Bitcoin's Risk-Reward Ratio Is 'the Best It’s Ever Been,' There's Only One Threat Now - Fred Krueger

[@OliverLiam-px3vx]

The halving of Bitcoin this year has been quite the topic of discussion, hasn't it?

[@ChloeCarter-kd7gz]

Indeed, the price fluctuations have been significant, but it's also created opportunities for those who know how to navigate the market.

[@AshleyKeith-vw7ws]

That's where experts like Katherine C Boone come in. Her insights and guidance have been instrumental for many investors during these turbulent times.

[@BrianAlbert-hh3pi]

Absolutely, Katherine has a knack for analyzing market trends and helps in making informed decisions.

[@MelissaHobbs-qm8wi]

@@BrianAlbert-hh3pi I've been considering entering the Bitcoin market myself. Do you think Katherine could provide some guidance for someone like me?

[@AshleyKeith-vw7ws]

Definitely. You can find her by simply looking her up online. She's well-known in the industry for her expertise in cryptocurrency and financial management

[@gucu4433]

I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time . I was able to build a business from my returns 💚

[@mariaclarke481]

Congratulations, do you mind sharing how you did it...

[@gucu4433]

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

[@CarmeloSargenti-dn9xb]

I've come across this name before, is he really reliable?

[@leslidinnocenzo5711]

I started working with Alex back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.

[@mariaclarke481]

Please how can I get in touch with this Alex Gomez? I really need to give him a try

[@gravitywellpodcast8203]

Great Interview Michelle. Mr. Krueger was an excellent choice for a guest.

[@karlopeternel7685]

Bitcoin maximalist, but maxmaxnaximalist hehe Scumbag who bought early now enticing others to jump in so he can cash in of his top, classic. Crypto should be much more than just store of value. Bitcoin is no scalable therefore will never ever be money. Once other cryoto dlios it, it will go to zero. Also, according decentralization index, Cardano ADA is more decentralized than Bitcoin 😂

[@tltarzan678]

Bitcoin is great but it’s not for the low or middl class cus it’s going to so expensive that in the end all bitcoin will own by rich people and banks. And it will not happening medium of exchange cus it’s scars …

[@alextuckerman3032]

Properties of apex money/medium of exchange include high levels of divisibility. Mr. Krueger missed how divisible bitcoin is, which makes it affordable for everyone. Also you can buy 1 dollar of bitcoin on coinbase due to the fact one coin is so divisible.

[@Brian-vk1hm]

@@tltarzan678 you dont have to buy a whole bitcoin. youre falling victim to unit bias.

[@J-YouTube324]

Buy it in tiny pieces (satoshis that are 1 100 millionth of a whole bitcoin). Or buy the bitcoin ETFs shares. @@tltarzan678

[@docmiguel]

The host, Michelle, is extreme well educated and humble. A pleasure to listen and to watch.

[@mrdev5281]

Much smarter than her guest. He cant even follow a lead in for the topics she is aksing him about

[@timsmusic7349]

She’s a good host and did a great joy to get him to talk about Etherium. He tried to dodge the topic because he’s too one dimensional. Etherium is where I got most of my investment.

[@mayor399999999999999]

Fred is in the running for Bitcoiner 2024.

[@J-YouTube324]

He has my vote! Krueger 2024!

[@davecurtis86]

He's a shitcoin LARP

[@f42un84u]

Pump and dump dreamer.

[@lindaabernathy4876]

How about President?

[@xenofelis]

So few financial anchors are actually as intelligent and knowledgeable enough to ask all the smart questions. Michelle Mikori is truly a gem!!!

[@larryjones9660]

When a person have absolutely no scenario for an asset to go down, you should ask yourself whats wrong?

