Magic Internet Money

This episode was recorded on April 23, 2023In this episode, Brad is joined interviews David Bailey for a discussion on the ethical complexities within the cryptocurrency landscape. They tackle the tensions between libertarian values and the reality of Ponzi schemes that sometimes tarnish the industry's reputation. The conversation delves into the difficult questions surrounding the endorsement of Bitcoin while steering clear of passing moral judgments on competing cryptocurrencies.The duo examines strategies to surpass unethical crypto practices, drawing comparisons to Uber's success in revolutionizing transportation. They address the network's evolution, focusing on solutions like the Lightning Network and the emerging RGB protocol, which NFT developers are finding appealing for its cost efficiency.Moreover, Brad and David delve into the dynamics of the Bitcoin community, the delicate balance between inclusivity and toxicity, and the importance of setting an exemplary standard without alienating newcomers. The discussion points to a story of growth and transformation within Bitcoin over the past decade, emphasizing the shift from mere speculation to significant adoption and mindshare expansion.Lastly, the discussion sheds light on the potential repercussions of the Bitcoin Magazine's decision to support Ordinals and the controversial yet innovative steps taken within the industry. As they navigate these multifaceted issues, Brad and David maintain a focus on the pivotal role that Bitcoin plays in the current and future financial systems.Timestamps[00:03:53] Worked in crypto, saw innovation, saw scams.[00:10:06] Spending on real things sustains market growth.[00:12:03] Realized misguided investment, believed in Bitcoin.[00:16:21] Former Swan employee enters NFT bubble successfully.[00:24:02] Struggle with Bitcoin, libertarian values, and regulations.[00:26:54] People resist moralizing money in crypto space.[00:34:10] Tech entrepreneur shifted focus, embracing social impact.[00:40:02] Supporting larger blocks was good for business.[00:45:29] Maintain humility, pursue ego death, push bitcoin.[00:48:48] Bitcoin's future open to all perspectives.[00:57:41] Bitcoiners may turn against Ordinals, causing conflict.[01:03:58] Bitcoin embodies religion, social consensus and layers.[01:09:37] Limiting NFTs to Bitcoin caused user friction.[01:10:31] NFT user experience needs improvement, FOMO influence.[01:19:42] Bitcoin pleb advocates for inclusive, open industry.[01:23:37] Bitcoin conference needs better self-custody promotion.[01:26:53] UTXO Management drives GBTC investment forward.[01:31:39] Grayscale engaged in unethical tactics with trusts.[01:40:14] Interest rates likely to drop, affecting markets.[01:42:23] Resistance to Bitcoin shifting as relevance recognized.Find David BaileyDavid Bailey on TwitterFind Brad MillsBrad Mills TwitterMIM TwitterBrad Mills Facebook

This episode was recorded on June 3, 2022In this episode, Brad Mills interviews author and former Federal Reserve market specialist, Joseph Wang. Known for his work "Central Banking 101," Joseph offers a treasure trove of insights from his tenure at the Fed, drawing on his experiences navigating the financial landscape post the 2008 crisis.Brad and Joseph have an in-depth discussion on the world of the repo market, its challenges in 2019 when rates unexpectedly eclipsed the Federal Reserve's interest on reserves, and the implications for liquidity and bank stability. The episode delves into critical issues like the Liquidity Coverage Ratio (LCR) and the balance between capital and liquidity in safeguarding against bank insolvencies.Brad probes the possibility of the Federal Reserve's repo market interventions being akin to unapproved bailouts — a notion Joseph addresses by shedding light on the quality of collateral involved in these short-term lending agreements. The dialogue also ventures into the accounting aspects of bond maturities, the purchasing power of the US Treasury's looming debt, and the Federal Reserve's potential role in debt acquisition.Their exchange extends to Bitcoin's immunity to governmental control, contrasting its decentralized nature with other cryptocurrencies and what that means in an increasingly regulated environment. The episode advances through the murky waters of quantitative easing, the causality of inflation, and the contentious values underpinning the current financial system.Tune into this episode for a blend of expertise and provocative analyses, revealing the inner workings of the systems that move money globally. Timestamps[00:09:44] Keynesian vs. Austrian perspectives on sound money.[00:14:21] Doubts about banking system, learning and understanding.[00:19:48] Gold certificates allow expansion of money supply.[00:23:03] Banks took on too much risk in 2019.[00:27:26] System adapts, past battles influence future strategies.[00:35:58] Bank stocks used as collateral for lending.[00:41:52] Federal Reserve intervened in repo market, changed paradigm.[00:47:45] Federal Reserve stepped in to stabilize repo market.[00:53:39] Arbitrage involves trading based on price differences.[00:57:46] Fed tries to save system, government devalues currency.[01:04:15] Explanation of monetary transactions and balance sheets.[01:05:07] Fed moves money around, swapping one form.[01:15:05] QE raises stock and home prices by lowering interest rates.[01:17:09] Fed's $5 trillion in bonds affects rates.[01:24:34] Challenges ahead in financing US debt. Possible Fed intervention.[01:28:30] Extended conversation about Bitcoin and cryptocurrency concerns.[01:32:06] Bitcoin decentralized, resistant to government enforcement ban.Find Joseph WangJoseph Wang on TwitterFind Brad MillsBrad Mills TwitterMIM TwitterBrad Mills Facebook

This episode was recorded on April 27, 2023In this episode, Brad Mills is joined by Nicolas Gregory, an AI connoisseur, fervent bitcoiner, and co-writer of the CivKit White Paper. Amidst a backdrop of financial tumult as depicted in cinematic tales such as “Margin Call” and “The Big Short,” Gregory recounts his evolution from a software engineer entrenched in the throes of the 2010 banking crisis to a pioneer in the Bitcoin and distributed computing revolution.During his tenure in a bank's equities wing, Gregory gained critical insights into the mechanics of derivatives trading—expertise that now fuels his advocacy for Bitcoin's promise amidst the skepticism surrounding centralized financial institutions. The episode uncovers Gregory's early days within the close-knit Bitcoin community of New York, chronicling his transition into the startup sphere following the government's bailout of banks.Throughout the conversation, Brad and Nic dissect the intricacies of CommerceBlock's endeavours, including their trailblazing Mercury wallet initiative. The dialogue shifts toward the shifting landscape of finance in light of emerging Central Bank Digital Currencies (CBDCs) and the potential implementation of Universal Basic Income—developments that are set to redefine the very fabric of monetary systems.The episode delves into the mass exodus of top-tier talent from traditional finance to tech giants and startups, igniting an AI renaissance that threatens to reshape industries and employment. They explore the increasing centralization of AI, its impact on cybersecurity, and the looming threat of job displacement, even within the programming sector.Timestamps[00:00] Commerce Block's Mercury wallet enables anonymous transactions.[03:44] Customized Elements code, explored state chain concept.[06:35] Movies depict financial collapse and banking crisis.[11:13] Peer to peer rising, challenging centralized options.[14:36] Purchasing data centers, centralized AI, computing capacity.[18:02] Insider information hints peer-to-peer disruption ahead.[22:44] AI agents learn and replicate to scam.[24:11] AI agent creates fake negative restaurant reviews.[27:10] AI acceleration threatens privacy, regulations essential.[30:12] AI is replacing jobs in software industry.[33:28] Met at Bitcoin meetup, introduced paradigm, diverse group.[37:28] Creating pluggable toolkit for potential user framework.[41:30] Agree on UBI, transition to sound money.[43:08] Growing up in the 80s, world seemed uncertain.What is CivKit?CivKit is a protocol designed to transform peer-to-peer trading by fostering a web of trust and privacy through its advanced use of Nostr and Lightning Network protocols.Find Nic GregoryNic Gregory on TwitterFind Brad MillsBrad Mills TwitterMIM TwitterBrad Mills Facebook

In this episode, Brad Mills is joined by Liron Shapira, a vocal critic of the cryptocurrency landscape and an advocate for rational thinking in the age of digital disruption.Together, Brad and Liron navigate the tricky topic of artificial intelligence - dissecting the existential threats that loom over humanity as AI's capabilities grow increasingly advanced. They ponder the profound implications of AI surpassing human intellect and the potential havoc it could wreak, from manipulating markets to commandeering communication channels.As the conversation turns to the realm of cryptocurrency, they scrutinize the seismic shift from crypto to AI investments and the ethical dilemmas that have emerged within the tech industry.The episode features a candid look at the changing face of platforms like Coinbase, the integrity of blockchain technology, and the controversial rise of Web Three ventures. Amidst the critical conversations, there is room for optimism. Brad and Liron consider the transformative possibilities of technological advancements in reducing scarcity and discuss the voices leading the discourse on AI challenges and opportunities.Timestamps[00:00:00] Leron Shapira, known for humorous VC critiques.[00:06:00] Some in crypto may be called grifters.[00:14:58] Doubts about ethical behavior in the tech industry.[00:18:46] Cryptocurrency companies protect interests, fear potential loss.[00:23:14] Bitcoin warned about high fees in Ethereum.[00:28:11] Speculation on digital assets and their future.[00:35:46] Twitter usage down, migration from crypto to AI.[00:40:38] Soft targets for extraction and scamming abound.[00:47:16] AI writing viruses, spam and identity theft.[00:51:45] GPT Four still has flaws, not ready.[00:58:52] Book explores technology's deflationary impact on economy.[01:01:27] Fear of AI surpassing human intelligence is justified.[01:08:28] AI-driven decentralized technology signals imminent economic disruption.[01:13:37] Twitter best for daily AI doom updates.[01:19:16] Politicians avoid hard choices, fear market crash.[01:21:19] Urging political action to halt AI development.[01:28:20] Politicians are manipulated, rationality often overlooked.[01:33:36] Worried about disruptive effects on economy and communication.Find Liron ShapiraLiron Shapira on TwitterFind Brad MillsBrad Mills TwitterMIM TwitterBrad Mills Facebook

Building the Bitcoin Ecosystem: A Post-Hyperbitcoinization VisionJohn Carvalho, CEO of Synonym, discusses the underpinnings of Synonym, a venture that promises a comprehensive ecosystem for an alternative society and economy post-hyperbitcoinization. Synonym's design principles hinge on leveraging Bitcoin, Lightning, and HyperCore as foundational technologies, steering clear of bloated blockchains to create a more streamlined, efficient, and sovereign web experience.Block Tank and LSP: Enhancing Lightning ReliabilitySynonym's project, Block Tank, seeks to improve the Lightning Network's reliability and usability. As an LSP (Lightning Service Provider) service, Block Tank aims to simplify business onboarding and wallet functionality, with the broader ambition of fostering a healthy Lightning Network ecosystem through interoperability specifications. John envisions bitcoin not just as a currency, but as a catalyst for self-regulatory mechanisms, effectively replacing centralized entities in finance and communication.Slashtags: A New Primitive for Trust and IdentityAt the heart of Brad and John's discussion is Slashtags, a technology set to revolutionize peer-to-peer web solutions. By incorporating HyperCore, Slashtags aim to dismantle reliance on major tech firms, paving the way for decentralized search, publishing, and communications. This component aligns with John's perspective on a self-regulating society free from government intervention, where reputation and web of trust frameworks can flourish.Reflections on the Bitcoin Maximalist EthosA self-proclaimed critical thinker and bitcoin maximalist, John discards the belief that the bitcoin blockchain serves any purpose beyond handling bitcoin transactions. His approach is a testament to the power of innovation without reliance on blockchain technology for all solutions. This mindset is what propels Synonym to build technologies that enable a wide range of applications without compromising on decentralization.In his reflections, John criticizes the deceptive narratives that often engulf the crypto space, especially during bull markets. He challenges the baseless elevation of blockchain as a catch-all solution and emphasizes the importance of addressing actual problems over pursuing quick riches.Innovating with IntegrityDespite John's bitcoin maximalism, he recognizes the need for interoperability with other blockchain platforms. The acknowledgment of practical solutions over blockchain orthodoxy indicates a balanced approach toward the evolving landscape of decentralized finance.In this conversation between Brad Mills and John Carvalho, we gain insights into an alternative societal vision grounded in bitcoin's philosophy. Synonym stands as an exemplar of how technology should be wielded: to empower, not exploit. As John and Synonym pave the way, this episode serves as a reminder that the future of the web and finance is not tied to blockchain ubiquity but rather to the thoughtful application of decentralized principles.Time Stamps[00:04:46] Bitcoin dismantles existing systems[00:09:03] Web3: incentivize app usage, corrupt with tokens[00:14:48] Narrative war persists, shitcoiners won't quit[00:24:58] Stablecoins used for escaping inflation in fiat[00:32:51] Changes in history result in new blockchain[00:42:10] Limitations and risks of private peer-to-peer communication[00:46:35] Multi coin wallets face interoperability challenges[00:55:49] Names can be changed but keys remain[01:02:38] Better decision making through digital trust tools[01:08:10] Slashtag beta version has bugs but functional[01:12:12] AI: potential for privacy issues, censorship, monopoly[01:23:14] Bitcoin keys[01:28:01] Be skeptical of lost keys and create backupsFind John CarvalhoJohn Carvalho on TwitterFind Brad MillsBrad Mills TwitterMIM TwitterBrad Mills Facebook

