Magic Internet Money
By Brad Mills
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Description
My name is Brad Mills, I am a Bitcoiner. I'm an average person, I just got into Bitcoin early. I'm not a coder, I look at this space from the point of view of a regular user. I believe BTC is the best form of money. It’s free speech money. Digital Gold. Programmable money for the age of the Internet, uncensorable, peer to peer cash. A new asset class, a store of value. One of the most important open source inventions of our time, gifted to the world by an anonymous creator whose identity is still not known! I fell down the rabbit hole & have been following Bitcoin since 2011. This podcast is my evolving journey in the world of cryptocurrency as I try to reconcile my bitcoin maximalist philosophy & my respect for the Austrian Economic, Libertarian & Cypherpunk roots of bitcoin's creation with the desire to stack BTC by investing in the rest of the space. I hope you enjoy the conversations.
| Episode | Date |
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Thinking Clearly about the Banking System
02:16:09
Frances Coppola (author of The Case for People’s Quantitative Easing) joins Brad Mills to break down the evolution and inner workings of the financial system. The two walk through the last 100 years of changes to central banks and monetary policy to arrive at the current state of banking in 2020 and beyond. This episode helps contextualize bitcoin in the broader scope of the international financial system by understanding the nuances around money creation and distribution. Time Stamps 00:00:25: Introduction from Brad 00:28:04: Brad introduces Frances Coppola 00:29:40: Central bankers might not know how the financial system works 00:31:05: How lending actually works 00:38:50: What bank reserves on the bank balance sheets do 00:46:30: Difference between fractional reserve banking and current financial system 00:57:05: Discussion on coming off the gold standard and how this changed how money works 01:12:02: How easy it is to create money through quantitative easing 01:20:50: The maturing of assets on the balance sheet 01:29:50: Preventing the collapse of assets in the Great Depression and 2008 01:34:00: Inter bank borrowing, lending, and settlement 01:44:20: The narrative behind how the financial markets responded to the COVID economic crisis 01:50:50: Is the Federal Reserve actually printing money? 02:00:35: Why the repo markets dried up 02:04:10: What happens to stablecoins during crypto crashes 02:07:35: Discussion on Celcius and crypto lending 02:10:05: Wrap up, thank you, and closing thoughts Links to Mentions in the Show London Interbank Offered Rate (LIBOR) Book: Fiasco Book: Central Banking 101 Frances Coppola Social Links Book: The Case For People's Quantitative Easing Brad Mills Social Links |
May 26, 2022 |
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Bitcoin Entrepreneurialism
01:27:05
In this episode, Brad sits down with Anthony "Pomp" Pompliano. Pompliano — colloquially called Pomp, is an entrepreneur, investor and podcast host. He's also one of the most recognizable personalities in crypto — with 1.5+ million followers on Twitter and regularly appearing on TV to debunk misinformation about bitcoin throughout the industry. Pomp has invested over $100 million in tech startup companies, owns Bitcoin, and has often been the voice of reason in Bitcoin diehards' and Bitcoin skeptics' showdowns. He has an initiative called PompCryptoJobs, through which job seekers can connect with industry employers. Pomp and Brad delve into that, some of the shockers in the industry's 2019-2021 cycle, and how to strike a chord among all Bitcoin camps in this episode. Tune in! Timestamps 00:00:00: Intro by Brad 00:04:00: Foray into Bitcoin fees. 00:07:12: Square and CashApp implementing the Lightning network. 00:07:48: Tales of the 2019-2021 crypto cycle 00.17:06: Bitcoin has begun the rise of the global store or value 00:23:07: Lessons on reconciling the varying passions in crypto 00:51:00: Optimizing for more. 00:58:00: How to be more nuanced when spreading Bitcoin knowledge. 01:11:43: Delving into why Bitcoiners should be tolerant of others' positions. 01:19:33: Discussion on emerging personalities that lump NFT projects together with Bitcoin. 01:22:40: Getting Gen Z to get excited about Bitcoin 01:25:00: Which crypto would aliens use if they came to earth? Podcast Mentions Podcast interview with Robert Breedlove
Find Brad Mills on: |
Apr 27, 2022 |
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Zion: The Lightning Social Network
01:18:12
