BTC214: Sam Callahan Bitcoin Current Events Rollup (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 25 December 2024

⏱️ 66 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode, Sam Callahan and the host explore key developments in the Bitcoin ecosystem, including BlackRock’s statement on allocation, Marathon Digital’s impressive Bitcoin strategy, and Bitcoin’s positioning as digital gold. The conversation also touches on geopolitical impacts with BRICS, U.S. policies, and Michael Saylor’s vision for Bitcoin's corporate adoption. Additionally, Sam shares insights on health and fitness for a balanced lifestyle. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 01:25 - Why BlackRock considers a 2% Bitcoin allocation reasonable. 06:14 - How Marathon Digital leads the Bitcoin mining space with 6% of the hashing network. 17:14 - Jerome Powell’s statement on Bitcoin as a competitor to gold. 19:36 - The geopolitical implications of Bitcoin in the context of BRICS and U.S. trade policies. 26:35 - Trump administration's stance on cryptocurrency, with Scott Bessent as Treasury Secretary. 31:30 - The paradox of meme coins like DOGE in the crypto space. 41:16 - Insights from Michael Saylor’s presentation to Microsoft’s board about Bitcoin adoption. 48:32 - Why diet is the key to fitness success, with minimal cardio requirements. 50:20 - The importance of resistance training and viewing carbs as sugar for effective nutrition. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Sam Callahan on X. Sam’s and Natalie Brunell’s Newsletter. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok. Check out our Bitcoin Fundamentals Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Fundrise 7-Eleven The Bitcoin Way Onramp Public Vanta ReMarkable Connect Invest SimpleMining Miro Shopify Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

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0:00.0	You're listening to TIP.
0:02.8	Hey, everyone, happy holidays and welcome to this Wednesday's release of the Bitcoin Fundamentals podcast.
0:08.1	On today's show, I have Dr. Sam Callahan on the show for what isn't an awesome current events roll-up.
0:13.9	One of the more interesting ideas discussed in the show is how publicly traded miners are finding ways to front run the extraction of Bitcoin via traditional
0:22.1	means like their mining rigs and tapping into publicly traded markets by running a similar
0:26.8	playbook to micro strategy. But what is the impact of this long term if the miners can
0:32.1	effectively pull forward all this Bitcoin mining capacity from a competition standpoint
0:36.8	with all the other miners that are
0:38.0	doing things more traditional. We get into this among many other topics, so you won't want to miss
0:42.9	this chat with the very thoughtful Sam Callahan. Celebrating 10 years, you are listening
0:52.0	to Bitcoin Fundamentals by the Investors Podcast Network. Now for your
0:57.0	host, Preston Pish.
0:59.0	Hey everyone, welcome to the show. I'm here with Sam Callahan. Man, it's always a pleasure having you on the show. And I can't wait to get into some of these topics with you, Sam. So welcome back. Thanks for having me, Preston. It's good to be back. And it's been a minute. Yeah, it's been too long is what it's been. I mean, I saw you. I've seen you recently, but as far as recording. Yeah. Hey, this is where I want to start.
1:28.2	So literally just saw a tweet that came out, BlackRock.
1:32.4	This is in Bloomberg, by the way.
1:34.1	BlackRock just announced that they think a 2% allocation in the Bitcoin for any portfolio is appropriate or a reasonable range to have in your portfolio. Have you seen this yet? I mean,
1:45.4	literally just dropped like five minutes ago. Wow, they're just saying that more, like just broadly.
1:49.9	Yes, this was the headline in literally here. I'm going to read it right here. This is,
1:53.9	I'm on Bloomberg. BlackRock says up to 2% Bitcoin allocation is reasonable range.
1:59.2	December 12, 2024, 7.30 a.m.
2:02.4	Just drop.
2:03.1	Wow.
	...

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