I think Boomers will come along a lot quicker than Freddie thinks! I'm 65+ and have a big percentage invested in BTC, FBTC, MSTR, MSTX. We may be old, but we aren't stupid.
The most fascinating thing about bitcoin to me is the amazing people behind it, the values they share and so on. SIMPLY AMAZING. am from africa RWANDA 🇷🇼 and i really hope my government gets the chance to understand/adopt this revolutionary technology!
Good interview! I had always thought of owning property as a form of freedom, but this helped me think of it more as a shackle that keeps you tied to one location. It also made me realize that many people are "all in" on their house as far as their wealth allocation. Which seems far riskier than being all in on bitcoin!
Hi Rajat. Just wanted to say thanks for your content. I discovered your channel two weeks ago in the process of trying to understand a bit more about MSTR. You're putting out great stuff.
Am so on the same page as both of you. Awesome chat. And also I want say a big Thank you to you both for helping me in my exponential understanding and conviction of BTC. It’s changed my life already. As Fred said, I am noticeably more relaxed lol 😂 Thankyou both ❤❤
Rajat, you've really increased my bullishness in btc and the future. While interested and actively learning over the last few years, I've seriously upped my allocation since discovering your channel. I'm interested in your thoughts on strikes new bill pay feature that really allows you to operate on a Bitcoin standard. Can get direct deposit into btc, pay your bills direct from your btc as needed and it produces tax documents for you at year and month end. What are your thoughts? Is that how you operate?
Tbh I don't know much about it, but it sounds pretty great. I don't do it that way - I pay my bills then buy Bitcoin with the difference. But I can see the appeal of doing it the way Strike offersnit
great conversations! i would like to know what are the numbers of the money printing? how does it actually works? and why fred said FED doesn't know what they're doing? how does money printing actually affects everything else? and finally how does it affect bitcoin
52:17 I disagree with his statement here yes interest rates were high but the avg cost for a house was also 50-100% less than todays price Interest rates don’t matter if the home prices are low I will pay a 20% rate if I can buy a 4 bed house today for 500k in San Francisco
1:49:18 I think this is a great point. Not only does Bitcoin push you to increase your income but also budget better and understand the time value of money in real time.
interestig data point - in USA - home owners spend 30% of income on mortgage - renters are spending 50% of income on rent ...even though rent vs buy equation favors renting .. best thing any new family can do is buy a new home from a builder ...
Fred has absolute conviction Bitcoin reaches $1 mil in 10 years yet is doubtful of the future value proposition of the largest publicly traded holder of…… that asset he’s so bullish on.
This is what confused me a bit too. I think we pretty much came to the conclusion that bitcoin is savings and MSTR is an investment. He's rich and he doesn't need MSTR to stay rich!
Probably because its denominator is still the US dollar. If that hyper inflates the stock will be worthless in US$ terms. So then what will happen to the owned Bitcoin. Only Saylor knows. Bitcoin in cold storage is king and greed using the US dollar will eventually get you poor. Just like shit coins, some get lucky but most don't.
It’s all about entry price. Why pay 3x for their stack unless you think Saylor is going to 5x the MSTR stack over the next 30 years? I don’t think that’s possible so I won’t invest.
I like a bit of MSTR for liquidity. The rest cold storage and an NHS pension, which im thinking about pulling out of and saving that into bitcoin instead. I havent worked that one out yet?
I've been saying too that the halving cycle means nothing at this point. The demand has been incomparable to the supply anyways. It doesn't matter if you get 900 or 450 of new BTCs when the daily "consumption" is in tens of thousands...
Fred mentioned the keyword, Bitcoin governs distribution and will be the keyrole on global economy also no need for nations. Be able to have a good life.
