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Blockware Podcast

Can Bitcoin ACTUALLY replace the Fiat System? w/ Mark Yusko

21 Oct 2023

Description

Mitch Askew interviews Mark Yusko, Co-Founder, CEO, & CIO of Morgan Creek Capital. Mitch & Mark go back and forth on several hot topics related to Bitcoin. Is it widely distributed enough? Do altcoins serve any purpose? Can Bitcoin emerge as a replacement to the fiat system? If you enjoy this conversation, make sure to like and subscribe. It really helps out the channel! ----Blockware Solutions---- ⛏️Start mining Bitcoin today with the Blockware Marketplace: https://marketplace.blockwaresolutions.com/marketplace How to use the Blockware Marketplace: https://x.com/BlockwareTeam/status/1712154851877016035?s=20 ----Stamp Seed---- Upgrade your security by hammering your Bitcoin seed phrase into titanium plates using Stampseed. Use Coupon Code "BLOCKWARE15" for 15% off sitewide. https://stampseed.com/?mtm_campaign=blockware ----SVRN Energy---- SVRN is more than a premium energy drink! It's your gateway to vitality and a future where every sip brings prosperity on your journey to sovereignty. Each can has a hidden QR code that could contain up to 1,000,000 sats! Use Code "BLOCKWARE" for 10% off. https://svrnenergy.com/?v=f24485ae434a ----Follow us on Twitter---- Mitch: https://twitter.com/MitchellHODL Blockware: https://twitter.com/BlockwareTeam Guest: https://twitter.com/MarkYusko 00:00 Intro 00:39 Blockware Marketplace 01:29 Stampseed 02:00 SVRN Energy (Bitcoin Energy Drink) 03:00 Did Bitcoin fail as a peer to peer payment network? 10:49 Bitcoin as savings vs spending 13:00 Fiat money, inflation, debt, cronyism 18:31 Bitcoin vs Crypto 26:03 Does Bitcoin have a distribution problem? 30:02 Bitcoin Gold Market Cap Equivalence 34:52 Will Bitcoin replace the dollar system? 36:06 CBDCs as a tool of tyranny 42:13 Would US states reject a Federal CBDC? 44:20 Time horizons for Bitcoin adoption 46:05 Bitcoin self-custody, $5 wrench attacks 50:28 Spot Bitcoin ETF, Cointelegraph fakeout 1:01:12 Inflation is oppression 1:09:10 Get off zero 1:11:34 The US can’t afford a war 1:13:03 Human systems devolving into corruption

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