On this episode of Magic Internet Money, host Brad Mills meets with entrepreneur Justin Rezvani to discuss his social media project, Zion. Inspired by a censorship-heavy environment on large social media platforms whose hands are forced by governments, Rezvani introduces a social network that is built on Bitcoin. Mills shares his experiences with the Bitcoin community and concerns with the censorship present on large platforms outside of social media, such as YouTube. Justin discusses his interview with YouTuber JP Sears and other influential voices in the fight against censorship. Time Stamps 00:00:20 - Show start 00:01:00 - Introduction 00:02:35 - Internet censorship and the suppression of free speech 00:14:40 - Twitter spaces, Clubhouse plugs 00:16:11 - Interview with Justin starts 00:21:51 - Leaving the social media giants, addictive algorithms 00:28:40 - The value perspective of new social media platforms, tech companies 00:36:06 - Bitcoin and the future of entrepreneurship 00:43:00 - Justin on his conversation with JP Sears 00:46:01 - Justin’s relationship with Tony Robbins, internet infrastructure 00:51:25 - The strength of companies as builders, market signals 00:58:10 - Capital allocation and patronage for bitcoin tech and culture 01:02:42 - Sovereign social media, webs of trust, decentralised identity 01:16:43 - Outro, social media plugs Links to Mentions in the Show Censorship leads to radicalization Paul Graham’s default alive/default dead Find Justin Rezvani Find Brad Mills |
Mar 25, 2022 |
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Bitcoin, DeFi, and Long-Term Perspectives
01:36:41
Brad Mills talks about the issues he sees in the current Web3 landscape and venture capital’s role in shaping it. He discusses how NFTs, DeFi yield farming, and memecoins are a potential blackhole for uninformed investment money in the long-term. Preston Pysh and Jeremy Rubin join and provide commentary on their positions when it comes to Bitcoin and its relation with DeFi. The group discusses the future of Bitcoin and altcoins within the current world economic framework before opening the floor to questions from listeners. Time Stamps 00:00:10 - Introduction 00:01:07 - VC in Web3 00:08:00 - Dying Money 00:16:30 - Bitcoin is the Lifeboat 00:19:48 - Guest Introductions 00:22:52 - Preston Pish Introduces Himself and His Views 00:28:00 - Jeremy Rubin Introduces Himself and His Views 00:33:15 - Bitcoin DeFi? 00:38:00 - Preston and Jeremy Talk About Lightning Network 00:43:50 - Why Build DeFi on Bitcoin? 00:45:15 - Long-term Probabilities and Short-term Noise 00:53:00 - Yield in Crypto Lending vs. Legacy Options 00:57:51 - Collateralization of Crypto 00:59:53 - Jeremy Talks About DeFi 01:03:34 - Q&A Intro 01:05:16 - Ethereum Transition to 2.0 01:06:14 - Banks and Bitcoin 01:10:16 - What Preston Pays Attention to in DeFi 01:12:28 - What to Invest in Other than BTC? 01:16:51 - Cheering on the Demise of the Dollar 01:20:02 - Next Countries to Adopt BTC 01:21:40 - BTC Developers Leaving Bitcoin 01:26:58 - Bitcoin E-Waste in Future 01:30:04 - Macro Signals 01:34:50 - Closing Remarks Links to Mentions in the Show The Price of Tomorrow by Jeff Booth Guest Social Links Find Brad Mills on: |
Feb 25, 2022 |
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Cape Breton Bitcoin Culture
02:27:36
Brad Mills invites fellow Cape Breton bitcoiners Steven Manley and Dominic onto the show to discuss early adoption of crypto and its relation to Cape Breton culture. Steven talks about his past involving early cryptography, Brad elaborates on the state and history of Cape Breton. Dominic talks about his history retiring from the military and retirement in Cape Breton. The group criticizes governments and their stances on Bitcoin and altcoins, as well as the problems facing not just Bitcoin, but the entire crypto space as regulators come to collect. Time Stamps 00:00:18 - Introduction 00:02:10 - The Post-Trust World 00:08:25 - Show Start and Guest Intro 00:15:04 - Getting into Bitcoin Early 00:19:38 - The current state, Challenges facing Bitcoin 00:27:51 - What is money and the violation of social contracts 00:42:21 - Government relations with cryptocurrencies 00:46:07 - Cape Breton culture 00:52:06 - Bitcoin dominance, relation to altcoins and fiat 00:59:28 - Questioning what money is and government control 01:09:08 - Debt defaults and hyperinflation 01:19:27 - Institutions and speculation, money wrapped up in assets 01:26:01 - Factionalism in the cryptocurrency community 01:32:37 - Bitcoin “a threat to the US dollar”, regulation and institutions 01:42:30 - Trust and altcoin centralization, Bitcoin community vs Altcoin community 01:55:27 - Jack Dorsey, the Twitter API, and relation to Bitcoin 02:02:06 - Bitcoin not going away, life changes, institutional control of finance 02:10:00 - Bitcoin and energy consumption 02:15:40 - Updating away from equalization, Cape Breton modernizations 02:24:03 - Social media plugs and closing remarks Links to Mentions in the Show IMF Concerned about Cryptoization Find Steven Manley Find Dominic Ratelle Find Brad Mills |