Like you guys i can see that we will be able to buy anything with bitcoin through our normal debit/credit cards. But im not sure fiat is going away for a long time without a fight, they want the fiat because they can print more which gives them control
Along the way I've learned that Kreuger knows much less than me.... " Saylor can get margin called" is one of my favorite Kreugerisms. Power Law not recognizing what's coming with Global Game Theory and the SBR in 55-155 days is also a mind numbing level of stupidity 😂 Great episode by the way! We still love Kreuger. ❤️
I was a whole corner But I decided that was more ego than pragmatism So now I’m mostly micro strategy But I will gradually move out of micro strategy throughout the bull market If micro strategy continues to perform, I will end up with 2 to 3 bitcoin
Rajat, we all like your work, but I think you were talking way too much over Fred in this interview. You two were constantly talking at the same time. Let your guests speak... Thank you for all your work!
Domain names on Bitcoin is very interesting. Instead of paying rent to ICANN yearly, you own it and can transfer your domain on Bitcoin. Question is: Which domain name extension is the best .ord, .btc, .sats, .xbt?
The proposed legislation for the U.S. strategic reserve essentially is saying the Federal Reserve has to put its first 6 billion dollars in earnings per year into bitcoin. I don’t think Fred has considered the significance of this. Also I bought MSTR when it’s NAV was less than one as I had a goal of getting to 1 bitcoin per kid and I thought it was a levered way to get there quickly and it was in a retirement account. Younger people will likely do this in a bear market. Also millennials and Gen Z are more sophisticated with options they’ll figure out covered call strategies to provide them an income so they can have a better work life balance than their parents
Why would someone who lives in Norway or the UK would not be able to buy Bitcoin? I'm living in Poland (middle Europe) and I had no problem registering on Coinbase and purchasing Bitcoin there. Right now I have a cold wallet with Bitcoin and private keys in my hand. Why would the same be impossible for people from mentioned countries? It seems to me that every person in the world with internet access and some funds to spare can buy it. Am I wrong?
He got the religious metaphor wrong. Islam is the newest religion in the middle east. The example should be a Muslim walking into a synagogue in Israel and saying "we have this new religion"...
so fred thinks BTC goes to $1M but doesn't attribute that appreciation to MSTR's reserves he's convinced on BTC's success, MSTR is a leveraged mirror of BTC
Only the wealthy or people with free energy will be able to mine bitcoin in the future. As the demand for bitcoin mining goes up, the algorithm increases the difficulty to slow down mining operations so they don’t mine over the daily amount. This also reduces your block reward rate in addition to the halving.
Krueger is NOT Bullish enough. He’s wrong that the financial system will be slow to Chang. The existing financial system CANNOT afford to wait on Bitcoin, the economy is in fact imploding
He comes from that world and has decades of experience in that world. Do you? I am a card carrying bitcoiner that expects it to be the world reserve currency but I am truly tired of this “not bullish enough” exponential bro mentality like the whole world is going to do a Weimar Germany. I see no evidence for it, no one can provide data for it and frankly it just makes bitcoiners look loony
😂😂 why don't you pro Bitcoin people ever tell us what you're going to do with all this Bitcoin after you bought it aside from selling it for dollars at a higher price.
Anyone who right now thinks they can't buy bitcoin because of geographic location or some other restriction but wants bitcoin should go incredibly out of their way to spot buy and cold store the real thing... Imo 🌱⚡🧡
Do 1.5x, thank me later.
Fantastic guest. One of your best videos yet. Keep up the great work!!!
Rajat, thanks for the amazing content on your channel!
bitcoin just makes things easier fr. i wake up look for rajat's video and listen while i work. simple
Makes things a lot easier, completely agree with you. I appreciate you 🤝🏼
2 of my favorite BTC People! ❤🙏🏼
I think Boomers will come along a lot quicker than Freddie thinks! I'm 65+ and have a big percentage invested in BTC, FBTC, MSTR, MSTX. We may be old, but we aren't stupid.