On this episode of Magic Internet Money, Brad Mills hosts a discussion with Adam Back, Austin, and Jameson Lopp. They cover topics such as the competitive nature of the cryptocurrency market, bitcoin's performance improvements, side chains, and the controversy surrounding Altcoins.The speakers also delve into the problems with the banking system and how it affects bitcoin's price. Additionally, they touch on the ethics of misallocation of capital in the cryptocurrency market and whether education is necessary or people should learn by losing money in the market.Tune in to learn more about Bitcoin's current standing and what the future might hold.Time Stamps:[00:19:23] Bitcoin: A Useful Tool for Everyone[00:23:42] Why I Chose Bitcoin Over All Coins[00:32:46] Satoshi's Insightful Concept: Unchangeability of Bitcoin[00:38:01] Bitcoin Experts Prioritize Security Over Lightning Adoption[00:49:42] The Economic Phenomena of Altcoins and Innovation[00:57:12] Bitcoin's Code Continues to Undergo Rapid Changes[01:10:14] Covenants and Confidential Transactions: Exploring Liquid's Features[01:14:40] Simplicity: Bitcoin's Soft-Forkable New Scripting Language[01:18:05] Simplicity may make drive chain implementation easier[01:20:08] Bitcoin's Trajectory Could Reach Global Saturation SoonFind Jameson LoppWebsiteJameson's TwitterFind Adam BackWebsiteAdam's TwitterFind Austin AlexanderAustin's TwitterFind Brad MillsBrad Mills TwitterMIM TwitterBrad Mills Facebook

Round Two with Lyn Alden and Joseph WangOn this episode of Magic Internet Money, host Brad Mills invites two previous guests back onto the show. Lyn Alden, an investment strategist with a focus on macroeconomics and Joseph Wang, the CIO of Monetary Macro, return to the show to discuss macroeconomics and Bitcoin with Brad.Brad delivers a recap of his previous discussions with the pair of experts recalling problems with proof-of-stake systems resembling fiat money. Joseph ended the previous podcast with questions about the possibility of state intervention which could disrupt Bitcoin, but Brad didn't have enough time to cover the topic on the show. Brad's intent with this meeting of macro experts is to bring this discussion to light.Peer-to-Peer TechnologiesBrad kicks off the discussion where he left off with Joseph, about censorship resistance and how Bitcoin protects against censorship. Joseph brings his traditional finance experience into the discussion and offers a perspective of healthy scepticism, given his knowledge of the banking system and more generally, the financial sector as it is traditionally known. Joseph's first concern is the case of the New York Fed testing CBDCs and in the event that a CBDC ends up being a better use-case than Bitcoin, that could present a threat to Bitcoin. Lyn brings up an important consideration here, which is jurisdiction. This episode revolves around the United States and Canada, but there are other jurisdictions like Europe and China which present different threats to the Bitcoin space.Lyn brings up some case law from the 1990's, where a US court tried to ban peer-to-peer encryption. This particular case resulted in a loss from the US government and peer-to-peer encryption was protected due to it being an expression of speech. While the original case presented peer-to-peer encryption as an inherently villainous thing, peer-to-peer encryption is now a critical component to contemporary banking.Lyn sees a balance between two things when it comes to policy about Bitcoin which are the need for the technology and jurisdiction to quote Lyn; “...part of it also depends on need… Most people (In the United States) don't feel a pressing need to get into Bitcoin”. Lyn makes the comparison to Argentina, where Bitcoin is more widely considered.The peer-to-peer nature of Bitcoin is what makes it censorship resistant across jurisdictions, but in order for Bitcoin to take off at a larger scale, individuals first need to see a need to hold Bitcoin in the first place. In countries with a strong currency, individuals may not have that need.What is the Value of Wall Street?The podcast continues and Brad discusses his trip down the rabbit hole about what money really is and how he felt like he was “living in a big ponzi scam”. Brad asks, “what is the value that Wall Street brings to the world?” For Brad, Wall Street affiliated financial markets feel like casinos. In more simple terms, Wall Street does not produce value, it extracts it and this extraction contributes heavily to wealth inequality.For Brad, Bitcoin is a path away for individuals to protect the value they've created and save in a form of money that won't be debased. Brad mentions his previous affiliation with Austrian economics and libertarianism and his venture away from a libertarian position towards a position without a political label.Brad's position is that Bitcoin has two critical components which make it worth investing in. Bitcoin competes against a centralised system which constantly debases the money supply by offering a decentralised alternative choice to that system. Secondly, Bitcoin has an amount of censorship resistance as a peer-to-peer network, as previously discussed. Bitcoin's ability to evade interventions from other institutions is the critical point of its use case. Lyn mentions some data which supports Brad's position about censorship resistance. Bitcoin has higher instances of use in countries which Lyn describes as “authoritarian” and also have weaker currencies than the US dollar. Lyn remarks “I think it kind of starts in the periphery and moves inward.” Mentioning the fact that the chain analysis crypto adoption index shows that of the top 20 countries adopting cryptocurrency of all kinds, 18 of them are developing countries, with the other two being the US and UK.Bitcoin and Fiscal PolicyJoseph asks Brad if his concern is monetary policy, which involves a discussion about inflation. Brad and Joseph debate about whether or not the disinflationary nature of Bitcoin would make it a bad global currency. Brad mentions cases of Bitcoin forum discussions from 10 or more years ago where Satoshi and other early adopters were discussing how to start Bitcoin banks with a fractional reserve. With this potential, Brad is of the opinion that if Bitcoin were to become a reserve currency, it may resemble eurodollars.Time Stamps00:00:20 - Introduction and Recapping Guest Appearances00:14:00 - Show start00:19:10 - Bitcoin and the Advance of Peer-to-Peer Technologies00:28:15 - Bitcoin vs Emerging Market Currencies00:41:43 - Bitcoin and Taxation00:49:10 - Privacy Coins01:01:24 - What is the Value of Wall Street?01:09:30 - Credit Creation in Bitcoin vs Crypto01:14:25 - The Real Risk of ETH flipping Bitcoin01:21:15 - Last Words and Closing RemarksLinks to Mentions in the Show:Central Bank Digital Currencies (CBDC)Lightning NetworkGeorge SelginWikileaks being deplatformed in 2010Peter SchiffRobert KiyosakiMichael SaylorMoneroExecutive Order 6102Austrian EconomicsFind Joseph Wang:Joseph Wang TwitterJoseph Wang BlogFind Lyn Alden:Lyn Alden TwitterLyn Alden Investment StrategyFind Brad Mills:Brad Mills TwitterMIM TwitterBrad Mills Facebook

In this episode, Brad teams up with Alex Stanczyk — an avid Bitcoiner, a daily Bitcoin chat host on Twitter spaces and a former gold and silver trader who now works as private team MD at Bitcoin savings company Swan Bitcoin. Alex's Bitcoin backstory as someone in those capacities and who only recently had an epiphany about Bitcoin is teeming with interesting tidbits. What's more, he's a former co-host of "The Gold Chronicles with Alex Stanczyk and Jim Rickards" podcast with popular American lawyer and economist Jim Rickards. Tune in and listen to him and Brad talk about all things Bitcoin, how he landed a role at Swan Bitcoin, his relationship with Pickard, the concept of "alien money," and more!Time Stamps:00:00:00: Brad on his own history and relationship with Swan Bitcoin 0009:41: Jack Dorsey's, Cory Klippsten and Michael Saylor's roles in Bitcoin00:15:29: Delving into 2022's bankruptcies including BlockFi and FTX00:25:52: Introducing Alex and diving into his role at Swan Bitcoin 00:32:31: Alex's long road to Bitcoin00:37:59: Is the gold market manipulated? Orange pilling people about Bitcoin 00:45:50: Is intrinsic value a thing? What makes something money? 01:05:32: PayPal's $2,500 fine debacle in the face of Bitcoin01:15:02: Circling back to Alex's beginnings in Bitcoin and Swan Bitcoin 01:23:12: The fascinating contrast of Jim Rickard's background and his activism 01:24:39: God's law vs man's law on money plus Bitcoin's virtues 01:31:03: Why you need to listen in to Alex's show01:34:48: Closing out Links to Mentions in the Show:The Cafe Bitcoin ShowHexa wallet Michael SaylorJack Dorsey The Terra Luna collapse and the FTX collapse Exeter's pyramid Something Deeply Hidden by Sean Carroll: a BookDollar cost averaging Bitcoin Occupy Wall Street Currency warsFind Alex Stanczyk on: Alex Stanczyk TwitterThe Cafe Bitcoin Podcast on AppleThe Cafe Bitcoin Podcast on Spotify The Gold Chronicles with Alex Stanczyk and Jim Rickards Find Brad Mills on: Brad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram

Bitcoin is The Real Occupy Wall Street with Kent Halliburton In this episode, Brad is joined by Kent Halliburton, the COO of Sazmining — a company that promotes Bitcoin mining using renewable energy technologies. Sazmining is one of several emerging green Bitcoin mining companies looking to flip the narrative in an industry often vilified for its ridiculous energy consumption.As he tells Brad, Kent formerly worked in solar energy and has parlayed his experience and knowledge to help run Sazmining. But how did he even get into Bitcoin? In this sit-down, he shares the many nuggets of insight he has gained in his active years in the space.Tune in to hear him and Brad talk about the company, how money printing is counterintuitive, how they navigate Bitcoin conversations at home, and more! Time Stamps 00:00:00: Intro by Brad and an overview of Sazmining by Kent 00:04:23: What did Kent do before Sazmining?00:06:20: Diving into the status and opportunities for solar-powered Bitcoin mining00:14:30: A discussion on Jeff Booth's book The Price of Tomorrow 00:17:32: How do Brad and Kent reconcile Bitcoin and NFTs with family?00:22:44: All roads lead to Bitcoin 00:26:31: Lessons from Sazmining on riding out the bear market 00:30:11: Is JR Tolkien's ring of power similar to money printing?00:55:35: A personal anecdote by Brad on the impact of capitalism 01:05:23: Closing out and some lighthearted commentary Links to Mentions in the Show:Jeff Booth: The Price of TomorrowAspen Digital NFTsFear, Uncertainty, and Doubt (FUD)Occupy Wall Street Rare PepesSeed phrase The Celsius bankruptcy The Terra Luna collapse The Progressive Bitcoiner PodcastKent Halliburton and Sazmining Social LinksKent Halliburton TwitterSazmining TwitterBrad Mills Social LinksBrad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram

In this episode of Magic Internet Money, Brad invites amateur economist, Bitcoiner, and fan of the show, Henry Magram, onto the show to discuss in-depth two major concepts; The first being Austrian economics and the second being fractional reserve banking. Brad and Henry mostly agree on a few things, but there are the matters of the fine print to settle. Henry is a close follower of the Austrian school and explains the position more in-depth after Brad asks him about the possibility of a middle-ground between Keynesian and Austrian positions. Afterwards, Brad and Henry dive into the second topic, fractional reserve banking. Brad thinks that central banking and banking cannot be separated, but Henry believes the practice of banking need not be run the way central banking is today. The two cap things off with a short debate about what makes a means of exchange count as money before closing the show out.Time Stamps:00:01:00 - Introduction00:04:28 - Introducing Henry Magram00:12:48 - What is the Austrian school of economics?00:18:10 - A middle ground to be found with the Austrian school?00:27:37 - Brad's take on The Bitcoin Standard00:30:50 - Fractional Reserve Banking00:46:30 - Central Banking vs Banking00:57:30 - Price and Expenditure Within Systems01:02:54 - Is Bitcoin Money?01:16:08 - Closing Remarks and PlugsLinks to Mentions in the Show:ClubhouseAustrian EconomicsBlockFiLarry WhiteCantillon EffectThe Bitcoin StandardFractional reserve bankingFind Henry Magram:Henry Magram TwitterFind Brad Mills:Brad Mills TwitterMIM TwitterBrad Mills Facebook

In this episode, Brad sits down with Sunny Ray and Kyle Kemper. Ray is the cofounder of one of the largest exchanges in India, Unocoin, while Kemper is Justin Trudeau's half-brother and a diehard Bitcoiner. Ray and Kemper are also the hosts of the Love and Freedom podcast, a platform that discusses "current events, challenges, & the opportunities for freedom." The trio talk about the state of politics in Canada and their wish for Bitcoin advocate and Conservative Party leader Pierre Poilievre to come to power. They also debate what global money printing portends for the common person and why this proves the case for Bitcoin once more. Tune in for these and more!Timestamps00:00:00: Intro by Brad and commentary on Canadian politics 00:09:48: Conservative Party leader Pierre Poilievre is a champion for Bitcoin 00:13:20: The excessive money printing in Canada and how Bitcoin comes in00:33:00: On securing your financial future with Bitcoin 00:42:50: Could central banks and surveillance capitalists be behind NFTs and DeFi?00:49:00: Ethereum's proof of stake model flies against principles of decentralization 00:53:23: Delving into Web 3 scams and Dogecoin & Elon Musk01:06:50: For some countries, Bitcoin is not a luxury 01:23:00: Why we need unification in crypto 01:28:35: The role of money printing in propagating wealth inequality01:45:16: Bitcoin is on track to being worth a hundred thousand dollarsCanada's Justin Trudeau in February invoked the Emergencies Act — the never-before-used law since it was enacted in 1988. The unprecedented move was in response to the Freedom Convoy that had caused blockades in major border crossings in the country and gridlock in the capital. The Convoy was protesting against vaccine mandates and passports. The Emergencies Act cleared the "occupation" in Ottawa and also froze the bank accounts of tens of the Convoy organizers and participants. These actions were described by protesters and the opposition as unconstitutional and an overreach. For Bitcoin adherents, it illustrated the need for Bitcoin. Brad, Sunny and Kyle sit down against this backdrop. The three discuss how the Conservative Party — one most Canadians have never voted for — suddenly became the party of choice in the face of everything. It helps that PC leader Pierre Poilievre is a Bitcoin champion. What do all those events mean for the crypto pioneer? The three delve into that, as well as why you personally need Bitcoin, the space's scams, Elon Musk's promoting Dogecoin, Jack Dorsey quitting Twitter, and more. Below are some of the highlights of the conversation. #1. Securing Your Financial Future With BitcoinCovid 19 saw several countries opting to print more money to help keep their economies afloat. But printing more money is bad for the economy since it can trigger inflation. This rampant cash printing saw many corporates previously wary of touching Bitcoin shovelling money into the asset to derisk their finances. Brad reminds people of the importance of doing the same. He and Kyle emphasize the importance of not placing your financial future on whoever is elected.Brad remarks on Bitcoin being more a "productive protest" than a physical protest that the government will crack down on anyway. Sunny contends that Bitcoin needs only to continue existing to prove its importance in the face of such extremes by central banks. #2. Does Ethereum Have a Decentralization Problem?Many praises have been sung on Ethereum's transition from Proof of Work (PoW) validation model to Proof of Stake (PoW). Environmentalists are happy because it will reduce carbon emissions and sections of the cryptocurrency community welcome it because it takes off some of the weight of the environmental impact blame. But PoS allows only those with the means to become validators, making the network more centralized. Brad notes that the Bitcoin documentary "This Machine Greens'' recognizes that PoW can actually help us "to accelerate to renewable energy." As such, PoW is not the environmental threat it's claimed to be. #3. The Resilience of BitcoinThe trio deliberate on the rise of Web 3 products from DeFi to NFTs and whether that's stifling for Bitcoin. The answer is no, with Bitcoin being the "truth and the signal" à la Brad. Kyle likens Bitcoin to a rat for having everything thrown at it but still thriving. Also, the citizens of countries such as Nigeria, El Salvador and Venezuela aren't overly concerned with all these blockchain offshoots because their main concern is Bitcoin, which has a real difference to their lives. Podcast Mentions:Bitcoin conference MiamiUnocoin Exchange Love and Freedom podcast Chrystia Freeland's Cognitive State Capture(book)Jeff Booth episode Robert Breedlove episode The Lightning network When money Dies by Adam Ferguson (book) Principles for Dealing With a Changing World Order by Ray Dalio (book)"This Machine Greens" - Bitcoin Documentary Find Sunny Ray on:Sunny Ray Twitter Sunny Ray Instagram Find Kyle Kemper on:Kyle Kemper TwitterKyle Kemper YouTubeKyle Kemper Instagram Kyle Kemper Facebook Find Brad Mills on:Brad Mills TwitterMagic Internet Money TwitterBrad Mills YouTube Magic Internet Money FacebookMagic Internet Money Instagram

In this episode of Magic Internet Money, host Brad Mills invites lifelong hacker and Bitcoin entrepreneur, Eric Martindale onto the show to discuss Bitcoin, his journey working as a developer for Bitcoin related companies, and his layer 3 software called Fabric.Brad kicks the show off describing life in Cape Breton and the lessons of that experience, which he compares to the great depression and the film Cinderella Man. He introduces Martindale and a handful of basic topics of critique such as DeFi and altcoins.The main topic of the show is censorship resistance and the advantages to the additional layers that Bitcoin has developed since its initial launch by Satoshi. Martindale shares valuable personal experience with Bitcoin's development.Time Stamps00:00:19 - Introduction and catching up with Brad Mills00:32:50 - Show Start and introducing layer 3 and other terms00:37:50 - Introducing Eric Martindale00:44:40 - When did Martindale look closer at BTC?00:54:04 - Martindale's developer journey and insights01:09:55 - Where does Fabric fit into the layers of BTC?01:25:29 - On the Balkanization of the cryptocurrency world01:40:07 - More questions about Fabric and Portal01:51:30 - How to balance a passion for BTC with shitcoiner coworkers01:58:50 - How does the token for Portal work?02:06:20 - Outro and plugsLinks to Mentions in the ShowFabricPortalHolepunchWhat is layer 3?DeFiAustrian economicsThe Lean StartupCypherpunksThe World Economic ForumThe Lightning NetworkFind Eric MartindaleEric Martindale TwitterEric Martindale WebsiteFind Brad MillsBrad Mills TwitterMIM TwitterBrad Mills Facebook

On this episode of Magic Internet Money host Brad Mills invites investment strategist Lyn Alden, and analysts Dylan LeClair, and Checkmate onto the show to get into the thick of the technology of blockchains, namely on the topic of censorship resistance and the potential impact the Ethereum 2.0 merge might have in the world of cryptocurrencies.Time Stamps:00:00:20 - Introduction00:09:49 - Discussing censorship resistance, what if Bitcoin didn't exist?00:32:20 - Are there credible threats to user-activated software in Ethereum?00:41:07 - ETH proof of work vs ETH proof of stake00:57:23 - Institutional adoption, balkanization of treasuries, current events impact01:11:08 - Hypothetical: How do we get back into DeFi summer?01:21:32 - What is redeemable about Ethereum?01:34:28 - Is there any serious threat from regulatory risks?01:54:30 - Outros and PlugsLinks to Mentions in the ShowEthereum 2.0This Machine GreensThe Deep DiveWhy the Ethereum Merge is a BlunderGeyser FundWeb 3.0Freerider ProblemESGGuest Social LinksLyn Alden TwitterLyn Alden Investment StrategyDylan LeClair TwitterBTC IncCheckmate TwitterFind Brad MillsBrad Mills TwitterMIM TwitterBrad Mills Facebook

On this episode of Magic Internet Money, host Brad Mills invites Freedom Convoy activist and Bitcoin advocate, BJ Dichter onto the show. They discuss his experience with the Freedom Convoy movement and the consequent protests in Ottawa in 2022. BJ tells the story of how he got into Bitcoin and blockchain technology slowly but surely during his time at Ryerson University. The pair discuss the nature of politics in Canada and the up-and-coming conservative politician Pierre Poilievre. Brad and BJ talk about their experience learning about how the money supplies work and who runs them behind the scenes. The two wrap up the show with a discussion about Roger Ver and his anti-Bitcoin antics, as well as how the cryptocurrency space differs significantly from the Bitcoin space.Time Stamps00:00:21 - Show introduction00:01:01 - The state of vaccination status in Canada00:09:08 - Pierre Pollievre and Canadian politics00:21:25 - Introducing BJ Dichter00:31:17 - About BJ's time at Ryerson University, postmodernism, politics00:47:19 - Brad on unelected bankers, conversation about monetary systems01:01:20 - The potential significance of Bitcoin01:12:21 - A culture shift around Bitcoin and crypto, financial institutions01:19:50 - Conversation about Roger Ver01:32:30 - Bitcoin and censorship, competing against cryptocurrency and central banks01:56:00 - Censorship, power, and Web 2.0 institutions02:07:00 - Bitcoin and blockchain networking02:10:30 - Outro and plugsLinks to Mentions in the ShowHonking for Freedom FundraiserThe Trucker ConvoyWho's Peter Schiff?AmberSteven Hicks and his work on post-modernismJordan PetersonThe What Bitcon Did podcast hosted by Peter McCormack, with guest Roger VerBretton WoodsFind BJ DichterBJ Dichter TwitterBJ Dichter SubstackFind Brad MillsBrad Mills TwitterMIM TwitterBrad Mills Facebook

Frances Coppola (author of The Case for People's Quantitative Easing) joins Brad Mills to break down the evolution and inner workings of the financial system. The two walk through the last 100 years of changes to central banks and monetary policy to arrive at the current state of banking in 2020 and beyond. This episode helps contextualize bitcoin in the broader scope of the international financial system by understanding the nuances around money creation and distribution.Time Stamps00:00:25: Introduction from Brad00:28:04: Brad introduces Frances Coppola00:29:40: Central bankers might not know how the financial system works00:31:05: How lending actually works00:38:50: What bank reserves on the bank balance sheets do00:46:30: Difference between fractional reserve banking and current financial system00:57:05: Discussion on coming off the gold standard and how this changed how money works01:12:02: How easy it is to create money through quantitative easing01:20:50: The maturing of assets on the balance sheet01:29:50: Preventing the collapse of assets in the Great Depression and 200801:34:00: Inter bank borrowing, lending, and settlement01:44:20: The narrative behind how the financial markets responded to the COVID economic crisis01:50:50: Is the Federal Reserve actually printing money?02:00:35: Why the repo markets dried up02:04:10: What happens to stablecoins during crypto crashes02:07:35: Discussion on Celcius and crypto lending02:10:05: Wrap up, thank you, and closing thoughtsLinks to Mentions in the ShowLondon Interbank Offered Rate (LIBOR)Book: FiascoBook: Central Banking 101Frances Coppola Social LinksFrances Coppola on TwitterFrances Coppola on ForbesCoppolaComment.comBook: The Case For People's Quantitative EasingBrad Mills Social LinksBrad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram

In this episode, Brad sits down with Anthony "Pomp" Pompliano. Pompliano — colloquially called Pomp, is an entrepreneur, investor and podcast host. He's also one of the most recognizable personalities in crypto — with 1.5+ million followers on Twitter and regularly appearing on TV to debunk misinformation about bitcoin throughout the industry. Pomp has invested over $100 million in tech startup companies, owns Bitcoin, and has often been the voice of reason in Bitcoin diehards' and Bitcoin skeptics' showdowns. He has an initiative called PompCryptoJobs, through which job seekers can connect with industry employers. Pomp and Brad delve into that, some of the shockers in the industry's 2019-2021 cycle, and how to strike a chord among all Bitcoin camps in this episode. Tune in! Timestamps00:00:00: Intro by Brad00:04:00: Foray into Bitcoin fees.00:07:12: Square and CashApp implementing the Lightning network. 00:07:48: Tales of the 2019-2021 crypto cycle00.17:06: Bitcoin has begun the rise of the global store or value00:23:07: Lessons on reconciling the varying passions in crypto00:51:00: Optimizing for more. 00:58:00: How to be more nuanced when spreading Bitcoin knowledge. 01:11:43: Delving into why Bitcoiners should be tolerant of others' positions. 01:19:33: Discussion on emerging personalities that lump NFT projects together with Bitcoin.01:22:40: Getting Gen Z to get excited about Bitcoin01:25:00: Which crypto would aliens use if they came to earth? Podcast MentionsPomp Job BoardPomp Crypto AcademyBitcoin CityPodcast interview with Robert BreedloveFind Anthony Pompliano on: Anthony Pompliano TwitterAnthony Pompliano InstagramAnthony Pompliano YouTubeAnthony Pompliano PodcastFind Brad Mills on: Brad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram

On this episode of Magic Internet Money, host Brad Mills meets with entrepreneur Justin Rezvani to discuss his social media project, Zion. Inspired by a censorship-heavy environment on large social media platforms whose hands are forced by governments, Rezvani introduces a social network that is built on Bitcoin. Mills shares his experiences with the Bitcoin community and concerns with the censorship present on large platforms outside of social media, such as YouTube. Justin discusses his interview with YouTuber JP Sears and other influential voices in the fight against censorship.Time Stamps00:00:20 - Show start00:01:00 - Introduction00:02:35 - Internet censorship and the suppression of free speech00:14:40 - Twitter spaces, Clubhouse plugs00:16:11 - Interview with Justin starts00:21:51 - Leaving the social media giants, addictive algorithms00:28:40 - The value perspective of new social media platforms, tech companies00:36:06 - Bitcoin and the future of entrepreneurship00:43:00 - Justin on his conversation with JP Sears00:46:01 - Justin's relationship with Tony Robbins, internet infrastructure00:51:25 - The strength of companies as builders, market signals00:58:10 - Capital allocation and patronage for bitcoin tech and culture01:02:42 - Sovereign social media, webs of trust, decentralised identity01:16:43 - Outro, social media plugsLinks to Mentions in the ShowJP SearsCensorship leads to radicalizationWeb 3.0Cafe BitcoinBlack Bitcoin BillionairesLightning Network WhitepaperZion social networkJack DorseyPaul Graham's default alive/default deadSphinx social media platformFind Justin RezvaniJustin Rezvani InstagramFind Brad MillsBrad Mills TwitterMIM TwitterBrad Mills Facebook

Brad Mills talks about the issues he sees in the current Web3 landscape and venture capital's role in shaping it. He discusses how NFTs, DeFi yield farming, and memecoins are a potential blackhole for uninformed investment money in the long-term. Preston Pysh and Jeremy Rubin join and provide commentary on their positions when it comes to Bitcoin and its relation with DeFi. The group discusses the future of Bitcoin and altcoins within the current world economic framework before opening the floor to questions from listeners.Time Stamps00:00:10 - Introduction00:01:07 - VC in Web300:08:00 - Dying Money00:16:30 - Bitcoin is the Lifeboat00:19:48 - Guest Introductions00:22:52 - Preston Pish Introduces Himself and His Views00:28:00 - Jeremy Rubin Introduces Himself and His Views00:33:15 - Bitcoin DeFi?00:38:00 - Preston and Jeremy Talk About Lightning Network00:43:50 - Why Build DeFi on Bitcoin?00:45:15 - Long-term Probabilities and Short-term Noise00:53:00 - Yield in Crypto Lending vs. Legacy Options00:57:51 - Collateralization of Crypto00:59:53 - Jeremy Talks About DeFi01:03:34 - Q&A Intro01:05:16 - Ethereum Transition to 2.001:06:14 - Banks and Bitcoin01:10:16 - What Preston Pays Attention to in DeFi01:12:28 - What to Invest in Other than BTC?01:16:51 - Cheering on the Demise of the Dollar01:20:02 - Next Countries to Adopt BTC01:21:40 - BTC Developers Leaving Bitcoin01:26:58 - Bitcoin E-Waste in Future01:30:04 - Macro Signals01:34:50 - Closing RemarksLinks to Mentions in the ShowInvestors Podcast NetworkBitcoin Fundamentals PodcastMichael Saylor on Up OnlyThe Price of Tomorrow by Jeff BoothJudicaGuest Social LinksFrog RadioJeremy RubinPreston PyshFind Brad Mills on: Brad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram

Brad Mills invites fellow Cape Breton bitcoiners Steven Manley and Dominic onto the show to discuss early adoption of crypto and its relation to Cape Breton culture. Steven talks about his past involving early cryptography, Brad elaborates on the state and history of Cape Breton. Dominic talks about his history retiring from the military and retirement in Cape Breton. The group criticizes governments and their stances on Bitcoin and altcoins, as well as the problems facing not just Bitcoin, but the entire crypto space as regulators come to collect.Time Stamps00:00:18 - Introduction00:02:10 - The Post-Trust World00:08:25 - Show Start and Guest Intro00:15:04 - Getting into Bitcoin Early00:19:38 - The current state, Challenges facing Bitcoin00:27:51 - What is money and the violation of social contracts00:42:21 - Government relations with cryptocurrencies00:46:07 - Cape Breton culture00:52:06 - Bitcoin dominance, relation to altcoins and fiat00:59:28 - Questioning what money is and government control01:09:08 - Debt defaults and hyperinflation01:19:27 - Institutions and speculation, money wrapped up in assets01:26:01 - Factionalism in the cryptocurrency community01:32:37 - Bitcoin “a threat to the US dollar”, regulation and institutions01:42:30 - Trust and altcoin centralization, Bitcoin community vs Altcoin community01:55:27 - Jack Dorsey, the Twitter API, and relation to Bitcoin02:02:06 - Bitcoin not going away, life changes, institutional control of finance02:10:00 - Bitcoin and energy consumption02:15:40 - Updating away from equalization, Cape Breton modernizations02:24:03 - Social media plugs and closing remarksLinks to Mentions in the ShowThis Machine GreensMount GoxLightning NetworkIMF Concerned about CryptoizationSEC Court Case with CoinbaseCape Breton EconomicsShrinkflationBretton WoodsDefault on debt in LebanonFind Steven ManleySteven Manley TwitterFind Dominic RatelleDominic Ratelle TwitterFind Brad MillsBrad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram

This is the second episode with Go Full Crypto podcast hosts Keegan Francis and Mrugakshee Palwe. I managed to do an in-person interview with them in my homeland of Cape Breton, Nova Scotia. The major focus of this podcast was on financial literacy and the structure of the financial system. Keegan and Mruga ask me lots of questions on my backstory. I got to tell stories from my past that give my audience an insight into why I have so much conviction for Bitcoin after bootstrapping my own financial wellbeing in my 20's. This was a really fun episode to film and you get to learn about the Bitcoin journey all three of us have been on.Timestamps(00:00) - Introduction(01:48) - Reintroducing Brad(07:54) - Small Businesses and payment in crypto(13:17) - Are we trending towards a Bitcoin global standard future?(22:36) - Long Term Gain vs Short Term Losses, and the value of your money belief system(37:26) - Canada and Bitcoin(47:03) - Scarcity of resources, and the credit system(1:00:29) - Questioning Tax(1:11:27) - Discussing Regulation, Value, and Modern Monetary Theory(1:38:52) - What is the way forward? Discussing monetary philosophy(2:04:52) - The triggers and motivations that push one to understand money(2:14:34) - Bitcoin Sherpa and Closing ThoughtsKeegan & Mrugakshee's Social LinksGo Full Crypto PodcastKeegan Francis TwitterMrugakshee Palwe IntagramKeeganFrancis.comMrugaksheePalwe.comBrad Mills Social LinksBrad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money InstagramProduced by Brad Mills - Twitter, Jason Sanderson - Podcast Tech. Art by Daniel Huddlestone, Show Notes by Go Full Crypto.Other Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto.

Show NotesBrad interviewed Robert Breedlove on Real Vision Finance. This episode is a discussion on Bitcoin fundamentals and how they stack up against all the new features and developments taking place on other blockchain and cryptocurrency projects. Robert brings a deep philosophical approach to the topic of finance in general, always supporting his arguments with much needed historical and psychological context. Make sure to listen to the first 10 minutes of this episode, as Brad tacks on a message for his viewers that is not included in the Real Vision version of the episode.Timestamps00:00:00: Extended intro from Brad to the audience of MiM00:10:45: Money comes and goes, but time only goes00:14:18: Show start00:16:07: Robert Breedlove Introduces himself00:19:10: Bitcoin 101 & Inflation is theft explanation given by Breedlove00:26:30: Bitcoin vs Crypto00:35:20: Why learn more about Bitcoin? Is it old tech?00:38:20: Competing with Bitcoin as money. Crypto vs. Bitcoin. Breedlove makes comparisons between Bitcoin vs Ethereum and Blackberry vs iPhone00:41:11: Analogy of the internet00:46:30: Is the market rational?00:54:20: Do your friends take your advice on what to invest in?00:56:44: Hedging Strategies for Bitcoiners01:04:50: Are Bitcoin Maximalists Evil? Discussion on how to deal with faster and faster change.1:12:40: Recommendations for who to listen to in the bitcoin space1:15:02: End of episode + outroRobert Breedlove's Social LinksTwitterSubstackWhat is Money ShowParralax DigitalBrad Mills Social LinksBrad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money InstagramProduced by Brad Mills - Twitter, Jason Sanderson - Podcast Tech. Art by Daniel Huddlestone, Show Notes by Go Full Crypto.Other Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto.

Coffeezilla joins Brad to dig into his motivation for creating the "Exposing Tether" video on YouTube. The two discuss Coffeezilla's own crypto story, and what made him produce videos that expose scams. Coffeezilla provides a healthy sense of skepticism, and criticism for tether, while Brad drips historical context and commentary throughout.Timestamps00:00:00 Intro to Coffeezilla00:07:38 Intro convo between Brad and Coffeezilla00:10:13 how did Coffeezilla get into the crypto space? (Analysis of scams)00:12:45 Coffeezilla getting interested in Tether00:14:15 Tether's lack of transparency 00:15:35 what was the biggest scam that Coffeezilla uncovered 00:16:50 Coffeezilla's background00:18:42 Type of content Coffeezilla covers on his channel00:20:13 Bitcoin maximalism toxicity00:23:06 Robert Breedlove and bitcoin00:27:38 What is Bitcoin's thesis to Brad?00:33:11 Coffeezilla's bitcoin thesis00:34:56 Facebook, Google, and Surveillance Tech00:35:40 Centralization in money00:36:54 Coffeezilla's opinion on decentralization00:38:57 Projects before Bitcoin00:39:33 Will Bitcoin survive regulations?00:43:00 Executive Order 6102 on Gold00:44:34 The technology behind Bitcoin and its competitors00:49:26 How is Bitcoin solving inequality?00:53:35 Is Bitcoin not subject to Inflation?00:58:17 Talking about Tether video made by Coffeezilla01:02:08 Silk Road and Ross Ulbricht01:08:25 Coffezilla's and Brad's opinion on Tether01:15:38 - Wrapping Up Coffeezilla's Social LinksExposing Tether YouTube VideoCoffeezilla TwitterCoffeezilla InstagramBrad Mills Social LinksBrad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money InstagramProduced by Brad Mills - Twitter, Jason Sanderson - Podcast Tech. Art by Daniel Huddlestone, Show Notes by Go Full Crypto.Other Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto.

