Dollar Auction Show

Episode SummaryAlex and Shimon dive into a wide-ranging discussion covering U.S. foreign policy, Iran, China, Taiwan, military power, historical governance systems, nominal GDP, investing, AI infrastructure, and the future of markets. The episode blends geopolitical analysis with macroeconomics and long-term technological optimism.Show Notes00:08 — Opening RemarksAlex and Shimon introduce the episode and discuss the rainy weather in Washington, D.C. before jumping directly into global geopolitics.00:29 — Trump, China, and the Iran ConflictAlex opens with criticism of Trump’s recent China trip and broader handling of the Iran situation. He argues the administration returned from China with little substance despite bringing major CEOs along.Key topics:Whether the China trip produced meaningful outcomesConcerns about U.S. credibility regarding IranPublic threats versus actual military actionThe political pressure of U.S. midterms02:33 — Iran Strategy and CredibilityAlex argues repeated military threats without follow-through weaken deterrence. He expresses concern that Iran’s leadership may not respond to traditional pressure because of ideological fanaticism.Discussion points:The IRGC and religious extremismWhy deterrence may not work traditionallyRisks of appearing indecisive internationallyPublic opinion and war fatigue in the U.S.07:05 — Shimon’s Counterargument on IranShimon explains why his expectations were lower from the beginning and argues the media presents two completely distorted narratives.He compares:CNN’s framing of Iran “winning”Fox News’ framing of total U.S. strategic successWhy reality is likely somewhere in between08:38 — Nuclear Weapons and Uranium EnrichmentShimon gives a technical explanation of nuclear enrichment and argues that removing uranium alone does not solve the long-term problem.Major ideas:Uranium enrichment mechanicsWhy centrifuges matter more than raw uraniumWhy nuclear capability can be rebuilt over timeThe difficulty of permanently eliminating nuclear programs10:46 — “Boots on the Ground” DebateShimon argues the only true way to permanently stop Iran from acquiring nuclear weapons would require ground operations.Topics include:Comparisons to Iraq and Saddam HusseinPolitical unwillingness for another major Middle East warLimitations of airstrikes and sanctionsWhy the world may eventually accept a nuclear Iran12:23 — Economic Pressure vs Military VictoryThe conversation shifts toward sanctions and economic leverage.Shimon’s thesis:Economic pressure can weaken regimes significantlyGrowth incentives may discourage immediate nuclear escalationBallistic missiles may become preferable to nuclear weaponsMarkets appear optimistic despite geopolitical tensions16:07 — Is Iran Better or Worse Off?Alex and Shimon disagree sharply on whether Iran emerged stronger or weaker after recent conflicts.Alex argues:Iran survived a major confrontationHardliners will become even more aggressiveThe regime now has greater justification for nuclear weaponsShimon argues:Iran is strategically weaker than beforeInternal instability could eventually undermine the regimeHistorical parallels exist with the Soviet Union20:36 — Ideology, Fanaticism, and RationalityA philosophical debate emerges about whether ideological regimes behave rationally.Key questions:Can religious fanatics still act strategically?Does not fearing death change geopolitical logic?Are Iran’s leaders motivated more by power or ideology?What happens if Iran eventually obtains nuclear weapons?28:08 — China and TaiwanThe discussion pivots to China and U.S.-China relations.Shimon argues:Trump’s China trip successfully de-escalated tensionsMarkets reacted positively afterwardThe U.S. mainly needs time to build domestic chip manufacturingTaiwan’s strategic value is deeply tied to semiconductorsAlex raises concerns about:Taiwan’s futureChina’s long-term ambitionsAmerica potentially conceding geopolitical ground31:02 — Power, War, and Human NatureThe hosts discuss whether conflict is an unavoidable part of civilization.Themes include:Raw power throughout historyMale competition and evolutionary psychologyWarfare as a mechanism for societal orderAlpha hierarchies in nature and human civilization34:12 — Kings, Castles, and the Ottoman EmpireA historical tangent explores governance systems.Topics:Why hierarchical systems emergeMedieval castle alliancesThe origin of kingshipThe Ottoman succession system where brothers fought to the death for the throne38:22 — Nominal GDP ExplainedShimon introduces a macroeconomic concept that fascinated him: nominal GDP growth.Discussion highlights:Difference between nominal GDP and real GDPInflation versus productivityWhy nominal GDP growth has remained surprisingly stableThe relationship between money supply and economic growth41:37 — Investing, Retirement, and Market GrowthThe hosts connect nominal GDP growth to investing.Ideas discussed:Why markets naturally trend upward over timeThe logic behind 4% retirement withdrawal rulesWhy innovative companies dramatically outperform averagesThe dominance of technology companies in modern market growth46:42 — Are Markets Overvalued?Shimon pushes back against bearish market narratives.Topics include:NASDAQ valuationsEarnings growth versus price growthAI companies and infrastructure expansionWhy major tech companies may justify high valuations47:32 — SpaceX, AI, and the Future EconomyThe episode closes with optimism around technological progress.Final themes:Space commercializationMars and future planetary economiesAI infrastructure and data centers in spaceWhy technological innovation could continue driving exponential economic growthKey TakeawaysAlex worries the U.S. risks appearing weak through inconsistent foreign policy signaling.Shimon believes geopolitical outcomes are rarely ideal and should be judged comparatively, not absolutely.Both agree technological innovation is accelerating rapidly and may fundamentally reshape markets and civilization.The hosts remain highly optimistic about AI, semiconductors, and space technology despite geopolitical instability.Main Topics CoveredIran conflict and nuclear strategyTrump’s China visitTaiwan and semiconductor geopoliticsMilitary deterrenceEconomic sanctionsNominal GDPStock market valuationsAI and infrastructureSpace economy and SpaceXHistorical governance systemsNotable Quotes“You can do that two or three times and be believable. When you do it six or seven times, you lose all credibility.” — Alex"The only way to remove the threat of a nuclear weapon from Iran is with boots on the ground.” — Shimon"International geopolitics is always bad choices.” — Shimon“Raw power has always been the controlling boundary of humanity.” — Alex““Objectively, the stock market goes up over time.” — ShimonApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

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Join hosts @ShimonLazarov and Alex @MrEBITDA on the Dollar Auction Show as they dive into the first week of the Iran war. From U.S. military successes and AI-driven missile tech to Trump's bold demands for unconditional surrender, geopolitical shifts involving China and Russia, and the potential for Middle East peace. They also discuss market volatility, oil spikes, Bitcoin opportunities, private credit risks, and the jobs report revisions. Is this the path to lasting peace or escalating global tensions? Don't miss this optimistic yet realistic analysis!Subscribe for weekly insights on geopolitics, markets, and tech. Like and comment your thoughts on the Iran conflict!#IranWar #Geopolitics #Trump #AI #Bitcoin #StockMarket #middleeastpeace Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