Nah most boomers are too close minded to
Midwest 63 yr old, here 80% MSTR, 20% SOL
@@ashranbakth5861 Wrong
Another boomer here, very involved since 2017..... hodling spot Bitcoin and MSTR plus trading Options with IBIT & MSTR. 🧡💪👍
I am a boomer been in BTC only since end of 2013
The guests just keep getting better 🤩 Thanks Rajat for allowing Fred to share his depth of BTC wisdom. Great hosting👌🏻
This was EXCELLENT! I listened to the entire 2 hr interview. Excellent interview!
Just a really great session you two! Thanks a million for sharing the knowledge and perspectives.
Amazing interview. Thank you Rajat.
The most fascinating thing about bitcoin to me is the amazing people behind it, the values they share and so on. SIMPLY AMAZING. am from africa RWANDA 🇷🇼 and i really hope my government gets the chance to understand/adopt this revolutionary technology!
greeeeeaaaaat video, i downloaded and saved it to watch it over and over again
Agree that the four year cycle is obsolete.
Excellent! Thank you very much!🙏🏻
Yes love Fred !!!
That was awesome. Thank you. ❤🙏💪
Great show.
Great interview!
Good interview! I had always thought of owning property as a form of freedom, but this helped me think of it more as a shackle that keeps you tied to one location.
It also made me realize that many people are "all in" on their house as far as their wealth allocation. Which seems far riskier than being all in on bitcoin!
Straight to the point! 😂
Hi Rajat. Just wanted to say thanks for your content. I discovered your channel two weeks ago in the process of trying to understand a bit more about MSTR. You're putting out great stuff.
🤝🏼
What a great conversation!! I watched til the end. You definitely need to go to their podcast and that conference in may bro. Represent us ! ❤
Working on it!
You can buy in the UK 👌
This is some serious wisdom. Thanks!
I've sold all my ETFs I am 100% BTC
Great interview
Am so on the same page as both of you. Awesome chat. And also I want say a big Thank you to you both for helping me in my exponential understanding and conviction of BTC. It’s changed my life already. As Fred said, I am noticeably more relaxed lol 😂
Thankyou both ❤❤
Thanks Raj, I like your content and get real value, keep it up mate
Please put Fred's pic on the thumbnail
I don't put anyone's picture on my thumbnails!
Rajat, you've really increased my bullishness in btc and the future. While interested and actively learning over the last few years, I've seriously upped my allocation since discovering your channel. I'm interested in your thoughts on strikes new bill pay feature that really allows you to operate on a Bitcoin standard. Can get direct deposit into btc, pay your bills direct from your btc as needed and it produces tax documents for you at year and month end. What are your thoughts? Is that how you operate?
Tbh I don't know much about it, but it sounds pretty great. I don't do it that way - I pay my bills then buy Bitcoin with the difference. But I can see the appeal of doing it the way Strike offersnit
Watched the whole content. Loved it. Let's do this again :)
Great content, keep up the good work! 👑👍🏾
enjoying this
Giovanni please, would be great too
In the process of booking with him
This will be 👍 great, gonna have to go for a long jog to listen to all of it later 😆 these long podcasts keeping me fit
Hahaha that's so good!
Wow i can’t believe it! My two favorite specialists. I’m going to open a bottle of champagne and a foie gras
great conversations! i would like to know what are the numbers of the money printing? how does it actually works? and why fred said FED doesn't know what they're doing? how does money printing actually affects everything else? and finally how does it affect bitcoin
52:17 I disagree with his statement here yes interest rates were high but the avg cost for a house was also 50-100% less than todays price
Interest rates don’t matter if the home prices are low
I will pay a 20% rate if I can buy a 4 bed house today for 500k in San Francisco
1:49:18 I think this is a great point. Not only does Bitcoin push you to increase your income but also budget better and understand the time value of money in real time.
Legend
interestig data point - in USA - home owners spend 30% of income on mortgage - renters are spending 50% of income on rent ...even though rent vs buy equation favors renting .. best thing any new family can do is buy a new home from a builder ...
