Saifedean Ammous: Bitcoin is the Easiest Way to Get Rich

[@nomadcapitalist]

₿ With Bitcoin having recently hit $100,000, what should you do to prepare for looming crypto taxes, and what citizenship and residence options are available to Bitcoin investors? Watch this video to find out: kzbin.info/www/bejne/nX60fWmCqpKhjpo 👑🇦🇲 Also, stay tuned to the channel and turn on notifications as Live Like a King in Yerevan drops in just 2 days. The premiere is December 30 at 8 am New York time. Tune in!

[@Peter-m5n7m]

WOW! EYE OPENER!

[@PauloNideck]

What a great conversation! Saifedean is so incredibly bright!

[@SFrancis-Merry-Monetarist]

This is the best content I’ve heard since the Rogan Andreesen Interview. What a perspective.

[@al-muhaajir]

my wife and I are canadian born, lived all our lives in canada. we moved to jordan with our children, we all have jordanian citizenship now. best decision of our lives.

[@jimsmithnyny8905]

Days of Abdallah are numbered

[@theancientandreios7417]

@@al-muhaajir What is it like living in Jordan? I'm curious.

[@Rockaa63]

Poor you

[@harism2001]

So many have done the same thing. Just different countries. Sad how they have destroyed Canada. Now Canindia.

[@greythorne]

How is it living in Jordan now with the ongoing genocide and massacre in occupied Palestine? Any effects?

[@erwin_888]

well, that's a hell of an intro! curious for the rest..

[@1aninterpreter1]

Thank you so much for bringing Mr. Ammous

[@gordonwatson2960]

Two of my favourite people! Really appreciate this video.

[@nomadcapitalist]

Thank you! We're happy you appreciate the conversation.

[@Clownlife432]

Thanks for your work

[@keepitreal829]

Guys got great values for sure. Also excellent teacher . Thanks for the interview cheers 🥂

[@nomadcapitalist]

You're welcome. We're glad you enjoyed the conversation!

[@jshamid]

Great interview from a person who lived across the globe.

[@harism2001]

Bitcoin, gold, real estate, ETFs

[@V4BTC-wd5dn]

Legendary guest.

[@nomadcapitalist]

Thank you for tuning in.

[@MM-su9ew]

Yet again Saifedean is bang on

[@cathybestlercurtis]

My niece is 40. When she was in US sixth grade, school changes were made that my sister and brother in law did not like. My sister was volunteering in the school and still couldn't make headway with the school. She called the school about something and was told that once my niece got on the bus, she became school property and my sister and brother in law had no say. The Monday before Thanksgiving, my sister marched down to the school, took my niece out of class and home schooled her for the rest of the school year. My nephew was already in private school. My sister was already watching a neighbor's girl enrolled in that same private school, same grade as my niece. My niece went to that private school for at least seventh grade. My nephew was back in public school for high school. My sister was told that the regimen in place during my niece's sixth grade year was gone. The regimen!

[@jackieboy1593]

Won't someone think of the regimen! The regimen!

[@bitcoinpoemspro1406]

Thx

[@Clownlife432]

“Tax slaves to be sheered, or your most important asset to be invested in”

[@tdhmf]

His book “The Bitcoin Standard” will be arriving at my doorstep on Monday. I’m already sold on Bitcoin but now I want to know everything I need to know about it.

[@nomadcapitalist]

Thank you for the comment. We're glad you found the conversation with Saifedean Ammous to be so informative. You may also be interested in other content we have about Bitcoin and what Bitcoin investors can be doing from tax and immigration perspectives in order to protect their wealth: kzbin.info/www/bejne/nX60fWmCqpKhjpo

[@marcsnow1888]

Well done 👏

[@ChristelRoelandt]

Thank you. 👍

[@nomadcapitalist]

You’re welcome.

[@Guypt25]

He is a "palestinian" ??? what ???? he is from NOWHERE then.... "American media" your AXXXX ! most american media is left or far left anti-Israel. This guy defends terrorism. It is that simple. The guy is an asslicker of women beaters, censorship, brutality, islam forcing you to follow their insanity, corruption and terrorism. Please stop insulting our intelligence !!!

