Best Bitcoin Debate:

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Real Vision

Real Vision

Күн бұрын

Пікірлер: 3 700
@RealVisionFinance
@RealVisionFinance 3 жыл бұрын
TIMESTAMPS: 00:01:19 Opening Statement: Green 00:07:55 Opening Statement: Pomp 00:13:07 Nefarious Activity and Transparency 00:23:26 Who Controls Bitcoin? Should It Be Banned? 00:35:23 Are There Benefits of Bitcoin to the US? 00:46:30 Exposure to Bitcoin in an Unpredictable Future 00:52:19 Can Bitcoin Be Successfully Attacked? 00:59:41 Is Wide Spread Adoption Likely? 01:11:44 Final Thoughts 🔥 𝗚𝗘𝗧 𝟳 𝗗𝗔𝗬𝗦 of Real Vision Premium access & insights for only $𝟭 (seriously!) rvtv.io/RVfor1dollar
@abc-hi6df
@abc-hi6df 3 жыл бұрын
Mike has a strong bias, but weak analytical abilities.
@Guywithafork
@Guywithafork 3 жыл бұрын
Someone mentioned Andreas antanopolis , he would have eaten Mike for breakfast pomp is great but he is more about the asset where as bitcoin and the Genesis block is a direct attack on the banks and we all support it that is why we are investing and getting those around us to do the same .... the current global currency’s are debt based !?!? And can’t get out of that debt ..?? For many reasons Bitcoin is here and we will do all we can to keep it here . Pomp was silly to ignore the Genesis block and why it was created , honesty is needed . This is for our freedom 🔱 the banks and their friends have had many hundreds of years of dominance and war .... this is the last war ! Bitcoin is a fork for society and it’s been decided to be implemented ✌️💚☯️🔱🤿 viva la revolution
@globi166
@globi166 3 жыл бұрын
Shame Pomp didn't answer why China is blocking free Internet for its citizens but in not blocking BTC.
@globi166
@globi166 3 жыл бұрын
@Andre Anyone wow it's like we both watched different podcast.
@stevenmartin6271
@stevenmartin6271 3 жыл бұрын
it wasnt a guide
@RobSoltan
@RobSoltan 3 жыл бұрын
I vote this moderator for all future political debates in addition to financial ones. Fantastic work.
@aljosanovak3539
@aljosanovak3539 3 жыл бұрын
Both participants were respectful, didnt interupt each other even doe they disagree. Moderator was not even needed.
@danew6014
@danew6014 3 жыл бұрын
@@aljosanovak3539 I would guess the participants behavior would’ve been different without the presence of a moderator
@ErinLAnderson
@ErinLAnderson 3 жыл бұрын
100%
@billyduff6491
@billyduff6491 3 жыл бұрын
Notice the type of companies buying Bitcon with their cash versus those buying up their own stock. So we should all sell our stocks and hand over our cash to someone who is selling us their Bitcon? Why are they selling?
@frontview1
@frontview1 3 жыл бұрын
Rob Solton, I watch your channel all the time bro. Keep it up!
@palettes
@palettes 3 жыл бұрын
This dude was a fantastic moderator.
@austinshaf799
@austinshaf799 3 жыл бұрын
Yeah he was great
@testarchitect
@testarchitect 3 жыл бұрын
Totally agree. Am very much impressed as well. Wish we would have similar characters in mainstream media.
@johnstrackjoke2204
@johnstrackjoke2204 3 жыл бұрын
100% agreed. And so was Pomp...
@sticksandstones3277
@sticksandstones3277 3 жыл бұрын
Few debates were I come away respecting all parties involved, high quality thinking
@kryptoskaos6214
@kryptoskaos6214 3 жыл бұрын
Astute way of keeping the debaters from losing face and showing higher ground...excellent.
@garfunky2
@garfunky2 3 жыл бұрын
What this had made me do is to look up more of Mike Green's opinion. I love listening to smart articulate people who are against bitcoin. Too many vids on youtube are simply in an echo chamber. It is important to listen to the other side
@MrRschneider7789
@MrRschneider7789 2 жыл бұрын
Except he was lying through his teeth.
@abrahameldho3688
@abrahameldho3688 2 жыл бұрын
In a system where only the wealthy can grow is an absolute non sense. In this system an engineer (myself) need to be a real estate agent or a trader and invest so that my savings don't loose value. It's might be easy for a person like me. But for a person who earns daily wage to eat daily to keep up with their daily spending cannot be expected to do this.
@griefwnl7641
@griefwnl7641 2 ай бұрын
Ah yes, it is in fact refreshing to hear someone agree with your perspective isn’t it?
@jayborn922
@jayborn922 3 жыл бұрын
It is refreshing to hear people of different opinions have an actual conversation and bring solid points to the table... such a rare thing today.
@50kT
@50kT 3 жыл бұрын
No you're wrong, that's racist. .
@Architectessentials
@Architectessentials 3 жыл бұрын
@@50kT LOL
@jonathanperez8386
@jonathanperez8386 3 жыл бұрын
😂
@GoodFellaHarn
@GoodFellaHarn 3 жыл бұрын
@@50kT Lol
@ErinLAnderson
@ErinLAnderson 3 жыл бұрын
👏 👏 👏
@leahcim967
@leahcim967 3 жыл бұрын
I’d love to see a Michael Saylor and Mike Green debate.
@philippe8160
@philippe8160 3 жыл бұрын
@Andre Anyone I would say Green is a payed propaganda tool. Question: What is your view on Bitcoin? Answer Green: It is an evil tool used by Iran, Russia and China to sell drugs to American babies and stop us from bombing countries to keep the MIC going.
@robhumes2
@robhumes2 3 жыл бұрын
Mike ate this guy up with objective data that I would have loved to hear refuted, instead of defensive soundbites. I hope Anthony is right because I have a lot to lose, but he's too emotionally fragile to defend. Get Saylor!
@kyler565
@kyler565 3 жыл бұрын
I would like to see Michael Saylor vs Noriel Rubini
@damienwins6185
@damienwins6185 3 жыл бұрын
NO,,, too many analogies for me to handle....
@mannysykes
@mannysykes 3 жыл бұрын
It’s be a blood bath, poor mike.
@cryptopotimus
@cryptopotimus 3 жыл бұрын
"I don't see China shutting down miners..." Lol that aged well.
@LukeTeel
@LukeTeel 3 жыл бұрын
Time hack your quotes man.
@josephbyrne7864
@josephbyrne7864 3 жыл бұрын
That did not age well bro🤣 I laughed out loud at 42min 36sec. I think both are right, bitcoin will never be the world currency however, at the end of consumer capitalism and the ensued subscription based economic system will ensure that deflationary assets will be out of reach for those can't afford to be financially independent!
@Stentz1
@Stentz1 3 жыл бұрын
Ha Ha. These guys will buy Bitcoin at 250000.
@tmo2798
@tmo2798 3 жыл бұрын
@@Stentz1 250 000 yuan, MAYBE. Bitcoin is an obvious scam.
@Maxi86inAction
@Maxi86inAction 3 жыл бұрын
They did it because they have a power crisis, not because they don't like bitcoin.
@williamnyakatura9670
@williamnyakatura9670 3 жыл бұрын
Thank you Pomp and Mike. The moderator was excellent. The argument was educative. Thank u Real Vision ....
@vvolfflovv
@vvolfflovv 3 жыл бұрын
Imagine presidential debates were as civilized as this by even a fraction?
@nichole2757
@nichole2757 3 жыл бұрын
Imagine one where at least one of the candidates wasn’t a narcissistic sociopath lol
@vvolfflovv
@vvolfflovv 3 жыл бұрын
@TrollMaster Fictitious Fables of Europa oh hey man :)
@WilliamSchlott
@WilliamSchlott 3 жыл бұрын
Mr. Green looked bored even.
