246. USD vs BTC: Debate with Brent Johnson

[@igorpustsin]

I admire Brent's humility and patience.

[@SaintThomasofAcre]

i know. Calling the most volatile, speculative asset class a 'risk free rate of return' is an insult to all the audience and very dishonest.

[@morrisv1212]

@@SaintThomasofAcreplease explain why ‘risk free rate’ is not a suitable term here? You can’t hold anything that long term has less risk then bitcoin.

[@buckfush187]

So according to Brent the only kind of crises is a liquidity crisis. What about inflation crisis?

[@satoshidownunder]

Brent in way over his head here. Domestication is the blindfold he wears and it going to cost him amd his family dearly. But as Jeff Booth says 'protocols dont come along very often and thats why most people cant see it coming'

[@Tenebrousable]

"just because..." repeated over and over again. Yeah. Yeah you're talking about the past without the perhaps the greatest innovation of mankind. So sad to see so shallow thinking.

[@leemosey]

People really do get Bitcoin at the price they deserve.

[@dbladeford]

It’s glaringly obvious that the overwhelming majority of commenters here are optimists, and while optimism can be healthy in that it drives change and innovation, it often leads people to form irrational conclusions. The one thing all of you people saying Saif won seem to forgetting is that there are two institutions in the way of the dreamy scenario he’s painted; namely governments and central banks.

[@sethkeefer3456]

They couldn’t really opt out of the number 0, printing press, or gun powder.

[@gc-hn4ky]

In a debate either you’re wrong or you’re right. Brent after yapping for 5 mins discounts all his argument by saying he’s not opposed to saifs idea but thinks it’s not going to happen.

[@AnthonyMark-n3x]

I'm thinking about beginning my investment journey, but I feel a bit overwhelmed and uncertain. Do you have any friendly tips or suggestions for people I could reach out to for guidance?

[@EvelynDorothy-k4i]

Consulting an expert when creating an investment portfolio is a wise choice, as the process can be quite complex.

[@OliviaJames-z8l]

It’s a smart decision to seek advice and guidance from financial experts like Alana Ringberg on how to adjust your investments.

[@EmmanuelFrank-g8r]

I’m happy to hear about your positive experience! As a beginner, I initially lost quite a bit until I started working with Mrs. Alana Ringberg, who appears on CNBC. She has effectively managed my portfolio and provided solid returns, and I truly appreciate her sincerity and genuine service.

[@PeterDuran-b4p]

Are you familiar with her? She’s incredible and has helped my spouse and me buy our home and car.

[@QueenOlivia-v3q]

Alana takes care of my investments, allowing me to relax at home and make weekly withdrawals without any trading expertise required. She handles everything independently.

[@JmurphOne]

Do you know what I've realised listening to people like Brent... I've learned that the best debate a 'Bitcoiner' can have about why it may not succeed is with another 'Bitcoiner'. I'm sorry, but I stopped listening at 33 minutes due to hearing Brent mentioning Tulips and question why Bitcoin is any better as a reserve currency than Nvidia stock. It's like there is an effort but reverts back to zero critical thinking happening it Brents head. Buy BTC. Bye.

[@gvictor]

it's purely a philosophical disagreement now, the fundamentals are not debatable. can you foresee a future different than what you were initially promised? those who can are orange-pilled, those who can't are Brent

[@themakerofmagic]

​@@gvictorthe last bull market converted me. I have a lot of hope. They will come for the price and they will stay for the revolution. The bear market will educate the next group of graduates.

[@leemosey]

This is the problem. People view Bitcoin as a stock as opposed to the perfect form of money.

[@JmurphOne]

@@leemosey which just shows they haven’t even grasped the basics. Brent confuses me because he makes stupid comparisons, but also seems like knows the value prospects behind BTC are different from securities.

[@BlackLabelExpat]

Saifedean bring better points to the table about why do we even consider gold as money because it was not declared by anyone but I can also agree with one thing Brent said about the need for short time preferences in a liquidly crunch. You still might need some fiat, gold coins, or a Rolex on hand if there is a market dip to get you through a month or two. BTC is amazing for long term time preferences but not always so on the short. Also Brent, no one said BTC is money because the price goes up.