[@faitaccompli5878]

Bitcoin will continue to go up because of: Debasement: causes things to demand a higher dollar value. Supply: cut in half every four years. Demand: this is a question mark, but has increased over time. Technology: it is becoming easier to use, more widely accepted. Regulation: clarity in regulation will be good, and even better if leaning positively. Institutional Investment: giving people a hands-off way of owning it in an IRA or

[@azorian888]

34:22

[@MrChuckomatic]

It can and does go down … but long time frame … up and too the right

[@globalpropertyinvestment]

The assets are not simply going up, FIAT is going down. Few understand this.

[@jasonkeys1661]

Btc ..who now owns most of it, US government & institutions..they will manipulated the price, just like gold, hey they can even make it illegal to own... just Like they did with gold."....thats a fact ." go look !

[@MrDamon888]

I didn’t realized how many people don’t know that it’s possible to buy sats instead of whole btc. until I talked to few people at work.

[@paulcoenen7918]

It is funny watching the dumb crowd at work try to figure out how to buy bitcoin. 😅

[@saintmte5076]

🤦🏾

[@twitafftwitaff7029]

That was myself pre covid. 🤣

[@RICHIELUXURY]

Its funny people think crypto isn’t traceable or taxable 😂

[@Iam-not-as-grumpy-as-Isound]

Dont bother with the Normies. It like telling people not to touch the vaccine.

[@ProfessorMiketheMechanic]

Is it Friday the 13th? Great show, I watched it 1.5 speed all the way through!

[@9125Dozki]

Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024 ^^^^

[@Cynthia9291]

Wow that's huge, how do you make that much monthly?

[@9125Dozki]

Devion Jane expertise is truly commendable. She has this skill of making complex crypto concepts easy to understand.

[@Christianbayloncruz]

Woah for real? I'm so excited. Devion Jane strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started

[@Henrygeorge67]

I'm new at this, please how can I reach her?"

[@9125Dozki]

Tel egrm, using the user

[@smobach]

Remember: Internet was once a free place.

[@zabik7221]

Different 😂😂😂

[@lamh5265]

So was TV and then came cable. 😅

[@kenpatterson8371]

³³³3³³³³³​@@lamh5265

[@RICHIELUXURY]

Remember when crypto wasnt taxed?

[@dirkdiggler9379]

@@RICHIELUXURY income has always been taxed 😂

[@MultiHogy]

Excellent interview! Posing the right questions and recieving an in depth answers! Subscribed😎👌🙏

[@sfg206]

Michelle is awesome!

[@boster8368]

and i would not throw her outa bed for eating crackers😍

[@Brian-vk1hm]

Simp

[@pc7225]

Looking good Kitco ❤

[@p00ka64]

Like this guy on X. Phd in mathematics is super nerd territory.

[@SuicidalBabyTTV]

hes a fcking clown with consistently bad takes. just had a space suggesting you put your bitcoin on thorchain for yield.

[@seemev2.0phuckbootube78]

But it doesn't take a PhD to know Bitcoin is a scam

[@p00ka64]

@@seemev2.0phuckbootube78 scams have leaders and addresses

[@ketorxd6501]

Super nerds are the rich guys

[@p00ka64]

@@ketorxd6501 so true. Look at Do Kwon

[@matthewjones7916]

Great interview, the ETH comparison sounded a bit muddled though.

[@patrickpk4421]

Excellent interview!!

[@6800891]

Here is the catch 22....the more bitcoin gains in price, the less likely it will be used as a payment system (you wont spend it if it is quickly appreciating), which is the whole basis of the argument for its adoption as a store of value. So, for it to be used as a stable payment system, its price needs to stop rising, in which case owners will cash out and then price will plummet. Bitcoin is a tulip.

[@n.s.3007]

Gold? Do people go out to the stores and drop their nuggets of gold on the counter to pay for things? Nope, yet gold is still a store of value. You are on the wrong side of your own argument.

[@6800891]

@@n.s.3007 I never mentioned gold. I used the term "payment system" as this is the stated purpose for which block chain technology was created. I was simply pointing out that bitcoin, or any asset, that fluctuates wildly in price will never be adopted as a payment system.

