Why Bitcoin Wins with Gary Vee & Robert Breedlove
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Location: Remotely
Date: Saturday 16th January
Company: VaynerX & Parallax Digital
Role: CEO & Founder
Hyperbitcoinisation is the state at which Bitcoin becomes the world's dominant form of money and thus the base asset for the entire financial system.
On the road to hyperbitcoinisation, there will be a tipping point where governments willingly or unwillingly seed power and move over to a bitcoin-based system. For many Bitcoiners, hyperbitcoinisation is inevitable. However, the path to a hyperbitcoinisation society is unclear and likely difficult.
In this interview, I talk to entrepreneur, author & speaker Gary Vaynerchuk and founder of Parallax Digital, Robert Breedlove. We discuss the government response to Bitcoin and the road to hyperbitcoinisation.
00:04:33: Introductions
00:05:25: The state vs Bitcoin
00:12:53: "The Sovereign Individual"
00:14:18: When government weapons come into play
00:16:34: Institutions losing their monopoly
00:19:17: Humans can't be underestimated
00:21:48: The commerce implications
00:23:05: Bitcoiners' blind spots
00:25:54: The fall of the Soviet Union
00:28:18: The fall of Rome
00:28:40: Comparing Bitcoin to the internet phenomenon
00:36:46: Struggling to see the end of the state
00:38:31: Robert Breedlove, male model!
00:39:11: States will buy Bitcoin as an insurance policy
00:41:55: Bitcoin becoming simply a currency
00:43:47: Another crypto currency to rival Bitcoin?
00:48:44: The impact of regulations
00:56:49: The incentives to collude
00:59:47: The community's responsible to make Bitcoin viable
01:03:03: The importance of the 21 million
01:09:11: "The Fourth Turning"
01:09:54: Sitting on the biggest holdings…
01:13:34: Ethereum and the others
01:15:00: Far future listeners of this podcast!
01:16:40: Humanity decides
01:21:07: Final comments
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Other relevant WBD podcasts:
WBD279: The Institutional Case for Bitcoin with Dan Morehead and Mike Novogratz
WBD265: What is Bitcoin? With Parker Lewis, Robert Breedlove & Vijay Boyapati
WBD257: Bitcoin Has Entered Phase 5 with PlanB, Jeff Booth & Preston Pysh
WBD225: Bitcoin is the Answer with Cameron & Tyler Winklevoss
WBD161: Nik Bhatia on Why Bitcoin is a Response to Central Banks
WBD082: Andreas M. Antonopoulos Podcast Interview - What Happens When Bitcoin Takes Over