Spending Bitcoin, AI Cycles, and the JFK Files - Epi-3616

Spending Bitcoin, AI Cycles, and the JFK Files - Epi-3616


Today join me to discuss why spending Bitcoin is stupid, the boom-bust AI cycle, RFK Jr.’s rise, homestead prep, the JFK files, and more. A rapid-fire dive into politics, crypto, and practical tips you won’t want to miss!

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[JamesStevensTEXALTA]

To the guy at end of the stream wanting to unpoor himself - seems pretty simple to just save in bitcoin and forget about it. If cash flow and assets are light, seems the focus should be on finding better employment or developing business/products that make money, then you can afford to lose it.

[joshua]

It's weird that Jack thinks people are stupid simply for reaching a different conclusion than him. If I keep an extra $1000 in checking account to pay unforeseen bills, I could put that in Bitcoin and if the value goes up pay that credit card off with Bitcoin then end up with a few Sats I wouldn't have if I kept that $1k in my checking account. It's not without risk, because the value could drop during that month. I'd argue if you strongly believe the value of Bitcoin will continue to rise, then this seems like a legitimate use case for stacking Sats and spending some to take some profits on the way up.