[@TKayCO]

Bitcoin is used to buy billions of dollars of things every day. Mainly other crypto’s. That is a very important function currently though.

[@n.s.3007]

@@TKayCO gold was used to purchase many things as well in its 'beginning days of value'. Before gold became a store of value, it was used as money the way we know it today. Just like bitcoin now, as it is at its beginning stages. Now it is being used to purchase things too. Once it becomes too high of value, it will mainly be used as a store of value. Only real difference then to gold will be that transactions will be infinately more easy to do with bitcoin compared to gold.

[@StephenCurran-ho3lu]

Why would any BTC owner cash out of something that is quickly appreciating,? smh If you mean that higher fees to pay for cheaper items will get too high to justify buying it, then yeah, that's a decent point, but I think the more this becomes true, the more the Lightning Network and/or Liquid Network will be adopted, not to mention any other unforeseen innovations in the meantime.

[@dlukton]

Pretty good interview. Better than I expected.

[@richchay]

Freddy Krueger is a fictional character and the primary antagonist in the A Nightmare on Elm Street film series

[@Alexander-Bunyip]

He's from Elm St Capital 😅

[@Capitalcrypto1]

Freddie’s back move scared the shit out of me

[@Capitalcrypto1]

Movie

[@phdep1]

Apparently he got some skin grafts, ditched the sweater and got a few degrees. He’s doing great!

[@RICHIELUXURY]

He’ll look like the movie when they tax crypto

[@BeFaithful00]

There are no new jokes for Fred Krueger. Rest assured that dude has heard them all.

[@Samsara_is_dukkha]

It seems very unlikely that Sovereigns would give up their monopoly over currencies.

[@justfedup]

Exactly, they will shut down the internet if they have too

[@TM-ed9hz]

The only thing that can shut down the internet is a global emp or world ending event. If workd ending internet and btc won't matter. Even global emp won't take out internet. Plenty of preppers with servers in Faraday cages.

[@bahmak2003]

@@justfedup they can’t shutdown the internet for too long. Most of government can’t function now without internet!😂😂😂😂

[@RICHIELUXURY]

Sovereigns will tax bitcoin to death

[@RICHIELUXURY]

Sovereigns dont mind as crypto is easily traceable and taxable

[@stevenmix3723]

So, Bitcoin today is 11% higher than its peak of two years ago, and 16% higher than its peak of three years ago, and 2 1/2 times its peak of seven years ago. So I guess that's not too bad. But the big money got made long ago already. Lots of bagholders to sell it to today.

[@QDogg]

Still lots of money to be made once more people come in.

[@vooteimer1234]

​@@QDoggno new people

[@QDogg]

@@vooteimer1234 the ETFs says otherwise...

[@RomesDogs]

Over 500 mill inflows per day says diff brah

[@danielpalacios9626]

The biggest rug pull in human history will be made to the new comers 😢 Remember that Wall Street needs your money as exit liquidity 😂

[@johndombeck955]

Michelle's questions were excellent. Great job! Useful interview.

[@kitkatcats3360]

She is an exceptional host, journalist, interviewer. Smart and interesting just about every time.

[@WillS-pl8wg]

She’s also a beautster.Her husband is one lucky man.Cheers!

[@lkabong5529]

boobieeeeeeeessss!

[@kitco]

Thanks for your positive feedback 😊

[@chewiewins]

Krueger explains it so well, wow. Blown away

[@SamsungS-or1qf]

Hes a total moron.

[@RICHIELUXURY]

33:35 yes crypto and miners will be taxed. Its easily traceable

[@XRP747E]

@chewiewins I suggest that anyone investing in crypto does a ton of research. I'm dubious about this guy - I think that he has been blinded by Sailor and hasn't looked carefully at other projects.

[@RussianPlus]

How many people own Nvidia? Same crooked logic.

