Florida CFO Jimmy Patronis on the state's push into crypto

[@Barweezy]

Bitcoin not crypto.

[@dez3754]

Shows how much CNBC hides the truth.

[@garyfisherman99]

Congrats Florida!

[@venom_lowrider]

First they mocked crypto. Now they're desperate to get more 😂

[@TylerBecker-d2n]

@@venom_lowrider still mocking cause he’s just trying to pump/front run his own personal position

[@venom_lowrider]

@TylerBecker-d2n damn is someone bitter they didn't catch the wave early on? 😂 Or did you get scammed? Your comments are all over this video. A little bit obsessed, no? 🤣

[@TylerBecker-d2n]

@ I outperformed the bitcoin actually. I’m not dumb enough to buy into the pyramid of influencers. The fact you ask me if I got scammed is exactly why I say this should never be allowed

[@venom_lowrider]

@TylerBecker-d2n 1. You didn't outperform Bitcoin. Not even trading with your paper account, you larper. 😂 It's beaten the S&P500 and Gold by a mile on YTD. 2.BTC has been one of the best performing assets since 2009 and still has much more room to grow. 3. There definitely are scams in crypto, but that isn't exclusive to crypto. Traditional markets have far bigger scams. Hey, but despite all the growth, if you still want to insist its a scam and miss out because you are too stubborn to change your bias, that's fine with me. Have fun missing out! 👋 😄

[@georgelien]

Because they need to sell them to someone before going to zero.

[@gene5856]

He got My Vote just speaking Self Custody is Better Than Non Custody

[@yehimstone5492]

End the IMF, WEF and Fed. Adopt the Bitcoin standard.

[@edwardstoner9967]

Investing in bitcoin is wise. There is no second best. So, no other crypto is as safe and valuable.

[@TVU-fl4ry]

You'll wear your suit and tie at home, go out, and travel to work. Everyone during the trip and in the office will see your jacket, but when you stand in front of MILLIONS of people, you’re not wearing a jacket. I don't understand. You are not in your garage!

[@benabele3552]

What the hell are you talking about?

[@deandeck]

I think it's done on purpose to convey a sort of roll-up-the-sleeves-and-get-to-work aesthetic

[@elcaptnatx]

smart idea

[@seriousbutfunny2]

Miami is definitely the place to be until it gets washed out to sea!

[@RootBeerGMT]

Over priced and too many Mexicans

[@tmclean9]

Holy crap. I'm going to leave Florida. Jimmy is absolutely not a fiduciary if he's investing in crypto. Please prove the base case. Crypto has zero intrinsic value.

[@georgepittam7492]

How miss leading cheered on by Maga Joe oh yeah goggle and palantir know when his son bought durritos and don’t mention insurance costs in Florida

[@nickrook5519]

D.O.G.E

[@dirtbikematt3128]

Maybe zero-day options or NFTs are next.

[@chris12321222]

NFTs are coming back after this cycle

[@bwsumner]

All properly diversified portfolios should have an allocation to Bitcoin.

[@TylerBecker-d2n]

It has no intrinsic value!

[@scottssim3173]

@@TylerBecker-d2n Value is extrinsic

[@valparisien1]

Please explain that? BTC has enormous value

[@valparisien1]

To me it has value. Why do you think it has none?

[@garyfisherman99]

@@TylerBecker-d2n lol

[@BlockIQ]

This chap ought to be in Washington

[@yehimstone5492]

We have a name for people who invest their savings in fiat currencies, we call them poor. - Michael Saylor

[@JulianMAguilar]

Get #ShibaInu , #CAW ,

[@Cordycep1]

that fine, FEd luv that money is chasing virtual asset becuase it bring in tax & reduces inflation by taking money out of circulation.

[@yehimstone5492]

Money spent to buy bitcoin doesn't go out of circulation. It goes to the party that sold the bitcoin. There are now more us dollars in circulation than were printed from 1913 through 2008.

[@TylerBecker-d2n]

You’re pumping up your own position

[@mphsb]

InvestAnswers is one of the best channels to learn more on this topic.I have watched it for years.

[@TylerBecker-d2n]

@@mphsb lol that’s the new phrase you obvi don’t understand it. Educate urself…. Nah I know exactly what it is and exactly who is involved. And why blackrock supports it

[@mikewebster3126]

Ohhh jimmmy - stay away from the pensions. Give the homeowners and taxpayers a break with all those reserves then! nope not talking about that

[@Chris-PBTHOR]

I despise this interviewer. The Florida CFO would have been better off talking to an AI generated host. Enough with the boomers. By the way…Trump is losing so don’t cry about his loss. Also. No more federal support of Floridians for their houses in the way of every hurricane. Self fund. Not my problem

[@yehimstone5492]

Trump is 66% favorite on betting site.

[@zappex92]

Dump soon

[@hppavilionf50]

What a soft interview from Joe. Why didn't he ask about dividends, volatility, and estimating future returns with crypto? How can the state of Florida plan for future pension payments when crypto is so volatile and hardly a hedge against inflation?

[@yehimstone5492]

Value of 1 bitcoin in 2010 was approx 25 cents. Today is around $71,000. Who needs a 4% dividend when bitcoin's volitility causes so much price appreciation?

[@TylerBecker-d2n]

Should be illegal.

[@scottssim3173]

You can't ban Bitcoin. You can only ban yourself from Bitcoin.

[@TylerBecker-d2n]

@ it should never be allowed to be put in pension funds or retirements. Ik how frustrating it must be watching it’s barely do anything since 2022 and watches the value of the sp500 do laps on ya. You can do ur halving cycles to try and keep up with the fact less ppl desire a pyramid scheme asset

[@williamjackson8288]

@@TylerBecker-d2n😂

[@mphsb]

Follow Coins kid and The Bitcoin Family channel to fully be informed like everyone else.60 yr old female here.What other choices do we have!!!!zero

[@valparisien1]

Allocations to BTC will be minor. Moreover, the next generation won’t have your retirement if they don’t invest in BTC. You are probably the last generation that will be able to retire for a little while. BTC is probably the only way to pay for retirement.

[@QuotaVideoProductions]

The train has left the station - US Treasury Rosie Rios !!!! Crypto & Blockchain ain’t going nowhere !!!!! Let’s go!!! #statesadoptingcrypto #betterbuycrypto #orgetleftbehind

[@TylerBecker-d2n]

@@QuotaVideoProductions blockchain been here awhile.

[@yehimstone5492]

Bitcoin

[@TylerBecker-d2n]

@@yehimstone5492 no one wants it and people who don’t know what is in their pension funds shouldn’t be put in it to pump u bums up. Just watched the pension manager of NY basically right before NYCB almost failed the hedge funds sold to pension fund manager while the pension manager sold to pltr and two others that jumped huge. That’s not right Fiduciary responsibility!