In this episode of the Dollar Auction Show, Shimon and Alex tackle the growing "Technology Doomer" narrative. While Shimon argues that massive productivity gains from AI physically cannot result in a worse economy, Alex warns of a 2-3 year "pain gap" where government paralysis leads to a 2008-style market collapse.They also break down:The AI Displacement Model: Comparing AI agents to "digital immigrants" and the Saudi/UAE economic model.Duration Risk: Why Wall Street is confused and why Bitcoin/Software stocks are feeling the heat.State of the Union: A deep dive into Trump’s political maneuvers, the "clown show" atmosphere, and the "Common Sense" divide.The Detroit-ification of NYC: Why Zohran Mamdani’s policies might be fueling a mass exodus to Miami.Timestamps00:00 – Testing the new intro feature01:19 – Addressing the "Technology Doomer" piece02:49 – Defining an Economy: Why productivity should prevent collapse03:40 – Parallels to 2008: Will the Fed buy your mortgage (again)?06:11 – Alex’s "Pain Gap" thesis: Why the short run will be brutal11:17 – Industry Spotlight: AI hacking the Mexican government & cybersecurity displacement15:43 – The UAE Mental Model: AI agents as digital immigrants20:55 – The K-Shaped Recovery: Why you must hold assets to survive31:05 – Finance 101: What is Duration Risk and why does it kill growth?37:27 – State of the Union: Trump, Pelosi, and "Common Sense" politics44:59 – Shimon’s "Beer & ID" solution to voter integrity46:27 – NYC vs. Reality: Free daycare for illegal immigrants & emergency funds53:33 – Historical context: Why Hollywood moved to LA (and why Miami is next)55:10 – Final thoughtsApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comSupport the show

In this Bear Market Edition of the Dollar Auction Show, Shimon Lazarov and Alex (@MrEBITDA) dive deep into the current crypto winter sentiment after meeting Wall Street and hedge fund pros.Shimon presents a compelling chart overlay showing Bitcoin behaving like ~1.2–1.3× leveraged Nasdaq (QLD) since 2018 — outperforming in bulls, underperforming in bears, and currently detached to the downside. He argues tech (and therefore Bitcoin) won't see a 2022-style multi-year breakdown thanks to the long-term trend line, AI/robotics productivity tailwinds, no aggressive Fed rate hikes under the new chair, and massive unlocked GDP potential.They debate:Will Nasdaq really break down from over-invested AI/data-center CapEx?Is Bitcoin leading tech lower… or just more leveraged & sentiment-driven?Power Law support, miner capitulation FUD, quantum/doomer narrativesAI models (Gemini vs. Grok vs. local edge), Apple’s strategy, robotics replacing housekeepersRealistic 2026 price targets ($60k bottom? $150k by year-end?)Why the last two cycles felt underwhelming and whether we’re in for a long grindA candid, no-BS conversation blending macro, technicals, techno-optimism and bear-market psychology.Timestamps below ↓00:00 Intro & current market vibes after New York conference00:24 Wall Street / hedge fund sentiment: 50/50 split, Bitcoin tracks tech optimism01:32 Tech CapEx bubble fears vs. Apple sitting it out03:58 Technical difficulties & plan to overlay charts later06:04 Core thesis – Bitcoin as 1.2–1.3× leveraged Nasdaq (QLD overlay since 2018)07:23 Bitcoin leads tops/bottoms, ETF mini-bull, post-Trump pump & Liberation Day dump08:23 Current performance: QLD +533% vs Bitcoin +383% since 201808:56 Long-term QLD trend line – no 2022-style multi-year bear likely10:06 Fed policy, new chair, interest rates & why no big breakdown expected10:37 Cathie Wood / AI breakthroughs, robotics unlocking hidden GDP11:28 AI models (Grok & Gemini) both target ~$150k BTC by end of 202612:15 Alex reaction: more bearish near-term, uncertain forces in AI/energy/geopolitics14:38 AI doomerism & job displacement counter-arguments (robots = low-wage labor)17:06 Market uncertainty, pro-crypto admin yet underwhelming price action, FUD levels rising20:20 “Buy the rumor, sell the news” after favorable regulation & politics21:24 Commoditization of foundation models vs. value in robotics & applications22:41 Apple’s local-model strategy – smart or behind the curve?25:28 Gemini surprise performance vs. Grok, competing AI paradigms27:35 Geopolitical risks, Fed chair “market trial”, Arthur Hayes contrarian view30:07 Global debt, productivity, low real rates → bullish for risk assets long-term30:54 Recycled FUD dice: quantum, miners to AI, retail boredom → same old narratives34:19 No retail, institutional shakeout, potential long grind ahead35:22 Power Law support bands – 50–66k floor never broken historically37:23 Shimon’s 2026 base case: 60s for months → strong H2 recovery → $150k39:03 Nasdaq all-time highs eventually → Bitcoin follows40:27 Bull-case global scenario: peace dividends + real AI GDP42:53 Geopolitical war risks (Iran rumors) & market reaction44:37 Liberation Day / tariffs – major missed upside for BTC & risk assets44:54 Hash rate near ATH → miner capitulation narrative weak46:11 Personal lessons: avoid leverage loans, keep cash, cap BTC allocation ~30–40%49:17 Cash for peace of mind & opportunistic buying49:58 Bear market “snake through the pipe” analogy50:40 Bitcoin’s pure-sentiment nature vs. better technology & network effects51:18 Internet analogy – 30+ years from invention to mass adoption52:02 Closing: “Slog until then” – patience requSupport the show

In this "Special World Economic Forum Edition" of the Dollar Auction Show, Alex and Shimon take a deep dive into the seismic shifts currently reshaping the global order. We move beyond the headlines to analyze how the "Western global elite" at Davos are losing their grip on power as a new era of geopolitics emerges.This episode explores the "Trump Doctrine"—a radical departure from traditional U.S. foreign policy. Instead of endless regime changes and "forever wars," we discuss a strategy focused on "monetizing power" and leveraging economic pressure to force alignment with U.S. interests. From the strategic necessity of Greenland to the reality of "Space Wars," we unpack the high-stakes moves that the mainstream media is largely ignoring.Key Discussion Points:* The Decline of the WEF: Why the World Economic Forum is transitioning from an exclusive "elite club" to a more mainstream "paid-to-play" conference, and what this means for global influence.* The Trump Doctrine vs. Traditional Diplomacy: Alex explains the "Play Action Pass" strategy—how faking or acting on early threats (like tariffs on allies) builds the credibility needed for major geopolitical negotiations.* Funding "European Early Retirement": A provocative look at NATO funding. Shimon argues that U.S. defense spending has effectively subsidized Europe's expansive welfare states and pensions, and why that era is coming to an end.* Energy Independence as a Game Changer: How American fracking and energy self-sufficiency have removed the primary motivation for Middle Eastern interventions, allowing the U.S. to take a harder line with regimes like Maduro's in Venezuela.* Greenland and the First "Space War": Why Greenland is critical for future military infrastructure, data centers, and controlling the "space war" frontier, especially in light of how Starlink changed the landscape of the Ukraine conflict.* Onshoring Critical Manufacturing: The strategic danger of outsourcing essentials (like medical PPE and IV bags) to adversaries like China, and why tariffs are being used as a tool to bring production back home.Join the Conversation: Is the era of global cooperation through organizations like the WEF truly over? Is "monetizing power" a sustainable path for the U.S., or does it risk alienating vital allies? Let us know your thoughts on the new world realignment in the comments below!Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on X:@MrEBITDA@ShimonLazarovSupport the show

