008. Greg Foss - It’s Just Math

Recorded 6/15/21 Bitcoin price at the time ~$40,500 Greg Foss traded credit for more than 30 years and has been all-in on Bitcoin for the last 5. He has a tremendous wealth of knowledge across multiple topics and I did my best to explore them all! Where to find Greg: @FossGregFoss (https://twitter.com/FossGregfoss) Why Every Fixed Income Investor Needs To Consider Bitcoin As Portfolio Insurance - Greg Foss (https://rockstarinnercircle.com/wp-content/uploads/2021/04/Why-Every-Fixed-Income-Investor-Needs-To-Consider-Bitcoin-As-Portfolio-Insurance.pdf) 3iQ (https://3iq.ca/) 1:45 - Greg’s background 7:30 - Why Bitcoin excites him 11:30 - How Canada escaped insolvency 18:00 - 2008 financial crises 27:00 - Bitcoin ETF 33:00 - The current Bitcoin price is the best risk-adjusted trade of our lifetime 34:30 - Bitcoin’s energy usage and how it can help the power grid 50:30 - How Bitcoin’s energy consumption and how it will push society forward 53:00 - More countries and leaders exploring the possibilities of Bitcoin 57:30 - Bitcoin and Canada’s economy 1:02:00 - The petrodollar and its implications 1:07:20 - What happens if nations default 1:16:30 - Money printing and the effects on an economy Resources mentioned: Bitcoin white paper (https://bitcoin.org/bitcoin.pdf) Swan Bitcoin (swanbitcoin.com/e3) Cash App (https://cash.app/app/KWJSDQR) Strike (https://invite.strike.me/21XVVW) Hope.com The Rant - Jim Cramer (https://www.cnbc.com/video/2017/08/03/watch-the-full-rant-cramers-they-know-nothing.html) Bitcoin Beach (https://smartpeopleshit.buzzsprout.com/1758058/8396636-mike-peterson-bitcoin-beach-banking-the-unbanked) Bitcoin Lake (https://twitter.com/petermccormack/status/1395536503707770881) The Hidden Cost of the Petrodollar System - Alex Gladstein (https://bitcoinmagazine.com/culture/the-hidden-costs-of-the-petrodollar)