a cast of customer has given me so much peace of mind that I won't |
| 1:04.8 | lose my Bitcoin with some stupid mistake or that someone can steal it from me. |
| 1:09.2 | I signed up as a CASA platinum customer which is a $150 a month but they do have a gold option which is $10 a month |
| 1:16.0 | which will give you a more robust security protection for your Bitcoin. With a single hardware |
| 1:20.9 | wallet you can get triple the security protecting your Bitcoin. |
| 1:24.6 | So it really is a no-brainer to try it out and Kaza is offering a free one month trial of their |
| 1:30.8 | gold product which you can find out more about at trial dot keys |
... |
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