ultimately we're responsible for ourselves uh and our well of course and our not just ourselves but also our families and that you know no one's going to come no one's going to come rescue us uh and not to you know rely on outside systems to um to come and save you. I mean I've always this is not just a Bitcoin thing. I've always been like that, you know.Um I I think I knew I think I knew before I could actually understand, you know, I was talking about before how I didn't ever want to have any debt. I didn ...

Anything happen this week? ...

With other asset back loans, the market may not open 24/7. You may have gap risk. So, it's actually less risk to lend against Bitcoin than it is to lend against equities, than it is to lend against property, than it is to lend against homes.But, we haven't even gotten to the best benefit for the lender, which is uniform underwriting. My underwriting model doesn't change whether I'm in the Caribbean, whether you are in Europe, or whether Billy's in the US. It's Bitcoin.though that means I can give you the sa ...

What's the risk of all this wealth, all this uh this idea of inheritance for people eventually being inflated away before it even reaches the the air. There is going to be a transfer of wealth. And a lot of people think that property prices, stocks, the rest of it are going to crash and and and we're going to live in a, you know, dystopian world.But I don't think that's what's going to happen. A lot of these assets are uninvestable relative to what we have with Bitcoin, which is a currency that I think will ...

Bitcoin this is about trust built on scarcity because you don't want the abundant stuff right if you set put all these uh scarce asset classes uh in a line and then you look at their characteristics so uh it is programmed to be scarce well that's pretty uh uh uh neat I would say so that makes it at least worth looking at uh second is it's digital and so I strongly believe that a lot of people as they understand the story that we have just uh uh talked about. ...

In a world of NPCs and centralized control, the most radical thing that you can do is to reclaim your own agency. In this episode, I'm joined by Eric Yakes, Bitcoin VC and the author of the seventh property. We move past number go up and discuss the monetary revolution that Bitcoin brings. We explore how immutability is the only thing that can fix our corrupted relationship with value and why Bitcoin AI and personal hardware are merging to create a world where you no longer have to trade your freedom for co ...

fixed supply money or inviable private property. Private property that's very hard to separate from its owner. That's just an idea that we were trying to get people to follow with the constitution and rule of law and all these things.But now it's incentivized through the expenditure of energy by expending real world energy to create Bitcoin. It anchors the abstract world into the physical world. Money is such an interesting thing.It's subjectively chosen, right. Anyone can choose whatever their money is goi ...

And so we have these international trends and we have these big players on the global market that are stacking up on on Bitcoin. We have the Swiss n national bank, central bank uh that bought shares in Micro Strategy which of course is a bet on Bitcoin. Uh and so we have this financial trend because of the potential of Bitcoin and because of the geopolitical implications that it might have you know the same way that gold have.Uh and as I view it now, Sweden Sweden is behind. We haven't spoken about this up ...

Why do you think or how do you argue that Bitcoin is uniquely primed to become this safe haven asset in a in a riskoff environment. >> The Fed is trapped, the Treasury is trapped. They have no choice. They have to keep printing. They have to keep debasing the dollar.So in the world of debasement, what do you want to own. Do you want to own bonds. I don't.That's a negative real return. you know, once it starts drawing from bonds, from real estate, you're going to see a different rate of adoption as it's taki ...

been tracking Bitcoin since 2014 and my first purchases were in 2014 and actually my use case was to move money internationally. That was my initial use case and I wish I had kept more of what I moved at that time [sighs and gasps] as we all do and uh I went through the typical learning curve but I think I benefited from having a background in technology and high performance computing and also you know physics as well and being able to understand bitcoin from a multi-disciplinary uh standpoint. So really th ...