Join hosts Shimon Lazarov and Alex Chizhik (@MrEBITDA) for a no-holds-barred dive into the world's hottest topics! From the media blackout in Iran's potential revolution to Trump's geopolitical chess moves, Bitcoin's volatile flatline, and the explosive productivity gains from AI— this episode unpacks it all with sharp analysis, humor, and unfiltered insights.In this episode:Bitcoin's "boring" year: Flat gains, underperforming bonds, but packed with volatility and alpha tips.Iran's crisis: Regime scenarios, nuclear threats, and why a partial change could be disastrous.Global realignments: Venezuela as a power play, Ukraine stalemate, Greenland grabs, and 80-year cycles.Economic optimism: AI-driven productivity, job disruptions, micro-startups, and bold policies like inflating Bitcoin to offset debt.Whether you're into finance, foreign policy, or futuristic tech, this is your go-to for thought-provoking discussions that cut through the noise.Timestamps:00:01 - Introduction and Personal Updates00:33 - Bitcoin Performance Debate02:15 - Iran Crisis and Scenarios09:46 - Trump's Foreign Policy and Venezuela11:13 - Broader Geopolitical Implications17:41 - Benefit of Doubt for Trump and Past Conflicts22:35 - European Weakness and Greenland Acquisition24:00 - Global Realignments and Cycles25:47 - Markets and AI Productivity30:14 - Job Disruption and Future Economy33:49 - Economic Policies and Inflation Strategies40:05 - US Economic Power and Closing ThoughtsIf you enjoyed this, smash that LIKE button, SUBSCRIBE for more episodes, and drop a comment with your take on Iran's future or AI's job impact! Follow us on X: @ShimonLazarov and @MrEBITDA.#Geopolitics #IranRevolution #Bitcoin #AI #TrumpForeignPolicy #Economics #Podcast #DollarAuctionShowSupport the show

In this episode of The Dollar Auction Show, Shimon and Alex talk through why Bitcoin is lagging despite risk assets ripping, and then pivot hard into geopolitics: Iran’s internal unrest, Venezuela’s Maduro capture, and what these events signal about deterrence, U.S. power projection, and the media ecosystem.They explore a “power law” framing for Bitcoin’s long-term adoption, argue mainstream media has become incentive-driven content creation, and debate realpolitik vs “procedure-first” foreign policy. The conversation ties together oil flows, Russia/Ukraine funding pressure, China/Taiwan deterrence, and why unconventional leverage (like blockades and tariffs) can move outcomes faster than traditional diplomacy.0:07 Intro + markets check0:27 Bitcoin lagging stocks/gold/silver2:17 Power law optimism for Bitcoin adoption5:37 Pivot: politics, social strife, “post-truth” era6:47 Iran background + why the uprising matters11:57 Media incentives: news as “content for the base”15:07 U.S. foreign policy split: status quo vs pressure16:37 Venezuela: “surgical” action + results vs process23:07 Rules of war + proportionality logic24:07 Escalation dominance + Iran air defense narrative27:07 X/Twitter, Grok, and Wikipedia bias claims33:07 Trump as consequential actor (even if abrasive)34:07 Oil + geopolitics ripple effects (Russia/China)42:27 Tariffs as leverage, not just economics44:07 Critique of economists/models; “common sense” lens47:47 Outlook: 2026 optimism, volatility caveatsApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

After an eight-month hiatus, Shimon and Alex return to The Dollar Auction Show with their sharpest, most wide-ranging conversation yet. What begins as a simple question—“Why is the Bitcoin sentiment so bearish when the price is doing fine?”—unfolds into a two-hour exploration of markets, psychology, technology, geopolitics, AI, and humanity’s future.Together they dive deep into:Why Bitcoin volatility is shrinking—and why that’s actually bullishThe role of institutions, ETFs, and political cycles in shaping the next decadeHow index investors and concentrated-bet traders see the world differentlyWhether the AI boom is a bubble or a genuine civilizational shiftWhat happens when robotics, energy supply, and AI compute collideWhy generational cycles, the “fourth turning,” and human psychology matterThe paradoxical optimism of living through the most transformative era in history1. Introduction — Eight Months LaterCatching upWhy Bitcoin sentiment feels off despite strong fundamentalsBear market jokes and “when Bitcoin dips, it dips”2. Market Volatility, Macro Jitters & Investor PsychologyComparing today’s volatility to prior cyclesWhy investors are more nervous than the data suggestsTariffs, Fed tension, and the jittery political backdropThe irony of “digital asset treasury companies” replicating 2017’s ICO mania3. Institutional Adoption & the Slow Grind of LegitimizationMajor banks warming up to BitcoinETFs, allocations, custodians, and bondsWhy big money moves slowly but relentlesslyHow sideways price action transfers coins from speculators to pension funds4. Bitcoin’s Long-Term TrajectoryIs Bitcoin still the fastest horse?Why upside shrinks as adoption growsCompounding vs. risk-taking as investing stylesThe trendline, technical analysis, and market-moving whalesCan a 20–40% yearly growth Bitcoin still change your life?5. The AI Boom: Bubble or Transformation?Is Nvidia overvalued?What happens if OpenAI becomes the Enron of AI?Why data centers don’t “go to zero”AI agents disrupting SaaS, legal work, customer support, and moreThe massive, overlooked link between energy generation and AI computeWhy “overbuilding” might not be real6. Robotics, Chips, and the Second Industrial RevolutionChips for compute → chips for robotsCities blocking safer autonomous fleetsWhy AI + robotics = the true economic revolutionThe coming overcapacity vs. demand explosion in energy7. Civilizational Shifts, Spirituality, and the Fourth TurningGenerational cyclesCould 9/11 have been the real start of the fourth turning?Human psychology, Fibonacci, TA, and why markets obey “natural laws”Why we’re lucky to live through the Internet → smartphone → AI → robotics transition in one lifetime8. Closing Thoughts — Gratitude for a Wild EraLiving through historyManaging fear vs. embracing transformationLooking ahead to Bitcoin’s and AI’s next leapWhy optimism is the only way through massive changeFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

