Eric has drunk the coolaid, but Luke did not bite. Luke is my hero.
@davidschell312015 сағат бұрын
Yep, I am finding harder and harder to listen to Eric. Guy going down a dark hole.
@555frontierКүн бұрын
Luke is the best.
@John-qt3vtКүн бұрын
Luke starts at 4:00
@alanmrsic893Күн бұрын
Great stuff, thanks again! Let's go Bitcoin, to infinity and beyond 😅
@jamescoffey2472Күн бұрын
Thank you, Erik. Luke is a great guest.
@jacoblaue8937Күн бұрын
Hahahaha Erik questioning proof of work in favor of Ethereum tells you everything you need to know.
@jacquesreilly1850Күн бұрын
Does it really matter? Cryptos ultimately have zero value until the world hegemon decides to make one their only currency.
@nichole275719 сағат бұрын
100- it shows either a massive blind spot or just a lack of intellectual curiosity. He’s clearly not been watching the terminal decline of all proof of stake networks against BTC
@adamcar937617 сағат бұрын
@@jacquesreilly1850yes it does
@KittySquats14 сағат бұрын
Eth ran off 90% of their user base switching to proof of stake
@jjvaldes150 минут бұрын
Incredible how big of an idiot he is on BTC
@mc-kz8zn18 сағат бұрын
Great interview, Luke is awesome to listen to. I agree however with the other comment on this; Erik clearly has more homework to do on bitcoin, he clearly doesn’t understand it given the comment about proof-of-work. Erik…go and read Broken Money by Lyn Alden, theres a whole section in her book on why proof-of-stake fails if used as a basis for apolitical, neutral money for the world. It’s not that complicated, please put in the time to research more on that.
@mke6445davis6 сағат бұрын
He probably has read her book
@yodaddy-u4l9 сағат бұрын
I see Luke and I click.
@aspencouloir76117 сағат бұрын
Very good, thanks guys
@marcobiagioni4 сағат бұрын
Gold is also proof of work Eric
@anthonygargano186117 сағат бұрын
It’s called Fiscal Dominance
@BatmanBossКүн бұрын
Luke!
@marcobiagioni4 сағат бұрын
Great question at 37 mins.
@jackgoldman1Күн бұрын
Luke, please allow comments on your you tube channel. Why not?
@ryanwhitley978918 сағат бұрын
Anyone who allows commentary risks giving the noticers a voice. Sooner or later, probably sooner, some noticer or group of noticers will call out the communist jue criminal traitors destroying America and the world. The go...y im know.
@ryanwhitley978918 сағат бұрын
See what I mean.
@GreatestAudioBooksКүн бұрын
Love Luke. I wish he was aware of the financial surveillance risks inherent to Bitcoin. kzbin.info/www/bejne/raKZqGNpepd3iZY
@nathapolw18 сағат бұрын
A completely private cryptocurrency can work but will always remain a niche- it can never be embraced and can never be big enough to serve as a world reserve asset
@GreatestAudioBooks12 сағат бұрын
@ you make a fair point. a fully transparent ledger may be ideal for governments. But for individuals and companies the risk of inadvertently receiving “tainted” coins or being extorted is real. Worth understanding the risks.
@nathapolw5 сағат бұрын
@@GreatestAudioBooks true, one has to be vigilant about not getting doxxed
@jjvaldes154 минут бұрын
You are lost as Eric
@johnsavers116811 сағат бұрын
By allowing merchant pricing to be stated in both legal tender and in auction-based cryptocurrencies, such as BTC, KAS, and the like, expands business activity, disciplines the legal tender, and offers the possibility of separating the domestic legal tender currency and the faux currency, whereby the legal tender currency operates more in the international realm and the faux currency becomes the default "common domestic currency." Domestic taxes, such as an excise, can be built into any transaction, whether retail or peer-to-peer.
@dereksmith3779Күн бұрын
I keep a healthy amount of short ETFs in my portfolio at all times. Not so much I'm loosing money overall when markets rally. However, when market falls these shoot up and cover all my losses. In August, shorts covered all my losses and I sold. and used proceeds to buy longs which shot up afterwards.
@mickygarcia4251Күн бұрын
No one needs to sabotage Trump. That guy bankrupts casinos. It doesn't take a genius to do that.
@Kevriyal565416 сағат бұрын
Luke wants the ponzi to continue.
@joshclay-s8t16 сағат бұрын
Of course he does, if we returned to sound money all of these fools would be out of a job. They have no skill set, their entire industry was created by currency’s and their counter party risk.
@jmwSeattle21 сағат бұрын
Listening to Luke is like hearing a priest explain his strange religion. Bumped out.
@nathapolw18 сағат бұрын
It would seem strange if one is not following the development closely, I personally think he is connecting the dots.
@jjvaldes153 минут бұрын
He is just an idiot
@t-bone30924 сағат бұрын
Good convo but you clearly don’t understand proof of work 🤔
@jjvaldes156 минут бұрын
Erik still a complete idiot about bitcoin, the years go by and he still thinks btc competes with the us dollar, btc will make the US dollar stronger😅
@onlineadvertisingnetКүн бұрын
Who is Satoshi Nakamoto? Read Hijacking Bitcoin by Roger Ver. #freeross
@Michael-qy1jzКүн бұрын
I'm not a crypto guy but W Street/ Phenta Gone clearly hyjhakked it, but if BC couldn't withstand that, then better to know now so it's not adopted by humanity.
@GreatestAudioBooksКүн бұрын
Yep. Monero is actually private and fungible. BTC maxis are leaving a public trail for surveillance of all their financial transactions *forever*... but whatever. People will figure this out eventually. 😅 kzbin.info/www/bejne/raKZqGNpepd3iZY
@ramrao668Күн бұрын
CIA ?
@Michael-qy1jz21 сағат бұрын
@ramrao668 not their field. NSA etc/Pentagon
@jjvaldes152 минут бұрын
You are lost, veer in jail
@mikechannel502620 сағат бұрын
Why cant i listen to this guys sounds so scammy voice like some salesman that want to sell something. Am i the only one?
@nathapolw18 сағат бұрын
Doesn’t sound scammy to me but what he is saying about bitcoin might sounds conspiratorial if you haven’t been following the development closely - but as Erik said it could be a complete game changer. To me he sounds like someone who is thinking deeply out loud and allowing us to hear his thoughts. He was laying out different scenarios that could happen.
@mikechannel50262 сағат бұрын
@@nathapolw ok but that word salad that he is throwing out is very sales Manish. Specially dragging out the end of words is like he is making up things along the way.
@gounchface9 сағат бұрын
More nonsense.
@bngeneva8 сағат бұрын
Japan is a classic case in point 😂🤣
@bngeneva8 сағат бұрын
They are all such cloistered BSers,have no basic clue how the economy works but they are great salesmen😂🤣selling BS w authenticity😂🤣