Oct 22, 2021 |
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Exploring Brad’s Bitcoin Backstory
02:25:59
This is the second episode with Go Full Crypto podcast hosts Keegan Francis and Mrugakshee Palwe. I managed to do an in-person interview with them in my homeland of Cape Breton, Nova Scotia. The major focus of this podcast was on financial literacy and the structure of the financial system. Keegan and Mruga ask me lots of questions on my backstory. I got to tell stories from my past that give my audience an insight into why I have so much conviction for Bitcoin after bootstrapping my own financial wellbeing in my 20's. This was a really fun episode to film and you get to learn about the Bitcoin journey all three of us have been on. Timestamps (00:00) - Introduction (01:48) - Reintroducing Brad (07:54) - Small Businesses and payment in crypto (13:17) - Are we trending towards a Bitcoin global standard future? (22:36) - Long Term Gain vs Short Term Losses, and the value of your money belief system (37:26) - Canada and Bitcoin (47:03) - Scarcity of resources, and the credit system (1:00:29) - Questioning Tax (1:11:27) - Discussing Regulation, Value, and Modern Monetary Theory (1:38:52) - What is the way forward? Discussing monetary philosophy (2:04:52) - The triggers and motivations that push one to understand money (2:14:34) - Bitcoin Sherpa and Closing Thoughts Keegan & Mrugakshee’s Social Links Brad Mills Social Links Magic Internet Money Instagram Produced by Brad Mills - Twitter, Jason Sanderson - Podcast Tech. Art by Daniel Huddlestone, Show Notes by Go Full Crypto. Other Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto. |
Sep 22, 2021 |
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Bitcoin Fundamentals
01:18:09
Show Notes Brad interviewed Robert Breedlove on Real Vision Finance. This episode is a discussion on Bitcoin fundamentals and how they stack up against all the new features and developments taking place on other blockchain and cryptocurrency projects. Robert brings a deep philosophical approach to the topic of finance in general, always supporting his arguments with much needed historical and psychological context. Make sure to listen to the first 10 minutes of this episode, as Brad tacks on a message for his viewers that is not included in the Real Vision version of the episode. Timestamps 00:00:00: Extended intro from Brad to the audience of MiM 00:10:45: Money comes and goes, but time only goes 00:14:18: Show start 00:16:07: Robert Breedlove Introduces himself 00:19:10: Bitcoin 101 & Inflation is theft explanation given by Breedlove 00:26:30: Bitcoin vs Crypto 00:35:20: Why learn more about Bitcoin? Is it old tech? 00:38:20: Competing with Bitcoin as money. Crypto vs. Bitcoin. Breedlove makes comparisons between Bitcoin vs Ethereum and Blackberry vs iPhone 00:41:11: Analogy of the internet 00:46:30: Is the market rational? 00:54:20: Do your friends take your advice on what to invest in? 00:56:44: Hedging Strategies for Bitcoiners 01:04:50: Are Bitcoin Maximalists Evil? Discussion on how to deal with faster and faster change. 1:12:40: Recommendations for who to listen to in the bitcoin space 1:15:02: End of episode + outro Robert Breedlove’s Social Links Brad Mills Social Links Magic Internet Money Instagram Produced by Brad Mills - Twitter, Jason Sanderson - Podcast Tech. Art by Daniel Huddlestone, Show Notes by Go Full Crypto. Other Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto. |
Aug 25, 2021 |
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Coffeezilla on Tether and Bitcoin
01:18:05
