Debt Crisis & Bitcoin: Insights from Jesse Myers

40 Comments

1. 📌 Check out this video next: https://youtu.be/HGAMuaQ1LZg

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2. How can I make more profitable investment in crypto without incurring most losses?

3. We can escape the debt spiral, but it would require taxing the rich. Which will never happen because Congress is too corrupt and captured. Yellen admitted $7 Trillion a year is going uncollected from the rich. They are going to bleed the middle class until there are riots instead of taxing the wealthy.

4. Good work fellas

5. I wonder how long btc is going to stay under $35k… I'll guess here… till 2026.
   Do you guys remember the predictions like it was already supposed to be over 100k by now?

   Fiat is failing but btc isn't necessarily the majorities 1st choice of storing value.

6. Silver lining of not actually buying 80,000 BTC in 2021 and not driving price up is that I stacked more SATs than I would have if price was greater than $100,000 per BTC. Low Time Preference mindset wins again!

7. So it was FTXs fault btc isn't at $100k?

8. Algo-bump!

9. How many halving events has happened since 2020?

10. World war reset on the menu.
    All long term debt cycles end the same way.

11. U.S. over last 30 days has added 566.7 BILLION to the national debt…financial end is near…WHY ?
    United States took 205 years to hit first 1 TRILLION of national debt from July 4th 1776 to October 22nd 1981.

12. I have always hated the ubi idea. But if AI does what it looks like it is going to do we just might have to do it.

13. So a bitcoin in a wallet can be lost if sent to a bad address or if the keys are gone. So can a gold bar be lost in such a way forever??? Comparison please!!

14. Jesse is a great thinker.

15. They balance the debt by selling our citizenship and national lands.

16. The past isn't always a good indicator of what will happen next, we may still see a reversal and start up a bearish move or experience a further uptrend in price. I'll say we should prep for any scenario that happens to play out because to be frank the charts won’t guarantee what an asset is going to do. Rather than clutching to the idea of holding and waiting for a pump, why not start trading with a reliable scheme from a pro trader? I have made over 12.7 BTC already since April till now and still trading to accumulate more, not from buying the dip alone but implementing trades with signals and insights provided from a pro trader Francine Duguay.

17. Thank you SBF, my Bitcoin cost way to much. If I bought cheaper bitcoin, thanks again

18. His first interview with Preston when he went by Croesus is my favorite episode

19. Who gets your money when you buy Bitcoin ?

20. Don’t usually listen to Preston because he talks too much. Let the guest talk or don’t have guests

21. I think a good indicator of whether we passed the "event horizon" is when congress suddenly stops having these budget and government shutdown drama. When the elites become united, that's when you know things are bad.

22. US debt is now up to $1.2B an hour.

23. Stay humble – Stack sats

24. As a hardcore bitcoiner – I’m with these guys 100%. I will not stop buying after the halving even if the price runs massively. Bitcoin is Bitcoin – everything else is sub-optimal! Thanks for a great discussion guys!

25. thanks FTX for the cheap sats

26. Blackrock ETF may at some point offer liquidity on L2 and split the income with shareholders

27. such a good talk

28. I totaly disagree, the amount of money needed to pump bitcoin past $100k would require way too much. the fact there is more small holders means its less likley to pump. As price is easier to be manipulated higher when small pool ownes majroity of tokens, as they can synchronise manipulation. just like 60% of doge was held by 4 people and how much that pumped. its counter intuitive. like in highsight, how 4 addresses pumped bitcoin from 5k to 20k in 2018.

29. the fact ftx tried to supress btc price is an exchange/whalte related reason. exhanges and whales will always manipulate price for whatever reason. its just made aware, where as every other occasion the company didnt implode like ftx did. there is no coil, i think its par for the course

30. Electricity is NOT abundant all over the planet. Not sure which planet you mean, exactly….?

31. Preston!!!! my go to podcast. I headed to the chasing pack by a country mile.

32. Jesse on fire and Preston too, as always.

33. Talk to prof. John Vervaeke on questions of artificial intelligence.

34. Preston you’re too big of a channel not to have time stamps on your videos. Love what you’re doing!
    PLEASE

35. The halving is priced in already??

36. Agree on bitcoin. Disagree on altcoins. But no surprises there.

37. One of the best interviews I have heard on the subject. Bravo!

38. Isn’t there country/government risk in have 3 institutions holding your keys. What if Uncle Sam subpoenaed all 3 institutions for your private keys?

39. Money isn't much good if there is no velocity and use.

40. I have a solid question sir…. If they have added so many trillions since the debt ceiling was lifted…. Why is it not visible on the M2 chart

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