SummaryIn this episode, Alex and Shimon discuss Bitcoin's power law and its implications for the future of the cryptocurrency. They explain the concept of power law and how it differs from previous models of Bitcoin's price. They also draw parallels between power law in nature and Bitcoin's price corridor. The hosts highlight the significance of the power law model and its rigorous analysis compared to previous models. They conclude by exploring the potential of AI and robotics, showcasing a demo of a robot interacting with Chad GPT-4. The conversation covers various topics related to AI, including the power of AI chips, the potential increase in energy demand, the importance of open-source AI, and the need for trust and transparency in AI development. The intersection of crypto, AI, and open source is also discussed, highlighting the role of cryptographic proof and on-chain data. The dangers of concentrated power in AI and the importance of societal input in shaping AI values are explored. The hosts express disappointment with a podcast interview style that lacks depth and critical questioning.Takeaways* Bitcoin's price follows a power law, which is a mathematical model that predicts a straight line on a log-log scale graph.* The power law model provides a more rigorous and accurate analysis of Bitcoin's price compared to previous models.* Power law is a common phenomenon in nature, seen in the relationship between body mass and metabolic rate in animals.* The power law model suggests that Bitcoin's price will continue to grow over time, with a predicted floor price and a slower rate of growth in the future. AI chips are becoming increasingly powerful and are driving advancements in AI technology.* The use of AI will likely lead to an increase in energy demand, which could lower the cost of energy and benefit industries like Bitcoin mining.* Open-source AI allows for innovation and collaboration, ensuring that AI development is not controlled by a single company or entity.* The intersection of crypto, AI, and open source has the potential to create more transparent and trustworthy AI systems.* Concentrated power in AI development poses risks, and it is important to involve society in shaping AI values and decision-making.Chapters00:00 Introduction and Bitcoin's Power Law02:45 Understanding Power Law and Bitcoin's Price07:59 Power Law in Nature and Bitcoin's Price Corridor13:00 Implications of Power Law for Bitcoin's Future22:05 Predictions and Investment Potential22:56 Exploring AI and Robotics26:47 Reflection on Performance27:11 The Power of AI Chips27:40 Nvidia's AI Chip Innovations28:29 AI at the Chip Level29:18 Increased Energy Demand30:17 Energy Consumption and Efficiency31:04 The Excitement of Using More Energy31:23 Open Source AI and Innovation32:19 Genetic Algorithms and Open Source AI37:39 The Intersection of Crypto, AI, and Open Source42:32 The Importance of Open Source AI and Trust43:28 The Need for Cryptographic Proof and On-Chain Data45:47 The Dangers of Concentrated Power in AI46:16 The Role of Society in Shaping AI Values47:58 Disappointment with Interviewing Style50:09 The Dollar Auction Show and Strong OpinionsApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the showSupport the show

SummaryIn this conversation, Shimon and Alex discuss the all-time high of Bitcoin and the excitement surrounding it. They also delve into the role of technology in various industries and the exponential growth of tech advancements. The conversation then shifts to Tesla's full self-driving algorithm and the value of edge cases in machine learning. They touch on media manipulation and the biased portrayal of Bitcoin in the media. Finally, they highlight notable Bitcoin critics and the impact of their opinions. In this conversation, Alex and Shimon discuss various topics related to Bitcoin, AI, and energy. They criticize financial experts who have made inaccurate predictions about Bitcoin and housing affordability. They explore the impact of Bitcoin and AI on energy demand and the need for low latency in AI and Bitcoin transactions. They also discuss the role of nuclear power in meeting energy demand and the potential for renewable energy to shape the future of energy markets. The conversation concludes with a celebration of Bitcoin's success and the potential for its continued growth.TakeawaysBitcoin reaches an all-time high, generating excitement among investors.Technology is infiltrating every industry, leading to exponential growth and advancements.Tesla's full self-driving algorithm demonstrates the value of edge cases in machine learning.Media manipulation can shape public perception of Bitcoin and other topics.Chapters00:00Introduction and All-Time High00:41Bitcoin Price Update02:26Bitcoin Trading Strategies03:01The Purpose of the Podcast04:05Technology in Every Industry05:12Bitcoin and Technological Advancements06:10Understanding Tech and Exponential Curves06:30Deep Dive into Tech Podcasts07:24Tesla's Full Self-Driving Algorithm08:22The Value of Edge Cases in Machine Learning09:18The Scalability of Tesla's Self-Driving Model10:31Media Manipulation and Bitcoin Critics15:12Bitcoin as the Cockroach of Investments16:11The Media's Influence on Perception19:24Engagement Farming and Bitcoin Critics20:20The Impact of Bitcoin Critics20:52Criticism of Financial Experts22:13Bitcoin and AI's Impact on Energy Demand23:40The Role of Nuclear Power in Meeting Energy Demand28:02The Need for Low Latency in AI and Bitcoin30:02Renewable Energy and the Future of Energy Markets32:05The Geopolitical Implications of Energy Independence35:12Bitcoin's Role in Increasing Energy Demand36:21Bitcoin's Price Action and the Impact of ETFs39:14The Future of Bitcoin Cycles41:29Barriers to Bitcoin Adoption42:00Celebrating Bitcoin's SuccessApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

In this conversation, Alex and Shimon discuss various topics related to AI and its impact on society. They explore the concept of 'justisms' in AI, where people downplay advancements by saying it's 'just' a certain capability. They also discuss the level of artificial intelligence that would be considered 'actual intelligence' and the challenges of defining intelligence on a linear scale. The conversation delves into tokenization and predicting the next token as a measure of intelligence, as well as the perception of time and power law. They speculate on the future of work in a world with advanced AI and the potential shift towards jobs that require empathy and human touch. The conversation concludes with a discussion on the value of accomplishment and the need for new paradigms in a society where basic needs are met by AI. The conversation explores the potential for advancing humanity on Earth through technological advancements, such as AGI and incremental improvements. It discusses the rapid pace of technological change and the uncertainty it brings. The goal of achieving universal basic needs and the changing path of careers are also examined. The conversation delves into the requirements for technological breakthroughs and the potential of AI and replicas. It concludes by addressing the impact of technology on society and the challenge of maintaining emotional connection.Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

