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The Peter McCormack Show

Bitcoin Strengths & Weaknesses with George Gammon - WBD288

The Peter McCormack Show

Peter McCormack

Power, Politics, Government, Markets, News, Society & Culture, Technology, Society, Inflation, Finance, Bitcoin, Economics, Money

4.72.8K Ratings

🗓️ 15 December 2020

⏱️ 72 minutes

🧾️ Download transcript

Summary

Location: Remotely Date: Friday 11th December Company: The Rebel Capitalist Show Role: Host

Bitcoin is a revolutionary thing that will potentially have a hugely positive impact on the world. Bitcoiners believe in its ability to change many aspects of the modern world by reducing the role of the state and leading to a more open and free society but this vision isn't shared by all.

With memes like Bitcoin fixes this applied to everything from central banking to inequality and war, however, for those looking from the outside, does this behaviour look like a religion or cult?

In this interview, I talk to George Gammon, an investor and YouTube host who is "bullish Bitcoin, bearish Bitcoiners". We discuss his Bitcoin thesis, where he thinks its strengths and weaknesses lie and his thoughts on the Bitcoin community.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

What some people in the Bitcoin community have in common is they don't know what they don't know.

0:09.0

But they think they know everything.

0:12.0

Hello there from Bedford in the United Kingdom.

0:15.0

How are you all?

0:16.0

Are you all having a great week?

0:18.0

Welcome to the What Bitcoin did podcast, which is brought to you by The mighty Cracken,

0:21.0

the best place to buy and trade

0:23.2

Bitcoin I'm your host Peter McCormack and today I've got an interview with George

0:26.9

Gannon where we're going to discuss his thoughts regarding Bitcoin but before

0:31.1

that I do have a message from my amazing show sponsors.

0:34.0

We're going to kick off today with Block Phi as they had a huge announcement recently.

0:38.0

Block Phi is about to launch a Bitcoin rewards Visa Credit Card,

0:42.0

which is coming in early 2021 is something I've been

0:45.3

very excited about so check this out card users can earn a market leading 1.5

0:50.9

percent rewards in Bitcoin on all card purchases. There is a $200 annual fee but you can earn a $250

0:57.0

reward bonus in Bitcoin after spending $3,000 in the first three months. So you can stack SAT with all your card purchases.

1:06.1

The wait list registration is now open to all registered Blockfire clients and if you want to join the priority

1:11.9

waiting list then you just need to open up a Blockfire

1:14.4

account. The public wait list is slated to open in early January. If you are interested in this and checking

1:20.4

out BlockFi I do recommend you do your own research then head over to BlockFi.com

1:28.0

next up we're going to talk about Cracken my favorite place for buying and selling Bitcoin

1:32.3

and it's the only place I use for buying and selling Bitcoin and you want to know why.

...

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