Coffeezilla joins Brad to dig into his motivation for creating the "Exposing Tether" video on YouTube. The two discuss Coffeezilla’s own crypto story, and what made him produce videos that expose scams. Coffeezilla provides a healthy sense of skepticism, and criticism for tether, while Brad drips historical context and commentary throughout. Timestamps 00:00:00 Intro to Coffeezilla 00:07:38 Intro convo between Brad and Coffeezilla 00:10:13 how did Coffeezilla get into the crypto space? (Analysis of scams) 00:12:45 Coffeezilla getting interested in Tether 00:14:15 Tether’s lack of transparency 00:15:35 what was the biggest scam that Coffeezilla uncovered 00:16:50 Coffeezilla’s background 00:18:42 Type of content Coffeezilla covers on his channel 00:20:13 Bitcoin maximalism toxicity 00:23:06 Robert Breedlove and bitcoin 00:27:38 What is Bitcoin’s thesis to Brad? 00:33:11 Coffeezilla’s bitcoin thesis 00:34:56 Facebook, Google, and Surveillance Tech 00:35:40 Centralization in money 00:36:54 Coffeezilla’s opinion on decentralization 00:38:57 Projects before Bitcoin 00:39:33 Will Bitcoin survive regulations? 00:43:00 Executive Order 6102 on Gold 00:44:34 The technology behind Bitcoin and its competitors 00:49:26 How is Bitcoin solving inequality? 00:53:35 Is Bitcoin not subject to Inflation? 00:58:17 Talking about Tether video made by Coffeezilla 01:02:08 Silk Road and Ross Ulbricht 01:08:25 Coffezilla’s and Brad’s opinion on Tether 01:15:38 - Wrapping Up Coffeezilla’s Social Links Brad Mills Social Links Magic Internet Money Instagram Produced by Brad Mills - Twitter, Jason Sanderson - Podcast Tech. Art by Daniel Huddlestone, Show Notes by Go Full Crypto. Other Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto. |
Jul 26, 2021 |
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Bitcoin, Money Printing, and the Economic Problems of Today
03:26:39
Junseth joins Brad Mills for a discussion about economics and finance. Some think that many of the world’s problems can be traced back to the federal reserve, and the printing of money. Junseth makes a cogent argument throughout that things are a bit more nuanced than this perspective would lead you to believe. Many financial concepts are discussed in this episode, making it an ideal listen for those of you wishing to gain a broader understanding of market dynamics and macro economics. Savings, derivatives, Doge, DeFi, and of course, Bitcoin are all discussed within! Timestamps 00:00:00 - Intro 00:01:22 - Junseth introduction and Bitcoin Conference 00:03:12 - Bitcoin Maximalism vs Crypto 00:05:40 - Junseth’s History with Bitcoin Uncensored Podcast 00:08:00 - How to be a good trader 00:09:36 - Elon Musk to take over Dogecoin 00:11:05 - No Oracles in Bitcoin 00:11:55 - The Mission of Junseth 00:14:58 - DeFi is a lot like a ponzi scheme 00:17:38 - Money and the Federal Reserve 00:19:50 - Junseth says we might be in a deflationary period 00:21:32 - Bitcoin is the thing itself that is valuable 00:23:20 - Applying politics to Bitcoin and modern monetary theory 00:25:40 - Will the government collapse? Or just the dollar? 00:26:42 - Civil war between Conservatives and Liberals 00:28:40 - Bitcoin as an end of the world hedge 00:29:38 - El Salvador experiment conversation about the USD 00:32:20 - Bitcoin reinvents the entire monetary infrastructure 00:35:40 - Making more sense to take on as much debt as possible 00:37:00 - Is inflation real? Is there actually inflation around? Where can we find inflation 00:41:26 - Are salaries rising at the same pace as inflation? 00:43:02 - Quality of life going up over time, easier to buy a good computer for cheaper today 00:45:40 - Where is inflation showing up in the economy? 00:48:50 - Collectibles and Investments in the economy. The power of index funds, and diversification. 00:52:40 - Story of FedEx employee who saved and indexed for 50 years 00:55:25 - Did the federal reserve unwind the quantitative easing that they did? 00:57:00 - Why does the federal reserve target inflation at 2%? 01:00:30 - Managing a portfolio to always be in the asset that is likely to go up 01:02:00 - Who benefits from inflation? Inflation is a tax on foreign companies holding USD. 01:04:40 - People 50 years ago were much more entrepreneurial 01:05:30 - Millennials have more savings than any other generation that has come before 01:06:50 - Renting vs Owning. Can millennials own houses with their current income/wealth level? 01:09:55 - Government Policy is the cause for irresponsible loans 01:11:41 - Putting money in Bitcoin vs stock market in 2011. How much risk would each be? 01:13:20 - Bitcoin is an asymmetric risk. Good opportunity for young people. 01:14:35 - Bitcoin is digital gold, and Brad was buying silver, gold, and also Bitcoin. 01:16:50 - Why does Junseth think Bitcoin is going up? 01:19:00 - How to buy a house with 3% down in Canada vs the USA. Index Funds vs House. 01:27:30 - Brad’s case for why things are not going to continue in the “business as usual” fashion. 01:31:30 - What does it look like for the stock market or economy to take a turn? 01:33:30 - Is there a lot of suffering nowadays? 01:43:01 - Would people care about the economy if they knew how it worked? 