Sound Money: Crypto Testimonials and Influential Conversations on Bitcoin
As the world around us begins to bloom (or at least defrost), this time of year is perfect for taking a moment to reflect on the first quarter and unwind—while learning and absorbing all the changes this budding season brings.
Today we would love to highlight three YouTube videos that we enjoyed watching recently and would recommend to anyone learning about Bitcoin, from novice to seasoned Bitcoiner.
We’ll link to the videos and also include some quotes to give you an idea of what you might take away from each.
Some of these videos are a bit older, but all were recorded within the last year and talking points remain relevant.
The B Word | Live with Cathie Wood, Jack Dorsey, & Elon Musk
This is a fantastic session with three of the biggest names in the blockchain space. Known for their business acumen and crypto bullishness, Jack Dorsey, Elon Musk and Cathie Wood are interviewed by moderator Steve Lee around their stance on Bitcoin and how they see it being embraced by companies and nations around the world.
The “Bitcoin as a Tool for Economic Empowerment” live panel is about a year old (July 2021), but that’s precisely why we enjoyed listening to it; it’s great to look back and think about what these visionaries (and Bitcoin) are up to now, against the backdrop of their earlier POVs. While collectively their interest has been spread across various crypto projects, these influencers’ principal support of Bitcoin has held strong. The discussion focuses on institutional adoption of the cryptocurrency.
JACK DORSEY:
“I didn’t touch [Bitcoin] until 2008 when we started Square [Block]…but we encountered this crazy predatory system that was slow, that was obtuse…In 2009, you [could] see a chance to replace the whole foundation.
And everything that Elon was talking about in terms of ACH and the credit card networks…they have scaled, but they just are not relevant to today—and they’re certainly not relevant to the future, especially when you consider the entire world and countries like Nigeria or Ghana or India—and its interconnection with countries like the United States and Canada and all over Europe.
What really drove my thinking and drives my passion around it is: if the internet gets a chance to get a native currency, what would that be in? And to me it’s Bitcoin. Because of those principles, because of that creation story, because of its resilience…
What inspires me most is the community driving it, it reminds me of the early internet. It’s the only reason I have a career.”
That makes two of us, Jack.
Bitcoin Risk Assessment with Lyn Alden
Lyn Alden is an engineer, macroeconomist and financial writer who consistently delivers some of the strongest, most well-supported insights in the Bitcoin space. A quick web search for Alden or her company, Lyn Alden Investment Strategy, will lead you down several valuable crypto rabbit holes: insightful articles, a must-read newsletter, Lyn’s graceful social and on-stage presence, and her inspiring success story.
Every interview with Lyn is worth the watch, but this chat with Peter McCormack particularly piqued our interest:
LYN ALDEN:
“I was cautious of Bitcoin. I basically explained in 2017 why I’m not buying it, and then I kept monitoring it—and then in 2020 when I bought it, that had some weight to it for people that were following my work because they know that I… saw information that changed my view on it. It wasn’t bearish before but it was kind of neutral; I wasn’t convicted enough…
Everyone should try to be objective at least; we all have human biases, but we should try to identify those.”
—
“If you’re on the titanic and you think you’re unsinkable, you’re more likely to hit an iceberg…If you’re on the titanic, you still want to be looking out for icebergs.”
Bitcoin 2022 Conference – MAIN LIVESTREAM – General Admission Day 1
Did you make it to Miami?? Whether you were able to join in on the crypto fun or not, it’s always nice to catch up on some of the important headliners via Bitcoin Magazine’s recordings posted to YouTube.
Michael Saylor, Peter Thiel, and Jack Mallers hit up the Bitcoin conference and let us know they’re still bullish on the #1 digital currency:
MICHAEL SAYLOR:
“I don’t think there is any outcome other than favorable for Bitcoin.”
—
“Everything that we’re seeing in the last twelve months— inflation, war in Ukraine, Russian sanctions, the Canadian trucker crisis, CPI, unexpected PPI, and anxiety about how to manage a portfolio—all of these things have been bullish for Bitcoin.
…Although they’re unfortunate and unpleasant for the world, they have underscored to every mainstream objective observer the use case for a global non-sovereign store of value crypto asset like Bitcoin in a way that none of Michael Saylor’s talking ever would.”
Saylor also makes a few comments on anxiety around regulation and the recent U.S. executive order on crypto, suggesting the administration has given a “greenlight” to Bitcoin. Cathie Woods points out—crucially—some cautious notes on CBDCs, though generally agreeing with Saylor on the hopeful momentum we’re now seeing in this bipartisan space.
We hope you enjoy watching some of this content and exploring YouTube for more on crypto’s most exciting and promising innovations. As spring unfolds, add some leisure to your routine—while learning all that you can about Bitcoin.