Fred has absolute conviction Bitcoin reaches $1 mil in 10 years yet is doubtful of the future value proposition of the largest publicly traded holder of…… that asset he’s so bullish on.
This is what confused me a bit too. I think we pretty much came to the conclusion that bitcoin is savings and MSTR is an investment. He's rich and he doesn't need MSTR to stay rich!
He also does not really consider what Saylor can do to increase your bag.. and then buy the real thing😊
Probably because its denominator is still the US dollar. If that hyper inflates the stock will be worthless in US$ terms. So then what will happen to the owned Bitcoin. Only Saylor knows. Bitcoin in cold storage is king and greed using the US dollar will eventually get you poor. Just like shit coins, some get lucky but most don't.
It’s all about entry price. Why pay 3x for their stack unless you think Saylor is going to 5x the MSTR stack over the next 30 years? I don’t think that’s possible so I won’t invest.
education is the arbitrage - this is my main guage for determing value - righ tnow still very undervalued based on this measure
If there's one thing I know about Fred. He doesn't like $Mstr😅😅
He thinks it's going lower 😂😂 spoke to him about this!
@@rajatsonifinancehe is wrong during the btc bull run…he also does not like the btc bros…who are amazing😊
I'm hearing there is increased demand for audio podcast versions of your channel ;)
There is!
I like a bit of MSTR for liquidity. The rest cold storage and an NHS pension, which im thinking about pulling out of and saving that into bitcoin instead. I havent worked that one out yet?
I think this is perfectly fine. Don't need too much microstrategy.
That’s Freddy Krueger from Elm Street !
I've been saying too that the halving cycle means nothing at this point. The demand has been incomparable to the supply anyways. It doesn't matter if you get 900 or 450 of new BTCs when the daily "consumption" is in tens of thousands...
sorry for dumb question.... what is a Satz (Sats)???
Sats are the smallest unit of Bitcoin
1 Bitcoin = 100,000,000 Sats
Raj - thanks so much for answering my question!!!!❤
Can you interview Saylor or Jesse Myers?
I tried reaching out to michael and he didn't respond. I'll reach out to jesse.
the smile with "How do you know they won't do a100x" is AWESOME
Fred mentioned the keyword, Bitcoin governs distribution and will be the keyrole on global economy also no need for nations. Be able to have a good life.
Like you guys i can see that we will be able to buy anything with bitcoin through our normal debit/credit cards. But im not sure fiat is going away for a long time without a fight, they want the fiat because they can print more which gives them control
Yeah, it'll definitely be around for a while
The only reason for me to get involved is for vehicles that won't give me exposure to BTC otherwise: Retirement funds.
Along the way I've learned that Kreuger knows much less than me.... " Saylor can get margin called" is one of my favorite Kreugerisms. Power Law not recognizing what's coming with Global Game Theory and the SBR in 55-155 days is also a mind numbing level of stupidity 😂 Great episode by the way! We still love Kreuger. ❤️
I was a whole corner
But I decided that was more ego than pragmatism
So now I’m mostly micro strategy
But I will gradually move out of micro strategy throughout the bull market
If micro strategy continues to perform, I will end up with 2 to 3 bitcoin
My point exactly🎉 Good times ahead😊
The retail investors probably have MSTR in a tax deferred account be bitcoin which is not tax deferred
Rajat, we all like your work, but I think you were talking way too much over Fred in this interview. You two were constantly talking at the same time. Let your guests speak... Thank you for all your work!
Fred, why would people sell in a bear market?
I think usually it's just emotions. Maybe fred has a different opinion on this.
Baylor said they weren’t even close to going belly up in 2022 or 2023
Domain names on Bitcoin is very interesting. Instead of paying rent to ICANN yearly, you own it and can transfer your domain on Bitcoin. Question is: Which domain name extension is the best .ord, .btc, .sats, .xbt?