In this conversation, Shimon and Alex discuss the recent Google Gemini launch debacle and the challenges of AI alignment. They also explore the issue of trust in Google's AI and the potential impact on the company's future. Additionally, they delve into the importance of understanding and avoiding the spinning of information. The conversation covers topics such as the Hunter Biden scandal and Russian interference, concerns about AI bias, the impact of AI bias on Google's stock, the need for cryptographic proof in AI, China's AI and digital assets, the challenge of ensuring unbiased AI, the arms race of AI, the role of blockchain in open source AI, the difficulty of obtaining objective information from Google, and the disruption of established companies.TakeawaysThe Google Gemini launch debacle highlights the challenges of AI alignment and the potential unintended consequences of bias correction.Trust in Google's AI may be compromised due to the perceived biases and limitations of the system.The future of Google's AI depends on its ability to address these issues and provide more accurate and unbiased results.Understanding and avoiding the spinning of information is crucial in ensuring the dissemination of truthful and unbiased content. Former US spies warned in 2020 that the Hunter Biden scandal had Russian fingerprints, and recent developments have vindicated their claims.The Justice Department confirmed that an informant invented a story about $5 million bribes paid to Joe and Hunter Biden, further supporting the Russian interference narrative.The disconnect between the Hunter Biden laptop and the Russian interference allegations highlights the need for careful analysis and critical thinking when consuming news.The bias in AI systems, such as Google's, raises concerns about the potential manipulation of information and the need for cryptographic proof to ensure transparency and accountability.Chapters00:00 Introduction and Bitcoin01:40 Google Gemini Launch Debacle06:22 AI Alignment09:27 Trust in Google's AI14:44 Google's Future24:40 The Hunter Biden Scandal and Russian Interference25:10 The Justice Department's Statement25:25 Confirmation of Russian Involvement26:16 The Disconnect from the Hunter Biden Laptop27:11 Concerns about AI Bias28:08 The Impact of AI Bias on Google's Stock29:36 The Need for Cryptographic Proof in AI31:24 China's AI and Digital Assets32:30 The Challenge of Ensuring Unbiased AI33:39 The Arms Race of AI36:17 The Role of Blockchain in Open Source AI39:22 The AI Arms Race: Western AI, Chinese AI, and Pirate AI45:03 The Difficulty of Obtaining Objective Information from Google47:15 The Disruption of Established CompaniesApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

In this conversation, Ken Egan, a retired CIA officer, shares his insights on Bitcoin and its implications within the intelligence community. He discusses how Bitcoin is viewed as a tool and emphasizes that it is not optimized for illicit activity. Ken also highlights the importance of educating lawmakers about Bitcoin and the need for a broader perspective in the discussion of its future. He addresses the idea of imposing restrictions on US miners and emphasizes the role of other tools in combating ransomware. Ken concludes by expressing his excitement about Bitcoin's potential to modernize energy grids and protect wealth. In this conversation, Ken discusses the fundamental use case of Bitcoin and why he believes it is important for Americans to own and use it. He emphasizes that Bitcoin provides a safety net and can bring a sense of calm to society in times of crisis. The conversation also touches on the lack of war and financial strife in the US, the resilience of the country, and the role of Bitcoin in making the nation more resilient. Ken and the hosts express their passion for Bitcoin and the need for education about investing in alternative assets. They discuss the volatility and uncertainty in the US and the potential for social and financial strife. The conversation concludes with Ken sharing his experiences and insights from his career in intelligence and the freedom to explore new opportunities and perspectives.TakeawaysBitcoin is viewed as a tool within the intelligence community and is not optimized for illicit activity.Educating lawmakers about Bitcoin is crucial to ensure a balanced and informed approach to regulation.Bitcoin has the potential to modernize energy grids and provide economic opportunities in developing countries.Imposing restrictions on US miners may not effectively address the issue of non-OFAC compliant transactions.Bitcoin can serve as a means of protecting wealth in times of financial calamity. Bitcoin provides a safety net and can bring a sense of calm to society in times of crisis.Owning Bitcoin can make a nation more resilient and less susceptible to financial and social strife.There is a need for education about investing in alternative assets like Bitcoin.The US is currently facing volatility and uncertainty, and there is a potential for social and financial strife.Chapters00:00Introduction and Guest Introduction02:34Views on Bitcoin within the Intelligence Community08:27Bitcoin as a Tool for Illicit Activity10:03Bitcoin and Financial Sovereignty16:28Traceability of Bitcoin Transactions18:19Educating Lawmakers about Bitcoin24:18The Threats to Dollar Dominance26:15Implications of OFAC Compliance for Miners29:18Miners and Non-OFAC Compliant Transactions36:36The Positive Potential of Bitcoin40:51The Fundamental Use Case of Bitcoin41:20The Importance of Bitcoin in Times of Crisis41:53The Lack of War and Financial Strife in the US43:17The Resilience of the US and the Role of Bitcoin44:42Passion for Bitcoin and the Need for Education45:40The Volatility and Uncertainty in the US46:05The Potential for Strife and the Arrogance of Westerners47:50The Resilience of the System and the Role of Statesmen48:15The Chaos and Charm of Living in Developing Countries50:13The Unique Experiences and Insights of a Career in Intelligence55:01The Freedom to Explore New Opportunities and Perspectives55:27How to Connect with KenApple Podcast: Support the show

In this episode, Alex and Shimon discuss various topics including the intelligence community's interest in Bitcoin, the impact of regulation on markets, Elizabeth Warren's misunderstanding of interest rates, concerns about Biden's cognitive abilities, Putin's unhinged interview, India's potential, and the situation in Gaza. The conversation discusses the challenges and potential solutions in the ongoing conflict in Gaza. It highlights the difficulties in conquering the city of Ra'afah, where terrorists, hostages, and leadership are located. The conversation also mentions the problem of IEDs on the border with Egypt and the fear of creating holes in the fence. However, the speaker believes that these problems are solvable. The conversation ends with a hopeful note, expressing the desire for an end to the suffering and a return to normalcy for the people in Gaza.Takeaways* Intelligence agencies have a long history of using encryption, making it unsurprising that they are interested in Bitcoin.* Regulation can distort markets and create inefficiencies, hindering innovation and hurting investors.* Elizabeth Warren's misunderstanding of interest rates highlights the need for policymakers to have a strong understanding of economics.* Biden's cognitive abilities have raised concerns, and there are rumors that the Democratic Party may consider a replacement.* China's demographic challenges and India's entrepreneurial culture may impact their future trajectories.* The situation in Gaza is ongoing, with surgical operations targeting terrorists and an increasing number of surrenders.Chapters00:00 Introduction and Format Change01:19 Feedback and Audience Engagement03:47 Intelligence Agencies and Bitcoin06:18 Bitcoin Inflows and Regulatory Distortions07:36 Regulation and Market Inefficiencies15:12 Elizabeth Warren's Misunderstanding of Interest Rates19:31 Biden's Cognitive Abilities and Potential Replacement22:21 Putin's Unhinged Interview26:35 India's Potential and China's Demographic Challenges37:40 Conclusion and Recap of Gaza Situation42:06 Challenges in Conquering Ra'afah43:05 Solutions to the Challenges44:00 Hope for an End to the ConflictSupport the show

