240. Preston Pysh

Investor Preston Pysh joins us to discuss bitcoin and fiat markets.
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Saifedean’s first book, The Bitcoin Standard:
saifedean.com/t...
Saifedean’s second book, The Fiat Standard:
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Saifedean’s third book, Principles of Economics:
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[@leemate]

Preston dropping absolute fire as usual 🔥🔥🔥

[@vavoo4971]

This is the place where you get to listen in when your favorite people have a conversation.

[@orange_blossoms_sunset]

This is my Saif space you guys

[@lurkern]

Ooh, Pysh! Instant click

[@Wunderli_Injury_Law]

Preston and Saif! That’s signal boys! Awesome show

[@Luke-cj7gz]

Awesome

[@cryptoemcee]

Thanks, genlemen.

[@MikeStillUK]

Hoping you got his reaction to Saylor’s yield conversation.

[@waynerichardson1051]

Love Saylor, but the other day on this podcast he was a bit of a knob head towards Saif!! He came on the show just looking for an argument in my opinion!!

[@iknown0thing]

​@waynerichardson1051 not an entirely accurate analysis of that conversation

[@waynerichardson1051]

​@@iknown0thingis that it bro? Seriously?

[@ericcson3429]

@@waynerichardson1051 Nope. Saif was way up in his ivory tower, expecting Saylor to just go riffing with him on some wishy-washy imaginary future scenario. Saylor is disciplined enough to only speak with conviction in the areas of his expertise. His push backs became (necessarily) stronger as Saif persisted.

[@Jimmybob21]

Great content thank you! 🧡

[@Samer-Qasim]

Saif’s podcast is like a portal to increase one’s IQ

[@jksmithiii]

Love these classic virtual backgrounds of book collections, but Jack Mallers' virtual background of Imelda Marcos' empty shoe closet is the best 😂

[@ArchivingClownWorld]

lol, neither are virtual

[@jksmithiii]

@@ArchivingClownWorld yeah I know. Just a little levity injection attack

[@Eonwe]

I'm here to hang with the absolute geniuses.

[@chrismale9976]

The best 👌🏼

[@ttabasso]

what dollar price would BTC need to be - to go from an 80 vol asset to a 10 vol asset - once that is calculated anyone who is HNW would stack and wait - the lower the vol the larger the pool of holders i.e. instutions - this is the main game theory calculation

[@azdjedi]

Every time Saif says "Bitcoin cash balance" I think of Roger lol

[@perfooter]

Amazing contrent. Saif your camera is shaking so much... made me dizzy

[@geoms6263]

Saylor has a more realistic view of the future than Saifedean. Saif is an idealist. Saylor is a businessman and pragmatist. 🙂

[@jksmithiii]

Idealism is all retailers have. Otherwise all we have is gambling and trades - just more 20th century stuff.

[@senorgringopapi2059]

Bitcoooorn

[@jksmithiii]

Damn Preston said it and it's getting more of my attention. Brent is a legacy trader trying to operate in the 21st century with 20th century trades. For those who embrace the 21st century, the legacy system looks more and more cringey.

[@saturupiah5940]

Should we be concerned that Microstrategy are on their way towards 250 000 BTC?

[@doctorgonzo5358]

Yes... if you don't own MSTR 😂

[@saturupiah5940]

Thanks for the reply. Sooner own the pure asset. Not a fan of companies diluting their stock, although Microstrategy are outperforming every other asset.

[@doctorgonzo5358]

@@saturupiah5940 haha yeah it was tongue-in-cheek. The real answer to your question is: No. I'm with you. Less counterparty risk your way.

[@search4wisdom]

Of course not.

[@ttabasso]

the Arbitrage is education .... even with education it still feels like gaslighting galore

[@John-wf5if]

How will Bitcoin weather: 1) A Kamala Harris presidency 2) The growth of paper Bitcoin

[@pran10000]

Your podcast with Saylor has become super controversial lol...!!

[@jordanroberts7931]

Because it puts on full display that Saif is not the financial genius everyone likes to think he is. Saylor is 20x smarter than him. And now after watching and hearing his opinions on credit markets around Bitcoin, ya it confirmed my suspicions. I completely understand why Saylor acted the way he did.

[@pran10000]

@@jordanroberts7931 Not your keys not your coins. Remember that.

[@utvetteguy]

bitcoin will never go to 6 figures

[@adambui7935]

please stop your nonsense and fooling people. Bitcoin is not money

[@mickywes3733]

What is money?

[@apc4884]

​@@mickywes3733USD obviously, it's scarce and immutable

[@adambui7935]

First bitcoin is not money. Second is confirm first principle. Third is to confirm the second principle. Bitcoin is not money. The question is what is mining in the general sense. What is bitcoin mining?