[@ArEmWagner]

Biggest threat to btc is the miners getting shut down or disincentivized to the point that no one is able to run the network and provide security to the chain.

[@TEKim-lk6op]

Exactly, you nailed it. Just go after miners with carbon taxes. They won't find it profitable to operate anymore and will check out. Some shitty country might allow unrestricted mining with no carbon taxes but who wants to move their or set up shop in a crap hole.

[@bsc1463]

Great interview by you both ! Thank you

[@paulginsberg6942]

This is your best interview since coming to Kitco Michelle.

[@kevindittler6524]

In 15 years $5 bread will be $15-$20 loaf- all others go up similar ratio at the economic inflation taking Bitcoin up the same way. 64x would be good but the economy will suck and the government will figure out a way to tax/confiscation laws

[@regularcustomer8285]

Ghetto long, go along if you don't want to stay. And I ain't going to make ya.

[@RICHIELUXURY]

Crypto is easily traceable and taxable

[@brian6x]

I'd like to see Fred debate Peter Schiff!

[@swanseawales1979]

Peter says the same things in every interview

[@steveors.g.applebee6854]

That's called being principled. ​@@swanseawales1979

[@lucysluckyday]

​@swanseawales1979 yeah, it's always that it has no intrinsic value. The fact it costs $40k to mine it inherently GIVES it an intrinsic value.

[@steveors.g.applebee6854]

@@lucysluckyday Not at all.

[@steveors.g.applebee6854]

@@swanseawales1979 You mean he's principled?

[@freedomfight1933]

Everyone (including in this interview) seems to act like fiat currency was new in the last 50-100yrs. It is not! The concept is much much older and has been practiced all over the world for a long time.

[@MegaEclipseguy]

He blinded ME..with..Science..

[@jasonkeys1661]

Lol the financial market blinded me with bs , system designed to take ur money

[@jasonkeys1661]

Fred Kruger...lol.. nightmare on wall Street ....Echo chamber of Micheal Sailor.. the JP Morgan mouth piece, rug pull coming, get ready

[@HODL_BTC]

Such a great interview

[@jeffsimoneaux5968]

Full of theory but no mathematical certainties???? I thought this guy was gonna give us something more concrete than his opinion and speculation

[@RICHIELUXURY]

33:35 crypto will be taxed

[@benjamin593]

"I don't love competition" Nothing more needs to be said than the Communists own words. Buy PMs folk.

[@TheGoldeyFamily]

This guy is the reason Americans are buying imaginary money while the rest of the world is buying gold and silver.

[@marctranter7734]

Great interview

[@petrolo72]

💯 I agree with many points from Mr. Kruger, however, seems like he’s still missing certain fundamentals of how bitcoin truly operates and perhaps has not researched enough of why all these other “alt coins” are different and can be shut down/seized by governments.

[@petrolo72]

@doreeneclose let’s say for argument sake that there are a few that decentralized to some degree or another, but they all have a CEO, and a business address, so realistically they can be shut down if/when the state goes after these companies.

[@Brian-vk1hm]

He understands bitcoin very well I promise you that.

[@RyanKassel]

​@@Brian-vk1hm might be true but for a PhD he speaks like an undergrad. He missed so many ideas throughout this interview, including reasons why BTC is more resilient/future proof than other cryptos, not mentioning 4 year cycles, ultra-simplified chart and says it was created by an astrophysicist, etc. Gimmie a break! lots more examples too. Sooo dumb and I'm totally underwhelmed. Take a listen to Antonopolis, Michael Saylor or even Richard Heart to really understand the space. Also need to read some Ray Dalio, for the macro Fiat picture. Wake up, everyone! This interview sucked. 😂

[@jimwood1062]

ETH is changeable and centralized - NOT BTC

[@silvermoneydude2044]

A shitcoin

[@RICHIELUXURY]

Easy to tax both

[@SilverSniffer]

This guy is nuts if he doesn’t think the United States wont mess with bitcoin…😂

[@xmonikerhotmailcom]

They can try. How did that work out for China?

