In this video I enlist the help of Anthony Pompliano (aka Pomp) to help me think through some of the long-term concerns and risks I see for Bitcoin.

Pomp on Twitter: https://twitter.com/APompliano

The Investment Case For Bitcoin by Pomp, https://pomp.substack.com/p/the-investment-case-for-bitcoin

0:18 - Intro

0:37 - Start of Interview

0:56 - Background of my Bitcoin thoughts

1:45 - Short-term appeal of Bitcoin

2:28 - Government overreach and personal liberties

3:57 - Government crackdown on Bitcoin and Crypto

4:48 - Elimination of cash, loaded with government debt, need to raise taxes

6:16 - Where Bitcoin is today

6:55 - Bitcoin as transparent ledger

9:17 - Bitcoin taxed

10:00 - U.S. backed digital USD, every currency will be digitized

11:15 - Global game theory and accessibility

13:00 - Digital wall adoption

13:50 - Flow of capital from soft to hard currencies

15:34 - Why U.S. won’t ban Bitcoin

18:00 - Bitcoin wallet holders identities

19:20 - Why governments can enforce a ban of Bitcoin if poses existential threat

21:15 - If government requires reporting of assets

22:30 - The more success Bitcoin has, the more motivation government has to ban it

24:18 - Government already taxing Bitcoin transactions

26:00 - Bitcoin bulls in government

27:55 - Bitcoin held by millions of people

28:38 - U.S. dollar will fail, Bitcoin as Internet currency

33:22 - Reasons on how governments can ban Bitcoin

36:40 - Survival of governments at stake

37:15 - Why Bitcoin won’t become global reserve currency

40:50 - Federal Reserve’s role in devaluing money, inflation

44:45 - Bitcoin as deflationary monetary system

47:40 - Bitcoin not pegged to actual people’s income/revenue

49:13 - Bitcoin pegged to commodity of computing power53:50 - Value of computing power based on resulting products and services

56:00 - Bitcoin compared to centralized digital ledger

58:28 - Decentralized financial system even trading stocks

59:55 - Bitcoin lack of intrinsic value 10-20 years out

1:03:10 - Probabilities of Bitcoin becoming global reserve currency

1:05:22 - Store of Value: comparing Bitcoin vs real estate

1:11:40 - Thinking in probabilities

1:12:45 - Store of value argument for Bitcoin lacks stability

1:18:10 - Can Bitcoin save the world

1:21:05 - Concluding thoughts

Social