Gradually then Suddenly Pt 3 - Bitcoin is Common Sense with Parker Lewis - WBD381

Mr Obnoxious

Peter McCormack

Technology, News, Politics, Money, Investing, Finance, Bitcoin

4.8 • 2.7K Ratings

🗓️ 4 August 2021

⏱️ 93 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Location: Remotely
Date: Tuesday 3rd August
Company: Unchained Capital
Role: Head of Business Development

For people new to bitcoin, it can be confusing at first. From public key cryptography to mining, block sizes to nodes, there are many new ideas to understand. However, bitcoin has a sound monetary policy at its core, and understanding this is the most important step in understanding it.

Over the last 18 months, central banks worldwide have issued currency at alarming rates in an attempt to bolster economies and stimulate growth. In reality, this practice is also boosting asset prices while debasing the currency.

Bitcoin offers a sound alternative and as Parker Lewis says, "Bananas grow on trees. Money does not, and bitcoin is the force that reawakens everyone to the reality that was always the case". It's for this reason that bitcoin is common sense.

In this interview, we discuss the printing of money and currency debasement by central banks, why bitcoin is anti-fragile and what makes it a common-sense alternative.

Transcript

Click on a timestamp to play from that location

0:00.0	Everyone is afforded equal rights under the law of Bitcoin.
0:07.0	Nobody gets to print money when the Fed prints three trillion dollars.
0:11.0	They hit a button on a computer screen and suddenly $3 trillion appeared.
0:15.6	Did that create any economic value?
0:18.7	Hello there from Bedford in the United Kingdom, the Bitcoin Mecca of the world, how are you all doing?
0:24.4	Now listen, next week I'm going to be heading off on a well-needed two-week holiday with
0:28.6	my kids, but don't worry.
0:30.3	I am loading up on interviews so you won't miss a thing while I am away and then after that I'm going to be heading into the state
0:36.4	I'm going to be planning on visiting a whole bunch of places I'm going to be here in Houston Dallas Austin Boston Ohio New York Miami, Illinois, Ohio, New York, Miami, Boston, Ohio, New York, Miami, LA and Vegas.
0:45.8	It's going to be a crazy busy schedule, but I hope to bump into some of you.
0:49.1	Maybe we can grab a beer, maybe grab a coffee.
0:51.4	Anyway, welcome to the What Bitcoin did podcast, which is brought to you by
0:55.0	Gemini, the only place I'm using for buying Bitcoin. I'm your host Peter McCormack, and today I have
1:00.3	part three of the Gradually Then Suddenly series with Parker Lewis, but before that I do have a message from my show sponsors and first up today it is revolute.
1:09.0	Now as many of you know, Lloyds T.S.B. my bank of over 25 years closed down all my accounts recently.
1:16.0	They clearly don't like Bitcoin.
1:17.8	So enter Revolu, they reached out to me and they said, P, come on, sign up to Revolu, we like
1:21.2	Bitcoin, we got you covered, so I did. I signed up. I moved everything over and did it within a couple of hours. They like Bitcoin. They want to support Bitcoin and they want to make it easier for you to trade Bitcoin. And now Revolu are offering $20 or £20 to all new customers
1:36.7	that sign up and complete three-ciled transactions. It only takes a few minutes and
1:41.5	you can create a card and add it to Apple Pay immediately and get that cash in your pocket ASAP
1:46.8	Now this is a new relationship and I am working with the Revolute team to help them build a bank
1:51.2	Which is Bitcoin A friendly there is a lot to navigate but we got this.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Peter McCormack, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Peter McCormack and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.