01:47:30 - Discussion on Libertarianism, UBI, and Milton Freedman 01:53:22 - Do people hold dollars? Junseth says most people don’t hold dollars 01:58:20 - Discussion on whether or not money printing causes all bad things? 02:04:00 - The morality of how money is made 02:07:03 - Buffet getting a call from the fed when the 2008 crash occurred 02:10:33 - Rich people suffer more during a market downturn 02:14:44 - Kids and graduating college kids are roped into credit card debt 02:17:30 - In depth discussion on brads upbringing, and his experience with debt 02:24:55 - Credit card debt is not collateralized, so you never need to pay it back 02:29:02 - Fractionalization of money within the banking infrastructure 02:33:50 - Do bank executives make too much money for their position? 02:39:22 - Discussion as whether or not you can own volatility 02:49:50 - What are derivatives? How did derivatives play into the 2008 crash? What are inside collateralized debt obligations? 03:00:00 - The five things to fix society! 03:03:45 - Discussion on COVID-19 and its causes, elaboration on crisis 03:12:55 - Brad brings things back to the central bank printing money 03:20:00 - Wrapping up, Closing Thoughts Links to Mentions in the Show Find Junseth Find Brad Mills Magic Internet Money Instagram Produced by Brad Mills - Twitter, Jason Sanderson - Podcast Tech. Art by Daniel Huddlestone, Show Notes by Go Full Crypto. Other Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto. |
Jul 19, 2021 |
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Lightning on the Bitcoin Beach Wallet
00:57:45
Nicolas Burtey joins Brad to discuss what it is like building the Bitcoin Beach Wallet on the Lightning Network. Nicolas is the co-founder of Galoy Money, a company that works on bringing the lightning network to the people who need it, through open sourced, community based applications. This episode covers a range of topics including Bitcoin Beach, Lightning Network Scalability, and the merits of building on lightning in the midst of the DeFi frenzy. Nicolas brings his perspective as someone who has worked on VR, then Ethereum, then dedicating his time exclusively to Bitcoin. Timestamps 00:00:00: Podcast Start and Introduction 00:03:40: Nicolas’s Introduction and conversation begins by talking about Bitcoin Beach 00:05:50: Nicolas’s backstory as someone who got into VR, then cryptocurrency through Ethereum 00:09:07: Nicholas starts looking into the lightning network from a payments perspective 00:14:32: Investors are sleeping on the lightning network, DeFi attracting Investors through deceptively enticing ROI 00:18:25: What it is like building on the lightning network 00:24:02: Building the Bitcoin Beach community with Michael Peterson 00:27:20: Discussion on Custodial vs Non-Custody Wallets. Bitcoin Beach Wallet is Custodial and acts as a sort of Community Bank 00:29:00: How is the Wallet of Satoshi scaling? 00:31:28: Economics of El Zonte and El Salvador 00:35:20: People trading in El Salvador, should people even try trading? 00:37:38: What does it take to scale the Bitcoin Beach Wallet? 00:40:50: How to help with the Bitcoin Beach Wallet project 00:42:10: Thirty communities have reached out to the Bitcoin Beach Wallet. What is the future of the lightning network in these communities? 00:44:00: Translation of Bitcoin content into various languages 00:47:04: Bitcoin Lessons building bite sized Bitcoin educational material 00:49:52: People travelling to El Salvador to help with Bitcoin education 00:52:01: How to help out with the Bitcoin Beach Wallet. Brief discussion on Proof of Reserves, Liquidity on the Lightning Network. 00:55:00: Outro, thanks and pitch to invest in Lightning Network Companies Links to Mentions in the Show Guest Social Links Brad Mills Social Links Magic Internet Money Instagram Produced by Brad Mills - Twitter, Jason Sanderson - Podcast Tech. Art by Daniel Huddlestone, Show Notes by Go Full Crypto. Other Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto. |
Jun 28, 2021 |
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Real Vision and Finance
01:47:06
