Gary Vee on Bitcoin - WBD285
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 8 December 2020
⏱️ 55 minutes
🧾️ Download transcript
Summary
Location: Remotely Date: Monday 23rd November Company: VaynerX Role: CEO
Gary Vaynerchuk is an entrepreneur, author, speaker, and Internet personality who has known about, and owned Bitcoin for a long time, but has yet to go down the Bitcoin rabbit hole.
2020 has highlighted the importance of Bitcoin. We have seen unprecedented monetary and fiscal stimulus as governments try and keep local economies afloat. In response, we have seen institutional investors taking note and corporations adding Bitcoin to their treasuries. The outlook is very bullish; however, the impact of all of this is difficult to comprehend.
In this interview, I am joined by Gary, who asks the big questions; what happens if Bitcoin takes over and how will states react if Bitcoin becomes a threat.
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Transcript
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| 0:00.0 | When paper is printable in perpetuity and not grounded to the gold standard or some other aspect, |
| 0:12.0 | the thesis is not difficult to understand. |
| 0:14.5 | Hello there from Bedford in the United Kingdom, the Bitcoin Mecca of the world. |
| 0:19.2 | How are you all? Welcome to the What Bitcoin did podcast, which is brought you by the mighty |
| 0:23.2 | Krakhan the best place to buy sell and trade Bitcoin. I'm your host Peter McCormack |
| 0:27.4 | and today I've got an interview with Gary V where I am asking him his thoughts on Bitcoin but before that I've got a message from my amazing show sponsors. |
| 0:35.3 | Okay, first up today we are going to talk about BlockFi and did you hear their big announcement last week? |
| 0:40.8 | BlockFi is to launch a Bitcoin reward visa credit card in early 2021. |
| 0:45.2 | This is something I've been quite excited about because you can stack Sats with all your |
| 0:49.7 | card purchases. So card users can earn a market leading 1.5% rewards rate in |
| 0:55.3 | Bitcoin on all card purchases. There is going to be a $200 annual fee, but you can earn a |
| 1:00.8 | $250 bonus in Bitcoin after spending $3,000 in your first three months. |
| 1:06.0 | So the wait list registration is now open for all registered Blockfire clients, |
| 1:11.0 | so if you want to join the priority waiting list, you do need to open up a BlockFi count. |
| 1:15.5 | There is a public wait list and that is slated to open in early January. So if you're interested in checking this out, head over to BlockFi.com, which is B-L-O-C-K-F-I-C-I-C-C-C-T-C-C-C-C-T-C-C blockfy.com which is BLO ck fI dot com also let's talk about |
| 1:26.2 | cracking my favorite place for buying and selling Bitcoin and as you know it is the |
| 1:30.7 | only place I use for buying and selling Bitcoin. |
| 1:33.2 | You want to know why, right? |
| 1:34.8 | Now, firstly, they are consistently rated the best and most secure |
| 1:38.0 | cryptocurrency exchange, and security is really important to me. |
| 1:41.6 | They also have a best in class in customer service. |
| 1:44.0 | So if you have an issue, whoever you are, wherever you are, whatever the issue is, they are going to help you |
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