Very cool. Only .btc
The proposed legislation for the U.S. strategic reserve essentially is saying the Federal Reserve has to put its first 6 billion dollars in earnings per year into bitcoin. I don’t think Fred has considered the significance of this. Also I bought MSTR when it’s NAV was less than one as I had a goal of getting to 1 bitcoin per kid and I thought it was a levered way to get there quickly and it was in a retirement account. Younger people will likely do this in a bear market. Also millennials and Gen Z are more sophisticated with options they’ll figure out covered call strategies to provide them an income so they can have a better work life balance than their parents
I perfer a buffer of credit vs cash
Credit can be cancelled
I disagree, the halvening matters
Stay humble stack what? Did he say SATs?
Sats
Warren Buffet?? Thats Freddies example?
Hahaha I was shocked too. That's why I said WB will die at some point 😂
Wow Fred interrupts constantly
Hahaha its OK
Fred is guest “speaker” 😏
Jamie Dimon said that about the number of Bitcoin being increased beyond 21M
I would never trust Jamie demon
"Bitcoin is better than real estate " says everyone already owing a home
Why would someone who lives in Norway or the UK would not be able to buy Bitcoin? I'm living in Poland (middle Europe) and I had no problem registering on Coinbase and purchasing Bitcoin there. Right now I have a cold wallet with Bitcoin and private keys in my hand. Why would the same be impossible for people from mentioned countries? It seems to me that every person in the world with internet access and some funds to spare can buy it. Am I wrong?
He got the religious metaphor wrong. Islam is the newest religion in the middle east. The example should be a Muslim walking into a synagogue in Israel and saying "we have this new religion"...
so fred thinks BTC goes to $1M but doesn't attribute that appreciation to MSTR's reserves
he's convinced on BTC's success, MSTR is a leveraged mirror of BTC
Only the wealthy or people with free energy will be able to mine bitcoin in the future.
As the demand for bitcoin mining goes up, the algorithm increases the difficulty to slow down mining operations so they don’t mine over the daily amount.
This also reduces your block reward rate in addition to the halving.
Krueger is NOT Bullish enough. He’s wrong that the financial system will be slow to Chang. The existing financial system CANNOT afford to wait on Bitcoin, the economy is in fact imploding
U should have me on your show, and I will explain where we are going!
He comes from that world and has decades of experience in that world. Do you? I am a card carrying bitcoiner that expects it to be the world reserve currency but I am truly tired of this “not bullish enough” exponential bro mentality like the whole world is going to do a Weimar Germany.
I see no evidence for it, no one can provide data for it and frankly it just makes bitcoiners look loony
@@jackcrook4435 if the dollar ceases to be the world reserve currency it will not be a quiet event
oooof fred? i muted that guy as soon as he appeared
Lol
About a third of the population just doesn’t have the capacity to understand bitcoin.
I guess that’s Darwinism.
But those of us that do can help them
They have to have an open mind or it won’t happen and they get the btc price they deserve😊
Do I hit the buy button and get rich? What else is there?
😂😂 why don't you pro Bitcoin people ever tell us what you're going to do with all this Bitcoin after you bought it aside from selling it for dollars at a higher price.
Exchange it for goods and services. Not that complicated.
Why don’t you non-Bitcoin people actually learn about the thing that you are so ready to dismiss?
bitcoin sintetic 🤮...I have a feeling that Saylor will have the fate of Napoleon being exiled....
Dude is so full of terrible takes. So sad when I see anyone give him a stage to talk.
Same. I don’t understand.
Gotta look at it from both angles. I've also had someone on here that thought RE was the best lol
I like Fred’s takes. Some of us want to hear them
@@jackcrook4435 half the time of his videos is him begging people to subs.
This was pretty much useless repeater.
🤔
Keep going Rajat 🫡🫡
Let's go guys! 🟠🎉
Anyone who right now thinks they can't buy bitcoin because of geographic location or some other restriction but wants bitcoin should go incredibly out of their way to spot buy and cold store the real thing...
Imo
🌱⚡🧡
Great show .