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The Peter McCormack Show

The 1 Bitcoin Trump Bet Update with American HODL - WBD276

The Peter McCormack Show

Peter McCormack

Power, Politics, Government, Markets, News, Society & Culture, Technology, Society, Inflation, Finance, Bitcoin, Economics, Money

4.72.8K Ratings

🗓️ 6 November 2020

⏱️ 107 minutes

🧾️ Download transcript

Summary

Location: Squadcast Date: Tuesday 3rd November

In July, I tweeted that I would bet anyone $5,000 that Trump would lose the 2020 election. American Hodl took me up on the bet, and with the help of Phil Geiger we each deposited 0.5 BTC into a multisig.

With the election this week, I caught up with American HODL three times, before, during and after the election to discuss everything that is happening.

While Joe Biden went into the election as the clear favourite, according to the polls, it wasn't long before the narrative switched and by the early hours of election day UK time, Trump looked sure to win.

The following morning, as the results of mail-in ballots hit the counts, the election swung back in favour of Biden. With Wisconsin and Michigan flipping democrat and Pennsylvania threatening to do the same, Biden looks like he may win the race to the Whitehouse.

The election has not been without drama, with accusations from Donald Trump and his supporters of fraud. Now legal challenges are being submitted, and the path to a decision is unclear.

In this interview, American HODL and I catch up before, during & after the US Election. We follow the ups and downs of election night, Trump threatening legal action in various states, demanding recounts and what happens between now and the inauguration.


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Transcript

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0:00.0

I think that this election was Trump versus the media.

0:03.0

Joe Biden is just a placeholder.

0:05.0

Hello there from Bedford in the United Kingdom.

0:09.0

How are you all?

0:10.0

Welcome to the What Bitcoin did podcast,

0:12.0

which is brought to you by the mighty

0:13.2

Kraken, the best place to buy, sell and trade Bitcoin. I'm your host Peter McCormack,

0:17.7

and today I've got a three-part interview with American Hollil where we

0:21.6

discuss the US election and this was made in three

0:24.2

parts so the first part was before the election evening once during the

0:28.7

evening and then once today which is two days after the election but before we get into that I do have a message

0:35.1

from my amazing sponsors so first up today we have Block Phi the future of

0:39.2

well I keep saying the future but it's the now of Bitcoin and Financial Services. So with

0:44.0

Blockfire firstly you can open up an interest account which is something I did. I am

0:47.8

a customer of Blockfires. I have been all year and I've now earned over one

0:51.0

Bitcoin and interest which is super cool. So you also can become a customer

0:55.2

and you can also start earning interest on your Bitcoin. Also, using your Bitcoin as collateral,

1:00.1

you can take out a U.S. D loan and you can find your BlockFi account directly from

1:04.4

your Bitcoin wallet. They also have an amazing mobile app so you can manage your

1:08.5

BlockFi account on the go. Loads of cool things happen with BlockFi

1:11.9

and loads of cool things coming next year.

1:13.2

Some things I know about which is very exciting.

...

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