@robryan751
@robryan751 3 жыл бұрын
Yea, but there was a ton of "shade" being thrown. They just sounded civil. lol
@web2yt488
@web2yt488 3 жыл бұрын
Imagine if we had unbiased media period.
@yazanabdoush7030
@yazanabdoush7030 3 жыл бұрын
Can't argue with the fact that Mike is really articulate.
@cryptorio1570
@cryptorio1570 3 жыл бұрын
That's about it.
@ComstockRoyalty
@ComstockRoyalty 3 жыл бұрын
Understatement. This is a policy matter and not a money making opportunity. Anonymous outsourcing of finance and banking? What could go wrong??
@marktube5732
@marktube5732 3 жыл бұрын
His ideas and way of looking at things are a bit weird.
@Nico-zw9ud
@Nico-zw9ud 3 жыл бұрын
@@marktube5732 At least he's not as bluepilled a Pomp
@Drizzly_Bear
@Drizzly_Bear 3 жыл бұрын
My favorite articulation of Anthony’s: “Mike likes to use sleight of hand and insults when he’s backed into a corner. I’m not like Mike and I’m not going to do that. And I DO know technology and how it works, because I was once employed by a tech company.” My ex-girlfriend used to work for JetBlue as an IT manager. She didn’t know a thing about jet engines. I once worked for an architectural firm. I was the janitor. Would you like me to design your next house?
@TheBanterCity
@TheBanterCity 3 жыл бұрын
Timestamp Summary 01:25 - Background & Opening 7:00 - BTC is Anti-USD? 12:30 - Should we ban BTC? 17:10 - is BTC China controlled? 23:00 - Mike rebuttals 52:00 - 51% Attack on BTC 59:00 - 1% exposure vs CBDC/Gold 01:05:00 - BTC is Monopoly game Some timestamps got deleted while editing, sorry.
@skym399
@skym399 3 жыл бұрын
Thank you!
@zans3658
@zans3658 3 жыл бұрын
Fantastic debate. Enjoyed the passions of both guests. Less personal attacks would have been more civilised.
@spenser6353
@spenser6353 3 жыл бұрын
Pomp schooled him
@OldManNutcakez
@OldManNutcakez 3 жыл бұрын
Bitcoin maxis tend to be very emotional, hence the ad hominem attacks arent surprising.
@newmoney2994
@newmoney2994 3 жыл бұрын
Thanks for the feedback, for tips, support and guidance on stocks, cryptocurrency and assets
@koumouts
@koumouts 3 жыл бұрын
Pomp is a turnoff...
@nishensemble
@nishensemble 3 жыл бұрын
@@OldManNutcakez And yet it amusingly all started with a money manager - who is asserting understanding of technology if only to impeach it - claiming someone else (who worked at a technology firm for years) isn't a technologist is the classic ad hominem. Nocoiners tend to become emotional when they're busy implicitly shorting one of the greatest technologies ever created.
@Cicatka.Michal
@Cicatka.Michal 3 жыл бұрын
I must say I love the fact, that they actually let the counterpart SPEAK. They take notes and then react in a civil manner. I would love to see this in the politics debate so much! Kudos for all of them!
@guts2112
@guts2112 3 жыл бұрын
Most of my assets are in crypto but I don’t like how Pomp was being so accusatory and sensational in this debate. He put a lot of words in Mike’s mouth.
@mariai9549
@mariai9549 3 жыл бұрын
yep. I heard the same.
@macrostheblack2486
@macrostheblack2486 3 жыл бұрын
I heard the same. I wouldn't trust Pomp to hold 1 cent of mine.
@somethingginterestingg4275
@somethingginterestingg4275 3 жыл бұрын
He's very easily triggered by people who don't agree with him. But as I watched more, the other guy was pretty patronizing. So I can't blame him
@cykablyat1466
@cykablyat1466 3 жыл бұрын
Pomp comes out as a generic story investor who has his entire portfolio in bitcoin and "save the world" kind of investments and gets triggered with people who don't share his same views. Mike on the other hand is just China/Russia/Iran fear mongering.
@themountain3461
@themountain3461 3 жыл бұрын
Mike "I wouldn't trust Michael Saylor but I trust regulators" Green. Smart guy, but hopelessly cynical. Stockholm Syndrome at its finest
@KiwiMC99
@KiwiMC99 3 жыл бұрын
Great to see adults discuss BIG issues in a calm manner. Well done Mike and Pomp, oh and Ash for keeping it all cool and useful.
@frankymacf
@frankymacf 3 жыл бұрын
Pomp is HODLing so hard he won’t even buy himself a decent internet connection and audio set up
@kylehustead5930
@kylehustead5930 3 жыл бұрын
Lol
@MrColeBeans
@MrColeBeans 3 жыл бұрын
🤣 give him a break he just moved to Miami I think
@miha424
@miha424 3 жыл бұрын
The hodling is the actual problem with crypto. If there is no trading in long and shorts, bitcoin will experince the same thing that happened to gamestop. Lots of bagholders and they are not going to be the ones who know how markets work. Not everybody can just hodl, what happens when theres no new suckers coming in anymore? A stock needs buying to go up, but it can fall on its own.
@zitoschouten5068
@zitoschouten5068 3 жыл бұрын
Hahahahah
@micro-emprendimientos.1642
@micro-emprendimientos.1642 3 жыл бұрын
So freaking annoying.
@Hugh213
@Hugh213 3 жыл бұрын
It’s a rare debate that all three participants are well informed, civil, and have respect for one another. I have shared with everyone I know who are bitcoin and/or gold investors.
@mickeydrago9401
@mickeydrago9401 3 жыл бұрын
No actually Mike is misinformed and I think just making up data
@mcd5778
@mcd5778 3 жыл бұрын
@@mickeydrago9401 what data?
@gdolven
@gdolven 3 жыл бұрын
aaaaah, I don't know what you were watching. Pomp acted like a child
@Diabolical3010
@Diabolical3010 3 жыл бұрын
@@quantum_ocean Pomp could not answer the 7 billion dollar question as well
@ilevakam316
@ilevakam316 3 жыл бұрын
Mike did a great job, but Pomp did a horrible job. Sounds like he never heard of or thought about the issues raised by Mike. The BTC community is completely filled with people like Pomp. The arguments have changed so much for BTC "Money -> Currency -> Digital Gold -> Store of Value" and now its a "protocol." The psychology of this market is too reminiscent of a bubble to be investable, but its certainly fun to watch.
@jackw.3978
@jackw.3978 3 жыл бұрын
Look... every single person I know wants the central bank to stop printing money. So it's not simply about communicating our preferences. They won't stop printing. So our way to communicate is to opt out of the system!
@bcshu2
@bcshu2 3 жыл бұрын
buying precious metals, buying crypto I do not necessarily believe is ultimately opting out of the system. You can't really opt out lest you completely unplug from the system. At best, crypto and precious metals and other vehicles are merely ways to guard ones wealth from the ravages of the system .... not really opting out. You can't, as of yet and it will be resisted strongly, be paid in these forms, to transact in these forms full out. Best you can do is secure your wealth, ideally, redeem it for other forms of currency in order to engage in other transactions. The day may come where one does not need to redeem these alternatives stores of value before preforming basic, standard transactions, but I do not see that day as today. If one wants to communicate their displeasure at the destruction of the dollar, one needs to communicate this with those they elect. Unless this occurs, there is no incentive otherwise to act unless the crash of the system forces action .... and in that case, chances are those elected will not correct for the original error, but will double down on poor central planning and ensure greater future pains. Politicians are responsive to pressure. We see this in Covid. With a recall petition with over 2 million votes, all of a sudden the Governor of California is beginning to 'see' the science which now warrants changes in executive orders. It is funny how science all of a sudden seems to present itself that certain restrictions by government mandate are no longer necessary when the populace applies pressure. Don't wait for the 'right' people to populate the positions which impact us ..... make the system preform no matter who is in those positions.