[@XLT999]

Crazy how he had no answer for the ghaza scenario. If bitcoin can actually provide that kind of revolutionary change and aid, why wouldn’t we support it.

[@mattdroneon58]

So Gaza is a desired place to go to? What are you going to exchange your bitcoin for? What does Gaza actually produce? It produces soldiers or what some would say are terrorists. Would my bitcoin go to provide a soldier food? Last I checked I don’t think you can eat bitcoin dollars or gold. There is an everything shortage in Gaza this is the reason why Gaza is a soldier or terrorist factory. It’s a patch of desert that relies on the world around it to produce food and water for its survival. Truly bitcoin is irrelevant in Gaza just like gold or dollars. Brent didn’t address this because it’s obvious to anyone with half a brain.

[@idefix21]

Excellent civilized meaningful conversation, congratulations❤

[@FredGarrett-q2t]

I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Natalie Rose Strayer for helping me achieve this

[@FredGarrett-q2t]

she's mostly on Whatapps,

[@FredGarrett-q2t]

+197

[@FredGarrett-q2t]

8960

[@FredGarrett-q2t]

1332

[@FredGarrett-q2t]

Had to write her number this way because of the community guidelines add up and text her

[@otistheshoemaker]

This debate can be distilled down to who controls who. Do governments control people or do people control governments? Historically centralization and governments have been the biggest bully. But now that we have technology that allows people to gain the benefits given by governments, will momentum for that technology continue to grow until the people demand it in full and government has to bow to the people, and it simply becomes a libertarian dream. You own in control everything you create and government is just a small service organization that helps you combine your efforts with other powerful sovereign individuals. Personally, I believe governments will still be very powerful but good Republican and Democratic governments will adopt the technology and that ultimately this is all because the people are in charge. the biggest bully is actually an organized populous. It always has been. The problem has just been that historically the populous has had very little way to organize and government by definition is an organization.

[@suddentwist]

States will not have a choice but to accept Bitcoin. Brent is stubborn.

[@mjbmjb812]

Just came from today's The Bircoin Layer episode during which I finally clicked on how Bitcoin pulls it off. While the dollar milkshake consumes other currencies, the Bitcoin milkshake will be consuming US treasuries as leveraged collateral for the dollar in the US Strategic reserve. This will keep the dollar afloat as the reserve currency for the foreseeable future. Eventually, it seems likely that the dollar ship will sink. The open Bitcoin network will erode the dollar currency as the rest of the world realizes they don't need the dollar currency. That's when Bitcoin emerges from being reserve money to also become the reserve currency.

[@tedcarr]

Brent as unbelievably weak counter arguments. To summarize all his points, he's basically saying "the dollar won't go out without a fight!"

[@Dialin27]

casual

[@Tenebrousable]

Indeed. And as a fresh bitcoiner over 10 years ago, I could admit that argument. And I would know who would win that fight. Only thing in question, is how much and how long there will be blood in the streets.

[@SaintThomasofAcre]

its a bit more than that.

[@Tenebrousable]

@@SaintThomasofAcre It's not. The army is backed by the dollar. Not the otherway around. It's a delusion, that you can enforce adoption at the barrel of the gun. It's maniac lunacy. The capital will escape. The capital moves to where it grows. When lunatics get it? They destroy it. The dollar dominance has roots in historical unique circumstance, not in any delibare design. And the ignorant fools just like you, abuse it and force it self immolate.

[@freedomfight1933]

Brent keeps making points that show he doesn't understand what bitcoin actually is as a tool and technology. That's why it could win. Not because it's gone up in fiat price.

[@KittyCatClub526]

He kept repeatedly making that argument too, it was painful to watch

[@freedomfight1933]

@@KittyCatClub526 agreed, and i shared the video with another person who's main comment was that was a bit painfully circular. The most interesting part of the whole thing to me is that mainstream fiat people sort of think we're in prison and can't get out, lol

[@MauriceWadley]

Technical analysis is a crucial part of understanding market trends, especially in the dynamic world of cryptocurrencies. Historically, Bitcoin (BTC) has experienced significant corrections, often around 30% or more, This pattern offers a valuable insight for strategic planning. Despite these trends, BTC is showing promising signs, potentially breaking through the 70k mark, demonstrating its resilience and potential for growth. While there are external factors, like ETFs, that could influence the market, these elements add to the dynamic nature of crypto....At the heart of this evolution is Alison Bruce Crypto, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment.