SummaryThe conversation covers various topics including the Apple Vision Pro, the implications of augmented reality, open source AI, the economic impact of Apple Vision Pro and government spending, the relationship between immigration and economic success, and a preview of a future discussion on military technology. In this conversation, Shimon Lazarov discusses the development of the Road Runner, a jet-powered drone designed to intercept aerial threats. He explains how the drone's speed and propulsion system make it more effective than traditional drones. The conversation then shifts to the importance of innovation and investment in pushing the boundaries of technology. Lazarov highlights the need for the US to take a proactive approach in areas such as nuclear energy. The conversation concludes with a discussion about future episodes focusing on military tech and drones.TakeawaysThe Apple Vision Pro has the potential to revolutionize augmented reality and open up new possibilities in various industries.Open source AI and the competition between different AI models from different countries can lead to technological advancements and improvements.The economic impact of the Apple Vision Pro and government spending is a topic of debate, with differing opinions on the strength of the economy and the role of government.Immigration can contribute to economic growth and labor force expansion, but the overall economic situation is influenced by various factors.The future of military technology, particularly the rise of drones, is an area of interest and potential disruption.Chapters00:00Introduction and Discussion of Apple Vision Pro06:33Implications of Apple Vision Pro and Augmented Reality11:40Open Source AI and the Future of AI Development22:47Economic Impact of Apple Vision Pro and Government Spending25:09Discussion on Immigration and Economic Success30:16Debate on the State of the Economy and Government Spending39:08Preview of Future Discussion on Military Technology41:02The Road Runner: A Jet Powered Drone43:19Innovation and Investment in the Frontier44:23The US Does the Right Thing44:36Future Episode: Military Tech and DronesApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

In this conversation, Alex & Shimon discuss various topics including investment advisors and Bitcoin education, expectations for Bitcoin ETF approval, the relationship between Bitcoin price and M2, the border crisis, immigration process, and the cognitive decline of Joe Biden. Alex also highlights Vivek's stances and fresh perspective on politics.Takeaways* Investment advisors need to be educated about Bitcoin and ETFs to effectively advise their clients.* The approval of a Bitcoin ETF is expected to bring new money into the market, but it may take some time for investment advisors to fully understand and recommend these products.* Bitcoin price has a relationship with M2, the monetary supply, and can both lag and lead it.* The border crisis raises concerns about national security and the need for proper identification and tracking of individuals entering the country.* The current immigration process can be challenging and bureaucratic, and the open border situation undermines legal immigration.* Joe Biden's cognitive decline raises questions about his ability to serve as president.* Vivek offers a fresh perspective on politics and emphasizes the importance of respectful disagreement and challenging the bureaucracy.Chapters00:00 - Introduction and Personal Updates01:01 - Investment Advisors and Bitcoin Education02:02 - Expectations for Bitcoin ETF Approval03:23 - Bitcoin Price and M205:34 - Bitcoin Lagging and Leading M208:51 - Discussion on Border Crisis11:11 - Open Borders and National Security12:46 - Immigration Process and Legal Immigration14:10 - Cognitive Decline of Joe Biden15:35 - Vivek's Stances and Fresh PerspectiveApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

Shimon and I delve into the world of Amazon robot logistics, future of work, renewable energy, the Bitcoin ETF and even the Ukraine and Israeli conflicts. Lots to unpack!Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

Alex and Shimon are back together to kick the new year off. We discuss the bitcoin ETF launch, price volatility vs predictability, Elizabeth Warren's crazy new FUD narrative, and a lot more! Join us for another great episode.Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

Today on Passover Alex discusses how #Bitcoin is like Passover…. Wait what?!?!?!?Both involve a story of liberation: Passover celebrates the liberation of the Jewish people from slavery in Egypt, while Bitcoin represents a potential liberation of people from traditional financial systems that are controlled by governments and banks.Both have a strong sense of tradition: Passover is celebrated each year with the same rituals and traditions, while Bitcoin has a strong community of supporters who are committed to the idea of a decentralized currency.Then Alex talks about the current Energy fight and what The Chamber of Digital Commerce, Blockchain Association, Satoshi Action and the Texas Blockchain Council are doing to help us fight the good fight! Specifically:1. Encouraging investment in renewable energy infrastructure: Bitcoin mining is a process that requires a significant amount of energy, and as the demand for Bitcoin increases, so does the demand for energy to power the mining process. If this energy can be sourced from renewable sources such as solar, wind, or hydro power, it could incentivize the development and expansion of renewable energy infrastructure.2. Providing a new revenue stream for renewable energy producers: Bitcoin mining can be a lucrative business, and renewable energy producers could potentially use excess energy from their facilities to mine Bitcoin and generate additional revenue.3. Reducing carbon emissions: Bitcoin mining currently consumes a significant amount of energy, much of which comes from non-renewable sources such as coal. However, if more Bitcoin mining were to be powered by renewable energy sources, it could potentially reduce carbon emissions associated with the mining process.4. Creating new investment opportunities: As the demand for Bitcoin grows, there may be an opportunity for investors to invest in renewable energy projects that are specifically designed to power Bitcoin mining operations. #Crypto #Algorand #Dogecoin #Doge #ElonMusk #CryptoNews #Cryptocurrency #Bitcoin #BTC #BitcoinNews #BitcoinMining #Ripple #XRP #XRPNews #RippleXRP #Ethereum #EthereumNews #ETH #Cardano #Ada #CardanoNews #Altcoin #Altcoins #NFTs #NFT #Metaverse #PodcastApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

Our special guest is Professor Lawrence Kotlikoff, economics professorat Boston University and ranked by The Economist magazine as one ofthe world’s 25 most influential economists. Larry is also thepresident of Economic Security Planning, Inc. and the founder ofMaximize My Social Security and MaxiFi.We spoke about different investment strategies, ways for governmentsto grow their GDP in order to fund their unfunded liabilities, someinteresting solutions to the healthcare costs crisis, ways in whichtechnology can create prosperity and a lot more.To learn more about professor Kotlikoff, visit:Kotlikoff.netLarrykotlikoff.substack.comMaximizemysocialsecurity.comMaxifi.comApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

In today’s episode, Shimon discusses the recent Silicon Valley bank debacle, the response from the federal reserve, and what it means for the price of Bitcoin and stocks. Are we about to see a large amount of money printing or will the federal reserve be able to sustain interest rates at high levels?  Our special guest is Professor Lawrence Kotlikoff, economics professor at Boston University and ranked by The Economist magazine as one of the world’s 25 most influential economists. Larry is also the president of Economic Security Planning, Inc. and the founder of Maximize My Social Security and MaxiFi.  We spoke about the fiscal gap in the USA, The USA vs China in the 21st century, Social Security, and a lot more. Kotlikoff.netLarrykotlikoff.substack.comMaximizemysocialsecurity.comMaxifi.com Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinanceshow.com  Follow us on Twitter @MrEBITDA @ShimonLazarovSupport the show

