We discuss the recent crypto crash, a rant on Tether and Bitcoin enthusiasts, Elon's cult status, beginner investment advice and thirsty comments on TikTok.
0:00 Intro
0:56 What makes a podcast good?
3:47 The latest crypto crash
4:20 The beginning of the end of Bitcoin
5:20 3 major weaknesses of Bitcoin
5:50 Tether and its dangerous relationship to Bitcoin
12:30 Bitcoin being falsely propped up by Tether
14:30 Crypto-influencers, Anthony Pompliano, Michael Saylor
17:55 FOMO buying
19:43 Resistance and support lines are meaningless?
23:40 The difference between Gamestop and Crypto
24:42 Bitcoin’s questionable value to society
29:00 Potential applications of crypto and payment technologies
30:35 Bitcoin price target by Xmas 2021
31:25 China’s reasons for lockdown on crypto
34:06 Bitcoin mining is transferring America’s wealth to China
42:05 How to start investing?
45:45 Why Coinbase is a bad buy and what makes a strong stock choice
48:45 Airbnb outlook?
55:50 TikTok hustle
57:40 Dunkey vs JCole