[@tramhuynh8955]

Mrs Bruce have been my backbone for about a month now. she earned me many proflts.

[@CalvinCooper-k7t]

Got a chance to benefit from her services a few weeks ago and it has been a very smooth experience.

[@Adnancorner-p1h]

I’ve seen many positive comments about Alison Bruce. Can someone guide me on how to reach her?

[@BridgetteEstevane]

Everyone needs more than a Basic Income to be Financially Secured in this present time that there's an Economic Decline.

[@MauriceWadley]

Alisonbruce… that’s her name on

[@derek.seaborn]

Attempting to be as neutral as possible here, Saifedean absolutely won this debate.

[@KittyCatClub526]

Dude is definitely great at what he does

[@davecorley5514]

I disagree. The debate simply raised further questions. That’s what all GREAT debates do. And this one was a great debate. Great debates are not “won” or lost” by the debaters or moderators. They raise even greater questions. The greatest question raised here is whether a statist economic network will prevail in the face of a perfectly networked, individually-owned currency. Saifedean answers this question late in the debate by suggesting that “new” state leaders will recognize the benefit of individually-owned currency and firm economic networks of “new” states that will overcome old “fiat” state economic networks. When will this happen? No answers here… but I think that will take centuries and wars and a new Declaration of Independence that re-states the sovereign and inalienable rights of an individual to life, liberty and property.

[@derek.seaborn]

@ well said. I just think Saif’s arguments were much stronger and better articulated. I agree that (good) debates are about discovering truth, not winning/losing.

[@blasteroid9143]

53:55 lol... I literally started howling when Saif made that counter point... Society isn't a collaboration of people working together for collective reciprocal progress, it's either a prison or a feudal farm according to Keynesians. Lol. This is it! This is basically what differentiates a bitcoiner from non coiners. This worldview.

[@bitnova5]

Great debate! Thanks!! 💯🔥🔥🔥

[@caribgriot]

Brent you’re incorrect, it’s happened historically over and over. New technology replaces old inefficient and more flawed technology. Handwritten records, information, and stories persisted for a long period of time. Today information is freely disseminated in milliseconds. Things that humans have done for millennia will be done by AI and robots better and more efficiently by an order of magnitude. Just because something is big and it’s old doesn’t mean it will remain valuable in the minds of people. So anyone can build a better mousetrap in any industry but money, and specifically the USD which is an infant in terms.of the history of currency. The dollar has to go digital whether it’s in a dystopian doomed CBDC or it’s an already existing or future stable coin or it’s backed in whole or in part by bitcoin. The reality is that bitcoin is a superior hard money and technology with ethical and decentralized functionality.

[@caribgriot]

The mousetrap reference was a rhetorical question.

[@chuck456]

What if you could reset bitcoin to its beginning and let everyone buy in cheap but put a cap on it where you could only buy a certain amount for the first year? what would this look like or am i just too high rightnow to see how this could play out.

[@pepelapiu2004]

Listening to this Brett guy reminds me how defeatist fiat thinking really is.

[@jordancudney4173]

I just have to applaud your content man, well done. Long term investors know that the market and economy will eventually recover and investors should be prepared for that rebound. I made $180k in Bitcoin in 2021 before the market crash and now I am buying again adding more at a time. Having a good financial advisor like Aaron Charles will add to your success in the crypto market..

[@jordancudney4173]

He's mostly on Telegrams, using the user.

[@jordancudney4173]

@Aaronc01… that’s his name

[@jordancudney4173]

@Aaronc01 THAT IS HIS USER NAME🚀🚀🚀🚀

[@jordancudney4173]

@Aaronc01 that is his user name

[@utecatlett7443]

As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Aaron Charles. a widely known crypto consultant

[@BTCanhonestledger]

That last 4 minutes by Saif 🔥👏 brutal beat down. Sooo many people are gonna regret not aping into Bitcoin

[@henry-d6k4z]

$100k is no longer enough to retire even in a LCOL area. Should definitely start expanding our horizons...