Junseth joins Brad Mills for a discussion about economics and finance. Some think that many of the world's problems can be traced back to the federal reserve, and the printing of money. Junseth makes a cogent argument throughout that things are a bit more nuanced than this perspective would lead you to believe. Many financial concepts are discussed in this episode, making it an ideal listen for those of you wishing to gain a broader understanding of market dynamics and macro economics. Savings, derivatives, Doge, DeFi, and of course, Bitcoin are all discussed within!Timestamps00:00:00 - Intro00:01:22 - Junseth introduction and Bitcoin Conference 00:03:12 - Bitcoin Maximalism vs Crypto00:05:40 - Junseth's History with Bitcoin Uncensored Podcast00:08:00 - How to be a good trader00:09:36 - Elon Musk to take over Dogecoin00:11:05 - No Oracles in Bitcoin00:11:55 - The Mission of Junseth00:14:58 - DeFi is a lot like a ponzi scheme00:17:38 - Money and the Federal Reserve00:19:50 - Junseth says we might be in a deflationary period00:21:32 - Bitcoin is the thing itself that is valuable00:23:20 - Applying politics to Bitcoin and modern monetary theory00:25:40 - Will the government collapse? Or just the dollar?00:26:42 - Civil war between Conservatives and Liberals00:28:40 - Bitcoin as an end of the world hedge00:29:38 - El Salvador experiment conversation about the USD00:32:20 - Bitcoin reinvents the entire monetary infrastructure00:35:40 - Making more sense to take on as much debt as possible00:37:00 - Is inflation real? Is there actually inflation around? Where can we find inflation00:41:26 - Are salaries rising at the same pace as inflation?00:43:02 - Quality of life going up over time, easier to buy a good computer for cheaper today00:45:40 - Where is inflation showing up in the economy?00:48:50 - Collectibles and Investments in the economy. The power of index funds, and diversification.00:52:40 - Story of FedEx employee who saved and indexed for 50 years00:55:25 - Did the federal reserve unwind the quantitative easing that they did?00:57:00 - Why does the federal reserve target inflation at 2%?01:00:30 - Managing a portfolio to always be in the asset that is likely to go up01:02:00 - Who benefits from inflation? Inflation is a tax on foreign companies holding USD.01:04:40 - People 50 years ago were much more entrepreneurial01:05:30 - Millennials have more savings than any other generation that has come before01:06:50 - Renting vs Owning. Can millennials own houses with their current income/wealth level?01:09:55 - Government Policy is the cause for irresponsible loans01:11:41 - Putting money in Bitcoin vs stock market in 2011. How much risk would each be?01:13:20 - Bitcoin is an asymmetric risk. Good opportunity for young people.01:14:35 - Bitcoin is digital gold, and Brad was buying silver, gold, and also Bitcoin. 01:16:50 - Why does Junseth think Bitcoin is going up?01:19:00 - How to buy a house with 3% down in Canada vs the USA. Index Funds vs House.01:27:30 - Brad's case for why things are not going to continue in the “business as usual” fashion.01:31:30 - What does it look like for the stock market or economy to take a turn?01:33:30 - Is there a lot of suffering nowadays? 01:43:01 - Would people care about the economy if they knew how it worked?01:47:30 - Discussion on Libertarianism, UBI, and Milton Freedman01:53:22 - Do people hold dollars? Junseth says most people don't hold dollars01:58:20 - Discussion on whether or not money printing causes all bad things?02:04:00 - The morality of how money is made02:07:03 - Buffet getting a call from the fed when the 2008 crash occurred02:10:33 - Rich people suffer more during a market downturn02:14:44 - Kids and graduating college kids are roped into credit card debt02:17:30 - In depth discussion on brads upbringing, and his experience with debt02:24:55 - Credit card debt is not collateralized, so you never need to pay it back02:29:02 - Fractionalization of money within the banking infrastructure02:33:50 - Do bank executives make too much money for their position?02:39:22 - Discussion as whether or not you can own volatility02:49:50 - What are derivatives? How did derivatives play into the 2008 crash? What are inside collateralized debt obligations?03:00:00 - The five things to fix society!03:03:45 - Discussion on COVID-19 and its causes, elaboration on crisis03:12:55 - Brad brings things back to the central bank printing money03:20:00 - Wrapping up, Closing ThoughtsLinks to Mentions in the ShowFederal Reserve WebsiteMilton FreedmanQuality of Life IndexFind JunsethJunseth.comUncensored Bitcoin PodcastFind Brad MillsBrad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money InstagramProduced by Brad Mills - Twitter, Jason Sanderson - Podcast Tech. Art by Daniel Huddlestone, Show Notes by Go Full Crypto.Other Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto.

Nicolas Burtey joins Brad to discuss what it is like building the Bitcoin Beach Wallet on the Lightning Network. Nicolas is the co-founder of Galoy Money, a company that works on bringing the lightning network to the people who need it, through open sourced, community based applications. This episode covers a range of topics including Bitcoin Beach, Lightning Network Scalability, and the merits of building on lightning in the midst of the DeFi frenzy. Nicolas brings his perspective as someone who has worked on VR, then Ethereum, then dedicating his time exclusively to Bitcoin.Timestamps00:00:00: Podcast Start and Introduction00:03:40: Nicolas's Introduction and conversation begins by talking about Bitcoin Beach00:05:50: Nicolas's backstory as someone who got into VR, then cryptocurrency through Ethereum00:09:07: Nicholas starts looking into the lightning network from a payments perspective00:14:32: Investors are sleeping on the lightning network, DeFi attracting Investors through deceptively enticing ROI00:18:25: What it is like building on the lightning network00:24:02: Building the Bitcoin Beach community with Michael Peterson00:27:20: Discussion on Custodial vs Non-Custody Wallets. Bitcoin Beach Wallet is Custodial and acts as a sort of Community Bank00:29:00: How is the Wallet of Satoshi scaling?00:31:28: Economics of El Zonte and El Salvador00:35:20: People trading in El Salvador, should people even try trading?00:37:38: What does it take to scale the Bitcoin Beach Wallet?00:40:50: How to help with the Bitcoin Beach Wallet project00:42:10: Thirty communities have reached out to the Bitcoin Beach Wallet. What is the future of the lightning network in these communities?00:44:00: Translation of Bitcoin content into various languages00:47:04: Bitcoin Lessons building bite sized Bitcoin educational material00:49:52: People travelling to El Salvador to help with Bitcoin education00:52:01: How to help out with the Bitcoin Beach Wallet. Brief discussion on Proof of Reserves, Liquidity on the Lightning Network.00:55:00: Outro, thanks and pitch to invest in Lightning Network CompaniesLinks to Mentions in the ShowBitcoin LessonsBitcoin BeachBitcoin Beach WalletWallet of SatoshiGaloyMoney WebsiteGaloyMoney GithubLightning NetworkGuest Social LinksNicolas Burtey TwitterBrad Mills Social LinksBrad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram

In this episode of Magic Internet Money, host Brad Mills invites Coindesk editor Ash Bennington onto the show to talk about Real Vision, Ash’s online web show about the world of finance. The duo discuss Ash’s experience at Coindesk and during the Dotcom bubble in the late 90’s. Brad questions Ash on the part he plays in his own show, most notably as a neutral voice between guests. Ash offers his thoughts on blockchain technology and how the digitization of finance, like everything else digital seems inevitable.Time Stamps00:00:31 - Introduction00:04:10 - What is Real Vision?00:07:32 - How Ash got into crypto00:15:27 - Differences between financial journalism and media00:18:18 - Token speculation and securities discussion00:24:58 - Comparison between blockchains and traditional finance00:31:33 - Security protocols and blockchain upgrades00:37:40 - Social media influence on markets, their effects00:45:03 - Benefits of blockchain technology00:49:46 - Game theory and governments00:56:57 - Bitcoin philosophy and related questions01:01:02 - History of centralized banks and decentralized finance01:08:05 - Risk and how institutions manage it01:13:20 - The fed and the pandemic01:17:00 - “How is the banking system not on the brink of collapse?”01:28:00 - Reducing cost of goods, rising cost of education, health01:31:35 - Twitter question for Ash, future speculation and goals01:37:29 - 2001 bubble analogies, then and now01:45:08 - Closing remarksLinks to Mentions in the ShowReal VisionCoinDeskClubhouseSwanUniswapLiquid NetworkDistributed Ledger Technology (DLT)The Creature from Jekyll IslandAmerica’s BankFind Ash BenningtonAsh Bennington LinkedInAsh Bennington TwitterFind Brad MillsBrad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram

On this episode of Magic Internet Money, host Brad Mills invites Why Buy Bitcoin author Andy Edstrom onto the show to discuss the potential that Bitcoin has in the world of finance. The two open with a discussion about “number go up (NGU)” tech and Andy’s book. Brad asks Andy for his take on how institutional backing stands to benefit Bitcoin. Andy talks about debt structure and his experience in finance and how working with institutional players educated him with insight into how modern markets work. Finally, the two wrap up with a discussion about what governments at local and international levels are doing to handle the current economic situation.Timestamps00:00:07 - Intro00:01:30 - Show start00:05:50 - “NGU tech” and writing Andy’s book00:10:22 - Institutional buyers and game theory00:16:48 - Financial planning in an institution vs as an individual00:24:10 - Bitcoin and equal opportunities00:27:24 - Speculation on altcoin and bitcoin futures00:37:40 - Balance in finance; staying diverse in turbulent markets00:40:31 - Andy’s “worst investment ever” and “If I had 1000 bitcoin”00:49:50 - Debt structure and Michael Saylor00:57:40 - Newcomers to Bitcoin and risk01:03:40 - Discussion about Andy’s book and time with crypto01:07:40 - The Californian exodus and the politics of taxation01:15:45 - “What could governments do?” Japanese central banking01:22:11 - Speculation about institutional money holders01:29:43 - Ethical case for Bitcoin01:32:20 - Closing remarksLinks to Mentions in the ShowWhy Buy BitcoinSwan BitcoinMichael SaylorMicroStrategyPeople leaving CaliforniaNegative interest rates in JapanFind Andy EdstromAndy EdstromAndy Edstrom TwitterFind Brad MillsBrad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money InstagramProduced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast TechOther Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto.

Brad Mills invites financial expert Greg Foss onto the show to talk about Bitcoin breaking into traditional finance. Greg discusses his 30 years of experience in the field of engineering and finance. Greg further explains to Brad the differences between a closed end fund and an ETF, and why a closed end fund in Canada is a big step for Bitcoin. The two debate about the current financial system; Brad on the side that it’s a ponzi scheme casino and Greg on the side of mathematics. Finally the duo speculate about the current state of the Canadian economy, and what Bitcoin might be able to do to help.Timestamps00:00:07 - Introduction00:02:23 - Show start00:04:44 - QBTC vs Bitcoin, what’s the difference?00:07:04 - The importance of tax deferred accounts permitting Bitcoin00:14:11 - Differences between an ETF and a closed end fund00:22:10 - Archegos “black eye on the US hedge fund community”00:25:17 - Currency Wars discussion and other book recommendations00:28:00 - The Casino for whales debate00:37:34 - A brief economic history lesson about Rogers Communications00:44:44 - Credit rating arbitrage discussion00:48:05 - Shareholder profits, taxpayer losses.00:55:40 - Understanding capital structure and the regulated market01:04:00 - Quebec pensioners and lessons about risk01:08:40 - The higher perspective of the regulated economy01:12:45 - Bitcoin as default protection01:15:55 - Why do banks have equity?01:19:43 - Toxic debts and brady bonds conversation01:28:55 - How equalization affects Canadians01:33:05 - What if Canada owned Bitcoin?01:36:04 - The Alberta situation and Canadian economic speculation01:40:14 - Discussion on the adoption of Bitcoin01:47:25 - Validus Power Company discussion01:52:10 - Bitcoin and it’s relation to traditional finance giants, MMT02:00:50 - Closing remarks about gold02:04:39 - Outro and social media plugsLinks to Mentions in the ShowThree IQQBTCWhat is a closed end fund?What is an ETF?Fred PyeArchegos controversyCurrency Wars by James RickardsWhat is credit rating arbitrage?Validus PowerJeff BoothFind Greg FossGreg Foss TwitterFind Brad MillsBrad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money InstagramProduced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast TechOther Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto.

