E297: Bitcoin Simplifies Life with Special Guest Pete Noble

 

E297 Introduction

I LOVE talking to Bitcoiners! There is, not only an enthusiasm and excitement that is contagious but also a sense of possibility for the future coupled with a steely-eyed look at the current decaying monetary system that is irresistible to me. In short, Bitcoiners know some things. Things that not everyone knows yet. If this ruffles your feathers because you are a so-called “smart technologist”, neither my guest nor I really give two fucks. Are you following me? Sorry to be so crass out of the gate but there are some serious misconceptions about money that 99 percent of the population holds close.

I have a really interesting interview with a new friend today but first a couple of memes to capture the spirit of what we will be talking about. 

The first is from IG (I think from The Black Robinhood) and titled “If You’re Still Saving in Dollars, You Don’t Understand Money.

Here’ why: the dollar isn’t designed to hold value- it’s designed to lose it. Inflation is built into the system. Central banks print trillions, governments spend recklessly, and your “savings” melt away year after year. Bitcoin flips that script.

With a fixed supply of 21 million, Bitcoin is mathematically scarce. No one can print more. Every four years, new supply gets cut in half. Demand grows, supply shrinks and over time, price compounds.

Saving in dollars = guaranteed loss

Saving in Bitcoin = protection + exponential upside

When you stack in Bitcoin, you‘re not just saving money-you’’re saving your time, labor, and freedom in a form that can’t be inflated away.

People who dismiss Bitcoin expose themselves: they don’t actually understand what money is supposed to do- and that is store value over time.

Fiat fails that test. Bitcoin passes with flying colors. The question isn’t “Why Bitcoin?”. It’s “Why are you still trusting melting dollars?”

And another interesting tidbit for you. Young Hoon Kim, The man who holds the Guiness World Record for highest IQ of 276 has converted all his assets into Bitcoin believes that Bitcoin will 100 X in 10 years and become the world reserve currency. And is quoted as saying “Bitcoin is the only hope for the future economy.” So….. for all you smarty pants out there. The man with an IQ of 276 has done the proof of work and is putting his chips on Bitcoin. Do you think it might be worth a bit of study for you? Don’t shoot me, I’m just the messenger.

I really love today’s interview. Enjoy!

Pete Noble Bio-

My guest today is Pete Noble. Pete is a hustband and father, a man who has worked in technology for decades, and an enthusiastic Bitcoiner. Here is my interview w Pete Noble. 

E297 Final Thoughts

I hope you enjoyed that conversation as much as I did. We will be keeping track of Pete and all the developments and ideas that spring forth in the Bitcoin space. What an exciting time to be alive! Thank you Basecampers!