@tilus75
@tilus75 3 жыл бұрын
They can`t stop printing now. The system will fail and fall immediately.
@cryptojosef4035
@cryptojosef4035 3 жыл бұрын
So true! Halleluja!
@ryderbrooks1783
@ryderbrooks1783 3 жыл бұрын
I promise you they don’t actually want what they’re asking for. It would be a bloodbath
@gdolven
@gdolven 3 жыл бұрын
Mike is a legend. Last 20min insane
@GForceimpact
@GForceimpact 3 жыл бұрын
Outstanding discussion... Extremely well moderated. I'm a Bitcoin investor and 35 year trader. Mike Green's perspective is powerful and necessary. Great job to all three participants!
@kiwi123467
@kiwi123467 3 жыл бұрын
Got zil port happy with passive income
@GDKLockout
@GDKLockout 3 жыл бұрын
I tend to think of the US gov as the enemy, so even if mike is right, im a moonboy.
@jaredstevens5382
@jaredstevens5382 3 жыл бұрын
I feel like such a fish out of water anytime either of them speaks I get persuaded to their position
@goranmilic442
@goranmilic442 3 жыл бұрын
If set of all investors pays certain fee to miners, doesn't that mean investors (in total) will always be in loss? How can investors gain their money back that they lost to miners' fee, other than from other investors?
@reecebygrave7211
@reecebygrave7211 2 жыл бұрын
@@goranmilic442 are you talking in the context of 'investors' being people that hold btc directly?
@AJFADEYI
@AJFADEYI 3 жыл бұрын
Mike: War is not an economic interest. Military Industrial Complex: Am I a joke to you?
@ryanharriss7950
@ryanharriss7950 3 жыл бұрын
Military industrial complex, probably the single most pertinent factor influencing countries to forsake ethics and morality in favour of economic gain...
@Garpovic
@Garpovic 3 жыл бұрын
Was thinking the same thing...If you've been a professional investor for over 30 years like Mike has, and putting out such an obviously false claim, that makes me take the rest of his assertions with a proper grain of salt.
@XDarkKalealX
@XDarkKalealX 3 жыл бұрын
I don't think he is talking about the war you are thinking of. Probably more of currency war.
@hell_pike9150
@hell_pike9150 3 жыл бұрын
Am I wrong or isn't literally every single war centered around economic needs
@jsalva01
@jsalva01 3 жыл бұрын
You’re confusing economic and strategic
@Real_KCHL
@Real_KCHL 3 жыл бұрын
This debate is gold, textbook example of how a mature conversation should be.
@Nico-zw9ud
@Nico-zw9ud 3 жыл бұрын
I thought Pomp was kind of childish
@dualfluidreactor
@dualfluidreactor 3 жыл бұрын
Except Pomp evading marks argument and personally attacking him
@petermatthews2831
@petermatthews2831 3 жыл бұрын
@@dualfluidreactor His basis for every reply was "Well people are buying it!"
@austinhamilton9444
@austinhamilton9444 3 жыл бұрын
Lol mature? Hardly. When you personally bash people in your statements, I wouldn't consider that mature. Saying Micheal Saylor is not someone to accept life advice from because he's invested in Bitcoin is absurd. Especially since Micheal is extremely intellectually inclined.
@tiffanymay526
@tiffanymay526 2 жыл бұрын
I would say this debate is Bitcoin 😊
@robertdiggins7578
@robertdiggins7578 3 жыл бұрын
We already outsource our monetary system using the"Federal" Reserve.
@mattb6646
@mattb6646 3 жыл бұрын
Self appointed and uncontrolled by countries, Greenspan said it himself, there is no authority to which they report to
@KiwiMC99
@KiwiMC99 3 жыл бұрын
A (very) private corporation since 1913. Could that happen today?
@Stewiehleba
@Stewiehleba 3 жыл бұрын
The Fed is created by, accountable to, and under the purview of Congress.
@mattb6646
@mattb6646 3 жыл бұрын
@@Stewiehleba yeah its so accountable that its never been audited and rejects attempts to do so. Not sure where you get your info but it doesn't check with reality
@robertdiggins7578
@robertdiggins7578 3 жыл бұрын
@@Stewiehleba No, they aren't. Alan Greenspan stated that publicly and you can look it up on KZbin. Our government gets to pick the chairman and that's it. It's an unregulated private body and any other influence is feigned. The only thing that Congress could do, to r"egulate" the Fed, is to decide not to use them, completely, by deciding to use our Treasury to print our own money, which was the original intent. We could create our own money, but chose to borrow it, at interest, from a group of private banks.
@ChintanCG
@ChintanCG 3 жыл бұрын
The best debate I've seen in recent times.. Will be great to come back to this in 2030
@cryptorio1570
@cryptorio1570 3 жыл бұрын
Lol! Come back in 5 to 10 years tops. Crypto and bitcoin are NOT going away.
@JamieBordbar
@JamieBordbar 3 жыл бұрын
That is the only way to settle the argument !
@tmo2798
@tmo2798 3 жыл бұрын
@@cryptorio1570 Right now, Bitcoin is a textbook Ponzi scheme: It has no intrinsic value. You can’t eat it, wear it, or heat your house with it. ... It is not a productive asset. It’s not a factory that produces an item. ... It has zero underlying value. None. ... It has minimal utility. ... Its value is solely derived from the trust that the price will continue to rise indefinitely. ...
@yancur
@yancur 3 жыл бұрын
@@tmo2798 Right now, Gold is a textbook Ponzi scheme: It has no intrinsic value. You can’t eat it, wear it, or heat your house with it. ... It is not a productive asset. It’s not a factory that produces an item. ... It has zero underlying value. None. ... It has minimal utility. ... Its value is solely derived from the trust that the price will continue to rise indefinitely. ...
@jazes8423
@jazes8423 2 жыл бұрын
I would like to have a more intellectual no coiner instead of this Mike guy.
@StromkirkCurse
@StromkirkCurse 3 жыл бұрын
Actually not a clickbait title. Both Anthony and Mike are really articulate and calmly discuss their point of views and the moderator actually knows how to moderate properly. Didn´t expect to see such a simple yet brilliant discussion here on youtube, thanks for the upload.
@robs2579
@robs2579 3 жыл бұрын
The debate was moderated professionally yes, but pomp was absolutely terrible at defending himself, insulting Mike emotionally and could not remain levelheaded either.
@withoutwroeirs
@withoutwroeirs 3 жыл бұрын
Pomp attacks Mike rather than his arguments. That is a shame. Mike made some solid points which would benefit us all to explore rather than ignore.
@MB-hi2ef
@MB-hi2ef 3 жыл бұрын
Absolutely right, Pomp made it personal- big disappointment--
@anthonycarrillo16
@anthonycarrillo16 3 жыл бұрын
Exactly, “I lIkE tO ExPlIn ThInGs tO PeOpLe lIkE ThEyRe 3Rd GrAdErS” Pomp simply believes that Bitcoin is the ONLY crypto currency out there, why are there no discussions about Alts being superior to bitcoin? Bitcoin played a role to introduce us to Crypto and have these conversations about future of finance, but it is definitely not superior to other projects. First bitcoin is going to uproot evil banking system, now bitcoin is going to moon because banks and politicians own it.
@eddyfreddy4277
@eddyfreddy4277 3 жыл бұрын
@@anthonycarrillo16 Bitcoin does have all the problems mike pointed out but plenty of alts don't and have inherent value to the world everyone can see.