In this episode of Magic Internet Money, host Brad Mills invites Coindesk editor Ash Bennington onto the show to talk about Real Vision, Ash’s online web show about the world of finance. The duo discuss Ash’s experience at Coindesk and during the Dotcom bubble in the late 90’s. Brad questions Ash on the part he plays in his own show, most notably as a neutral voice between guests. Ash offers his thoughts on blockchain technology and how the digitization of finance, like everything else digital seems inevitable. Time Stamps 00:00:31 - Introduction 00:04:10 - What is Real Vision? 00:07:32 - How Ash got into crypto 00:15:27 - Differences between financial journalism and media 00:18:18 - Token speculation and securities discussion 00:24:58 - Comparison between blockchains and traditional finance 00:31:33 - Security protocols and blockchain upgrades 00:37:40 - Social media influence on markets, their effects 00:45:03 - Benefits of blockchain technology 00:49:46 - Game theory and governments 00:56:57 - Bitcoin philosophy and related questions 01:01:02 - History of centralized banks and decentralized finance 01:08:05 - Risk and how institutions manage it 01:13:20 - The fed and the pandemic 01:17:00 - “How is the banking system not on the brink of collapse?” 01:28:00 - Reducing cost of goods, rising cost of education, health 01:31:35 - Twitter question for Ash, future speculation and goals 01:37:29 - 2001 bubble analogies, then and now 01:45:08 - Closing remarks Links to Mentions in the Show Distributed Ledger Technology (DLT) The Creature from Jekyll Island Find Ash Bennington Find Brad Mills Magic Internet Money Instagram Produced by Brad Mills - Twitter, Jason Sanderson - Podcast Tech. Art by Daniel Huddlestone, Show Notes by Go Full Crypto. Other Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto. |
May 21, 2021 |
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Why Buy Bitcoin
01:34:50
On this episode of Magic Internet Money, host Brad Mills invites Why Buy Bitcoin author Andy Edstrom onto the show to discuss the potential that Bitcoin has in the world of finance. The two open with a discussion about “number go up (NGU)” tech and Andy’s book. Brad asks Andy for his take on how institutional backing stands to benefit Bitcoin. Andy talks about debt structure and his experience in finance and how working with institutional players educated him with insight into how modern markets work. Finally, the two wrap up with a discussion about what governments at local and international levels are doing to handle the current economic situation. Timestamps 00:00:07 - Intro 00:01:30 - Show start 00:05:50 - “NGU tech” and writing Andy’s book 00:10:22 - Institutional buyers and game theory 00:16:48 - Financial planning in an institution vs as an individual 00:24:10 - Bitcoin and equal opportunities 00:27:24 - Speculation on altcoin and bitcoin futures 00:37:40 - Balance in finance; staying diverse in turbulent markets 00:40:31 - Andy’s “worst investment ever” and “If I had 1000 bitcoin” 00:49:50 - Debt structure and Michael Saylor 00:57:40 - Newcomers to Bitcoin and risk 01:03:40 - Discussion about Andy’s book and time with crypto 01:07:40 - The Californian exodus and the politics of taxation 01:15:45 - “What could governments do?” Japanese central banking 01:22:11 - Speculation about institutional money holders 01:29:43 - Ethical case for Bitcoin 01:32:20 - Closing remarks Links to Mentions in the Show Negative interest rates in Japan Find Andy Edstrom Find Brad Mills Magic Internet Money Instagram Produced by Brad Mills - Twitter, Jason Sanderson - Podcast Tech. Art by Daniel Huddlestone, Show Notes by Go Full Crypto. Other Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto. |
May 04, 2021 |
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Bitcoin Breaking Into Traditional Finance
02:08:20
Brad Mills invites financial expert Greg Foss onto the show to talk about Bitcoin breaking into traditional finance. Greg discusses his 30 years of experience in the field of engineering and finance. Greg further explains to Brad the differences between a closed end fund and an ETF, and why a closed end fund in Canada is a big step for Bitcoin. The two debate about the current financial system; Brad on the side that it’s a ponzi scheme casino and Greg on the side of mathematics. Finally the duo speculate about the current state of the Canadian economy, and what Bitcoin might be able to do to help. Timestamps 00:00:07 - Introduction 00:02:23 - Show start 00:04:44 - QBTC vs Bitcoin, what’s the difference? 00:07:04 - The importance of tax deferred accounts permitting Bitcoin 00:14:11 - Differences between an ETF and a closed end fund 00:22:10 - Archegos “black eye on the US hedge fund community” 00:25:17 - Currency Wars discussion and other book recommendations 00:28:00 - The Casino for whales debate 00:37:34 - A brief economic history lesson about Rogers Communications 00:44:44 - Credit rating arbitrage discussion 00:48:05 - Shareholder profits, taxpayer losses. 