I listened for about 10 minutes. Sure, they bring up.legit concerns. However for those 10 minutes, all they did was dunk all over bitcoin and offered very little insight. It was all negative talk with no steelmaning their speculation. Is this all they do? Sit around and b**** about things? Bitcoin: .10 speculative asset 1.00 speculative asset 10.00 speculative asset 100.00 speculative asset 1000.00 speculative asset 10,000.00 speculative asset 100,000.00 speculative asset Do you know how much thought I put in penny stocks? Absolutely zero. I couldn't imagine spinning up a podcast to talk about how bad penny stocks are. A complete waste of time.
Eh I'm not sure it is vastly different than Bitcoin/crypto podcasts ranting about their nonsense without much insight either. It is a podcast, and that's what a lot of people like to do. It is definitely a crypto critical podcast, so it isn't like they're trying to be friendly towards those with favorable views about BTC/crypto. For a lot of folks (myself included), the whole idea behind BTC/crypto is klnda...dumb (plus a lot of other negative things). There's not really much to steelman at some point (especially after 15+ years of endless Internet debates have eroded the desire to steelman continuously). They're snarkier than I am, though probably not unlike a Nicholas Weaver or someone like that anyway (who they have talked to, along with various other critics and even some pro-crypto folks). If the "legit concerns" they bring up aren't insight to you personally, fair enough. I figure "hey there's probably some substantial price manipulation going on here" would be insight to some folks given how much love there is for the magical number going up, though I guess as long as that number goes up, that's all that matters (and fortunately, that shouldn't be an issue with how things currently work). If everyone equated BTC/crypto to penny stocks (instead of "THE BEST ASSET OF ALL-TIME!!!!"), they wouldn't spin up this podcast either. But if you steelman *their* position, it is pretty clear why they spend this time doing a podcast.
Lol this lady keeps short circuiting when trying to understand why you never sell your bitcoin. You want to store your wealth in property the most resistant to entropy. Bitcoin is that property.
When do I cash out of this current run so I can buy another Porsche? will get back in before the next halving..