@rustyfoot7
@rustyfoot7 3 жыл бұрын
@@anthonycarrillo16 Bitcoin is the only decentralized non-fiat crypto there is...that's why it's superior to alt coins which are all centralized to some degree. Bitcoin has value for its fundamental attributes...not what Mr. Market says the price is in terms of fiat dollars.
@mariai9549
@mariai9549 3 жыл бұрын
agree. might Mike know someone at NSA?
@4183Johnny
@4183Johnny 3 жыл бұрын
I expected a lot more out of this to be honest. I am a big Pomp fan but he failed to address on merit many of the "facts" brought up by Mike. Instead he kept on talking about his vision for bitcoin or repeatedly stating how misinformed Mike's vision was, without really stating why.
@ivanai6622
@ivanai6622 3 жыл бұрын
I'm not that surprised. Pomp is a smart guy but still pretty young and def part-PUMP.
@businesspartners619
@businesspartners619 3 жыл бұрын
He had to dumb it down for Mike.
@sebastiandaniel1099
@sebastiandaniel1099 3 жыл бұрын
I thought he did a great job discrediting mikes ideas. Pomp offered facts mike offered only his opinion
@themomentalist
@themomentalist 3 жыл бұрын
I’m glad you acknowledged how bad at debating that Pomp guy was. All he did was claimed the other guy was saying things that he never said and then swerved every question put to him. His smug arrogance was very off-putting, as well.
@forresthopkinsa
@forresthopkinsa 3 жыл бұрын
@@businesspartners619 Dumb it down for Mike? Mike offered sophisticated technical criticisms of the Bitcoin blockchain, and Pomp couldn't even respond to it, with the excuse of "making the debate understandable to a 5 year old". what??
@BlergleslinkVettermoo
@BlergleslinkVettermoo 3 жыл бұрын
Although this debate is indeed civilized and well-moderated, I must say that Pompliano is not really engaging Mike Green's specific arguments. Instead, he is destroying a strawman of his own making.
@gregoryorr8518
@gregoryorr8518 3 жыл бұрын
BITCOIN IS THE ONLY TRUE DEMOCRACY EVER EXISTS IN THE WORLD
@gregoryorr8518
@gregoryorr8518 3 жыл бұрын
Mrs clara
@thousandaireradio3199
@thousandaireradio3199 3 жыл бұрын
Wow you really get it
@ilevakam316
@ilevakam316 3 жыл бұрын
This is basically every BTC supporter
@jayhilton5429
@jayhilton5429 3 жыл бұрын
Incorrect. He is saying that despite ANY argument against bitcoin, the answer is not to ban bitcoin and leaving america behind... There are plenty of micro arguments, but only one true argument is debatable. Do we embrace this technology, or get left behind?
@InvestGlobal
@InvestGlobal 3 жыл бұрын
We need more thoughtful conversations like this where both sides can clearly articulate their perspective while not interrupting each other. Well done!
@simonmasson-dupras3946
@simonmasson-dupras3946 3 жыл бұрын
yeah i love it when people who are arguing against eachother sre lisening
@SOAP1000
@SOAP1000 3 жыл бұрын
Crypto holder and ill say Mike made some very persuasive arguments.
@bgbusiness_
@bgbusiness_ 3 жыл бұрын
Same. I think he was pretty logical and I did agree some certain parts of his viewpoints although I am bitcoin believer.
@Tenebrousable
@Tenebrousable 3 жыл бұрын
@@bgbusiness_ Only if you believe that USA government has the right to starve and punish Iranian and NK people by denying them access to international finance and markets. National sieges only reward and solidify those regimes. 70 years of practice stands as absolute proof. There is no reasonable debate left about the matter. The results are in. Get with the program. Logic stands on initial assumptions that the logic can not prove. Internally consistent logical construction is easy to make. Are his assumption correct? He starts from "USA has the right to siege foreign nations." No. That mos def is not correct.
@maxflight777
@maxflight777 3 жыл бұрын
Soap... yes , I felt the same.
@bahmak2003
@bahmak2003 3 жыл бұрын
@soap which argument? Care to explain?😂😂😂
@MassacrisM
@MassacrisM 3 жыл бұрын
Yep. He just brings up the usual concerns with crypto. All the other guy does is attacking the person instead of the arguments while making none but speculative claims. Comes off more of a crazed cultist.
@arimichael2499
@arimichael2499 3 жыл бұрын
HONESTLY THE REAL SUPERSTAR OF THIS DEBATE IS THE MODERATOR. FLAWLESS MODERATION. NO CAP.
@elbib73
@elbib73 3 жыл бұрын
Mike Green did great composing himself....with all of Pomp’s insults.
@JorgePerez-ui2qp
@JorgePerez-ui2qp 3 жыл бұрын
to be fair, they both insult each other.
@DanielNavetta1
@DanielNavetta1 3 жыл бұрын
@@JorgePerez-ui2qp Sure, but it definitely seemed that Pomp went after Green more than the other direction.
@BestBassTabs
@BestBassTabs 3 жыл бұрын
Absolutely. I couldn’t take Pomp seriously with all the unnecessary childish, passive aggressive digs.
@ashtagbeats
@ashtagbeats 2 жыл бұрын
I understand no one was yelling over each other or whatever, but people seriously take this guy seriously at all?
@MrLazyleader
@MrLazyleader 3 жыл бұрын
Pomp has such a childish way of arguing. Too much mud slinging, too few arguments.
@nathanielbowers8099
@nathanielbowers8099 3 жыл бұрын
No actual answers you ever notice how a question is answered with speculative theory?
@wooskie29
@wooskie29 3 жыл бұрын
That's because he can't argue the points.
@johnlocke9609
@johnlocke9609 3 жыл бұрын
In fact I was surprised about that, he didn't mentioned how many billions are needed to reverse the network.
@gdolven
@gdolven 3 жыл бұрын
amen
@Elpirado100
@Elpirado100 3 жыл бұрын
He s a buttcoin shill
@nohumbug8636
@nohumbug8636 3 жыл бұрын
Let’s talk about the cash that got dumped into the Iraq war and promptly disappeared and the trillions sent to central banks in 2008.
@mickeydrago9401
@mickeydrago9401 3 жыл бұрын
The Genesis block of the Bitcoin Network by Satoshi is now a historical marker of 2008 and the failure you mention...
@mickeydrago9401
@mickeydrago9401 3 жыл бұрын
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks", That's what Satoshi said on that Genesis block of the Bitcoin network, Not sure he imagined the second far larger wave of quantitative easing in this last year!
@jedicouncilelonmusk
@jedicouncilelonmusk 3 жыл бұрын
Your section of opinion with 2 replies was wisdom I distasteful gained. Sadly grateful.
@mattz5747
@mattz5747 3 жыл бұрын
Pomp has a lot of skin in the game. He doesn’t address many of mike’s points head-on. Bitcoin, at this point, is all about risk management and pomp’s views tend to ignore risk management in general.
@MrReconjon
@MrReconjon 3 жыл бұрын
He actually specifically addresses this a few different times in other podcasts. His reasoning is that he's young and capable of recovering even if this bet goes to zero. Can't fault his logic there.
@G8tr1522
@G8tr1522 3 жыл бұрын
pretty much how i felt about the debate. Pomp seemed very emotional. We cannot discount the possibility that the US govt will ban bitcoin transactions. It is definitely on the table. Pomp kept saying that Mike was advocating for banning it, when he clearly isn't, especially if you've listened to his other interviews. At the same time, i don't see a world where crypto completely disappears. We need to be ready for when the revolution happens. It is coming.
@varunsahlot
@varunsahlot 3 жыл бұрын
@@MrReconjon having 80% in one asset is a bias and affects anything u say. So shuld public take him seriously, I don't think so. He is gambling bcoz he is young and not investing.
