5 • 773 Ratings
🗓️ 10 December 2021
⏱️ 82 minutes
🧾️ Download transcript
Mike Alfred returns to the podcast for a second time. I joke that Mike has become the Chief Financial Correspondent and this time we spend basically the entire time talking about Mike's areas of expertise, specifically Bitcoin, other cryptocurrencies, and financial markets in general. A departure from standard ultra talk, this one was really fun to record!
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0:00.0 | Hey everybody. Welcome back to the free trail podcast. I am, course your host Dylan Bowman here with another really fun |
0:22.8 | bonus episode, a departure from our standard trail and ultra running conversation. Today I am |
0:29.0 | joined again by my old friend, Mr. Mike Alfred for his second appearance on the show. I joke that |
0:36.4 | Mike has become the chief financial correspondent |
0:39.9 | of the free trail podcast. He is a very successful entrepreneur and investor himself. Mike is also |
0:46.2 | an ultra runner, which is obviously how he and I were originally connected. And we have since become |
0:52.7 | friends. I've been lucky to learn a lot from Mike about business, entrepreneurship, investing, |
0:59.7 | and especially the Bitcoin slash cryptocurrency space, |
1:03.5 | which is where we spend the bulk of our time in this conversation. |
1:07.8 | So obviously this is different from our typical show, but it is stuff that I am genuinely |
1:12.9 | very interested in and hopefully content that will be helpful, informative, or at least |
1:19.1 | entertaining for all of you. In this conversation, we talk all about things like inflation, |
1:24.1 | the current state of the Bitcoin and traditional financial markets, how it's |
1:29.7 | changed from the last time Mike was on the show about a year ago. We talk about institutional |
1:34.4 | adoption of Bitcoin, our personal allocation and investment strategies, his thoughts on |
1:40.5 | Ethereum and other digital assets and much, much more. |
1:49.6 | And for context, for those who follow these markets closely, we recorded this podcast on November 23rd, so it's been a couple weeks ago now. |
1:53.0 | At the time of our recording, the Bitcoin price was around 57,000. |
1:57.7 | And then in true Bitcoin fashion, it dropped about 20% before recovering a little bit |
2:02.9 | and right now it's hovering around 50,000 dollars a coin so just wanted to add that here |
2:08.2 | on the front end for context about when this conversation was recorded and where we are now |
2:13.2 | and also I just want to add that as a listener of a lot of podcasts that provide analysis about this stuff and financial markets in general, I feel compelled to emphasize that this is not financial advice. |
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