In this episode, Brad teams up with Jeff Booth, author of 'The Price of Tomorrow' and one of the leading voices on technology and its impact. His book delves into how technology brings forth abundance and the danger of holding onto the economic systems of the past. As a person who's worked in the technology space for over 20 years and is an avowed Bitcoiner, Jeff has some interesting insights to share on how those two fields intersect. The two talk about the long-term impact of money printing, why Bitcoin is superior, and why deflation is a good thing for economies. Plus, how does Elon Musk balance allegiances to Bitcoin and the Fiat money world?Timestamps00:00:00 - How does Jeff balance being an entrepreneur and the whole media circuit?00:01:59 - The conviction of any entrepreneur, and Elon Musk nearly lost Tesla 00:04:26 - Lessons from Jeff's parents after they lost real estate in the '80s 00:07:36 - Why inflation is hidden tax - that enriches the 1%00:18:53 - Universal basic income is against the concept of free markets00:26:39 - Bitcoin is not the backup plan – it's the plan 00:40:26 - What could Elon Musk's thought process be on Bitcoin? 00:47:25 - Bitcoin's more than just about price00:48:00 - What would it have been like if we'd been on a deflationary currency since the gold standard?00:53:06 - There's no place you can hide if 90% of humanity lacks the basics and 5% has everything00:55:53 - AI and drug experimentation/ breakthroughs00:58:21 - How was it like for Jeff to speak to the House Of Commons about Bitcoin?01:02:08 - How does Jeff's wife perceive Bitcoin? Podcast MentionsThe Price of Tomorrow (Book by Jeff)Humans Need Not Apply (book)Artificial general intelligenceElon Musk's "Bitcoin is almost as bs as Fiat money" tweetPeter DiamandisFind Jeff Booth on:Jeff Booth Twitter Find Brad Mills on:Brad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money InstagramProduced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast TechOther Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto.

In this episode of Magic Internet Money, host Brad Mills invites fellow podcaster Jordan Harbinger onto the show to discuss NFTs, second passports, taxation, and money laundering. Both parties agree on the speculation that NFTs are a tulip style bubble, but are here to stay. The duo share their experiences paying taxes in the cryptocurrency space. Jordan explains how tax evasion is nearly pointless with Bitcoin, since the point of the blockchain is accountability. Jordan also offers his experiences in scam busting, and explains how NFTs could be a new gateway for money launderers akin to money laundering in the art collecting business. Finally, the two discuss the possibilities of second passports in the event of government overreaching for crypto assets. Timestamps00:00:34 - Show start/Collectable value00:12:38 - Asset allocation with Bitcoin and related assets00:19:25 - NFT bubble speculation00:26:39 - Current Bitcoin trend, what it would take to change it00:33:03 - How circumstances affect how deep into Bitcoin you should go00:36:18 - “The demise of the stock market” and speculation about the fed00:39:45 - The value of diversifying assets and self investment00:44:40 - How the podcast market shifted during the pandemic00:48:34 - Who’s talking about NFTs?00:58:35 - Jordan’s story about Ethereum01:03:00 - Measuring in Bitcoin terms01:13:05 - Taxation and Bitcoin01:18:55 - Speculation about “government overreach”01:24:08 - Closing remarks and social linksLinks to Mentions in the ShowWhat is an NFT?ICOs and why they’re importantClubhouseCassius MarshArt sales money launderingDogecoinJohn McAfeeFind Jordan HarbingerJordan Harbinger.comJordan Harbinger TwitterFind Brad MillsBrad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram

In this episode of Magic Internet Money, host Brad Mills invites lead editor of BoxMining.com, Michael Gu onto the show to discuss the recent NFT boom. Brad warns it’s a “tulip style bubble”, but remarks it’s a technology that’s here to stay. Michael offers his experience working in the field of gaming as an example of the future of NFTs. The two discuss how the field of collectables and art sales could be changed by the adoption of NFT technology. Brad and Michael speculate on altcoins, the effects from macromarkets on crypto, and the philosophy of Bitcoin. They further speculate on the future of crypto asset based games and what a successful model for one might look like.Timestamps00:00:43 - Show start00:00:56 - The NFT bull market00:04:59 - Ethereum’s relationship to NFT00:08:40 - Game assets not a model for NFTs00:13:08 - History between ETH and BTC00:17:58 - Bitcoin maximalist philosophy00:21:23 - Maximalism and motivations in life00:24:12 - Risk among cryptocurrencies00:31:50 - Risks for newcomers in the crypto space. “Degen pits”.00:39:00 - Anti-altcoining and the debate around it00:43:04 - Macro markets and their relation to Bitcoin00:46:36 - Infinite Fleet and NFT video game assets01:00:27 - The metaverse and the economic side to gaming01:05:10 - The collectables market01:12:03 - Crypto games and non-crypto games01:15:06 - Recommendations about Bitcoin and NFT01:20:14 - Closing remarks and outroLinks to Mentions in the ShowWhat is an NFT?Mark CubanUniswapSamson MowInfinite FleetWhat is the metaverse?ClubhouseLightniteFind Michael GuMichael Gu TwitterBoxmining.comFind Brad Mills:Brad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram

In this episode of Magic Internet Money, host Brad Mills invites NFT (Non-Fungible Token) specialist and art collector, Steve Wand to the show to discuss the recent boom in NFTs. Steve explains what NFTs are and his experience with virtual assets and collectables pre-NFT. For the unaware, the short version is that NFTs are a blockchain signature that can be attached to digital items and then sold. Wand discusses a little bit about the “metaverse”; the concept that the digital space will increasingly resemble meatspace. The two share their history with virtual economies from video games like World of Warcraft to various blockchain projects.Timestamps00:01:39 - Show start and introducing NFTs00:05:08 - Cryptopunks and past NFT projects00:07:07 - The value found in digital assets00:14:10 - Altcoins and tokens; why NFTs are different00:18:27 - Ethereum struggles and digital art00:23:07 - Potential NFT bubble00:30:00 - Virtual real estate and other digital goods00:36:56 - Future use cases for token technology00:49:32 - Future speculation01:09:32 - Social media plugs and wrap upLinks to Mentions in the ShowWhat is an NFTRare PepesCryptopunksERC-721Zed RunThe MetaverseCryptokittiesNiftyFind Steve Wand:Steve Wand LinkedInSteve Wand TwitterFind Brad Mills:Brad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram

In this episode, Brad is joined by Justin Rhedrick, a.k.a Bitcoin Vegan. As a Bitcoin maximalist, a black man, and an ex-prisoner, Justin's Bitcoin story provides a unique perspective that's world's apart from that of the average Bitcoiner. After getting out of prison, Justin discovered Bitcoin through his grandfather, then his friend Isaiah Jackson (Zay). His story is one of resilience, grit, and Bitcoin at the end of the tunnel. As a guy who went to prison, the traditional system is not exactly amenable to him. Luckily, Bitcoin is a way to opt out. Tune to hear Justin's inspiring story, as well as his and Brad's takes on issues currently surrounding Bitcoin. Timestamps00:00:00 - Justin on why Clubhouse is a firsthand experience on all things Bitcoin 00:02:29 - Misconceptions about Bitcoin that won't die00:04:41 - How everyone is asking about Doge on Clubhouse, and 'toshis' 00:07:41 - Brad's 75-day challenge including buying Bitcoin every day00:09:51 - Justin on why Bitcoin is like Floyd Mayweather 00:20:42 - As a vegan, is Justin mad about "No Keys, No Cheese"? 00:24:29 - Justin's story - his comeback story powered on by Bitcoin 00:40:32 - Brad and Justin's experiences with judgment in the Fiat system00:48:05 - On Charlie Shrem, Ross Ulbricht and Roger Ver00:51:00 - Slavery in prisons, and opting out of unfair systems with Bitcoin01:02:52 - Why Justin and Charlie Shrem should do a podcast together01:07:40 - Justin's social media plugsPodcast MentionsAlex Gladstein Zay's 'No Keys, No Cheese'DeFi VenturesCharlie SchremRoss Ulbricht Roger VerStephen Kotler How Money Got Free, Book Find Justin Rhedrick on:Bitcoin Vegan Twitter Bitcoin Vegan InstagramFind Brad Mills on:Brad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram

Brad is joined by friends Bryan O’Gorman and Nick Beaton for a fun comedy style podcast. Bryan and Nick come to Brad with fresh questions from a beginners perspective after the recent run up with Bitcoin. This episode has topical conversations on Outrage Culture and how it is affecting the comedy scene. Additionally, the trio discusses Elon Musk and his endorsement of Dogecoin. Brad layers this discussion by always bringing things back to Bitcoin. Tune in for good memes, and great fun. Timestamps00:00:00 - Show Start00:02:35 - Introductions00:04:02 - Are you thinking of Buying Bitcoin?00:06:25 - Bitcoin is up 15x in 18 months00:06:51 - Nick Buys Bitcoin with Brad’s Bitcoin Card00:08:30 - AMC Stock Vs. Bitcoin (Company vs. New Money)00:09:40 - Brad’s Thoughts on Dogecoin00:12:37 - “Have fun Staying Poor”00:14:38 - Stocks vs Bitcoin. World Transferring its Wealth into Bitcoin.00:16:50 - Toilet Paper Fiasco of 202000:17:24 - Everyone has too much Debt“Everybody’s Leveraged way too much, because money is just debt, people are overleveraged”. 00:23:00 - Discussion on Black Lives Matter & Outrage Culture00:28:25 - Two Scenarios for the Future00:33:30 - Can you Buy Things with Bitcoin? Brad gives the Satoshi Gospel00:36:20 - Thinking in Dollars00:37:25 - Bryan: Should I wait for a Dip?00:41:40 - Where is Comedy Going? Discussion on Comedy in COVID era00:49:40 - Real Advice for Bitcoin00:51:05 - Canadians can get Tax Free Gains on Bitcoin00:53:50 - Nick and Bryan’s Financial Plan for the Next Time They Meet00:55:15 - Outro Links to Mentions in the ShowDogecoinRise Wallet Bitcoin CardsCanadian Debt CalculatorThe Great DepressionFind Bryan O’GormanBryan O’Gorman TwitterGlorious and Free PodcastFind Nick BeatonNick Beaton TwitterNick Beaton on Funny BusinessTeslaFind Brad Mills:Brad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money InstagramProduced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast TechOther Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto.

On this episode of Magic Internet Money, host Brad Mills invites Isaiah Jackson onto the show to discuss how Bitcoin is benefitting the black community. Isaiah informs Brad of how racism is baked into the financial system. Isaiah explains the resistance in the black community towards libertarian mindsets and adopting Bitcoin. The duo discuss their experience in educating others about Bitcoin, including Soulja Boy who has recently inquired about the currency.Timestamps00:00:20 - Introduction00:03:05 - Show start00:04:10 - Introducing Isaiah Jackson00:13:37 - The claim with “you got lucky”00:16:25 - Black Bitcoin Billionaires00:23:22 - Bitcoin’s early scene and why didn’t more black people join00:27:19 - Isaiah’s experience with Bitcoin and the black community00:34:02 - Financial racism towards the black community00:41:32 - Soulja Boy asking about Bitcoin00:48:40 - The Tulsa massacre and group economics00:50:55 - Closing remarks and advice01:00:42 - Social media plugsLinks to Mentions in the ShowClubhouseBlack Bitcoin BillionairesSoulja Boy investigating BitcoinTulsa MassacreLamar WilsonCrypto Blockchain PlugBitcoin VeganTavonia EvansFind Isaiah JacksonIsaiah Jackson TwitterBitcoin and Black AmericaFind Brad MillsBrad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money InstagramProduced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast TechOther Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto.