@MrReconjon
@MrReconjon 3 жыл бұрын
@@varunsahlot I absolutely agree that anyone in any situation should be taken with a grain of salt especially if there is clear incentive for their behavior. That being said making a highly concentrated allocation also shows a high level of conviction at least for the short term from someone closer to the industry than ourselves. Words and actions. Take it all for what you will and make your own choices accordingly. If I were to tell you that I'm 80 percent commodities and producers, 5 percent growth and 15 percent cash would that make me un credible? Or would it just show you how serious I am when I say I'm confident that the system is very shaky and I believe that they are going to inflate or bust. I'd argue that me saying that would be taken more seriously than me being in a 60/40 and saying the same thing.
@razadaza9651
@razadaza9651 3 жыл бұрын
@@G8tr1522 the US govt cannot and will not ban bitcoin... it has far too much risk as a democratic republic and reputational risk if they had to do it, they should have tried it (and then eventually have to rescind it) years ago..
@kevinlavelle2751
@kevinlavelle2751 3 жыл бұрын
Great moderating Ash!
@GolfRalle
@GolfRalle 3 жыл бұрын
Anthony sure did a great job of explaining it to three-year-olds. The rest of us would love to see less scorning laughs and more heavily grounded arguments from Anthony. Great debate, great performance from both although Mike is the clear winner in my opinion, even though I would love to see Anthony prevail here
@EeccmanNL
@EeccmanNL 3 жыл бұрын
The laughs made me catious of him
@zombitroid84
@zombitroid84 3 жыл бұрын
Word!
@SteveHolmlund
@SteveHolmlund 3 жыл бұрын
Early on, he ignored the moderator’s request to explain for laymen what Mike meant by an “empty block” attack, nor did he refute the possibility. I thought a lot of Pomp’s responses were non sequiturs.
@allaboutmusicmovies9606
@allaboutmusicmovies9606 3 жыл бұрын
@@SteveHolmlund He just didnt had any arguments
@alashhar
@alashhar 3 жыл бұрын
Mike was more confident, and his explanations make sense to me!
@pondweedfilms
@pondweedfilms 3 жыл бұрын
Great discussion - no talking over each other. Excellent content
@michaelc7302
@michaelc7302 3 жыл бұрын
Ash was brilliant!
@frederickfrost6561
@frederickfrost6561 3 жыл бұрын
This was a fantastic debate and actually the best anti-bitcoin debater, I have ever seen. He did the best job of anyone so far talking about doubts and real world possibilities of failure.
@zacharykropidlowski172
@zacharykropidlowski172 2 жыл бұрын
I think Peter Schiff is the best anti-crypto debater.
@DiiceForeveroO
@DiiceForeveroO 3 жыл бұрын
One of the more pleasant debates I've seen in a while.
@SM-sb4tr
@SM-sb4tr 3 жыл бұрын
lol this guy Pomp. The fact that you worked as a Product Manager for 1 year in Facebook does not make you a technical figure. To prove that you did not debate the argument mentioning the node attacks, which I found very interesting
@hannahforex09
@hannahforex09 3 жыл бұрын
The secret of your future is hidden in your daily routine. Successful people do daily what the unsuccessful only do occasionally
@hannahforex09
@hannahforex09 3 жыл бұрын
Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose - is the result of hard work and hustle over time
@hannahforex09
@hannahforex09 3 жыл бұрын
The amount of time you spend believing we can't is more than enough time to learn how you can
@selimkurtoglu6418
@selimkurtoglu6418 3 жыл бұрын
@@hannahforex09 yeah! I agree with you
@selimkurtoglu6418
@selimkurtoglu6418 3 жыл бұрын
People come here with the aim of chasing money more than knowledge and that will damage your progress, trust me. Chase knowledge first and I promise! The money will follow you just like it's following some of us now
@patrickcollins5902
@patrickcollins5902 3 жыл бұрын
@@selimkurtoglu6418 that's very correct sir!! And that is why most of them end up losing they money to scammers
@Hero_my_Hiro
@Hero_my_Hiro 3 жыл бұрын
I hope you do a follow up interview 20years from now.
@inCARSONate
@inCARSONate 3 жыл бұрын
20? How about 2...
@ryanbruh752
@ryanbruh752 3 жыл бұрын
When bitcoin is exposed as a ponzi. China had 40% of bitcoin stashed away from the beginning. Haha
@gilkennedy7638
@gilkennedy7638 3 жыл бұрын
Only 3 years from now would be interesting
@se6586
@se6586 3 жыл бұрын
@@ryanbruh752 wait till you find out what percentage of us bonds the Chinese own
@ryanbruh752
@ryanbruh752 3 жыл бұрын
@@se6586 the fed put a floor on bonds and the Chinese are selijg into it. That's why we have qe infinity
@johnfehringer
@johnfehringer 3 жыл бұрын
Ash Bennington is by far the best interviewer for complex subjects. All the pieces he moderates on Real Vision are top class. I re-upped my subscription to RV to follow his series on Crypto.
@wcoyle08
@wcoyle08 3 жыл бұрын
conversation between adults is nice compared to the usual arguement
@jays7318
@jays7318 3 жыл бұрын
Mike Green is so emotionally uninvolved in this debate. Amazing resilience
@kealgu
@kealgu 3 жыл бұрын
Exactly. To me, once you start attacking your opponent, you have lost...
@HS-nf7tf
@HS-nf7tf 3 жыл бұрын
In all my years of watching him on Real Vision this is completely standard behaviour from him. He's naturally just very stoic.
@jsalazar92092
@jsalazar92092 3 жыл бұрын
@@kealgu Mike did attack pomp several times, he just did it with a poker face
@Lex_Fur
@Lex_Fur 3 жыл бұрын
i was looking for a comment like this lol
@Guayubino
@Guayubino 3 жыл бұрын
One of the bests debates I've witnessed, regardless of subject.
@AlexHawker761
@AlexHawker761 3 жыл бұрын
Both these guys made their points well! Great debate. I vote for Bitcoin!
@paulbrooks65
@paulbrooks65 3 жыл бұрын
Might be the best debate I have heard on any subject. Both were respectful of the other, did not interrupt and shared their message with passion. Because of the above formula, I learned from both debaters (while being firmly with one side).
@romancasillas2123
@romancasillas2123 3 жыл бұрын
Couldn't agree more!
@BurhBurhBurh
@BurhBurhBurh 3 жыл бұрын
Pomp was not respectful, putting words and claims into Mike's mouth.
@MacBlackMusic
@MacBlackMusic 3 жыл бұрын
One of the best debates ever. It is one of the best reasons to suscribe to RV. Congrattssss!!
@beautifulheartsoothingreci28
@beautifulheartsoothingreci28 3 жыл бұрын
If Pomp had been a little more respectful and a bit less emotional it would've truly been the perfect debate on this subject.
@orsonvega8516
@orsonvega8516 3 жыл бұрын
Pompliano owns this. China ban El Salvador adoption Gold going down More rational and visionary arguments Great debate.
@ytwanderer1
@ytwanderer1 8 күн бұрын
China banned miners 3 months after this debate in June 2021. Gold is at all time high currently in 2024.
@876pips
@876pips 3 жыл бұрын
What price do yall think btc will top out this cycle? Im thinking 160-200k
@thomasgeissler4453
@thomasgeissler4453 3 жыл бұрын
0
@hetman3196
@hetman3196 3 жыл бұрын
200k by October
@nicholastemplebrown
@nicholastemplebrown 3 жыл бұрын
113k
@maxilopez1596
@maxilopez1596 3 жыл бұрын
More or less what I'm thinking
@First.Last.99
@First.Last.99 3 жыл бұрын
98k
@PaulSyng
@PaulSyng 3 жыл бұрын
Mike is unfazed by all the jabs. Guy is a boss!
