I watched this interview so you don’t have to!

Key takeaways:

• Bitcoin is UNSTOPPABLE
• The Warren Buffetts and Carl Icahns of the world will create concensus, but at that point you won’t make a huge amount of money, you will only double or triple your money in a 12 month time period (yeah, wouldn’t that stink!)
• If you can think for yourself and weather volatility you can 10x 20x 30x on your investment (I wish I knew how to think for myself so I could 30x)
• It should be about 29% ARR over the next 21 years (specificty = validity)

The way you draw the mass of investors is through something like digital credit:

• Straightforward, defined 10 - 11% yield paid monthly with little volatility
• The great mass of the retail investors want something which is 2x 3x 4x better than a bond fund (sorry PIMCO)
• Or something that looks like the S&P, but without the drawdowns of the S&P
• You get the performance of equity and you get the principal protection of bonds (that’s what private credit is for, duh)

All of it is predicated on the return of Bitcoin being 20 -30% a year, but that’s obviously going to happen so don’t worry about it.

Some helpful adds:

• Investing in BTC has never been easier thanks to Gemini’s orange BTC credit card, earn up to 4% Bitcoin back on every purchase
• The Bitcoin is for Everyone book will explain why life has become so unaffordable and how BTC can help you build lasting wealth and freedom
• With BitcoinIRA you can invest in Bitcoin 24/7 inside a tax-advantaged IRA and get a $1,000 funding bonus with promo code

Honestly, I don’t really feel strongly about BTC either way, I have no idea how you put a price target on mass human psychology.

But, I do think the language these people use are misleading and wouldn’t be legal if you were a registered financial advisor and I think there are people that listen to them and take it as gospel that you can expect the returns/risk that they say and that’s just not true.