On this episode of Magic Internet Money, host Brad Mills invites fellow podcasters Max Keiser and Stacy Herbert onto the show to discuss the stock market fiasco caused by r/WallStreetBets. The group discusses how it resembles the 2008 housing bubble and other stock market crashes. Max passionately defends Millennials and Generation Z’s “right to compete”. Brad discussed the history of fraud that Wall Street bankers have dabbled in over the years and the fallout of those controversies and how they related to the Gamestop Short.Time Stamps00:00:19 - Intro00:02:21 - Show start00:04:10 - What is shorting?00:11:20 - Why did Millennials buy GME?00:16:18 - How GME resembles 200800:19:45 - The Bailout Chain00:21:14 - Citadel, RobinHood, and how dominoes fall00:24:00 - Occupy Wall Street in cyberspace00:28:48 - Market rigging software00:31:40 - London: the capital of fraud00:35:18 - What could crash markets?00:42:00 - Banking crisis00:47:55 - How banks “killed Greece”00:50:51 - “Bitcoin is the best way to do battle against crooks”00:53:03 - Bitcoin vs “Shitcoins”00:57:53 - “Attack on the Capital in cyberspace” and closing remarksLinks to Mentions in the ShowThe r/WallStreetBets ShortCitadelMelvin CapitalNaked ShortingRegulation SHO (Reg Sho)Patrick ByrneHistory of US BailoutsAsymmetric WarfareHow are Melvin, Citadel, and RobinHood Related?Occupy Wall StreetFind Max KeiserMax Keiser LinkedInMax Keiser TwitterOrange Pill Podcast Find Stacy HerbertStacy Herbery TwitterStacy Herbert LinkedInFind Brad Mills:Brad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money InstagramProduced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast TechOther Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto.

In this episode, Brad taps Ivan Brightly to analyze Bitcoin's current crazy rally and its lifting of altcoins with it. Ivan is Brad's friend, fellow Bitcoiner, and investment partner. He was also an early partner at Mike Novogratz's crypto investment firm Galaxy Digital. The two get into one of the space's most touchy debates: should you put your money in Bitcoin only, or should you bet on altcoins as well as DeFi? Some sections of DeFi have raised eyebrows as some people question whether it's really about 'decentralizing finance' or if there's more than meets the eye. Tune in to hear the two's (often contrasting) stances on this and more.Timestamps00:00:00 - Intro by Brad 00:03:31 - On 'Bitcoin freeriding', recent 51% attacks and the BTC/BCH war 00:22:50 - Blockchain applications are cool, but do we need all these accompanying tokens? 00:25:50 - Is DeFi really about helping people?00:34:41 - Lightning Network's privacy or lack there of it 00:46:44 - The thing with 'DAO's00:52:51 - Are tokens going to replace equity? 00:57:00 - Brad's strong case for Bitcoin-only investing 1:24:55 - Ivan and Brad's closing arguments on whether you should go Bitcoin-only1:29:35 - Why you should check out the Lightning NetworkIvan Brightly and Brad Mill's First episode Mike Novogratz of Galaxy Digital Lindy effect of BTCSatoshi's disapproval of WikiLeaks' use of Bitcoin Monero Sybil attack, Bitcoin Gold, and Firo's 51% attacks Uniswap and Sushi Swap DeFi protocolsLuke Martin Find Ivan Brightly on:Ivan Brightly Twitter Find Brad Mills on:Brad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money InstagramProduced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast TechOther Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto.

On Episode 35 of Magic Internet Money, host Brad Mills invites Brandon Quittem on the show to talk about mycelium networks, a generational theory called The Fourth Turning, and the global financial system. Brandon introduces himself and his background in yoga and travelling India for four years. He transitions into the discussion about how Bitcoin resembles mycelium networks and functions not unlike a living organism. Brad remarks that after learning about the cordyceps mushroom, Bitcoin “takes over your brain” like the zombifying fungus. Brandon explains what The Fourth Turning is to Brad, and the patterns that occur between generations reveal themselves. Brandon believes we are in the midst of a Fourth Turning at this time, and discusses a forecast of events to come. Things such as the possibility of a civil war in America, but not in the traditional sense and a “Bitcoin renaissance”.Time Stamps00:02:36 - Introduction00:03:54 - Brandon’s background and mycelium00:15:25 - Bitcoin as a mycelial network00:21:30 - Bitcoin takes over your brain and adoption00:27:33 - The Fourth Turning00:38:40 - Climax of The Fourth Turning00:43:20 - Popular culture defined by the left00:49:30 - Minneapolis protests and contemporary rhetoric01:02:18 - Trump possibilities and the left01:07:16 - Bitcoin Renaissance01:09:40 - Benefits of Bitcoin01:15:00 - Bitcoin is a peaceful revolution01:20:30 - The alt-coin question01:25:30 - Bitcoin resources01:34:28 - OutroLinks to Mentions in the ShowRalph Merkle and Bitcoin as a living thingWorld’s largest organismJoe Rogan PodcastElon Musk TwitterThe Fourth TurningDonald Trump banned from twitterThe largest wealth transfer everCancel cultureJeff BoothExecutive Order 6102Find Brandon QuittemBrandon Quittem TwitterBrandon Quittem’s websiteBrandon Quittem on ClubhouseBrandon Quittem on SwanFind Brad Mills:Brad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram

In this episode, Brad is joined by Keegan Francis and Mrugakshee Palwe. Keegan and Mrugakshee are behind Go Full Crypto, a podcast and service that helps people transition into crypto. Mrugakshee, being a woman from India, represents the diverse faces in Bitcoin and crypto. As a native of India, what are her Bitcoin lessons? Tune in for this and everything including financial self-custody, hyperbitcoinization, CBDCs, and more. Timestamps00:00:00 - Intro by Brad 00:03:38 - How Brad discovered and connected with Keegan and Mrugakshee00:06:33 - Brad on engaging with diverse Bitcoin voices onwards 00:10:03 - Bitcoin and taxation, libertarianism, and how about pushing Bitcoin on marginalized Cape Breton00:21:33 - Social disparities Bitcoin can fix - personal experiences by Mrugakshee and Brad00:34:41 - Discussion on Bitcoiners and the need for empathy 00:40:40 - Delving into hyperbitcoinization and how it would manifest 00:42:57 - Chat on self-custody of keys and role of encryption in self-sovereignty 00:48:43 - Keegan and Mrugakshee on their families' attitudes towards Bitcoin 00:51:23 - Politics of universal wealth distribution and achieving universal Bitcoinization 1:17:13 - Pivot into central bank digital currencies (CBDCs)1:19:35 - Human rights and privileges and whether Bitcoin's a cure-all1:37:08 - Elevator pitch by all three on why you should look into Bitcoin 1:44:05 - Where to find all three Podcast MentionsIsaiah Jackson on Go Full CryptoStory of Dan Clarke on Go Full CryptoAnsel Lindner on Magic Internet MoneyHow to Get Filthy Rich in Rising Asia HyperbitcoinizationMoney, Bitcoin and Time blog by Robert BreedloveThe Big Short, movieFind Keegan & Mrugakshee on:Go Full Crypto podcast Go Full Crypto TwitterKeegan Francis Twitter Mrugakshee Palwe InstagramFind Brad Mills on:Brad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram

Magic Internet Money: Willy WooIn this episode, Brad is joined by one of world’s most popular personalities: Willy Woo. Willy has over 200,000 followers on Twitter and is Substack's currently best-rated investment newsletter. Most people know Willy as the on-chain analyst, but they haven't gotten the chance to hear him one on one. He talks for the first time about last March's Adaptive Capital shut down, as both reveal their stake in the fund and how they rode out the fallout. Tune in for illuminating discussions on more Bitcoin trends. Timestamps00:01:00: Introduction by Brad00:03:17: Willy's newsletter, 00:04:45: Willy on BTC's current bull run 00:14:09: Willy's analysis of the direction of exchanges' traffic 00:16:29: Willy's newsletter and his on-chain analysis 00:19:00: Discussion on Bitcoin’s fit into Willy's personality spectrum 00:28:26: The Satoshi mystery00:31:31: Willy's first foray into investing00:55:21: 'Stoic philosophy' and Zen01:02:46: Willy's approach to the recent financial crisis 01:06:30: Adaptive Capital's and lessons learned01:15:15: Bitcoin's cycles01:31:41: Brad's 75-day challenge 01:32:53: Where to find Willy on socialPodcast MentionsMicrostrategy buying of Bitcoin Blackrock's endorsement of BitcoinMichael Saylor Willy's cool "Shit runs downhill" chart Proof of Keys, Trace MayerLaura Shin, host of Unchained PodcastAdaptive Capital closure GlassnodeCoin Metrics Find Willy Woo on:Willy Woo Twitter Willy Woo Substack Find Brad Mills on:Brad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram

In this episode of Magic Internet Money, host Brad Mills discusses guest Ivan Brightly’s time being partnered with Galaxy Digital. Galaxy began as a hedge fund that has since shifted its scope to become the “Goldman-Sachs of Crypto”. Ivan discusses his experience with the company before his departure in January.The pair discuss the impact that ETFs are having and may continue to have on cryptocurrency markets. In addition to that impact, ETFs have the potential to bring centralization to the market. Brad and Ivan debate about Coinbase being anti-bitcoin and whether or not it remains true to libertarian philosophies. Finally, the two share their lessons learned over the past few cycles and share their crypto portfolio experiences.Time Stamps4:20 – “Saylorization” of the investment class and cipherpunk values10:20 – The Risk of government intervention22:53 – Importance of ETF38:20 – Options about GBTC/QBTC57:30 – Lessons learned over past cyclesMentions from the ShowGalaxy DigitalMike NovogratzBen Hunt’s podcast, Epsilon TheoryMichael SaylorChaincode and Blockstream developer toolsBitcoin ETFsCoinbase Find Ivan Brightly at:Ivan Brightly twitterBrad Mills Social LinksBrad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram

In this episode of Magic Internet Money, host Brad Mills discusses guest Ivan Brightly’s time being partnered with Galaxy Digital. Galaxy began as a hedge fund that has since shifted its scope to become the “Goldman-Sachs of Crypto”. Ivan discusses his experience with the company before his departure in January. The pair discuss the impact that ETFs are having and may continue to have on cryptocurrency markets. In addition to that impact, ETFs have the potential to bring centralization to the market. Brad and Ivan debate about Coinbase being anti-bitcoin and whether or not it remains true to libertarian philosophies. Finally, the two share their lessons learned over the past few cycles and share their crypto portfolio experiences. Time Stamps 4:20 – “Saylorization” of the investment class and cipherpunk values 10:20 – The Risk of government intervention 22:53 – Importance of ETF 38:20 – Options about GBTC/QBTC 57:30 – Lessons learned over past cycles Mentions from the Show Galaxy Digital Mike Novogratz Ben Hunt’s podcast, Epsilon Theory Michael Saylor Chaincode and Blockstream developer tools Bitcoin ETFs Coinbase   Find Ivan Brightly at: Ivan Brightly twitter Brad Mills Social Links Brad Mills Twitter Magic Internet Money Twitter Magic Internet Money Facebook Magic Internet Money Instagram

In this episode, Brad Mills, host of the Magic Money Internet Podcast, is joined by Ray Youssef, the founder of Paxful. The two discuss a range of topics during this episode such as Bitcoin, Africa, and the story of how Ray founded Paxful. Today, Paxful is a network with more than 5 million global users, with more than half of them from the continent of Africa. Tune in to hear how Ray Youssef goes from being a serial entrepreneur, to founding the Paxful network, to dismantling Financial Aparthied. Time Stamps 0:2:15: Introduction 0:0:09: Ray’s Journey with Bitcoin 0:7:31: Ray’s Experience with Regulators 0:10:10: Discussion on Financial Aparthied 0.16:08: Bitcoin vs Stablecoins and Opportunities in Africa 0:21:56: Sanctions Against Paxful 0:27:32: Paxful Fees and Volumes 0:28:10: Paxful Education Goals and Customer Support 0:35:07: Paxful's Affiliate Program 0:36:33: Paxful’s Expansion in 2021 0:41:46: Paxful in India 0.46:33: Paxful Daytraders 0:53:11: Managing Paxful on a Day to Day Basis 0.57:33: Ray’s Leadership Values 1:03:08: How to Engage with Paxul, Show Summary, Social Mentions Podcast Mentions  Hawala peer-to-peer system  Chaincode Labs residency  Paxful Affiliate Program India's crypto ban and subsequent lifting Social Media Links  Find Ray Youssef on:  Ray Youssef Twitter Ray Youssef Instagram Find Brad Mills and Magic Internet Money on:  Brad Mills Twitter Magic Internet Money Twitter Magic Internet Money FacebookMagic Internet Money Instagram