@MrPhilofthefuture87
@MrPhilofthefuture87 3 жыл бұрын
A boss who is going to have fun staying poor.
@Nico-zw9ud
@Nico-zw9ud 3 жыл бұрын
Mike is way smarter than Pomp. Pomp is so bluepilled it hurts.
@robs2579
@robs2579 3 жыл бұрын
Mike is richer than pump pomp
@PaulSyng
@PaulSyng 3 жыл бұрын
We need more discussions like this. Both guys are very well spoken!
@smartmoney7374
@smartmoney7374 3 жыл бұрын
Why did Real Vision cut Mike off without finishing his question?
@ihungchou
@ihungchou 2 жыл бұрын
I've seen both this debate and the Saylor vs Giustra debate and it was interesting to see how different and informative the two debates were. Mike is very well-spoken, very cultivated, civilized and not easily provoked, whereas Pomp was rather disrespectful and made attacks personal by employing words like ridiculous, absurd and hysterical in discrediting Mike's beliefs, and smirked rather frequently. It felt more like he was looking for an argument rather than a debate. One enlightening thing that he said however was how the stock market is actually lower than it was way before if we priced it at the value of gold. Moderator also did a great job keeping the heat at bay. Really insightful show overall.
@riishell
@riishell 3 жыл бұрын
The only thing of interest that Mike mentioned that I had to research is the st. petersburg paradox. Mike's arguments just didn't make logical sense to me. Is there risk in investing in bitcoin? Yes, but there seems to be much less risk in bitcoin than there is risk in not putting store of value in bitcoin.
@jcantonelli1
@jcantonelli1 3 жыл бұрын
Mike saying that Bitcoin's probability of long-term success is "infinitesimal" was just ridiculous.
@etishbite456
@etishbite456 3 жыл бұрын
Bitcoin was not to be a store of value it was meant for P2P transactions. Plain and simple the Fed's control BTC, he who control's the liquidity control's the game.
@jcantonelli1
@jcantonelli1 3 жыл бұрын
@@etishbite456 "was not to be" - says who, you?
@etishbite456
@etishbite456 3 жыл бұрын
@@jcantonelli1 Go read the BTC white paper it was meant for p2p transaction but that failed, so the SOV narrative took footing.
@Alistair
@Alistair 3 жыл бұрын
@@etishbite456 wait so you can't do transactions on BTC? Guess I'd better go delete the ones that I did fictional edit: oh, turns out the blockchain is immutable
@shannon-daygrant8754
@shannon-daygrant8754 3 жыл бұрын
I love an argument that is fundamentally civil but contains enough reciprocal barbs and subtle personal hostility to make it interesting.
@expandingspirit3652
@expandingspirit3652 3 жыл бұрын
Nicely put.
@adox8574
@adox8574 3 жыл бұрын
Really ? I hate it. If your going to be hostile and take jabs at people have a spine and do it bluntly. Taking passive aggressive jabs is weak and spineless. I have zero respect for people who behave that way.
@RokSlana
@RokSlana 3 жыл бұрын
This is the best pro et contra debate on bitcoin to date. Absolutely brilliant.
@leofiskars
@leofiskars 3 жыл бұрын
Anthony focuses too much on putting words into Mikes mouth, makes him look weak.
@franknitty3000
@franknitty3000 3 жыл бұрын
Agree
@EeccmanNL
@EeccmanNL 3 жыл бұрын
Agree
@blackrhino44
@blackrhino44 3 жыл бұрын
Because he is weak.
@vildachaya6462
@vildachaya6462 3 жыл бұрын
Lot of projecting
@TripleEightss
@TripleEightss 3 жыл бұрын
yeah even though anthony is right, he just chose the wrong way to go about the debate.
@beetee4295
@beetee4295 3 жыл бұрын
Excellent world class debating. The clear winners are the listeners walking away more informed and well rounded. Would love to see more like this. My take Pomp struggled to keep his emotions in check. Mike was as cool as ice. Both very knowledgeable and articulated their arguments well.
@franknitty3000
@franknitty3000 3 жыл бұрын
Agree. I don’t know much about the crypto space (yet) but i feel Pomp is struggling to play defence. Guy on the right is clealy just analising the data with a pretty level head. Its important to be critical.
@bradleyperryperry5072
@bradleyperryperry5072 2 жыл бұрын
We work for years only to have $1 million while some people I know put thousand of dollars in some meme coins and they are millionaires.
@jameskourygabriel4973
@jameskourygabriel4973 2 жыл бұрын
Growing in trade requires dedication time and Patience
@jameskourygabriel4973
@jameskourygabriel4973 2 жыл бұрын
I have been holding for a while now, the market dynamism is really getting me uncomfortable here, I really need help deciding
@uzonduikechukwu1226
@uzonduikechukwu1226 2 жыл бұрын
James koury...Take my advice (Don't Trade) buy or hold for years then get retired. You don't want all the stress and crazyness involved in trading. Don't believe the is formula.
@uzonduikechukwu1226
@uzonduikechukwu1226 2 жыл бұрын
Get yourself a mentor or a guide
@chrisarmstrong36
@chrisarmstrong36 2 жыл бұрын
Can she trade for me from Mexico
@hagbardc623
@hagbardc623 3 жыл бұрын
I'm going to say Mr. Green is the winner here, IMO. mostly because of his unflappable nature in the face of silly, nonsensical attacks by Pomp. Also Green raises important points about cyrptos vulnerability to regulation and taxation as well as more.
@Thomasalbertini
@Thomasalbertini 3 жыл бұрын
Despite being on Pomps side, I agree. But rather than having proven his arguements right, Mike just proved to be unmatched as intellect and knowledge. He should have debated someone more knowledgeable in the matter.
@kennethli8
@kennethli8 3 жыл бұрын
Pomp kept on using theory and barely any facts.
@etishbite456
@etishbite456 3 жыл бұрын
@@kennethli8 he's a cheerleader
@edmc2
@edmc2 3 жыл бұрын
Deeply appreciate hearing this .. I am a crypto holder, but I would surprisingly say Mike won this discussion ... the discovery and journey continues
@riazabdulganivayani8384
@riazabdulganivayani8384 3 жыл бұрын
I agree, I too am a crypto holder, and mike has got me thinking.
@anuzis
@anuzis 3 жыл бұрын
Not so much that Mike won as Pomp lost. Never been impressed with Pomp's reasoning in prior talks and hesitated to watch this due to low expectations he met again.
@georgelucero7709
@georgelucero7709 3 жыл бұрын
Is Mike's full response edited out at 34:42? Sure seems like something was cut there.
@s.y.b.1046
@s.y.b.1046 3 жыл бұрын
That was I very solid and gentlemen’s debate !! Congratulations to everyone!
@WJohnson1043
@WJohnson1043 3 жыл бұрын
Correct me if I am wrong, but I think Bitcoin can withstand a denial-of-service attack in the form of its network being flooded by empty transaction blocks because miners can choose which blocks they attempt to mine. Since the difficulty of mining a block is constant at any given time, empty blocks will be given the lowest priority because they have no transitions fees. This will probably result in empty blocks being ignored.
@salvadordiaziii2490
@salvadordiaziii2490 3 жыл бұрын
Im really excited about blockchain technology but we need people like Mike to address possible concerns. Does anyone else see flaws with crypto/blockchain?
@eerotiitus9817
@eerotiitus9817 3 жыл бұрын
Super show. I like Pomp last though, let market/people show how all this will end. I think that best for everybody!
3 жыл бұрын
pomp was totally unprepared to the debate with this guy ..
@bhupeshbansal6474
@bhupeshbansal6474 3 жыл бұрын
Pomp came across as a bully IMO. His take on wealth inequality is completely off and bitcoin is NOT going to solve it. Money laundering using dollars is understood, using bitcoin not so much, dont think Pomp addressed that. He quietly ignored that whole point, maybe its too technical. Would like to hear more on that.
