The Magic of Bitcoin with Tomer Strolight - WBD349
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 17 May 2021
⏱️ 69 minutes
🧾️ Download transcript
Summary
Location: El Salvador Date: Saturday May 8th Project: tomerstrolight.medium.com Role: Writer
The inflationary aspects of fiat money and the ultimate control wielded by the central banks create a rigged game that forces us to consume rather than save. As Tomer Strolight puts it, 'time-travelling thieves are stealing our energy and wealth'. As the soundest money the world has ever known, the magical qualities of Bitcoin fix this.
Tomer Strolight has been pondering Bitcoin's profound implications for nearly a decade. His writings are unique, elegant tidbits of helpful perspectives for bitcoiners, new and old.
In this interview, I talk to Tomer, and we discuss his many short articles on Bitcoin, the dark magic of fiat money, and why Bitcoin is the most important thing happening in the world.
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Transcript
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| 0:00.0 | Fiat money is like this dark magic. It distorts all those magical properties of money which allows for this immense coordination |
| 0:13.4 | across billions of people in the world |
| 0:15.2 | without ever having to talk to one another. |
| 0:17.2 | And Fiat money destroys this, and Bitcoin fixes it. |
| 0:21.6 | Hello there from Mars, how are you all? |
| 0:24.0 | How are you all doing? |
| 0:25.0 | How mad was yesterday? |
| 0:27.0 | What a crazy day. |
| 0:28.0 | Twitter was literally on fire all day after Alice and Becker |
| 0:32.0 | nutted in a 95 minute winner for Liverpool against West Brom. |
| 0:36.0 | Liverpool are definitely going to make the Champions League. |
| 0:39.0 | And Tottenham aren't, which is going to be another good season. |
| 0:42.0 | Anyway, welcome to the What Bitcoin did podcast, which is going to be another good season. Anyway, welcome to the What Bitcoin did |
| 0:43.8 | podcast which is brought to you by Gemini, the only place I'm using for buying |
| 0:48.1 | Bitcoin. I'm your host Peter McCormack and today I've got an amazing interview |
| 0:52.0 | with Bitcoin writer Toma Strolite, but before |
| 0:55.2 | that I do have a message from my show sponsors. |
| 0:58.0 | Okay, today we're going to kick off with Gemini, my new exchange sponsor who I'm using for buying and selling Bitcoin and while some of you |
| 1:04.5 | suckers out there are selling I'm not I'm only buying I'm buying the dips and I'm |
| 1:08.5 | using the Gemini app I've also set up my DCA with twice monthly buys of Bitcoin and I've yet to see a better interface |
| 1:16.6 | for this. |
| 1:17.6 | Now I do want to give a massive shout out to Cameron and Tyler for supporting the show. |
... |
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