Alex and Shimon discuss the latest in the markets and the upcoming Bitcoin halving. Will the previous pattern of sideways action and then an upward break repeat itself? They also discuss the latest unemployment and CPI prints and how the current methodology of calculating these metrics that the federal reserve relies on for determining the monetary policy, may no longer be accurate for the post-covid world. We discuss a thesis where the actual CPI is lower, and actual unemployment is higher, which means that the federal reserve can start reversing course sooner rather than later.We then welcome back Kristen Ragusin to the show for Part 2 of our discussion around money and scarcity. Kristen is a professional wealth management consultant with twenty-five years of experience. Investing over $150 million, she helps clients navigate markets and achieve financial goals. She is a certified digital currency professional and earned her Master's Degree from the Fletcher School of Law and Diplomacy at Tufts University. Kristen holds certificates in FinTech from the Massachusetts Institute of Technology and in Money and Society from the University of Cumbria, London. Alex and Kristen discuss the macro outlook, how most people mis-understand what money is, and https://www.kristenragusin.com/https://twitter.com/KristenRagusinApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

Today Alex and Shimon discuss the latest Bitcoin news, the decoupling of Bitcoin and the traditional markets, and the Celsius bankruptcy proceedings. Critically, the Celsius retail claw back rule and how that can affect   Our guest today is Kristen Ragusin. Kristen is a professional wealth management consultant with twenty-five years of experience. Investing over $150 million, she helps clients navigate markets and achieve financial goals. She is a certified digital currency professional and earned her Master's Degree from the Fletcher School of Law and Diplomacy at Tufts University. Kristen holds certificates in FinTech from the Massachusetts Institute of Technology and in Money and Society from the University of Cumbria, London.  Alex and Kristen discuss the macro outlook, how most people mis-understand what money is, and  https://www.kristenragusin.com/https://twitter.com/KristenRagusin Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc  Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarovSupport the show

Today Shimon and Alex discuss the latest news in the #Crypto and #Bitcoin markets, analyzing the latest regulatory challenges brought to crypto by U.S. Regulators. They also touch on national security and #AI – examining how ChatGPT can enable a productivity gain.The featured guest of this episode is David Richter of Simple CFO and the Profit First for REI Podcast.David Richter is an active real estate investor who has been essential in closing over 850 deals which include wholesale, turnkey, BRRRR, owner finance, rentals, lease options, and any other exit strategy you can think of. While growing and building a real estate business from 5 deals a month to over 25 deals a month, he realized that as much money was coming in, it was going right out. With the unique opportunity of being in every seat as a real estate investor, he found a calling to the company’s finance seat to help them see where their money was really going. David has helped real estate companies completely turn around from going out of business to building cash reserves through his profit advising company Simple CFO Solutions, LLC. He is the author of Profit First for Real Estate Investing. His goal in life is to completely transform the Real Estate Investing industry when it comes to how real estate investors view their finances and – bring them true financial clarity and freedom.https://simplecfosolutions.com/https://simplecfosolutions.com/podcast/Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

In today’s episode Shimon and Alex say good bye to the Hardcore Finance Show and hello to the Dollar Auction Show. The Dollar Auction Show will be the Digital Asset Strategy show - focusing on Growth and Management Strategy in the Digital Asset sphere. Shimon will bring the Marketing/Growth/Strategy angle and Alex will bring the Strategy/Technical/Financial angle. Together, Alex and Shimon discuss the latest news in the Digital Asset world, and read the tea leaves about what is coming down the pike and how players should react.  In each show we discuss:  1.     News + Price Action2.    Regulatory/Policy3.    New Tech + Game Theory4.    Deep Dive + Guest Today, we deep dive on Bitcoin Ordinals, what they are, the Pro and the Con case of having them. Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcwww.Hardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

2023 is the year of crypto regulation and while all global regulators are important, the US Regulators seem to drive the global Crypto Agenda. Most media outlets are reporting on regulation in the crypto space, but we, at the Hardcore Finance show are going straight to the source. In this episode, Alex goes to Capital Hill to chat with his representatives about the upcoming Crypto regulation. We sleuthed around Congress so that you don’t have to. Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

Alex discusses 2023 and how to use this year to build. The episode goes through old mistakes, reflections on the crypto space and how to be a mature company, as well as what does 2023 have in store for us. Alex email for comments: [email protected] Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

Shimon and Alex discuss GPT3, and its recently released to the public chatbot. We discuss the deflationary aspects of having artificial intelligence being able to answer prompts and develop them into narratives, solving problems, coming up with a reason the recent ROI of marketing campaigns is dropping and a lot more!Will this deflation enable the government to print a lot of money without causing prices to spike? Join us to find out.Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcwww.Hardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

In this third installment of the privatization of money, Shimon discusses the different advantages that privatization of any resource has from the point of view of the government. Then he continues to analyze what is unique about money and how the privatization of the good called "money" can bring prosperity to the worldwide population.Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcwww.Hardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

In this episode, Alex and Shimon discuss the following:* The recent ripple effects from the interest rate increases* The large hit that crypto took* The FTX saga - using customer funds to gamble with* FTX valuation drivers and why they weren’t reliable* Lack of due diligence by traditional VCs* Effective altruism and it’s possible terrible consequences* DeFi yield and where it comes from* Is punitive regulation coming?Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

Shimon and Alex discuss the fallout from the FTX debacle and next steps for Crypto and Bitcoin. Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

In today’s episode Alex and Shimon welcome back Representative Margaret Croke. Representative Croke represents the 12th District in Illinois and has been a big crypto proponent. Representative Croke talks to us about the future of crypto regulation, what would it take to get sensible regulation passed, governments adopting blockchain technology and much more. If regulation + crypto is important to you (and it should be!) don’t miss this!https://www.repcroke.com/Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

In today’s episode Alex welcomes David Blatt back on the show. We talk about the massive bond yield hikes of the last 6 months, the Fed Pivot, effects on the real estate market – both residential and commercial and when the bottom in Real Estate will come.   David is CEO of CapStack Partners, focused on helping clients find real estate investment & capital solutions. He is also the Founder & CEO of Banxel, the first lender2lender marketplace to syndicate, buy & sell real estate loans. With a background in distressed real estate, Mr. Blatt has successfully structured & closed countless complex deals. He is also a frequent public speaker & writer on innovation & capital market trends in real estate.   Follow David on Social: https://www.linkedin.com/in/davidblatt-capstackceo https://twitter.com/capstackceoApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

In this episode of the hardcore finance show, Shimon discusses the disastrous short term effects of the Fed's Jackson Hole meeting. Is there a silver lining waiting in the long term, or are we up for more carnage in the markets? Can raising interest rates be good for the economy long term? And how does all of that affect the cryptocurrency markets? Tune in to find out.Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcwww.thehardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

