4.8 • 764 Ratings
🗓️ 26 October 2017
⏱️ 71 minutes
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0:00.0 | What is up Freaks? Welcome back to Tales from the Crypt. Jibor and Marty here to intro you into part two of |
0:09.7 | episode two, our conversation with Pierre Rochard, co-founder of the Satoshi Nakamoto Institute. |
0:16.6 | If you haven't listened to Part 1 yet, I recommend you go back, download it, listen to it, share it, review it. |
0:24.2 | Because if you don't, you're going to miss out on a big part of our conversation. |
0:29.7 | And jumping into where we left off may seem a little confusing. |
0:34.0 | As we pick up in Part 2, we left off with Pierre describing hyper-bitcoinization and speculative attacks. |
0:42.8 | This is where we pick up and throughout part two. |
0:46.3 | We hit on a bunch of other topics, including Bitcoin versus Ethereum, the ICO mania we've experienced this year and quality over quantity. |
0:57.0 | It's in my opinion, this conversation is only getting more interesting as we get deeper into it. |
1:03.2 | So I hope you guys enjoy. |
1:04.9 | And again, if you do, subscribe, review, tell your friends. |
1:09.8 | And let's spread the Bitcoin love. So again, enjoy part two, |
1:15.3 | episode two, Tales from the Crypt. |
1:21.5 | Tales from the Crypt. New U.S. dollars are created when someone goes and borrows from a bank. |
1:32.3 | And that actually causes the value of dollars to go down. |
1:38.3 | And then the fact that you're taking those dollars and buying Bitcoins causes the value of |
1:43.3 | bitcoins to go up. |
1:46.5 | And then what do you do? |
1:51.8 | You can sell a portion of your Bitcoins, pay off your loan, and boom. |
1:52.4 | And boom, you're done. |
1:54.7 | And that's been my investment thesis since the beginning. |
1:59.0 | We're going to see a great rotation sort of from Fiat currency. |
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