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The Mark Divine Show

Brian Estes: The Beauty of the Blockchain

The Mark Divine Show

Mark Divine

Self-improvement, Alternative Health, Education, Health & Fitness

4.81.7K Ratings

🗓️ 26 April 2022

⏱️ 65 minutes

🧾️ Download transcript

Summary

Today, Commander Divine speaks with Brian Estes, CEO & CIO at Off the Chain Capital. Off the Chain is a cryptocurrency fund that finds value opportunities across the industry. In this episode, Brian discusses myths and truths about cryptocurrency, how it really works, and the future of blockchain technology. Key Takeaways: Our money experiment is no longer working. The dollar is going down, so it looks like commodities are going up in price. But in reality, what's happening is ...

Transcript

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0:00.0

So before we went off the gold standard, if you look at the gross domestic product

0:12.1

in GDP, and you compare that to the household net worth, they grew right along with each

0:18.8

other.

0:19.8

But what's happened over the last 50 years is that the labor, the work has generated

0:25.9

X, but the net worth is a 5X.

0:29.5

And that's because the Federal Reserveans artificially lowered interest rates and has increased

0:34.7

the asset prices.

0:35.7

So the people with the assets got richer, and the people working for wages relative

0:41.0

to the asset holders didn't keep up, something has to go.

0:48.8

Welcome to the Mark Devine show, I'm your host, Mark Devine.

0:52.3

In the show I discover, I dive in, I discuss what makes the world's most inspirational,

0:56.2

and passive, interesting, intelligent, and resilient leaders so fearless, so successful.

1:01.7

I'll talk in depth to people from all walks of life, martial arts, grandmasters, venture

1:06.6

capitalists, meditation monks, CEOs, military leaders, stoic philosophers, proud survivors,

1:11.5

and many more.

1:12.5

In each episode, I endeavor to turn the guest experience and intelligence into actionable

1:16.7

insights that you can learn from, follow, and use to lead a life filled with their success,

1:22.2

their compassion, their courage, and their motivation.

1:25.3

Today, I'm going to be talking about Bitcoin and Blockchain, a couple of topics near and

1:30.3

dear to my heart.

1:31.8

Whether you know anything about it, you're going to find this episode very, very valuable

1:35.7

and very interesting.

...

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