@shawngarrett1128
@shawngarrett1128 3 жыл бұрын
Robert Kiyosaki says, “ there’s 3 sides to every coin; there’s a head, a tail, and a edge. True learning occurs when you stand on the edge and see both sides.” This video displays that 100%. Thanks RealVision!
@minuswill
@minuswill 3 жыл бұрын
...satoshi said: i have not the time to convict everyone... / time will tick off
@syzygysyzygy8332
@syzygysyzygy8332 3 жыл бұрын
Convict? Freudian slip much?
@disruptiveinnovationinform35
@disruptiveinnovationinform35 3 жыл бұрын
The leader not the lacker.old thinking is dead.
@disruptiveinnovationinform35
@disruptiveinnovationinform35 3 жыл бұрын
Globalization isnot about division
@dso1017
@dso1017 3 жыл бұрын
Anthony did a real discredit to his position by relying on so much rhetoric
@francoisschneegans8881
@francoisschneegans8881 3 жыл бұрын
Amazing debate, one of the best I have watched on the topic. Thanks guys! I give it to Pomp, Mike had great arguments, but less great counters, Pomp had both in my view.
@Purnama1008
@Purnama1008 3 жыл бұрын
Awesome debate. Mike has realistic points. He reflects his experience and wisdom. US dollar will not allow to lose its reserve currency status. That is why China and Russia are heavily leveraging it. Long story short. Thank🍁you Mike.
@fast800man
@fast800man 3 жыл бұрын
Pomp may be right or he might also not be. Not what I ultimately saw. Green clearly was the more polished debater and kept ruffling Pomp’s feathers without even trying. Frustration was oozing from Pomp’s screen. His lack of composure hurt his credibility. Also, who invests over 90% of their net worth on a speculative asset? He’s all in and not hedging for any risk.
@HenryPaulThe3rd
@HenryPaulThe3rd 3 жыл бұрын
Honestly I couldn’t not take him seriously after he said 96% of his net worth is in crypto. That’s just insane.
@saintmte5076
@saintmte5076 2 жыл бұрын
@@HenryPaulThe3rd if it's 'crypto' then it's not THAT insane (as tech has proved to be the big winner = even in the S&P). What will be insane is if he's portfolio is 96% 'BTC'. That's indeed portfolio suicide.
@HenryPaulThe3rd
@HenryPaulThe3rd 2 жыл бұрын
@@saintmte5076 crypto is digital beanie babies for men
@saintmte5076
@saintmte5076 2 жыл бұрын
@@HenryPaulThe3rd lol that ppl are making whole salaries off. Some that are persistent become millionaires within a few years. I've worked a 9-5, invested in stocks etc so if crypto is digital beanie babies then someone please feed me some hahaha
@mochatradez1748
@mochatradez1748 3 жыл бұрын
Great debate. I know they got a bit tense with each other, but kept it classy and explained clearly their respective views. Well done gentlemen.
@AmitDangerPatel
@AmitDangerPatel 3 жыл бұрын
Loved this. Was a savage, yet respectful debate
@davidoconnor1773
@davidoconnor1773 3 жыл бұрын
Mike Green: Has facts, articulate thoughts, deductive reasoning Pomp: You are wrong because i FEEL like you're wrong!! BTC 1 milli by 2025, you DON'T think there's at least a 1% chance of this?!!
@JaimeWarlock
@JaimeWarlock 3 жыл бұрын
I think Mike doesn't really understand the full nature of decentralization though. It isn't just decentralization of miners, but decentralization of protocol resulting in altcoins. We have already witnessed this defense in the Bitcoin Cash community when Craig Wright tried to take over the network with superior hash power and resources. I do agree that Mike Green seems to understand the technical and political aspects better than Pomp, so he wins this debate in my view. However, I still disagree with Mike for reasons not brought up in the debate.
@Diabolical3010
@Diabolical3010 3 жыл бұрын
@@JaimeWarlock what is the answer to the 7 billion dollar quesion?
@leofiskars
@leofiskars 3 жыл бұрын
Lol, this is accurate
@michaelleis2509
@michaelleis2509 3 жыл бұрын
What a great debate!! And so well moderated! Thank you!
@Josh-ls9hn
@Josh-ls9hn 3 жыл бұрын
Thank you for watching, endeavor to write as soon for more enlightenment or tips w_h_a_t_s_a_p_p +_1 3_ 0_5 -7 _6 _8. - 9.. _ 3_ 0 _9....
@morongovalley940
@morongovalley940 3 жыл бұрын
I couldn't take more of Mike Green when he says the NYSE is a legit financial institution. 26:04
@valerosagroup9698
@valerosagroup9698 3 жыл бұрын
Hahahahahaha
@k98killer
@k98killer 3 жыл бұрын
That's not what he said. He said that the NYSE is an exchange where you trade against a counterparty rather than against the exchange itself. It is a distinction without a difference since market makers still exist in the NYSE and have institutional advantages over the retail trader, so it is still trading "against the house" in a manner of speaking.
@Sub0x-x40
@Sub0x-x40 3 жыл бұрын
not sure why you think this pomp guy is the best guy to debate the merits of btc
@LukeTeel
@LukeTeel 3 жыл бұрын
He explains why around 17:59.
@DocDanTheGuitarMan
@DocDanTheGuitarMan 3 жыл бұрын
Little substance. Too much emotion and BTC idealism.
@alan17h
@alan17h 3 жыл бұрын
At 1:08 Mike is stating that in a fixed quantity system, there is no way to add economic wealth to the individual. I would argue that it should not. Advances in technology would add to an individual’s wealth (purchase power) in a system without inflation of monetary units. A person with one unit (Bitcoin, gold, etc) would see the value of their savings increase as technology makes members of society more productive. This is similar to what is explained in The Price of Tomorrow
@eliking4745
@eliking4745 3 жыл бұрын
MIke's a realist : Pomp's an idealist.... there, saved ya an hour and some change
@grapplerke
@grapplerke 3 жыл бұрын
Pomp is a bitcoin maximalist who actually thinks bitcoin will overtake the dollar, when in reality, bitcoin is just an extension of the global USD money supply.
@prula
@prula 3 жыл бұрын
Mike doesn’t understand Bitcoin fully yet. Bitcoin is a better form of Gold and not a substitute for the fiat System. It’s not easy to understand and we shouldn’t be ignorant about the potential dangers that Mike is talking about.
@grapplerke
@grapplerke 3 жыл бұрын
@@prula Which part is he not understanding? He’s discussing the societal, regulatory, macro, and institutional side of bitcoin. These are all areas that bitcoin maximalists ignore. For now, the miners dominate bitcoin and it’s still very slow and expensive and too volatile for any central bank to denominate its currency in.
@prula
@prula 3 жыл бұрын
@@grapplerke For example he doesn’t understand the difference between nodes and miners. He doesn’t understand the decentralized nature of Bitcoin and that a bad actor can be easily detected and thrown out of the chain by the majority of actors who are economically incentivized. You can transfer 100 Billionen worth of Bitcoin around the world with final settlement in 30 minutes for 30 dollars. When Germany repatriated their gold it took 2 years and cost millions of dollars. You are right that Bitcoin is too slow to buy a coffee. Nobody wants to wait 10 minutes until the transaction is settled
@grapplerke
@grapplerke 3 жыл бұрын
@@prula Majority of the mining is already done in China. Theoretically all of the miners could be captured by the state and be enough for a 51% attack. Bitcoin is not as decentralized as you would like to believe it is. And still today, the transactional volume used for bitcoin for actual purchases of goods and services have not gone up from 2017. Bitcoin is more like a deflationary digital gold with a tech growth stock flavor to it. Bitcoin had a chance to become more like a digital currency, however, the miners and OGs wanted to their share to appreciate and for the miners to make a lot from the fees, and that’s why we have the bitcoin we have today. Bitcoin still has more to go up, but the last and late comers will get their butts handed to them and lose everything. I’m posting as someone who’s sat next to all the OG crypto folks and made out a lot from trading crypto. I still hold a little, but institutional money has always been the dumb money in new markets. I’ll be entering bitcoin again after the next combined bitcoin bear cycle and the macro bear market super cycle.
