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TRIGGERnometry

Is Bitcoin Bullsh*t? - Mike Green

TRIGGERnometry

Konstantin Kisin & Francis Foster

News, Politics, Society & Culture

4.62.6K Ratings

🗓️ 26 January 2023

⏱️ 64 minutes

🧾️ Download transcript

Summary

SPONSORED BY: ExpressVPN. Go to https://www.expressvpn.com/trigger and get an extra 3 months free on a one-year package!

Mike Green is the chief strategist and portfolio manager for Simplify Asset Management in the US.
Check out Mike's Substack here: https://michaelwgreen.substack.com/
Follow Mike on Twitter here: https://twitter.com/profplum99/

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About TRIGGERnometry:

Stand-up comedians Konstantin Kisin (@konstantinkisin) and Francis Foster (@francisjfoster) make sense of politics, economics, free speech, AI, drug policy and WW3 with the help of presidential advisors, renowned economists, award-winning journalists, controversial writers, leading scientists and notorious comedians.

Transcript

Click on a timestamp to play from that location

0:00.0

We all want to believe that through some component we can buy into a lottery and change our lives as the entire pitch behind the lottery.

0:08.0

My concerns around crypto are Bitcoin as it's being presented today.

0:12.0

So the emphasis is on that, on the idea of wealth creation as compared to utility.

0:17.0

But what I'm not excited about is the rank speculation and you know what I would argue is fraudulent selling to retail of

0:24.0

here's the keys to how you get rich simply by buying something.

0:27.0

And I got to tell you, very few tiers are being shed right now for my lack of participation in the Bitcoin network or the Ethereum network.

0:35.0

We're social creatures. When you think about the behavior in the Bitcoin marketing story, it was all designed to appeal to the fear that we have of being left behind.

0:45.0

And you hear somebody say, have fun staying poor, right? That's not the future of finance.

0:51.0

That's somebody trying to trigger your fear of being left behind.

0:55.0

This is the future of finance. Well, how much is the future of finance work? That seems like why? I'm going to go with that's a big number, right?

1:04.0

Because Bitcoin is programmatically limited in terms of the number of Bitcoins that will ever be produced, that means at some point in the future the system has to collapse.

1:21.0

Hey Francis, do you like locals?

1:28.0

I live in London, mate. So obviously not. The only pleasure I get from the locals is when we share an intimate moment as we watch a Japanese tourist get trapped in a tube door.

1:39.0

That is good.

1:41.0

But I wasn't talking about their locals. I was talking about our community on locals.

1:47.0

You mean the one where you get phenomenal behind the scenes content when you nagged your face, face, face, face, face?

1:54.0

When you get to ask incredible guests like Jordan Peterson, Brett Weinstein, Bill Burr, Sam Harris, Adam Corolla, Heather Hying and others your questions?

2:07.0

Not just that, you can get supporter-only benefits like trigonometry mugs, monthly calls with other top supporters and even a regular meal with me in Francis.

2:16.0

You also get phenomenal behind the scenes footage of our trip to America where we met a whole host of incredible guests and gave ourselves terminal indigestion.

2:28.0

We're also starting to do monthly giveaways for locals only. The first one will be signed copies of Andrew Dole's new book.

2:35.0

Plus, you get access to an incredible community of like-minded people who share memes, have fun conversations and most importantly, you get to make new friends.

2:47.0

You can support us with as little as $7 or about £5 a month or give us more for the higher tier benefits. Go to trigonometry.locals.com.

...

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