First and foremost I'm a big fan of your podcast, it is one of my favourites.
The crypto space, primarily bitcoin, deserves a better explanation and experience than how it is being covered in your podcast, unfortunately.
As someone with experience on bitcoin and its utility in both savings and renewable energy I would be happy to connect and discuss the things happening in the area if you so wished. Regards, Niall Burke
Chris/Jim - a job posting that may be of interest to you and also help to inform how Crypto has value and is changing (potential to change) how business may be done without middle men costs. https://boards.greenhouse.io/ripple/jobs/3840409
Good Discussion, QE has caused the 1% to get much wealthier, 'main street' is now paying the price through higher inflation, authorities rightly hit the fiscal button hard with covid, but it was not needed to the degree spent. 30trn US debt fast approaching, balance sheets need to be reduced, a deep recession is unavoidable, should this happen, long duration equities and crypto are most at risk with substantial wealth effects. When you have drank too much, there is no escaping the hangover!!!!!
I'm not sure from that podcast how Jim Power does not understand Bitcoin, i.e. whether he does not understand the technology underpinning it, namely its cryptographic and decentralised nature, or whether he does not understand how it's got to the value it has today. Either way, you would think that Chris and Jim, esteemed economists that they are, could articulate a more sophisticated opinion on the merits or threats of crypto given that it's been around for about 13 years and the market cap it has now. It's a bit like Johnny Giles being asked about VAR saying he doesn't understand it!
It's a 1 trillion dollar industry, its inherent value could be more, or less, but it is valued by a lot of people (like myself) who see the inherent value having spend enough time (and energy) trying to save in banks only for those savings to have continuously diminishing intrinsic value compared to the real world assets the official CPI does not cover.
While you may understand the bitcoin technology it'd be worth discussing that understanding on a podcast so that your audience can gain that understanding too, or indeed gain a greater understanding through the counter arguments.
If you dont understand bitcoin's inherent value then wouldn't it be a great opportunity to do so by talking to people who do see its intrinsic value and are part of this growing industry. Like, for example, the way bitcoin mining can be used as an incentive to grow our renewable energy electricity production, cutting the need for grands and subsidies.
First and foremost I'm a big fan of your podcast, it is one of my favourites.
The crypto space, primarily bitcoin, deserves a better explanation and experience than how it is being covered in your podcast, unfortunately.
As someone with experience on bitcoin and its utility in both savings and renewable energy I would be happy to connect and discuss the things happening in the area if you so wished. Regards, Niall Burke
Chris/Jim - a job posting that may be of interest to you and also help to inform how Crypto has value and is changing (potential to change) how business may be done without middle men costs. https://boards.greenhouse.io/ripple/jobs/3840409
Good Discussion, QE has caused the 1% to get much wealthier, 'main street' is now paying the price through higher inflation, authorities rightly hit the fiscal button hard with covid, but it was not needed to the degree spent. 30trn US debt fast approaching, balance sheets need to be reduced, a deep recession is unavoidable, should this happen, long duration equities and crypto are most at risk with substantial wealth effects. When you have drank too much, there is no escaping the hangover!!!!!
I'm not sure from that podcast how Jim Power does not understand Bitcoin, i.e. whether he does not understand the technology underpinning it, namely its cryptographic and decentralised nature, or whether he does not understand how it's got to the value it has today. Either way, you would think that Chris and Jim, esteemed economists that they are, could articulate a more sophisticated opinion on the merits or threats of crypto given that it's been around for about 13 years and the market cap it has now. It's a bit like Johnny Giles being asked about VAR saying he doesn't understand it!
I understand the technology, i just cannot understand how it can have such inherent value.
It's a 1 trillion dollar industry, its inherent value could be more, or less, but it is valued by a lot of people (like myself) who see the inherent value having spend enough time (and energy) trying to save in banks only for those savings to have continuously diminishing intrinsic value compared to the real world assets the official CPI does not cover.
While you may understand the bitcoin technology it'd be worth discussing that understanding on a podcast so that your audience can gain that understanding too, or indeed gain a greater understanding through the counter arguments.
If you dont understand bitcoin's inherent value then wouldn't it be a great opportunity to do so by talking to people who do see its intrinsic value and are part of this growing industry. Like, for example, the way bitcoin mining can be used as an incentive to grow our renewable energy electricity production, cutting the need for grands and subsidies.