[@bobsmithers]

Wow! If this does not wake some sleepers up then not much will. The pot is starting to boil!

[@marcsnow1888]

Its coming and better first than last

[@Paul-v2h]

Great Interview and Guest. Many things to learn. Saifedean puts many things in their proper place and perspective beyond what many people are capable of. Bravo!

[@nomadcapitalist]

Thank you for the compliment. We're glad you learned a lot from the conversation!

[@Guypt25]

He is a "palestinian" ??? what ???? he is from NOWHERE then.... "American media" your AXXXX ! most american media is left or far left anti-Israel. This guy defends terrorism. It is that simple. The guy is an asslicker of women beaters, censorship, brutality, islam forcing you to follow their insanity, corruption and terrorism. Please stop insulting our intelligence !!!

[@adrielmartins5649]

That man is a legend. Great interview, great questions!

[@nomadcapitalist]

Thank you very much!

[@ac-go4np]

Wow! I am speechless! I wouldn't have guess such things could have been said in this channel! Great interview!

[@BatmanBoss]

Thanks

[@nomadcapitalist]

You're welcome

[@andrewacefraser]

Great interview! 🎉 I am learning stuff.

[@nomadcapitalist]

Thank you. We're glad to hear that!

[@Guypt25]

He is a "palestinian" ??? what ???? he is from NOWHERE then.... "American media" your AXXXX ! most american media is left or far left anti-Israel. This guy defends terrorism. It is that simple. The guy is an asslicker of women beaters, censorship, brutality, islam forcing you to follow their insanity, corruption and terrorism. Please stop insulting our intelligence !!!

[@todortodorov2696]

Great guest and great conversation! Thank you!

[@nomadcapitalist]

Thank you for the compliment. We're glad you enjoyed the conversation!

[@BasicBeachCommunity1]

great interviews recently ...Thanks!

[@richardeinheuser5529]

Really. This was not a good interview.

[@CSanderson]

Saif is THE most clear-eyed political scientist / economist / philosopher / carnivore very possibly in the entire world. 🎯🎯

[@Zuzana1fan]

No one in Canada owns their property outright. There is a clause that you don't own more than a certain layer of the ground, the government owns it after that first layer. They can take your land without cause or reimbursement. Most Canadians are unaware that the Gov rewrote the laws around this.

[@HankyHanky12345]

Repost right?

[@MagnusMagnus-t5e]

Good interview, but some things are a bit exaggerated. Lived in Southern California and several other great places in the US. Paid about 15% tax rate after deductions. Clean streets, good infrastructure, multi cultural with many good people. It’s quite nice.

[@harism2001]

Definition of US. loved it.

[@user-xg6yc8ho3w]

If you understand Bitcoin, you buy it. If you don't/won't understand it, you bash it. That's basically the simple truth of things.

[@gmghh457htr87]

Is the nomad now orange pilled?

[@will4417]

It's recency bias. Bitcoin has gone up, so they think it always will. Thus, they see it as an investment. You can't pay your local mechanic with it to fix your car so it's not really a currency. And there's no underlying asset behind it (like derivatives) or intrinsic value (like companies generating profits). It's closer to the Dutch tulip than it is to fiat money. But it has gone up, so they sit there acting like they can quantify its value beyond speculation.

[@ivangutowski]

BTC orange ? yes :D

[@Jackson-e4k]

He has been for a long time.

[@sallywilliams421]

Always has been

[@brianpatterson7125]

Very motivating interview !

[@nomadcapitalist]

Thank you. We're glad you found it motivating!

[@escalade8759]

It's simple! When everybody makes money, we all live in peace.

[@darwel007]

Bitcoin promises riches without work. The government should put one Bitcoin a month in our bank account!

[@marcsnow1888]

No . Bitcoin is a profe of work nothing is free. But if you work hard then if you have balls you pay for Bitcoin then its free ... its simple if you do the homework ​@darwel007

[@devireddysreedevi1180]

Short term invest buy or no Bitcoin

[@user-kv2lc8zo7u]

When two amazing people meet. Oh, synergy.