[@Carinzapien34]

I'm 37 and have been looking for ways to be successful, please how?? find additional sources of income; thus, I am looking at the stock market to fuel my retirement goal of $3 million.

[@FeliciaEmily-m2y]

I want to compliment you, you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..

[@MachHenry]

Assets that can make you rich *FX *Btcoin *Stocks *Gold *Real estate

[@henry-d6k4z]

Venturing into crypto as a newbie was very difficult due to lack of experience which resulted in loosing funds... But miss harriet dixson, restored hope shes a good woman

[@henry-d6k4z]

$750k biweekly changed my mindset and behavior, my goals, my family and l've to say this video has inspired me a lot!!!!❤..

[@JohnLyonsRealEstate]

Saifedean 💥

[@tomaszg1050]

Saif killed it on this one

[@Canadian_HODL]

🍊glasses! Love it Saif … 👍👍👍

[@BlackLabelExpat]

I will also say I don’t see fiat going away fully, ever. Just like the arcade can issue tokens to play in there system, every sovereign government has the right and incentive to create their own currency, but it’s also up to the induvial to decide how much to hold.

[@petersboro8502]

I'd love to see a debate between a Keynes Theorist and an Austrian Theorist.

[@garymccraner1129]

Saifedean, in more than one discussion, seems to have a brewing level of hate under the surface. He does a decent job of taming it but when it flares the conversation becomes less than enjoyable.

[@joyjayant]

Fiat currency is a recent experiment, don't forget that. Society always wants the hardest money and Bitcoin is that money. Education is the key.

[@21stCenturyEconomy]

Liquidity issues of debt-based fiat currencies will only help with adoption of hard money decentralized currencies like Bitcoin to be the global reserve currency...

[@boomme3598]

I really couldnt understand anything Brent was saying, it was like mostly nonsensical jibberish and gaslighting without any reason to back up his claims. serious red flag to anyone paying attention to this clown.

[@algislorian]

Brent and some other more traditional finance people keep calling Bitcoin private money. It's not. Bitcoin is universally accepted money. There is no private organisation behind Bitcoin. The fiat currencies are private monies, as they are issued by private Central Banks.

[@pepelapiu2004]

I think he means private in terms of the public sector versus the private sector. Private as in not state sponsored.

[@algislorian]

@@pepelapiu2004 This is where the mistake lies. People have been conditioned to perceive privately issued money (Central Banks money) as public money. But that's an inversion of terms. Gold used to be public money, Bitcoin is a public money, because there is no private issuer behind them. There is a private issuer behind Fiat, though.

[@pepelapiu2004]

@@algislorian You and I just disagree on terms. A public school is a school built and paid for by the government. A private school is a school built and paid for by the private sector. In this manner cigarettes in jail, bitcoin, and gold are private money and fiat is public money. I mean (and Brett likely means), private and public in it's issuance.

[@algislorian]

@@pepelapiu2004 I understand your view. But a central bank is not a public entity. The public has no control over the central bank. It's a private organisation. Fiat issued by the Central Banks is private money, brought into existence by the terms dictated by that private entity. Gold and Bitcoin as monies are not issued by a private entity, they are public. Like nature, it's public, regardless of which government resides over that part of nature.

[@pepelapiu2004]

@algislorian Yeah, you are 100% correct. But the central bank and the government work together to foist their fiat on the population. The government mandates the use of fiat.

[@chuck456]

If bitcoin goes to say 10 million per coin and let's say that happens in 10 years and that 10 million dollars is what it would cost you in fiat dollars and fiat is slowly going to zero then what would be the actual value of a 10 million dollar bitcoin that is based on fiat that is going to zero, help me understand, is that 10 million dollar bitcoin really going to be worth that much or will the fiat be so worthless that if you cashed out that 10 million your buying power would be nothing?

[@fernandobanos7255]

I bought silver for 20 years and now only Bitcoin. The market chose Bitcoin over gold. Many austrian economic fans are making a HUGE MISTAKE

[@jshagenow]

I know Saif probably won’t read this comment but FWIW you did an excellent job on this one! I think what you said right at the end was absolutely spot on and I wish this other group I am in…The American Monetary Institute…would pick up what you are putting out… it would be really cool if would be willing to talk to them or if I could coordinate a talk with you and them…it seems like some of their group are open to Bitcoin but many are simply not sold and I think it is because of a lack of information vs an inherent opposition to Bitcoin? Anyway if you see this and are interested I would love to make it happen…even if it cost me some sats…

[@JonMatcho]

Saif is F’ing brilliant! Brent’s arguments center around his statement “Historically people have not been free with freewill”, which is THE issue at hand.