In this episode, Brad Mills, host of the Magic Money Internet Podcast, is joined by Ray Youssef, the founder of Paxful. The two discuss a range of topics during this episode such as Bitcoin, Africa, and the story of how Ray founded Paxful. Today, Paxful is a network with more than 5 million global users, with more than half of them from the continent of Africa. Tune in to hear how Ray Youssef goes from being a serial entrepreneur, to founding the Paxful network, to dismantling Financial Aparthied.Time Stamps0:2:15: Introduction0:0:09: Ray’s Journey with Bitcoin0:7:31: Ray’s Experience with Regulators0:10:10: Discussion on Financial Aparthied0.16:08: Bitcoin vs Stablecoins and Opportunities in Africa0:21:56: Sanctions Against Paxful0:27:32: Paxful Fees and Volumes0:28:10: Paxful Education Goals and Customer Support0:35:07: Paxful's Affiliate Program0:36:33: Paxful’s Expansion in 20210:41:46: Paxful in India0.46:33: Paxful Daytraders0:53:11: Managing Paxful on a Day to Day Basis0.57:33: Ray’s Leadership Values1:03:08: How to Engage with Paxul, Show Summary, Social Podcast MentionsHawala peer-to-peer system Chaincode Labs residency Paxful Affiliate ProgramIndia's crypto ban and subsequent liftingFind Ray Youssef on:Ray Youssef TwitterRay Youssef InstagramFind Brad Mills and Magic Internet Money on:Brad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram

Alex Gladstein is a Chief Strategy Officer at the Human Rights Foundation which is a registered charity that has been helping protect individual rights in authoritarian countries in the world since 2006. In this episode, we talk about bitcoin being the trojan horse that can supersede all fiat currency as well as helping overthrow corrupt, communist regimes.   Some of the topics we discuss in this podcast are: How can we affect real change in the world that helps human rights via financial technology? The Lucky Billion… Do entrepreneurs donate to human rights? The History of Satoshi Being Just as Important Presently as before. Bitcoin is a virus that destroys and replaces authoritarian economies. Don’t be a sheep. The most important things about bitcoin… Break out of Twitter. Where does brian get his sources of information? Bitcoin Can Be Completely Renewable? Chuck Norris vs Communism: https://www.imdb.com/title/tt2442080/ Manal Al-Sheriff: https://www.manal-alsharif.com/ The Little Bitcoin Book: https://www.amazon.co.uk/Little-Bitcoin-Book-Matters-Finances-ebook/dp/B07W957N7T   Brians Twitter: https://twitter.com/gladstein The Human Rights Foundation: https://hrf.org/ Produced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast TechOther Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of bitcoin & all cryptocurrencies by satoshi nakamoto.   Brad Mills is a partner at Xsquared Ventures. All opinions expressed by Brad & his guests do not reflect the opinions of Xsquared Ventures or Xsquared Ventures Management. Investing in cryptocurrencies is high risk and can get you rekt, do not treat any opinion expressed on this show as investment advice, but only as an expression of Brad’s opinion. This podcast is for informational purposes only. Do not attempt to HODL without doing your research first.

Alex Gladstein is a Chief Strategy Officer at the Human Rights Foundation which is a registered charity that has been helping protect individual rights in authoritarian countries in the world since 2006. In this episode, we talk about bitcoin being the trojan horse that can supersede all fiat currency as well as helping overthrow corrupt, communist regimes. Some of the topics we discuss in this podcast are:How can we affect real change in the world that helps human rights via financial technology?The Lucky Billion…Do entrepreneurs donate to human rights?The History of Satoshi Being Just as Important Presently as before.Bitcoin is a virus that destroys and replaces authoritarian economies.Don’t be a sheep.The most important things about bitcoin…Break out of Twitter.Where does brian get his sources of information?Bitcoin Can Be Completely Renewable?Chuck Norris vs Communism: https://www.imdb.com/title/tt2442080/Manal Al-Sheriff: https://www.manal-alsharif.com/The Little Bitcoin Book: https://www.amazon.co.uk/Little-Bitcoin-Book-Matters-Finances-ebook/dp/B07W957N7T Brians Twitter: https://twitter.com/gladsteinThe Human Rights Foundation: https://hrf.org/Produced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast TechOther Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of bitcoin & all cryptocurrencies by satoshi nakamoto. Brad Mills is a partner at Xsquared Ventures. All opinions expressed by Brad & his guests do not reflect the opinions of Xsquared Ventures or Xsquared Ventures Management. Investing in cryptocurrencies is high risk and can get you rekt, do not treat any opinion expressed on this show as investment advice, but only as an expression of Brad’s opinion. This podcast is for informational purposes only. Do not attempt to HODL without doing your research first.

Brad joins Brian Krogsgard, the host of Ledger Cast, for a co-hosted special episode and a wide ranging discussion about Bitcoin, money, central banks, and a bunch of other random stuff. Brian Krogsgard (@ledgerstatus on twitter) You can find Ledger Cast on iTunes, Spotify, Google Podcasts, Stitcher, YouTube and via RSS. Produced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast TechOther Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of bitcoin & all cryptocurrencies by satoshi nakamoto.   Brad Mills is a partner at Xsquared Ventures. All opinions expressed by Brad & his guests do not reflect the opinions of Xsquared Ventures or Xsquared Ventures Management. Investing in cryptocurrencies is high risk and can get you rekt, do not treat any opinion expressed on this show as investment advice, but only as an expression of Brad’s opinion. This podcast is for informational purposes only. Do not attempt to HODL without doing your research first.

Produced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast TechOther Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of bitcoin & all cryptocurrencies by satoshi nakamoto.

Thank you for tuning into the Magic Internet Money Podcast! I'm Brad Mills and this is the podcast where you can learn how to short the banks and bank on being your own bank!Today's episode is with the legendary Jameson Lopp! He's well known in the space as a great adversarial thinker, privacy advocate, defender of bitcoin and one hell of a model American. I hope you guys enjoy this podcast because I learned a thing or 2 from this episode. Enjoy!Jameson's goal is to spread knowledge of cryptosystems and liberating technologies. If you can offer an opportunity to reach a large audience, please use the low priority form. If you're seeking specific answers for your own understanding, please check the educational resources page on his website. More info on Jameson can be found here: Website: https://www.lopp.net/Twitter: https://twitter.com/loppCasa: https://keys.casa/ More info on Stratum: https://en.bitcoin.it/wiki/Stratum_mining_protocol Topics discussed:4:14 How has Casa been affected by the Covid lockdowns in 2020?12:52 Why Did Jameson Lopp Leave BitGo And How Did That Help Casa?29:20 Should we be worried about institutions changing bitcoin fundamentally?43:48 Brads Idea For Casa & The Future Of Finance54:15 The Ultimate Cold Storage and Bitcoin Security Using Casa1:08:17 How much will bitcoin be worth in the future?1:24:05 Will Bitcoin Scale?1:39:17Alt Coins vs Bitcoin, the final battle!Produced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast TechOther Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of bitcoin & all cryptocurrencies by satoshi nakamoto. Brad Mills is a partner at Xsquared Ventures. All opinions expressed by Brad & his guests do not reflect the opinions of Xsquared Ventures or Xsquared Ventures Management. Investing in cryptocurrencies is high risk and can get you rekt, do not treat any opinion expressed on this show as investment advice, but only as an expression of Brad’s opinion. This podcast is for informational purposes only. Do not attempt to HODL without doing your research first.

Thank you for tuning into the Magic Internet Money Podcast! I'm Brad Mills and this is the podcast where you can learn how to short the banks and bank on being your own bank! Today's episode is with the legendary Jameson Lopp! He's well known in the space as a great adversarial thinker, privacy advocate, defender of bitcoin and one hell of a model American. I hope you guys enjoy this podcast because I learned a thing or 2 from this episode. Enjoy! Jameson's goal is to spread knowledge of cryptosystems and liberating technologies. If you can offer an opportunity to reach a large audience, please use the low priority form. If you're seeking specific answers for your own understanding, please check the educational resources page on his website. More info on Jameson can be found here:   Website: https://www.lopp.net/ Twitter: https://twitter.com/lopp Casa: https://keys.casa/   More info on Stratum: https://en.bitcoin.it/wiki/Stratum_mining_protocol   Topics discussed: 4:14 How has Casa been affected by the Covid lockdowns in 2020? 12:52 Why Did  Jameson Lopp Leave BitGo And How Did That Help Casa? 29:20 Should we be worried about institutions changing bitcoin fundamentally? 43:48  Brads Idea For Casa & The Future Of Finance 54:15 The Ultimate Cold Storage and Bitcoin Security Using Casa 1:08:17 How much will bitcoin be worth in the future? 1:24:05 Will Bitcoin Scale? 1:39:17Alt Coins vs Bitcoin, the final battle! Produced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast TechOther Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of bitcoin & all cryptocurrencies by satoshi nakamoto.   Brad Mills is a partner at Xsquared Ventures. All opinions expressed by Brad & his guests do not reflect the opinions of Xsquared Ventures or Xsquared Ventures Management. Investing in cryptocurrencies is high risk and can get you rekt, do not treat any opinion expressed on this show as investment advice, but only as an expression of Brad’s opinion. This podcast is for informational purposes only. Do not attempt to HODL without doing your research first. 

Thanks for tuning into the podcast, my name is Brad mills and I'm the host of the Magic Internet Money Podcast.Today, my guest is Janine! She is a privacy advocate journalist and cypherpunk bitcoiner.The price has been going wild this last month, we're near all time highs and you've probably come to the show to learn about bitcoin and how to invest in bitcoin.You're probably hearing a little bit about it recently so this podcast will hopefully shed some light on the use cases and potential for bitcoin.I'm grateful to be able to learn from great thinkers like Janine with such insightful opinions.I hope you listen to her case for why bitcoin is important, not just as an investment but for privacy and human rights! Thanks for listening to another episode of Magic Internet Money.Janine’s Twitter: https://twitter.com/j9roem?lang=enProduced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast TechOther Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of bitcoin & all cryptocurrencies by satoshi nakamoto. Brad Mills is a partner at Xsquared Ventures. All opinions expressed by Brad & his guests do not reflect the opinions of Xsquared Ventures or Xsquared Ventures Management. Investing in cryptocurrencies is high risk and can get you rekt, do not treat any opinion expressed on this show as investment advice, but only as an expression of Brad’s opinion. This podcast is for informational purposes only. Do not attempt to HODL without doing your research first. Chapters:2:00 Who Is Janine?13:14 Janine’s Distrust For Banks Before Bitcoin Was Even Invented20:28 Coinbase Acquisition of a Hacking Team Story37:48 Janine’s recommended exchanges that are pro privacy55:43 That Biggest and Best Argument for keeping your identity private

Thanks for tuning into the podcast, my name is Brad mills and I'm the host of the Magic Internet Money Podcast. Today, my guest is Janine! She is a privacy advocate journalist and cypherpunk bitcoiner. The price has been going wild this last month, we're near all time highs and you've probably come to the show to learn about bitcoin and how to invest in bitcoin. You're probably hearing a little bit about it recently so this podcast will hopefully shed some light on the use cases and potential for bitcoin. I'm grateful to be able to learn from great thinkers like Janine with such insightful opinions. I hope you listen to her case for why bitcoin is important, not just as an investment but for privacy and human rights! Thanks for listening to another episode of Magic Internet Money. Janine’s Twitter: https://twitter.com/j9roem?lang=en Produced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast TechOther Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of bitcoin & all cryptocurrencies by satoshi nakamoto.   Brad Mills is a partner at Xsquared Ventures. All opinions expressed by Brad & his guests do not reflect the opinions of Xsquared Ventures or Xsquared Ventures Management. Investing in cryptocurrencies is high risk and can get you rekt, do not treat any opinion expressed on this show as investment advice, but only as an expression of Brad’s opinion. This podcast is for informational purposes only. Do not attempt to HODL without doing your research first.    Chapters: 2:00 Who Is Janine? 13:14 Janine’s Distrust For Banks Before Bitcoin Was Even Invented 20:28 Coinbase Acquisition of a Hacking Team Story 37:48 Janine’s recommended exchanges that are pro privacy 55:43 That Biggest and Best Argument for keeping your identity private