00:55:40 - Understanding capital structure and the regulated market 01:04:00 - Quebec pensioners and lessons about risk 01:08:40 - The higher perspective of the regulated economy 01:12:45 - Bitcoin as default protection 01:15:55 - Why do banks have equity? 01:19:43 - Toxic debts and brady bonds conversation 01:28:55 - How equalization affects Canadians 01:33:05 - What if Canada owned Bitcoin? 01:36:04 - The Alberta situation and Canadian economic speculation 01:40:14 - Discussion on the adoption of Bitcoin 01:47:25 - Validus Power Company discussion 01:52:10 - Bitcoin and it’s relation to traditional finance giants, MMT 02:00:50 - Closing remarks about gold 02:04:39 - Outro and social media plugs Links to Mentions in the Show Currency Wars by James Rickards What is credit rating arbitrage? Find Greg Foss Find Brad Mills Magic Internet Money Instagram Produced by Brad Mills - Twitter, Jason Sanderson - Podcast Tech. Art by Daniel Huddlestone, Show Notes by Go Full Crypto. Other Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto. |
Apr 27, 2021 |
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The Price of Tomorrow
01:04:02
In this episode, Brad teams up with Jeff Booth, author of 'The Price of Tomorrow' and one of the leading voices on technology and its impact. His book delves into how technology brings forth abundance and the danger of holding onto the economic systems of the past. As a person who's worked in the technology space for over 20 years and is an avowed Bitcoiner, Jeff has some interesting insights to share on how those two fields intersect. The two talk about the long-term impact of money printing, why Bitcoin is superior, and why deflation is a good thing for economies. Plus, how does Elon Musk balance allegiances to Bitcoin and the Fiat money world? Timestamps 00:00:00 - How does Jeff balance being an entrepreneur and the whole media circuit? 00:01:59 - The conviction of any entrepreneur, and Elon Musk nearly lost Tesla 00:04:26 - Lessons from Jeff's parents after they lost real estate in the '80s 00:07:36 - Why inflation is hidden tax - that enriches the 1% 00:18:53 - Universal basic income is against the concept of free markets 00:26:39 - Bitcoin is not the backup plan – it's the plan 00:40:26 - What could Elon Musk's thought process be on Bitcoin? 00:47:25 - Bitcoin's more than just about price 00:48:00 - What would it have been like if we'd been on a deflationary currency since the gold standard? 00:53:06 - There's no place you can hide if 90% of humanity lacks the basics and 5% has everything 00:55:53 - AI and drug experimentation/ breakthroughs 00:58:21 - How was it like for Jeff to speak to the House Of Commons about Bitcoin? 01:02:08 - How does Jeff's wife perceive Bitcoin? Podcast Mentions The Price of Tomorrow (Book by Jeff) Humans Need Not Apply (book) Artificial general intelligence Elon Musk's "Bitcoin is almost as bs as Fiat money" tweet Find Jeff Booth on: Find Brad Mills on: Magic Internet Money Instagram 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. |
Apr 20, 2021 |
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Popping the NFT bubble
01:27:33
In this episode of Magic Internet Money, host Brad Mills invites fellow podcaster Jordan Harbinger onto the show to discuss NFTs, second passports, taxation, and money laundering. Both parties agree on the speculation that NFTs are a tulip style bubble, but are here to stay. The duo share their experiences paying taxes in the cryptocurrency space. Jordan explains how tax evasion is nearly pointless with Bitcoin, since the point of the blockchain is accountability. Jordan also offers his experiences in scam busting, and explains how NFTs could be a new gateway for money launderers akin to money laundering in the art collecting business. Finally, the two discuss the possibilities of second passports in the event of government overreaching for crypto assets. Timestamps 00:00:34 - Show start/Collectable value 00:12:38 - Asset allocation with Bitcoin and related assets 00:19:25 - NFT bubble speculation 00:26:39 - Current Bitcoin trend, what it would take to change it 00:33:03 - How circumstances affect how deep into Bitcoin you should go 00:36:18 - “The demise of the stock market” and speculation about the fed 00:39:45 - The value of diversifying assets and self investment 00:44:40 - How the podcast market shifted during the pandemic 00:48:34 - Who’s talking about NFTs? 00:58:35 - Jordan’s story about Ethereum 01:03:00 - Measuring in Bitcoin terms 01:13:05 - Taxation and Bitcoin 01:18:55 - Speculation about “government overreach” 01:24:08 - Closing remarks and social links Links to Mentions in the Show ICOs and why they’re important Find Jordan Harbinger Find Brad Mills |
