Today, we welcome Matt Smith back to the show to share some parenting advice for this new world, what his thoughts are on bitcoin going to $500K, how to remain optimistic in pessimistic times, and what he has seen in his journeys across America this year.
What Matt and I Discuss:
- The most shocking things Matt has seen on his travels and heard in his conversations.
- Optimism vs. Pessimism
- Real Estate and the different markets, bubbles, taxes, and how infrastructure bills play into it all.
- Matt’s current must attend events and must talk to individuals.
The Future of Bitcoin
- How does one get started in the world of Cryptocurrencies? Should you only focus on Bitcoin or are their other cryptos on the rise?
- What are some of the threats to Bitcoin?
- How you can use coins to generate yield?
Want to hear some free alpha? There is a strategy that has been dubbed “fiat mining” by the bitcoin world, which will become quite popular too.
Here is how it works:
- Convert your legacy dollars into USDC or other stablecoin.
- Deposit your stablecoins into BlockFi.
- Select to receive your interest payments in bitcoin, rather than USDC.
You are now earning interest on your cash, but denominated in bitcoin. You take none of the price risk of bitcoin and can still acquire more bitcoin.
The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to function.F. Scott Fitzgerald