[@josuenunez6215]

Eprfect opening

[@Backtothecryptoverse]

Sounds like a good country

[@skhan_28]

El Salvador has been told by IMF to reduce exposure to crypto to secure a loan. So not all hunky dory...

[@nomadcapitalist]

The conversation addresses IMF opposition to El Salvador's efforts at: 37:54

[@drbennyboombatz9195]

That wasn't part of the deal, they just had to not force vendors to take bitcoin, since he's taken the loan he's been buying much more, the day after the loan was issued they bought 10 bitcoin, previously they only ever bought 1 a day

[@sallywilliams421]

Not true just that it would be optional and not irrefuseable, coming after the Salvadorians have seen huge price rises it's unlikely many trader will prefer fiat. He also bought Bitcoin with the loan so checkmate

[@Erik-v7w2v]

This was really informative about crypto, thanks for sharing! Quick question: I have a SafePal wallet holding USDT along with the recovery seed phrase (stereo blade emotion empower fence position oil crouch crisp churn bachelor hidden). What's the best way to send them to Binance? Thanks.

[@harism2001]

Dubai ❤ Dubai ❤ Dubai

[@harism2001]

If hot can always travel. That heat is not an issue for us. All aircon.

[@will4417]

If your currency has been stable against the USD, your government effectively prints just as much as the USA, or your currency would appreciate. It's a pretty simple concept, so I'm not sure how the man misunderstands it, or why figured that it's a good sign, since the US has been printing like there's no tomorrow, and only maintains the value of the USD by being the world's reserve currency. Then again, the man advocates for investing in a "currency" you can't even buy bread with, so that checks out.

[@ApexCypher_]

You can buy anything with BTC by using a BTC credit card.

[@skhan_28]

I understand where you are coming from but UAE hasn't printed the same amount of AED as the US Fed printed USD. However, the currency remains pegged to the USD. So I think he is referring to the monetary terms and not value terms. I could be wrong and happy to be corrected.

[@will4417]

@@ApexCypher_ A BTC card converts your BTC into your local fiat currency, then pays the seller. You don't buy anything in BTC, you buy in fiat, which backs your crypto. When I pay my groceries in USD, my bank doesn't convert my USD into some other currency...

[@will4417]

@@skhan_28 The GDP of the UAE in 2019 was $418B and $504B in 2024 (+21%). The money supply (M2) grew from $360B to $550B (+53%) during the same period. M2 increased by 44% in the US during the same time frame. The UAE printed more than the US between 2019 and 2024, and at a much higher pace than its national output, which translates into inflation. And sure enough, inflation during that period went from +1.93% in 2019 to +4.83% in 2022

[@sayfaslan]

Well done interview! Thank you for this conversation.

[@nomadcapitalist]

You’re welcome. We’re glad you enjoyed the conversation!

[@WarChestAnalytics]

But to "become rich" at some point you are going to transfer back your Bitcoin to dollars to "buy" what isnt still sold in BTC ?!? So all of the rhetoric and polemics that people use about the American dollar essentially being evil or devaluating is circumstantial at best. Lets take the emotion out of these discussions and see money and its speculative value "in all of its forms" as a zero sum game that were all playing.

[@ApexCypher_]

Incorrect. No one who’s rich sells assets. You borrow against them.

[@drbennyboombatz9195]

You never hold dollars for very long though, its lost over 97% of its purchasing power since 1913, that's not "circumstantial". Any sensible person would only hold enough dollars for short term expenses. Western governments have often been getting in the way of this with tax, hopefully the new leadership in the U.S. will change this trajectory. We actually have a situation where the governments thought they were doing bitcoiners a disservice by taxing it but in reality it's just making people hold off on buying anything or "cashing it in", I'm talking about speculative holders who just think about increasing their fiat holdings, theyre put off by the thought of running it back through an exchange and dealing with bureaucracy so they hold it much longer than they anticipated and a percentage of those people start to realise what they actually hold and so on and so forth

[@andydarbyshire4933]

once btc becomes legal tender your argument fails. the absolute scarcity of an asset used as money needs consideration.

[@GoldKingsMan]

Wow my father was a Dr too.

[@PrimoCari]

Appreciate the detailed breakdown! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?

