I re-listened to episode two pt 1 of @TFTC with @Pierre Rochard and here are some highlights 1. @Marty Bent refers to Mises as “mices” 2. Pierre shills a Jason Calacanis podcast 3. Pierre “when we hit a milestone like $6000 $100 billion market cap, I cannot restrain myself. I must start trolling on Twitter” I personally miss this Pierre 4. Marty mentions he’s had five concussions for the first time in TFTC history 5. Pierre “ this is a technology that I think is coming around once in the history of humanity. There’s going to be before bitcoin and after bitcoin” 6. Marty “ there is another segment of bitcoin users that only eat meat like a bunch of freak fucks” 7. Marty “She (Marty’s wife) had a steak intervention with me… she said you’ve been eating too much steak lately” 8. Pierre “I’m just waiting for shit to go down and for me to be vindicated” 9. Pierre “let’s say we get to 40,000 or something crazy like that, it’s not crazy folks, we’re going much higher than that” 10. Marty “I agree with bitfinex’ed I don’t like the tether situation” 11. Pierre describes pegging to Marty. Marty knows a girl that did some pegging in college. 12. Pierre “ there might be a correlation between the sexual and the non-sexual pegging” Overall a great episode that stands the test of time. It’s amazing how right Pierre and Marty were about almost everything. I feel blessed to have found this content when I did.
I’ve been thinking a lot lately on how bitcoin companies will differ from fiat companies… I have two competing thoughts in my head 1. Bitcoin companies will naturally be smaller and less likely to be a monopoly because most people will not be passively investing into them without the need to avoid fiat‘s debasement 2. The bitcoin companies with the most bitcoin will be the most powerful companies ever because their money is not being debased and the hurdle to catch up will continue to grow. I’m curious what others think about this and How else y’all think companies on a bitcoin standard will be different than ones on a Fiat standard
Yo @ODELL what happens first million dollar bitcoin or stay humble and Stack sats number one search result? image
I can’t stop thinking about how @ODELL said Fannie Mae is a welfare program for middle class Americans
I fuckin’ love America
GM @ODELL I listened to the latest @RABBIT HOLE RECAP I think you get the monetary premium on real estate a little bit wrong, I agree bitcoin is repricing real estate, but the re-pricing is only happening bitcoin. Real estate will continue to be a harder asset than the US dollar and everyone’s mortgage is based on the USD not bitcoin value so I don’t foresee a big reckoning happening in USD terms