Want to be a MILLIONAIRE? Tony Bradshaw - the award winning wealth coach - teaches us how to make the Millionaire Choice. Shimon, Alex, and Tony discuss how to manage money, what is real wealth, asset classes, the current financial crisis, and even.... a bit of crypto. This is one of the best and most informative episodes yet!https://www.tonybradshaw.com/https://www.themillionairechoice.com/Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinanceshow.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

In this Episode Shimon and Alex wrangle with the Identity of the Hardcore Finance Show and why talking to people about finance and financial freedom is so near and dear to our hearts. Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinance.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

Shimon and Alex discuss the recent happenings in the Ukraine - Russia war and how that will impact the global markets. Part 2Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinance.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

Shimon and Alex discuss the recent happenings in the Ukraine - Russia war and how that will impact the global marketsApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinance.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

In this episode of the hardcore finance show, Shimon discusses the disastrous short term effects of the Fed's Jackson Hole meeting. Is there a silver lining waiting in the long term, or are we up for more carnage in the markets? Can raising interest rates be good for the economy long term? And how does all of that affect the cryptocurrency markets? Tune in to find out.Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

Shimon and Alex walk the streets of DC and discuss the upcoming Ethereum Merge.  Is it actually bullish for Bitcoin? Is Proof of Stake better than Proof of Work?Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinance.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

Recession?!?!? That terrible four (9) letter word! are we in one? What does it mean to be in one? Should we panic? Where do we hide? Why isn't Joe Biden doing anything!?Alex goes into all of these points and more in the latest episode of the Hardcore Finance Show.Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinance.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

Shimon and Alex get together to discuss the stock market pain and if and when it will stop. Are you hurting? So are we!Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinance.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

In this episode of hardcore finance, Alex and Shimon discuss whether we have hit the market bottom, or whether we have more losses ahead of us.The bull case - the fed will be able to lower interest rates without increasing inflation further. The bear case - interest rates are going up and market will continue to crash.We discuss the prospects of both of these scenarios as well as a lot more - are we on a growth trend? Will the war in Ukraine's impact on the markets end soon, and a lot more.Join us for a fascinating discussion!Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinance.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

In this episode, Shimon and Alex discuss the recent drop in the markets:* How long will the bloodbath continue?* Will the federal reserve be able to increase interest rates for much longer?* How similar is the current situation to the end of 2018?* Is the NASDAQ in a technical correction?* Can the keynsian method work? If the interest rate increases now, could it be good for long term growth?* If the government didn't increase interest rates in the good times, what can they do in the bad times?* Are we paying for Trump's mistakes?* Will we pay for this by inflation or by recession?* What will Elizabeth Warren do or say?* Our predictions about the resolution of this whole mess.Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcwww.hardcorefinance.comFollow us on Twitterhttps://twitter.com/MrEbitdahttps://twitter.com/ShimonLazarovSupport the show (https://www.hardcorefinance.com/donate)Support the show

Shimon and Alex are back after a while to discuss the following topics:* Authoritarianism in Canada* War in Europe* Bank robberies with covid masks* How to make a lot of money - have a belief that is different than everyone else, but also correct* Is the nasdaq still a good place to allocate capital to given the recent volatility* Time horizons for the nasdaq - 6 months vs 10 years* Do politicians have the power to affect economic outcomes over the long term?* The probable outcome of the 40 year bond bull run* Negative real rates* Why do people hold negative yielding bonds?* The T.I.N.A (there is no other alternative) approach to allocating capital* How does consumer behavior and fed policy affect inflation?* Is the laffer curve breaking given the latest technological trends* Is the price of food and other commodities stuck at a high level or will it go down* Why is now different than the 70s stagflation?* Is the bank of japan responsible for the latest MMT trends in the western economies?* The effect of the war in Ukraine on the macro economic landscape* Our portfolios have taken a huge hit since we last spoke* Robots that can fold the laundry...* Holding an index vs picking stocksApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcwww.hardcorefinance.comFollow us on Twitterhttps://twitter.com/MrEbitdahttps://twitter.com/ShimonLazarovSupport the show (https://www.hardcorefinance.com/donate)Support the show

In this episode of Hardcore Finance, Alex and Shimon speak with Rob Frasca. Rob is a serial entrepreneur who has built and brought three venture-backed startups to successful exits. He is the co-founder and managing partner of COSIMO Ventures, a venture capital firm that specializes in investing in promising blockchain technologies and cryptocurrencies. Frasca frequently speaks on cryptocurrencies and he and his team invest in disruptive technologies that promise to reshape the way global markets operate in an increasingly digital world. He believes blockchain technology represents the single-largest value creation event of our lifetimes. Through COSIMO X, the firm’s public tokenized fund, Frasca hopes to deliver immense value to investors seeking access to these emerging blockchain opportunities.In the episode, we discuss the following:* Global monetary policy and its implications on cryptocurrency prices* Value created vs value captured in various crypto projects* Why blockchain technology is the biggest value creation in a long time* The ascent of China and central bank digital currencies* Will the federal reserve raise interest rates next year, how many times and at what magnitude?* The effect technology has on deflation that can potentially offset inflation driven by monetary expansionReferences:Niall Ferguson - The square and the TowerFollow Rob on Twitter:https://twitter.com/robfrascaApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinance.comFollow us on Twitterhttps://twitter.com/MrEbitdahttps://twitter.com/ShimonLazarovSupport the show (https://www.hardcorefinance.com/donate)Support the show

Shimon and Alex welcome David Blatt to the show. David is CEO of CapStack Partners, focused on helping clients find real estate investment & capital solutions. He is also the Founder & CEO of Banxel, the first lender2lender marketplace to syndicate, buy & sell real estate loans. With a background in distressed real estate, Mr. Blatt has successfully structured & closed countless complex deals. He is also a frequent public speaker & writer on innovation & capital market trends in real estate. Follow David on Social:https://www.linkedin.com/in/davidblatt-capstackceohttps://twitter.com/capstackceoApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinance.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

Bitcoin just hit all time highs and then the market dropped. What does this mean? What's really going on? How does the macro landscape affect the markets? And the latest from the Biden Administration.Shimon and Alex seek out the truth.Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinance.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show

In today's episode of the hardcore finance show, Alex and Shimon discuss the recent weekly events. We talk about china banning bitcoin (again), capital controls, evergrande and their real estate woes, the recent price drop in the markets, the infrastructure bill and its implication on inflation and treasury interest rates, and what does all of this mean about the future. Will the higher rates drive higher real growth, or will they collapse asset prices?Join us for a fascinating discussion!Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcHardcorefinance.comFollow us on Twitter@MrEBITDA@ShimonLazarovSupport the show