[@RICHIELUXURY]

China banned it

[@Iam-not-as-grumpy-as-Isound]

People dont give the United States much respect anymore. They are a lost cause.

[@_davidturner]

I read that NVDA provides tech for mining services/blockchain transactions. Could the current crypto pump be attributed to NVDA's great earnings and should I hold some btc/sol as well? cos tbh I’m having fud with the current support at 67k.

[@ivymaddison]

Microstrategy CEO bought $155million worth of bitcoin, so yes BUY!

[@GPW787]

Excellent interview! Thanks.

[@SchmittycocoPop]

I remember in 1990s when we thought it was absurd to think about buying something over internet. Now most people buy over the internet daily/weekly. Bitcoin sounds absurd now but give it more time it will be widely accepted.

[@kenrobison9528]

Long as electricity is on?

[@TheTshirtComic]

Very insightful and educational. I greatly enjoyed this interview. Way to go @Kitco

[@nospm1244]

How did he manage to get the phd ?

[@derrick8224]

Fabulous interviewer. Well researched on the topic

[@TheSTeWMaN29]

This is the only time this will happen, there will be no better perfect storm, and no better price than now

[@highplainsdrifter6577]

😂

[@Brian-vk1hm]

@@highplainsdrifter6577 laugh at yourself

[@seemev2.0phuckbootube78]

Dude a big sell off is coming 🤣

[@rogergr5019]

Yeah r u buying?

[@JackO024]

I'm a .002 Bitcoin whale🐳

[@johntan9151]

My seniors taught me when I was growing up that "A bird in the hand is worth two in the bush".

[@optionfinder3663]

BTC doesn't need to be a medium of exchange. It's property in cyberspace. It also can be exchanged much more easily than gold or real estate. The address is recorded on the block chain with each transaction.

[@RICHIELUXURY]

Easy to tax

[@thomasmullee3049]

with 7tp/s, how can bitcoin be a medium of exchange ? 🤔

[@infusedpower]

Excellent questions, not antagonizing the guest

[@MrChuckomatic]

Fred is the man .. great interview

[@mattro7107]

Could end up like a Nightmare... on Elm St

[@ricardoalexandre9308]

Michele does a great job thanks

[@WilliamHolden-t5g]

Guy is highly intelligent. Very good interview.

[@JoelSonofJack]

Interrupt Michelle? Come on man. Don't Interrupt Michelle.

[@Larry-w6f]

Great questions and answers. very well done.

[@bwashh]

This is the best video , thank you

[@jameswilde3203]

Great interview peace out

[@markpalmer8083]

Whoever has most Bitcoin wins. Never a truer word spoken.

[@thepvpchannel-oq7nq]

im gonna remember this video, so i can trough it to the face of KITCO and the imbcls guest talking in 4 to 5 years

[@RogueReplicant]

Next year, bwahahahahaha 😁

[@rajeshdarak9286]

Truly amazing insights on Bitcoin.

[@Farhan.DucatiS1k]

Don’t forget about how much supply is on the exchanges and with the buying pressure how everyday with buying and selling how long until they run short on supply.. my understanding is 6-8 months from now. we are going to have a major issue.

[@spaceoddity2485]

It doesn’t work like that. Btc comes and goes on exchanges every day. For every buyer there is a seller

[@QDogg]

​@@spaceoddity2485but eventually there will be more buyers than sellers. Game theory.

[@ph318]

​​@@spaceoddity2485your response doesn't actually say anything. Supply is dwindling. Price must rise to bring in sellers. No one is becoming a seller yet. Therefore, moon soon

[@imconfused1237]

@@spaceoddity2485Yeah, obviously. But scarcity drives the price up doesn’t it; they’ll ‘always be a seller’ but at $100k - not $50k.

