Bitcoin Good, Altcoins Bad, DeFi Debate with Ameer Rosic

Q: How long is this episode of Magic Internet Money?

This episode is 1 hour and 36 minutes long.

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This episode was published on February 21, 2020.

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from Magic Internet Money · host Keegan Francis

bitconnect theme by schmoyoho, edit by Jason Sanderson, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of bitcoin & all cryptocurrencies by satoshi nakamoto.https://twitter.com/bradmillscan—Ameer Rosic is the host of the Ameer Approved podcast, as well as the founder of Blockgeeks. I appeared as a guest on his show a couple of months ago, this is a crosspost! Hope you enjoy.https://twitter.com/AmeerRosichttps://blockgeeks.com/Ameer is a serial entrepreneur, educator and angel investor. Show notes:Brad’s summary of the alt market & ICO’s vs bitcoinThe regulators haven’t really overstepped yetEOS and whether it’s a securityThe economic principles on tokens and why they tankTokens vs StocksAmeer’s issue with tokensThe stock market and early investors lawIs bitcoin really digital gold?People search for bitcoin(and libra)Meme narrative vs science narrativeDAI in latin americaBitcoin vs DAITrying to earn interest on traditional assets vs just hodling bitcoinETH vs Bitcoin with investingCompetitive projects in 2020SEO keywords organicallyBig projects are way too complicated for the average personMainstream adoption difficultiesMining, hashpower and priceInvestors won't leave bitcoinBitcoin to 1 million vs bitcoin to 0Are we in a capitalist or socialist society?If you squeeze a country, everyone will leaveHow does this economic situation play out?The US Navy vs Chinese defence geniusPrinting money to lower debt by increasing debtHow to survive in an economic collapse--Brad Mills is a partner at Xsquared Ventures. All opinions expressed by Brad & his guests do not reflect the opinions of Xsquared Ventures or Xsquared Ventures Management. Investing in cryptocurrencies is high risk and can get you rekt, do not treat any opinion expressed on this show as investment advice, but only as an expression of Brad’s opinion. This podcast is for informational purposes only. Do not attempt to HODL without doing your research first.

What this episode covers

Udi Wertheimer is a skeptic on most blockchain tokens. False marketing annoys him, he thinks Ethereum is fundamentally a bad investment, and the new DeFi movement is not decentralized at all. Show Notes: Living through the silliness of the 2017 crypto bubble How Udi thinks about the space then vs now Ethereum’s problems, comparing ETH then vs now DeFi is mostly centralized, comparing Tether to MakerDAO & Bitmex liquidations What if DAI was built on Bitcoin What is Liquid, why couldn’t ETH be built as a Bitcoin Sidechain Decentralization of sidechains vs native blockchains Chances of heavy regulation on ETH projects What would have to change to make Udi bullish on ETH Brad’s thesis on Cryptocurrencies in general The average investor has gambling tendencies mass adoption discussion, Paypal vs Bitcoin UX Macro discussion. Green new currency and modern monetary theory What it’s like living in Israel What Udi did before Bitcoin Politics discussion, Trump’s impact. Fairness in crypto - BTC is not equally distributed but that’s normal Risks involved in mixing Bitcoin Whitelisting bitcoin, blacklisting bitcoin and how that can void anonymity Udi’s advice to noobs Gambling with Altcoins and managing risk Will Udi join the Tron army? ETH predictions Reckless Review Podcast Twitter Find Udi’s Telegram Channels here: VR Bitcoin Meetup Group - Learn From & Network With Bitcoiners VR Udi’s Pro-Ethereum Alerts Check out Udi’s TedTalk ---- Produced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast Tech Other Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of bitcoin & all cryptocurrencies by satoshi nakamoto. --- Brad Mills is a partner at Xsquared Ventures. All opinions expressed by Brad & his guests do not reflect the opinions of Xsquared Ventures or Xsquared Ventures Management. Investing in cryptocurrencies is high risk and can get you rekt, do not treat any opinion expressed on this show as investment advice, but only as an expression of Brad’s opinion. This podcast is for informational purposes only. Do not attempt to HODL without doing your research first.

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