Never Too Late To Bitcoin

Jimmy Voyer - A Journey of Discovering Sound Money from Bitcoin to Gold and back to Bitcoin

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 Join host Kathleen Jobin and guest, Jimmy Voyer, Bitcoin and gold investor on this week’s episode of Never Too Late To Bitcoin. Hear all about why Jimmy Voyer invested in both gold and bitcoin at the same time. Also, join the discussion on how financial history can hold the key to what the future will look like and weather you should trust exchanges holding large numbers of Bitcoins. 

KEY TAKEAWAYS

  • Jimmy believes that we need to look at the history of money and observe the shifts in empires. By looking at this you see that when the gold reserves depleted, then the empire fell. So, to keep our current empire going we need a sustainable source of currency. 
  • Jimmy realized the fiat financial system is a total scam and we needed an exit from that scam and so gold and Bitcoin were the answer.
  • Jimmy started buying Bitcoin just before the 2017 bull run but kept accumulating since the time it was $1,500. Along with Bitcoin, he discovered Bitcoin so he diversified with Gold trusting its 5,000 year history. He has since come around to think that Bitcoin is much safer than he originally thought and sold his gold. 
  • Jimmy actually invested in gold at the same time he invested in Bitcoin. Originally, he wasn’t sure about the safety of Bitcoin and saw gold as another safe investment that’s been around for over 5000 years. 
  • With Bitcoin you need to own your key. Jimmy would never trust a third party with his Bitcoin.
  • When people say "Gold has intrinsic value", it is unimportant because it doesn't matter whether money has intrinsic value because the main goal of money is to exchange and store value for use in future. So if Bitcoin will eat up Gold's monetary premium, your electronics get better and better.

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    BEST MOMENTS

    ‘Don’t be in a honeypot, own your own keys’ 

    'Be responsible for your own money. Don't let others decide that for you'

    ‘Bitcoin is the fastest growing money network in history’

    'Money is a way to barter with something that lasts through time'

    'Privacy and hidden are synonyms but they are not'

     

    EPISODE RESOURCES

    Guest’s socials https://www.facebook.com/jimmy.voyer.1

    Jonathan Hamel - https://academiebitcoin.com/index.php/jonathan-hamel/

    Andreas M. Antonopoulos - https://aantonop.com/

    Gold debate between Saifedean and Peter Schiff - Saifedean Ammous vs Peter Schiff on Sound Banking, Gold & Bitcoin

    Gold debate between Michael Saylor and Frank Giustra - Bitcoin vs Gold: The Great Debate with Michael Saylor and Frank Giustra

    NVK - Bitcoiner who owns Bitcoin hardware company, Coldcard - @nvk

    El Salvador Becomes First Country To Make Bitcoin Legal Tender - https://www.nasdaq.com/articles/el-salvador-becomes-first-country-to-make-bitcoin-legal-tender-2021-06-14

    Guest suggest these sites as learning tools:

    Stansberry Research Michael Saylor and Frank Giustra : Bitcoin vs Gold: The Great Debate with Michael Saylor and Frank Giustra

    MicroStrategy Bitcoin Strategy Risk-adjusted returns of currencies, indexes, metals, stocks, & bonds vs BTC. https://www.microstrategy.com/en/hyperintelligence/asset-vs-btc

     

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    Never Too Late To BitcoinBy Kathleen Jobin