4.7 • 5.1K Ratings
🗓️ 18 April 2023
⏱️ 130 minutes
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0:00.0 | So the SVB banking collapse, the biology sense that all of this is just going to keep going, keep going, keep going. |
0:06.8 | And we've reached some sort of threshold moment that requires us to put the bit signal into the sky. |
0:12.2 | As he said, how contained is this? |
0:15.0 | What happened with SVB? |
0:16.4 | Is it going to go on? |
0:17.9 | Are we at a tipping point? |
0:19.4 | Like help me understand this moment? |
0:22.8 | It would be very difficult for me to tell you whether or not we've reached a tipping point. |
0:26.4 | I think you can only evaluate that in retrospect. |
0:30.1 | But I would say, you know, everything we've talked about in my first two appearances on the show, we're seeing that play out. |
0:36.5 | Fraction or Reserve banking as a scam. |
0:39.4 | It always fails. |
0:41.5 | It cannot continue to support the depositors interest over time. |
0:48.5 | And, you know, we had biology on for a Twitter space. |
0:52.8 | Like, I think I got attended by like half a million people. |
0:55.3 | Jesus. |
0:56.3 | And he, for those that don't know, he accepted a bet that Bitcoin would reach $1 million USD price in the next 90 days, which we're still in the middle of. |
1:07.0 | So we'll see. |
1:07.7 | Yeah, we're 20 days in, maybe 30 days in something like that at this point. |
1:12.4 | And although that's a very aggressive timetable in my estimation, I do think directionally he is correct. |
1:20.3 | Right. |
1:20.6 | The same thing we've been talking about previously. |
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