[@FadeDance]

A globally diversified set of *compounding* assets is the easiest way. There is high variability in the bitcoin narrative. Compounding is a mathematical force with incredible power.

[@mrkilroy9167]

Please do more on Bitcoin! Maybe an interview with Rodger Voir before the US government falsely jails him! Tucker Carlson’s interview was very interesting! Roger said that the US government can watch your Bitcoin transactions!

[@user-xg6yc8ho3w]

Roger is bitter because he lost the blockchain wars that were going on in 2014. He created Bitcoin Cash, and it has continually lost value and use over the years. So he's bitter about Bitcoin. Anyone, not just the government can watch any and all Bitcoin transactions. But tying transactions to your identity all depends on you and if you KYC'd to get your bitcoin or the entity that you're sending Bitcoin to has their Bitcoin address attached to their identity. It's best to use wallets that use a new address each time you transact.

[@chezbabi]

I really liked when he said Canada is a comunist country 😂😂😂 (he's totally right)

[@BitKoinETF]

Violent, criminal is so shocking if it's not also true. Buying bitcoin is good for me and my protest vote 😢

[@Escape_The_Mundane]

I studied the German dna. About three thousand years ago, all europeans came from the mixing of the Caucasian hunter-gatherer (blue eyes, brown hair) and the eastern hunter-gatherer (brown eyes, blonde to brown hair color).

[@mukithebar6488]

Elon Musks Bitcon value will go to infinity and beyond

[@theohallenius8882]

"We were there, and we just decided... Communism it not for us" Best quote to describe current state of Canada 🤣

[@knnmran]

are you still not in on Bitcoin, anon?!

[@richardeinheuser5529]

To be fair. El Salvador like Jordan can pick you up and put you in jail for any reason. If you don’t mind people not having rights than yes it’s a great place.

[@harism2001]

Saudi is the future. One of the best places to live also.

[@pmb6667]

For MEN, sure.

[@guillotineblade999]

Actually.. The U.S. government already own, about, 80% of BTC (i have the feeling that FTX had a lot to do with the huge transfer.) So if you buy BTC you are actually still playing the U.S. government's game.

[@e.l.5402]

Great guest. Cant wait for 40 mins of quality content

[@nomadcapitalist]

Thank you for watching.

[@harveytaylor0101]

Love you guys, I’m invested and as I moved towards grabbing a contractor contract for overseas and beyond, I plan on putting my energy into investing with you guys. Thank you for the content and information

[@paul_barton]

Being British and UK tax resident, using Bitcoin (legally) is like being in a strait jacket :(

[@sallywilliams421]

Why would you spend it? It's a savings mechanism..for when you need to leave for doing a questionable social media post

[@TechWithAdil]

Awesome and what you think about investing in Tesla stock?

[@antoniobrasse7157]

Ok so mad respect out to this guy for his come up and all he accomplished but as someone professionally in the world of crypto, I don't agree with his views on Bitcoin. From an amassing wealth perspective, where you are putting fresh capital into the crypto markets, there are better opportunities than BTC. And its not outside the realm of possibilities that BTC gets dethroned one day. Its one of the worst blockchains out there. All it is right now is a speculative asset class where there is a belief and an idea behind it that has caused this rise in price. If someone builds something better with real utility that can go viral and have a religious following like Apple, BTC can be dethroned. It would need to be a pre minted coin though. PoW and PoS are both inflationary. Saying bitcoin is deflationary is false. Its inflationary technically until no more BTC can be mined. Its only deflationary relative to other assets or currencies but not deflationary on its own. Only pre minted coins can claim not to be inflationary.

[@sallywilliams421]

Fiat mentality

[@marcsnow1888]

The well-oiled ones were steaming

[@groomingtable]

There is no Palistine.

