The US Government Needs Bitcoin with Luke Gromen & Preston Pysh - WBD845
Mr Obnoxious
Peter McCormack
4.8 • 2.7K Ratings
🗓️ 29 July 2024
⏱️ 75 minutes
🧾️ Download transcript
Summary
Luke Gromen is the Founder and President of Forest for the Trees and Preston Pysh is a founder of The Investor Podcast Network. In this interview, we discuss the desperate global debt problem, American decline & global monetary strategies, Bitcoin vs dollar milkshake scenarios, and how the US could back treasuries with Bitcoin to alleviate its looming debt burden.
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Show notes: https://www.whatbitcoindid.com/podcast/the-us-government-needs-bitcoin
This episode’s sponsors:
IREN - Bitcoin Mining. Done Sustainably.
Swan Bitcoin - Invest in Bitcoin with Swan
Ledger - State of the art Bitcoin hardware wallet
Bitcasino - The Future of Gaming is here
Casa - Take control of your digital wealth
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Transcript
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| 0:00.0 | There's really no fix. I know part of the reason that part of Washington is getting |
| 0:11.3 | interested in Bitcoin why they're talking about currency problems is they |
| 0:18.4 | know there's no fix they're painted in a corner. |
| 0:21.0 | Hello there from Nashville, Hope you're doing well. |
| 0:24.0 | Conference is over. |
| 0:25.0 | I'm still here. |
| 0:26.0 | I'm down at Bitcoin Park. |
| 0:27.0 | We are about to record the final episode of what Bitcoin did. |
| 0:31.0 | I've got Harry here, Danny here,, got Matt O'Dell coming in, with Jack Mallow's coming in. |
| 0:37.0 | This is it, final episode and it's going to be released on the 30th of August and you're going to find out what's coming next then. |
| 0:44.0 | Anyway, welcome to the What Bitcoin did podcast, |
| 0:46.4 | which is brought you by the legends of Iron, |
| 0:48.2 | formerly known as Iris Energy. |
| 0:49.9 | Iron is using their next generation data centers to power the future of |
| 0:54.2 | Bitcoin mining and AI using 100% renewable energy. |
| 0:58.8 | Iran remains the same business with the same goals now just with a different name. I'm your host Peter |
| 1:03.4 | McCall Mack and today I've got a bang-rover show for you. Finally got to sit down |
| 1:07.4 | with Luke Gwoman in person, never got to do this before, and we're also joined |
| 1:11.0 | by Preston Pish. We're talking about how it can be saved, the role of Bitcoin. |
| 1:16.7 | There is a broken money problem. There is a currency problem and the US has a debt problem. |
| 1:22.1 | So we're looking at the Bitcoin Milk Shake Theory. |
| 1:25.0 | The problem with long duration bonds and what Preston and Luke would do if they were |
... |
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