[@raphael5203]

Great Interview, thank you both!

[@Jackpotgenius78]

Good luck! Hopefully you still have money when they pull the plug on bitcoin

[@LizShaz-r7s]

That's why physical gold and silver is key

[@ph318]

"pull the plug" 😂😂😂 How exactly does that happen? Go ahead, explain in a logical way.

[@foilrider2000]

​@@ph318Katherine Austin Fits seems to think the pentagon could shut it down.

[@RogueReplicant]

​@@ph318When your government says NO MORE BTC

[@ph318]

@@RogueReplicant that's not how Bitcoin works fella. In fact, that's one of the main selling points. Remember when they confiscated gold though? My grandpa remembers.

[@tz6516]

Fifty years? Maybe BTC will be currency one day, but right now BTC is the best investment on the planet, so BTC will be the last asset you sell for food and shelter. The wealthy will be savers (HODLERS). Those who have fiat savings and income streams will HODL and use lesser currencies to buy staples…while Bitcoin appreciates their family into the wealthy class.

[@cphipps1969]

I remember when BTC was $73K, now it’s only $68K

[@googlesmostwantedfrog147]

Since you were apparently born yesterday enjoy life without wealth 🤡

[@xmonikerhotmailcom]

And in a month and a half it will be $95k. Watch and learn and cry later.

[@imconfused1237]

How cute. I remember when BTC was $15k. Now it’s $68k. A 350% gain.

[@kristenstanton9677]

Great interview! Super impressed with Michelle Makori's questions and playing devil's advocate - very balanced and thorough interview weighing the pros and cons. Thank you.

[@huntrolly2190]

Awesome interview, kudo for both.

[@Stocksandblock]

Fantastic interview 💥👍🏻🚀🚀🚀🚀

[@russelltate1394]

Incredible Interview

[@captmac5627]

Great persistence Michelle, you do like to make sure you get an answer. Well done!

[@motopolak]

1:00:30 “Because, why wait? Do you wanna get rich? Yeah, I do. I mean I’m already rich, but, like, I wanna get richer.” Gotta flex on ‘em a little 😆 Fred Krueger is legit! Love his explanations.

[@simply_complex_42]

Awesome interview Michelle. Thanks for interviewing Fred.

[@jeffsimoneaux5968]

I think the announcement for the American CBDC will be toward the end of this year beginning of next year . America has been working on this for a decade already

[@ph318]

Look into QNT and project Rosalind among other CBDC tests that have been done with BIS and central banks. Gilbert Verdian is at the forefront of the new API technology using blockchain ordering protocols etc. Enjoy!

[@dastan4637]

Let's consider Maslow's pyramid in the digital world. In my opinion,the basic needs in this world are everything related to Cybersecurity. So, Bitcoin could be the answer and play a crucial role in protecting civilians, organizations, devices/networks.. holder of BTC can rent it.

[@fkrr5]

Gold bugs might want to skip this one

[@karolmetal4256]

I will listen to this nonsense

[@foilrider2000]

​@@karolmetal4256 bit coin is backed by blind faith same as Fiat.

[@RogueReplicant]

I am sitting on stacks of gold I bought when it was $1,000 oz. Why do you assume we are worried?

[@RICHIELUXURY]

33:45 wait for the crypto tax

[@foilrider2000]

You are not we. Good luck, they may take it off as before 😢​@@RogueReplicant

[@theCombinator]

Just minutes after this interview btc dumped 5 K

[@cohenkevinloriqueen818]

Yes because it’s up so high so fast, but be assured it is going way higher

[@MSWcryptoworker]

In regard to central digital currency could the government prohibit allowing very pro exchanges sending money to a persons banking account?

[@levteck]

Let's talk about who Satoshi Nakamoto is? Why has the SEC approved this when they can't even tell who the majority share holder is?

[@RogueReplicant]

CIA, DARPA Google it 👍

[@xmonikerhotmailcom]

It is not a security so there are no shareholders. It is a commodity.