[@Sarine_Turhede]

MissCrypto is legit and her trading skills works like magic I keep on earning every single week with her new trading skills

[@JanSchulte-j6o]

Wow I' m just shock someone mentioned expert MissCrypto I thought I' m the only one trading with her

[@LeviLeonhardt]

She helped me recover what I lost trying to trade my self

[@LeviLeonhardt]

She's really amazing with her skills. She changed my 0.5btc to 2.1btc

[@mikejohn-r1i]

I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert MissCrypto I think she is the best broker I ever seen

[@Mr.PerformsnceMarketing]

I countlessly share my experience with coworkers at work, on how I made $23,000 from $2,000 in 7 days of trading

[@thomasjefferson4358]

What horrible advice... people will be committing suicide in droves when BTC realizes its intrinsic price of zero. Those that put their money in real useful commodities will preserve their wealth and flourish.

[@w-lm2339]

Agreed. Bitcoin will fall hard. All tokens that have utility will rise.

[@sallywilliams421]

HFSP

[@Rockaa63]

What is this Palestine propaganda 🤣🤣🤣 Btw most of the Bitcoin investors are from Israel just so you know

[@sallywilliams421]

Most! Where did you get that demograph? 😂 Bitcoin is for everyone

[@marcsnow1888]

Bitcoin is free ... no color no party no government no soccer team ..Its green

[@kingkay7058]

*was

[@Popescuconsta4]

Famous last words: but now beat the rush! …and end up with ZERO ( which is exactly what btc is worth) Stay tuned

[@marcsnow1888]

They said that about tulip 🌷 and guess what its real... good luck being poor

[@safrazhusain9612]

You go ahead and get rich and buy this pie in the sky

[@user-pq4nb1cn5n]

Just lost all respect for you - this was supposed to be about bitcoin , and to see you just sit there and let your guest speak freely how Israel "stole" lands from the Arabs is really outrageous , by not stopping him right there and then from talking about an issue that obviously you don't know much about - you make me puke , I am done with your videos !

[@exelmans8855]

I don’t know about the conflict I’m here for the bitcoin and they don’t t talk much about it.

[@Jack-qk3xv]

But Israel did steal lands, and is quite literally stealing land as we speak..

[@CreepyTrendMan]

😂😂😂

[@adithyad2858]

$XRP

[@DandbDandb]

Tell the guest there is hidden information about the nationality of the inventor of BTC, allegedly being a citizen from Israel

[@Guypt25]

These guys trash the West Israel and Christians (in private) but got their degrees in the USA. They love to travel to France or Switzerland and we have to hear these 🤡s lecturing all of us that Islam and those xxx Islamic societies are wonderful. They pose themselves as smart boys but they are just resentful hypocrites. Just pathetic.

[@DIGTHEVOICE]

Hahahahahahahhahhahhah😂😂😂 If you bought it 10 years ago. Better get XRP, XDC, XLM, ALGO, QNT and ADA.

[@kieranwilliams1817]

Im not holding bitcoin sorry, xrp is the number one thing I am bagging for 2025 to become rich

[@marcsnow1888]

Thats silly

[@kieranwilliams1817]

@@marcsnow1888 that is not. why spend something that not going to make me rich. XRP would and it would create wealth in the future.

[@marcinasia1731]

ponzi 101

[@younganton6405]

The anti-trans undertones are really unfortunate with this guy. Too bad.

[@5k-fcr121]

stop nitpicking.

[@will4417]

To be fair, he said he doesn't want it for his kids, and as a parent, it's his prerogative. He doesn't advocate for treating trans people like second-class citizens like your average conservative.

[@chicksandwich]

Really based*

[@younganton6405]

@@will4417 his parenting and prerogative is anti-trans. I agree.

[@younganton6405]

@@5k-fcr121 Calling out xenophobia is nitpicking?

[@roninrisin]

Cant believe. This shit!!!

[@marcsnow1888]

You need to change its the future

[@DeaneMulligan]

Web3 Infinity is 🔥🔥🔥

[@josuenunez6215]

Eprfect opening

[@mukithebar6488]

Elon Musks Bitcon value will go to infinity and beyond

[@mukithebar6488]

Elon Musks Bitcon value will go to infinity and beyond

[@mukithebar6488]

Elon Musks Bitcon value will go to infinity and beyond

[@mukithebar6488]

Elon Musks Bitcon value will go to infinity and beyond

[@mukithebar6488]

Elon Musks Bitcon value will go to infinity and beyond

[@mukithebar6488]

Elon Musks Bitcon value will go to infinity and beyond