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The $1M Bitcoin Bet with Balaji Srinivasan and Alex Gladstein (WiM289)
The "What is Money?" Show

The $1M Bitcoin Bet with Balaji Srinivasan and Alex Gladstein (WiM289)

Mar 21 2023 • 1hr 20m

Show Notes

In this episode, we discuss getting ready for the biggest fiat bubble, FED’s slow transition to CBDCs, Bitcoin as the world's reserve currency, and how the bankers lied, just as in 2008.Balaji Srinivasan is an angel investor, tech founder, formerly the CTO of Coinbase, and author of The Network State. Alex Gladstein is the Chief Strategy Officer at the Human Rights Foundation.// GUESTS // Balaji's Twitter: https://twitter.com/balajisAlex Twitter: https://twitter.com/gladstein// SPONSORS // In Wolf's Clothing: https://wolfnyc.com/iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/Ledn: https://www.ledn.io/CrowdHealth: https://www.joincrowdhealth.com/breedloveWasabi Wallet: https://wasabiwallet.io/Join Me At Bitcoin 2023 in Miami (use discount code BREEDLOVE): https://b.tc/conference/Casa (use discount code BREEDLOVE): https://keys.casa/Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/ Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.comCarnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/// OUTLINE // 00:00:00 - Coming up00:01:00 - Intro 00:02:34 - Helping Lightning Startups with In Wolf's Clothing00:03:21 - $1,000,000 Bitcoin Bet00:05:17 - Fears Behind the Biggest Monetary Transition00:08:45 - “Just as in 2008, the Bankers Lied”00:18:31 - Why Everyone is a Bitcoin Maximalist00:20:45 - Monetizing the Debt in the Messiest Way Possible00:23:00 - FED’s Slow Transition to CBDCs00:28:49 - Secure Your Bitcoin Stash with The iCoin Hardware Wallet 00:29:46 - Do More with Your Digital Assets with Ledn 00:30:30 - Operation Choke Point 2.000:33:01 - Preparing for the Global South Type of Recession00:36:44 - How the U.S. 'Exports Inflation' Through Dollar00:37:47 - Optimization Strategy for Screwing People Over 00:40:37 - The Difference Between the 2008 Crisis and Now00:45:27 - Are We Approaching the Biggest Fiat Bubble?00:49:51 - Getting Ready for the Crisis00:51:53 - Take Control of Your Healthcare with CrowdHealth 00:52:55 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 00:53:30 - A Chance To Win Discounted Tickets to The Bitcoin 2023 Conference and 10M SATS 00:54:24 - Hold Bitcoin in the Most Secure Custody Model with Casa 00:55:13 - The Digital Pearl Harbour of all Dollar Holders00:59:26 - What to Do in 202301:01:44 - Bitcoin as the Schelling Point01:07:01 - Gold Seizure by Governments01:13:28 - God, State, and Network01:15:17 - Bitcoin Friendly Jurisdictions01:17:24 - Actions Speak Louder Than Words // PODCAST //Podcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast...Spotify: https://open.spotify.com/show/25LPvm8...RSS Feed: https://feeds.simplecast.com/MLdpYXYI// SUPPORT THIS CHANNEL // Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://account.venmo.com/u/Robert-Breedlove-2The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101// WRITTEN WORK // Medium: https://breedlove22.medium.com/ Substack: https://breedlove22.substack.com/ // SOCIAL // Breedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22All My Current Work: https://vida.page/breedlove22
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@emcot3d
1,144 sats
Mar 26 2023
Thanks for ringing the fire alarm, Balaji. We need other voices- mainstream voices- to do the same.
@northofthewall
Apr 5 2023
Balaji is the former CTO of Coinbase and one of the main architects behind USDC. He’a a fiat and crypto-bro, in addition to a VC in almost every shitcoin and “crypto” project (according to himself in 2021)
@hansa1
500 sats
Mar 21 2023
interesting
@cwilbzz
200 sats
Mar 22 2023
balaji really waking up. very interesting to hear.
@northofthewall
Apr 5 2023
Balaji is the former CTO of Coinbase and one of the main architects behind USDC. He’a a fiat and crypto-bro, in addition to a VC in almost every shitcoin and “crypto” project (according to himself in 2021)
@ghostofwhitman
100 sats
Mar 26 2023
bankers are crooks.