Can Bitcoin ACTUALLY replace the Fiat System? w/ Mark Yusko
Description
Mitch Askew interviews Mark Yusko, Co-Founder, CEO, & CIO of Morgan Creek Capital.
Mitch & Mark go back and forth on several hot topics related to Bitcoin. Is it widely distributed enough? Do altcoins serve any purpose? Can Bitcoin emerge as a replacement to the fiat system?
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----Follow us on Twitter----
Mitch: https://twitter.com/MitchellHODL
Blockware: https://twitter.com/BlockwareTeam
Guest:
https://twitter.com/MarkYusko
00:00 Intro
00:39 Blockware Marketplace
01:29 Stampseed
02:00 SVRN Energy (Bitcoin Energy Drink)
03:00 Did Bitcoin fail as a peer to peer payment network?
10:49 Bitcoin as savings vs spending
13:00 Fiat money, inflation, debt, cronyism
18:31 Bitcoin vs Crypto
26:03 Does Bitcoin have a distribution problem?
30:02 Bitcoin Gold Market Cap Equivalence
34:52 Will Bitcoin replace the dollar system?
36:06 CBDCs as a tool of tyranny
42:13 Would US states reject a Federal CBDC?
44:20 Time horizons for Bitcoin adoption
46:05 Bitcoin self-custody, $5 wrench attacks
50:28 Spot Bitcoin ETF, Cointelegraph fakeout
1:01:12 Inflation is oppression
1:09:10 Get off zero
1:11:34 The US can’t afford a war
1:13:03 Human systems devolving into corruption