@esquosi6621
@esquosi6621 3 жыл бұрын
POMP you should learn to argue without using exclusively ad hominem and straw-man techniques, very hard to watch
@bt7406
@bt7406 3 жыл бұрын
☠ this whole time i was like 'can people just make rational, non emotive, non pathos arguments EVER?!'
@Tamra_Bambam
@Tamra_Bambam 3 жыл бұрын
Completely agree. Anthony came out the gate with his “approach it at a 3rd grade level..as to avoid an intellectual slight of hand”...then proceeds with (as you said) ad hominem and straw-man techniques. This is how 90% of people here in Seattle communicate...about everything..big or petty. I’m so tired of these types of “conversations” and can’t recall the last time I witnessed a forthright discussion. I tapped out of this one at 40 min.
@timothyevangelista9116
@timothyevangelista9116 3 жыл бұрын
Agreed his rebuttals doesnt really address the arguments of Mike.. so cringey
@remizgaillarz7034
@remizgaillarz7034 3 жыл бұрын
Amazing how dis debate was facilitated - great job!
@bilbostackins4874
@bilbostackins4874 3 жыл бұрын
Saint Petersburg paradox lol basically he said im not falling for your Jedi mind tricks hahahaha
@jglee6721
@jglee6721 3 жыл бұрын
lol. I missed that one, but I will find it.
@gonzamajster4175
@gonzamajster4175 3 жыл бұрын
Excellent work! Thanks for bringing such a high quality content. As investor I still prefere to buy artificially supressed physical gold and silver instead of overhyped and overheated BTC. However I might consider to allocate 1% into BTC, but only during the liqudity event, when everybody is forced to sell.
@goranmilic442
@goranmilic442 3 жыл бұрын
If set of all investors pays certain fee to miners, doesn't that mean investors (in total) will always be in loss? How can investors gain their money back that they lost to miners' fee, other than from other investors?
@anynamewilldo3779
@anynamewilldo3779 3 жыл бұрын
“War is not an economic interest” 😂😂😂 Has he met the us government??
@settledown5392
@settledown5392 3 жыл бұрын
haha That's how you know he lost the argument. Can't imagine a more dishonest statement from a guy who clearly knows the difference. Not a big Pomp guy, but this was an easy debate to win. Mike Green's argument was basically, "bitcoin is scary"lol. It's no more or less speculative than gold. Any person who follows the two assets knows this. Great debate between two bright men all the same.
@CaptBill-rj4oe
@CaptBill-rj4oe 3 жыл бұрын
@@settledown5392 The dollar is speculative also if you want to be honest. Is it a great idea to be all in on the dollar? Sounds irresponsible.
@settledown5392
@settledown5392 3 жыл бұрын
@@CaptBill-rj4oe Did I say anything about "all in" on anything? Nope. Diversification is always important. That's day one of investing.
@TheWeastBeast
@TheWeastBeast 3 жыл бұрын
@@settledown5392 Settle Down needing to settle down himself. Mike's argument is to think for yourself and consider what the return of this asset could be in Pomp's hypothetical future. Nobody knows and nobody could figure that out.
@settledown5392
@settledown5392 3 жыл бұрын
@@TheWeastBeast I'm perfectly calm sir. That was one of his points he made.....and probably the best. The repetitive stuff about China, Russia, Iran couldn't be more intellectually dishonest though, along with him saying war is not an economic interest lol. Great debate either way, from two intelligent guys..... but Mike looked like an MSNBC shill to some degree here.
@ll2nycell
@ll2nycell 3 жыл бұрын
Pomp got you with the monetary policy argument for the individual.
@mariai9549
@mariai9549 3 жыл бұрын
the question is will bitcoin provide an answer globally to building wealth or improving poverty (since he's saying your money and purchasing power is being stolen) any more than the fiat US dollar?
@salparadise5930
@salparadise5930 3 жыл бұрын
Absolutely amazing I was unaware two people with opposing views could participate in a grown up conversation and take turns in speaking what a fantastic and informative debate I’m team Pomp all day but Mike had some very interesting views and happy to hear them. It’s a shame we live in a world where the politicians are unable to engage in a debate this way
@Jay-xr3sb
@Jay-xr3sb 2 жыл бұрын
Nothing grown up about pomp
@debraholt649
@debraholt649 3 жыл бұрын
I invested in both STOCK and CRYPTOCURRENCIES but I see crypto is doing more better and profitable to me
@debraholt649
@debraholt649 3 жыл бұрын
Bitcoin is an engineered Monetary network. The first of it's kind. A paradigm shift in the history of money. Everyone needs it. We are still early.
@paulaluis4051
@paulaluis4051 3 жыл бұрын
Stock are crashing bitcoin investment right now will be at every wise individual's list. In a month you'll be ecstatic with the decision you made today.
@gregorywatson8053
@gregorywatson8053 3 жыл бұрын
People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in Bitcoin
@scottdave2183
@scottdave2183 3 жыл бұрын
2021 online stock market is just difficult and unbelievable, I rather invest my money on crypto
@akshats.425
@akshats.425 3 жыл бұрын
People are ignorant of profitablity in bitcoin investment and that has been the major issues limiting their investment
@daviddrybzie8672
@daviddrybzie8672 3 жыл бұрын
the MC does an incredible job. Congratulations to him
@elninjaloco
@elninjaloco 3 жыл бұрын
Great moderator. Mike, great counter points. Trust fund baby / Pomp, needs a debate coach.
@tmo2798
@tmo2798 3 жыл бұрын
Right now, Bitcoin is a textbook Ponzi scheme: It has no intrinsic value. You can’t eat it, wear it, or heat your house with it. ... It is not a productive asset. It’s not a factory that produces an item. ... It has zero underlying value. None. ... It has minimal utility. ... Its value is solely derived from the trust that the price will continue to rise indefinitely. ...
@brandonderrick006
@brandonderrick006 3 жыл бұрын
By far the best bear case put forward to date. Well done.
@rgbura
@rgbura 3 жыл бұрын
I mean, all he said was be skeptical and make your own decisions. That could go bear or bull
@brandonderrick006
@brandonderrick006 3 жыл бұрын
@@rgbura naw he made some valid bearish points unlike what I normally hear from gold lovers.
@NickM11561
@NickM11561 3 жыл бұрын
This is a great debate. Nice to see 2 very different sides just talking.
@uzairahmed5005
@uzairahmed5005 3 жыл бұрын
Why did Pomp get to be the face of bitcoin? He's sounds like a charlatan and got wrecked by Mike Green. Real Vision should get a smarter person to argue Bitcoins case on the level of Mike Green because Pomp is not it
@Enzo-xh3kr
@Enzo-xh3kr 3 жыл бұрын
He is a charlatan doing for his own benefits. Mike Green is the real pro here.
@HHTan-ir3fw
@HHTan-ir3fw 3 жыл бұрын
@@Enzo-xh3kr fully agree.
@thousandaireradio3199
@thousandaireradio3199 3 жыл бұрын
Pomp got out of his way and let him make a fool of himself. I think he did a great job.
@Dragonluna69
@Dragonluna69 3 жыл бұрын
Totally disagree. Mike is a smart guy but Anthony won this debate hands down. I've never heard of him but he is 100% right about the future of BTC.
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