I discuss Bitcoin vs Fiat, Gold 2.0, Elon Musk & Tesla, what is money, and more with Robert Breedlove, freedom maximalist, and founder/CEO of Parallax Digital.

https://www.youtube.com/c/RobertBreedlove22/
Robert Breedlove on Twitter: https://twitter.com/breedlove22/
Other links: https://linktr.ee/breedlove22

Timestamps:
0:00 Intro
00:54 - Parallax Digital
2:05 - Tesla Investing Into BTC
5:44 - How Elon went from skeptical to purchasing BTC
10:45 - How Robert got into BTC
19:46 - Why compare BTC to gold?
28:40 - Is Gold still relevant?
29:40 - Money as the most tradeable asset
43:30 - If fiat persists, is gold still valuable?
51:55 - Collapse of fiat system?
1:03:25 - How does BTC bankrupting fiat work?
1:08:50 - Do nation states fight back against BTC?
1:12:37 - Dystopia possibility
1:17:48 - Is BTC an asset or money?
1:21:21 - BTC's lack of liquidity
1:26:18 - Lightning network vs defi
1:28:45 - Can another blockchain provide store of value?
1:32:25 - Can BTC be stopped?
1:34:40 - Risk of other crypto developing proof of work
1:37:50 - Is BTC a risky asset?
1:40:00 - Tracking BTC demand
1:46:00 - What is money?
1:51:58 - Conclusion

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💁🏻‍♂️ Disclaimer: All content on this channel is for discussion and illustrative purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Should you need such advice, consult a licensed financial or tax advisor. All views expressed are personal opinion as of date of recording and are subject to change without responsibility to update views. No guarantee is given regarding the accuracy of information on this channel. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Author is long TSLA, LMND, SQ, and other stocks at time of original video publish date.

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Check out my archived articles/posts on Tesla and investing: https://teslamotorsclub.com/tmc/threads/articles-megaposts-by-davet.23473/#post-485768

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