[@eddieteah3102]

Great debate

[@MrChuckomatic]

Safe is an optimist with good reason and this guy is a pessimist and thinks we are destined to be slaves forever. I like safe.

[@aaabluezer]

A store of value does not need to be currency

[@silloh888]

Reallllly liked this one, sending to fiat friend who is basically a clone of Brent.

[@cam3ltow]

I’m favoured financially with Bitcoin ETFs,Thank you buddy.$63,700 biweekly profit regardless of how bad it gets on the economy

[@crystalsword16]

How please!? If it’s possible, I would appreciate if you show me how to go about it

[@cam3ltow]

Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency,stocks,through the assistance of my discretionary fund manager,

[@cam3ltow]

Mr James Werden

[@mathewlebeh]

I’m not here to converse for him to testify just for what I’m sure of,he’s trustworthy and best option ever seen.

[@Robert29011]

Such a genuine personality!! He is really a good investment advisor. I was privileged to attend some of his seminars. That’s how I start my crypto investment.

[@Tenebrousable]

The question is not about what the prisoners want, but what the prison warden need to trade with the other prison's warden.

[@antonioruiz-st2ls]

Digital gold yes. Global currency, very difficult.

[@tedcarr]

20:40 does Bitcoin Blockchain keep running like 2FA even when offline/ie. If the internet gets shut down?

[@stanleynnaemekaorajiaka8109]

But truth be told. It's easier to use Bitcoin than the dollar. As long as an intermediary is needed to use a money, it can't be better off one that doesn't In Nigeria we don't really see the dollar as important. And I have never used it in any way. Most of the people who use it was because of Bitcoin adoption and that's Usdt.

[@marlondlee8740]

Nvida is not a monetary system

[@federicoetchelecu3629]

Very interesting to see how a good understanding of what money actually is can open your eyes, and how a lack of it can lead you to some form of a Stockholm syndrome. Thank you very much to all three for sharing your thoughts and knowledge.

[@BLBell]

Poor guy come up with foolish theories about dollar a little man has ego bigger then himself, eventually 🏆Bitcoin will show reality!

[@leemosey]

Although Bitcoin is classed as an “asset” Bitcoin is “Money” and meets all the requirements or the perfect form of “money” not an asset.

[@5KristynSanchez]

As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Seren Wintersun’s insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings, managed to grow a nest egg of around 127k to a decent 732k. Kudos to the journey ahead!

[@5KristynSanchez]

SHE IS ON TELE GRAM.

[@5KristynSanchez]

@Serenwintersun

[@Conniemaher]

In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Seren’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.

[@79AdventureBaby]

Always backup your trading with a good strategy.

[@hollycarter3594]

The same high-yield potential exists in both bullish and bearish situations; what matters is how information and technique are used. Not neglecting professional advice.

[@tomato778]

what happens if the BTC is banned by the government. How do I buy my goods for daily needs? Should I have to leave my country to spend bitcoin?

[@cactiman]

It was already mentioned that there will always be a black market. You would be using that over hyperinflation.

[@S54VR6]

All I hear is Brent saying, it’ll never work because the government won’t allow it. The idea that bitcoin will be just for storing dollar value is ridiculous.

[@Ransomed1993]

Game theory: Bitcoin is the endgame. It was always the endgame.

[@m.vonhollen6673]

All this talk about historically money this and historically money that fails to take into account two things: computers, and the Internet.

[@SatsACart]

I think Brent came unprepared on that one. Saif nailed it

[@JasonChen]

Saif won this one by a mile

[@Tenebrousable]

Oh yeah.

[@mattdroneon58]

I actually disagree. Did we watch the same debate?

[@Tenebrousable]

@@mattdroneon58 Dollar devalues slowest among the toilet paper currencies. If it's devaluing? Btc is rising. What debate did you watch?