[@RICHIELUXURY]

They just want to tax crypto

[@jlpax7938]

First time view. She asked the right questions! Subscribed

[@SpaceRanger9840]

I respect this gentleman's insights, the ETH ETF is right around the corner.

[@Anchor7]

That will be denied

[@devo9167]

​@@Anchor7 Why is that?

[@Anchor7]

Too much to explain here but Gary G believes it to be a security. I encourage you to look up why its going to be denied. @@devo9167

[@paulcoenen7918]

​@devo9167 Because one could argue it is a security Because it's not exactly decentralized,

[@Anchor7]

Eth has always outperformed bitcoin. Why will this time be different?@@aaronkerrigan241

[@matchingbirthdays4happiness]

The Gore Vidal quote, got me….❤

[@argentovacquero627]

Michelle is so well prepared for every interview, including this one.

[@bens196]

Great interview!

[@paulhart7739]

This dudes name is Freddie Krueger

[@stultuses]

I know, funny, lol

[@tobyncummins]

The stuff of nightmares!💀👹🧌

[@rodpanhard]

Appropriate that he's a dream warrior.

[@RICHIELUXURY]

I can’t wait for the crypto tax. Now that will be funny 😂

[@Adidasler593]

​@RICHIELUXURY why?

[@PoppyRaid]

Terrific guest ❤

[@RPalo71]

Fred you gave an excellent explanation why we need Bitcoin. Bravo sir! Bravo Michelle!

[@mikehundt4263]

We don’t need bitcoin

[@RICHIELUXURY]

Governments like crypto because its easily traceable and taxable

[@LF-fl9go]

Why is she constantly blinking. She looks about to cry.

[@rastradamus1074]

Tomorrow's guest is Jason Vorhees

[@Tchild2]

Fred is wrong about fiat currencies, IMO. Bitcoin will not replace fiat, but it will be the asset to store wealth, like gold is today. You use fiat in your nation states for everyday transactions, but then you store your excess labor / energy in an asset that does not inflate away. Currently, we store our saved labor in fiat and fiat derivatives which is purposefully inflated away at 2-10% in the USA and much higher in other countries. Most of us rush into stocks, real estate, gold, rare coins / art etc, to protect against this theft of inflation by buying hard and limited assets. Btc will be the king of the hard assets and because of the nature of how it operates in the digital sphere, it will be available to most people on the planet. In Turkey, or Lebanon, people save in gold and spend in Lira and the Lebanese pound, yet the government has not outlawed gold. This will compliment fiat currencies and pose no threat to the currencies of nation states.

[@BatmanBoss]

Kitco 👍

[@globalpropertyinvestment]

Great interview, I follow Fred on X and its great to hear his thoughts. Thanks Michelle and Kitco!

[@alanblakeguitarist]

After he stopped patting himself on the back for the 1st 5 minutes this was an interesting video. I don’t necessarily agree fully with his thesis on BTC but I hope he’s right

[@RICHIELUXURY]

33:35 it will be taxed

[@lepton31415]

the main threat to Bitcoin is statistics. the failure rate of man-made money is 100%.

[@martinjovanovic6783]

We love you Michelle😍

[@Mauitaoist]

"Money isn't everything, but it sure beats the hell out of whatever is in second place" BTW Bitcoin isn't money.

[@JOHNG104A]

Does Bitcoin worry about the new quantum computers which possibly could break the blockchain

[@soundsnags2001]

No

[@JOHNG104A]

@@soundsnags2001 google news says yes

[@xmonikerhotmailcom]

The miners will implement the latest quantum computing tech, believe me. They have the money to. They print money. The centralized banking system is at much greater risk of attack by quantum computing.

[@rtzqwe]

Quantum Computers will break everything else as well!

[@imconfused1237]

‘Quantum computing’ - Yet another lame, uneducated red herring.