Respect to Prof Michael for his transparency and humility in willing to ask any question. Nik, it was an honor to see the manifestation of all your work as you shared your many insights. Michael’s appropriate concerns of self storage reflects the potential hesitancy many 1:04:58 seniors might have in willing to proceed with bitcoin. Even your illustration Nik about a cold wallet buried on your property is not w😢here we need to be in 2024. At some level mainstream bitcoin ETFs or brokerage houses like Fidelity holding your bitcoin seem to have to be part of the solution for the over 55 crowd +$200,000 engagement.
The world would be a better place if more smart people put their egos aside to learn for the sake of understanding, the way Michael Howell has done in these sessions. Such a legend.
Thanks Nik for this series. Great format, helped me realize I know more than I thought I did about Bitcoin, and yet it's filled in some key details. Well done!😃
When banks are allowed to custody it, then the laws will start changing as far as legal tender and capital gains implications. If banks can custody it, then they can require a 5-20% down payment on a loan be paid in BTC.
And I think another mistake ppl are making is that they're looking at the past too much. Going from the British Pound to the USD was going from one closed system to another, and we didn't have the communication capabilities the internet provides us today. Whereas this time we're switching to an open system, BTC, which is so much easier to access, computer+internet and you're in. Probably why Bitcoin's adoption curve looks a lot like the TCP/IP adoption curve. So many more new variables this time.
"Stablecoins" will need to move over to the lightning network. Ethereum and Solana and whatnot will never scale to handle the traffic that'll be required. And they're only one phone call away from being shut down. Or taken by your friendly local central bank.
![เปิด อาณาจักร หมื่นล้าน "สาระตั้ม" l [Nickynachat]](http://i.ytimg.com/vi/3XE0nPF4YkQ/mqdefault.jpg)
Awesome to see an absolute pro like Michael taking the time to learn about things he doesn’t quite understand. Hats off, Sir.
Salute the humility!!
Michael Howell is an absolute gem. His work on global liquidity is some of the most important work to follow right now. I highly recommend it.
Great questions love Mr Howells inquisitive mind thats why he found bitcoin doesnt have intellectual arrogance he has intellectual curiosity
Loving this series. Thank you both.
Respect to Prof Michael for his transparency and humility in willing to ask any question. Nik, it was an honor to see the manifestation of all your work as you shared your many insights. Michael’s appropriate concerns of self storage reflects the potential hesitancy many 1:04:58 seniors might have in willing to proceed with bitcoin. Even your illustration Nik about a cold wallet buried on your property is not w😢here we need to be in 2024. At some level mainstream bitcoin ETFs or brokerage houses like Fidelity holding your bitcoin seem to have to be part of the solution for the over 55 crowd +$200,000 engagement.
The world would be a better place if more smart people put their egos aside to learn for the sake of understanding, the way Michael Howell has done in these sessions. Such a legend.
Salute the humility!! As always, very humble GOAT.
Thanks Nik for this series. Great format, helped me realize I know more than I thought I did about Bitcoin, and yet it's filled in some key details. Well done!😃
Very, very well done, thanks to both of you :)
Most underrated channel on TH-cam
I have to admit I’m impressed with Michael Howell. Impressive
Nik, I really appreciate you!
Excellent!
Brilliant
I think Bitcoin will lap gold in 10 years meaning it’ll have 2x golds market cap in 10 years.
$476,190
Good stuff
When banks are allowed to custody it, then the laws will start changing as far as legal tender and capital gains implications. If banks can custody it, then they can require a 5-20% down payment on a loan be paid in BTC.
Kinetic learning comes before Expert🎉
Great stuff. THANK YOU BOTH!
And I think another mistake ppl are making is that they're looking at the past too much. Going from the British Pound to the USD was going from one closed system to another, and we didn't have the communication capabilities the internet provides us today.
Whereas this time we're switching to an open system, BTC, which is so much easier to access, computer+internet and you're in. Probably why Bitcoin's adoption curve looks a lot like the TCP/IP adoption curve. So many more new variables this time.
Medium term I see people using USD stable coins for transaction and Bitcoin as main savings. But I also see people using Bitcoin for bigger purchases.
I think he will buy some bitcoin
Long videos like this could really use timestamps... Plz!
ONE OF THE THING THAT ATTRACTED ME TO BITCOIN IS BITCOIN IS NOT MONEY.
the btc fee is go moon now
"Stablecoins" will need to move over to the lightning network. Ethereum and Solana and whatnot will never scale to handle the traffic that'll be required. And they're only one phone call away from being shut down. Or taken by your friendly local central bank.