[@RexyCanva-nq1kg]

Just grabbed some Wurmp Inu! This could be the biggest win of meme season.

[@BTREZE]

Not the best guy to debate Safe, poor arguments but at the end is not fair because most of gold bugs or fiat advocates usually know a lot about their field of interest and little about bitcoin, Safe is an expert in both subjects. Anyway, still fun and enlightening to watch.

[@عوضربي-ك8ط]

يا دكتور لماذا بعد فوز ترامب ارتفع البيتكوين هل راح تدخل حكومة في البيتكوين لكي تسدد ديون و تسبب فقاع في البيتكوين و بعدها انهيار

[@jubbafrubby4561]

what are the pros and cons of pow vs pos? (aside from energy consumption)

[@boybata84]

Greatest debate

[@sharonW3214]

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Veronica Hoy

[@MercyJane09-22]

I'm surprised that this name is being mentioned here, I stumbled upon one of Veronica Hoy clients testimonies on CNBC news last week...

[@emmadonna1-d1n]

Veronica Hoy strategy has normalised winning trades for me also and it's a huge milestone for me looking back to how it all started

[@LuckyG22-iv8ds]

Really you people know Veronica Hoy? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

[@KellyRolls231]

As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

[@CharityMelinda]

The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.

[@adamcar9376]

This is so good !

[@JonMatcho]

Saif: Bitcoin will change everything for the better. Brent: We’ve always done it this way.

[@chrismale9976]

Saifs a beast lol. Brent is stuck 10 years ago, and in government mental chains, ashame.

[@itssteve6018]

He's like the elephant that grew up from an infant with a leash around its neck, still believing the lease holds them trapped as a several ton adult.

[@MrAnnihilator22]

@@itssteve6018well said

[@satoshidownunder]

Domesticated slave at best

[@BrandonWoods-Viviano-yj8pl]

Hyped for Wurmp Inu! If this isn’t the meme coin of 2024, I don’t know what is!

[@Richard-ki4nkgm]

1:04:53 brett forgets to mention that these problems were created by bankers manipulation... fractional reserve

[@Richard-ki4nkgm]

Derivatives destroy money

[@filexlathreem892]

Bravo Ammous!! 🦾🧠

[@TerranceMoore-zy5vv]

Everyone’s talking about Wurmp-it's everywhere! This could be the next big meme coin.

[@iyaoyasbling6464]

Nobody’s really saying that we have nothing to worry about and bitcoin is inevitable. Nobody’s really saying that.!

[@MarkFinelli]

Brent doesn’t understand that bitcoin is a better means of exchange than a store of value but the former isn’t needed yet.

[@chefdenker704]

Governments would never choose gold as money hahaha

[@Mantas-cl3zy]

Saif bombarded with facts. Brent with dystopias 6000BC. Take me as an example. In 2022 I sold my Real estate and bough bitcoin, I cannot imagine how much I would have lost if I bought US Treasuries instead of bitcoin. I would have probably lost my fnk mind and hair if I have listened to Brent instead of Said. And that's facts.

[@georgelien]

Awesome ! 😂 I love these

[@leroyessel2010]

Petrol Dollar can’t compete with Hydrogen Economy now that Eirex Technology and Ayrton Energy has arrived.

[@noone3116]

Good people 👍

[@theglimmerman]

Brent needs to increase his probability of Bitcoin's future as the world's reserve currency. And he probably will as time goes on. I believe once the baby boomer generation pass away, the level of technological intelligence of the worlds population and the individuals self interest will all but ensure that the hardest money, Bitcoin, is well and truly the worlds reserve currency and we will be on a Bitcoin Standard. I believe an important battleground is the fight for the wealth of the baby boomer generation. The people who inherit this wealth collectively will have enormous power to fast track a Bitcoin Standard if they invest majority of this wealth into Bitcoin.

[@puravida1159]

This Brent guy is full of straw man arguments. Such as if the price goes up doesn't mean you have the world's reserve currency. No one ever said that. Or he says people expect Bitcoin to take over in the next couple of years or couple if months. No one ever said this either. And if he thinks US is the biggest toughest guy is long gone.

[@The3rdTower]

Almost all are against Bitcoin, before they are for Bitcoin.

[@rubenortega6088]

Imagine someone telling the post office will beat the internet because most ppl today use the post office 😂😂.

[@matthewg1382]

Brent read softwar pls

[@plumrocket2141]

There will be two worlds in parallel, a world of Bitcoin and a world of CDBC, some people will get rekt and some will do very well.

[@TheGoldeyFamily]

Come on people. Stable coins are meant to prop up the the US treasuries. It's a damn game and you don't know the rules and can't see anyone's moves.

[@weilunlow6713]

As a bitcoiner, I agree with his views. And kudos for the patience.

[@MM-su9ew]

Brent stuck in tradfi---defending the fax machine !!!!!!!!

[@beeforbacon]

Listening to Brent make 2014 era debunked arguments gave me brain cancer

[@Barbarakaren7418]

Fantastic video🔥🔥! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??

[@ramonsean-gx6qd]

Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.

[@TonyStanley-pn1bu]

If you are trading without a professional guide... Ah, I laugh, because you will stay where you are or even suffer huge losses that will prevent you from trading, this has been one of the biggest problems for new traders.

[@GuillaumeTheo-dk9ct]

I think l'm blessed if not I have met someone who is as spectacular as expert mrs Janet.. Highly recommended🙌

[@AustinTheory-eb1kg]

Wow, I'm surprised to see Janet mentioned here as well. I didn't know she had been kind to so many people

[@Nate-Ricardo199]

​​I'm also a huge beneficiary of her.. I thought myself and my family were the only ones enjoying Janet trade benefits...

[@sanjayaiyar4351]

This guy is a moron. His argument is essentially it’s never happened before so it won’t. Except he keeps making excuses why and ever aspect of bitcoin solves those problems. Yet he clearly doesn’t listen because he completely misses those characteristics.

[@mets580]

Brent said this is not what history shows, then goes on to explain how everytime there was an emergence of superior money. It succeeded.

[@armandm75]

I respect both views... but why do people setup the debates with a bitcoiner and a tradfi guy that has done no real research on bitcoin and blockchain.. please educate yourself more before debating a bitcoin

[@greenparksandblueskies9099]

I still think Brent offered decent points how governments won't lie down and accept BTC without some heavy hands. His approach was very dollar and fiat related and just re affirmed the fact that the dollar will never go away

[@robsmith2227]

Nice video, saif. Fair point that shutting down the internet forever ain’t gonna happen. Also fair point that within the USA, the big bully will decide what money we use. No money paradigm shift will happen overnight. Bitcoin will continue to thrive alongside a slowly sinking ship. Time will tell, i guess, and im bullish on btc

[@TylerMcConnell]

1:07:13 Haha, people can simply refuse in mass to use your bitcoins, dude. People come first over money - whatever form of money that is.

[@villhelm]

Why would we refuse to use bitcoins? They have been very useful for me. As long as something provides a use people will use it. For me being able to move my money anywhere on earth without my oppressive government stopping me, stealing it or a bank giving me permission. It has allowed me to protect my wealth from theft by my own government.

[@logankeel710]

Quick question. If Btc is safe from government expropriation, how does the us government recover ransoms paid in Btc?

[@raza.m]

Decentralised technology will play a part to take the power of controlling money from the hands of fiat controllers. Brent simply understand the economics of Bitcoin but lack understanding of it's untouchable and unconfiscatable technology.

[@raza.m]

As George said, people finally have choice to say F You to controllers

[@DavidLawrenceDaley]

I’m sorry but this dude has not upgraded his thinking. Everything he has said is through the lens of fiat. It’s mediocre and I say that without disrespect

[@logankeel710]

Saif is correct about Btc in the long run, but by the time that happens, like Keynes says, we will all be dead. Brent’s views are 100% correct. The Btc arguments have been made about gold and as we see the dollar is the winner, as much as I don’t like it.

[@robnj4]

the dollar is only the winner vs gold due to gold being physically not feasible for trade, which isnt the case for bitcoin. Gold ended up getting centralized and then dollars were pegged to gold, until they weren't.

[@markletourneau6360]

This is clear omittance. #xro

[@tebohomofokeng6767]

Non bitcoiners simply have no arguments against bitcoin