Apr 02, 2021 |
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The Future of NFTs
01:20:36
In this episode of Magic Internet Money, host Brad Mills invites lead editor of BoxMining.com, Michael Gu onto the show to discuss the recent NFT boom. Brad warns it’s a “tulip style bubble”, but remarks it’s a technology that’s here to stay. Michael offers his experience working in the field of gaming as an example of the future of NFTs. The two discuss how the field of collectables and art sales could be changed by the adoption of NFT technology. Brad and Michael speculate on altcoins, the effects from macromarkets on crypto, and the philosophy of Bitcoin. They further speculate on the future of crypto asset based games and what a successful model for one might look like. Timestamps 00:00:43 - Show start 00:00:56 - The NFT bull market 00:04:59 - Ethereum’s relationship to NFT 00:08:40 - Game assets not a model for NFTs 00:13:08 - History between ETH and BTC 00:17:58 - Bitcoin maximalist philosophy 00:21:23 - Maximalism and motivations in life 00:24:12 - Risk among cryptocurrencies 00:31:50 - Risks for newcomers in the crypto space. “Degen pits”. 00:39:00 - Anti-altcoining and the debate around it 00:43:04 - Macro markets and their relation to Bitcoin 00:46:36 - Infinite Fleet and NFT video game assets 01:00:27 - The metaverse and the economic side to gaming 01:05:10 - The collectables market 01:12:03 - Crypto games and non-crypto games 01:15:06 - Recommendations about Bitcoin and NFT 01:20:14 - Closing remarks and outro Links to Mentions in the Show Find Michael Gu Find Brad Mills: |
Mar 26, 2021 |
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Exploring NFTs
01:11:33
In this episode of Magic Internet Money, host Brad Mills invites NFT (Non-Fungible Token) specialist and art collector, Steve Wand to the show to discuss the recent boom in NFTs. Steve explains what NFTs are and his experience with virtual assets and collectables pre-NFT. For the unaware, the short version is that NFTs are a blockchain signature that can be attached to digital items and then sold. Wand discusses a little bit about the “metaverse”; the concept that the digital space will increasingly resemble meatspace. The two share their history with virtual economies from video games like World of Warcraft to various blockchain projects. Timestamps 00:01:39 - Show start and introducing NFTs 00:05:08 - Cryptopunks and past NFT projects 00:07:07 - The value found in digital assets 00:14:10 - Altcoins and tokens; why NFTs are different 00:18:27 - Ethereum struggles and digital art 00:23:07 - Potential NFT bubble 00:30:00 - Virtual real estate and other digital goods 00:36:56 - Future use cases for token technology 00:49:32 - Future speculation 01:09:32 - Social media plugs and wrap up Links to Mentions in the Show Find Steve Wand: Find Brad Mills: |
Mar 19, 2021 |
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Opting Out of Unfair Systems
01:10:54
In this episode, Brad is joined by Justin Rhedrick, a.k.a Bitcoin Vegan. As a Bitcoin maximalist, a black man, and an ex-prisoner, Justin's Bitcoin story provides a unique perspective that's world's apart from that of the average Bitcoiner. After getting out of prison, Justin discovered Bitcoin through his grandfather, then his friend Isaiah Jackson (Zay). His story is one of resilience, grit, and Bitcoin at the end of the tunnel. As a guy who went to prison, the traditional system is not exactly amenable to him. Luckily, Bitcoin is a way to opt out. Tune to hear Justin's inspiring story, as well as his and Brad's takes on issues currently surrounding Bitcoin. Timestamps 00:00:00 - Justin on why Clubhouse is a firsthand experience on all things Bitcoin 00:02:29 - Misconceptions about Bitcoin that won't die 00:04:41 - How everyone is asking about Doge on Clubhouse, and 'toshis' 00:07:41 - Brad's 75-day challenge including buying Bitcoin every day 00:09:51 - Justin on why Bitcoin is like Floyd Mayweather 00:20:42 - As a vegan, is Justin mad about "No Keys, No Cheese"? 00:24:29 - Justin's story - his comeback story powered on by Bitcoin 00:40:32 - Brad and Justin's experiences with judgment in the Fiat system 00:48:05 - On Charlie Shrem, Ross Ulbricht and Roger Ver 00:51:00 - Slavery in prisons, and opting out of unfair systems with Bitcoin 01:02:52 - Why Justin and Charlie Shrem should do a podcast together 01:07:40 - Justin's social media plugs Podcast Mentions How Money Got Free, Book Find Justin Rhedrick on: Find Brad Mills on: |
Mar 12, 2021 |
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Bitcoin, Dogecoin, and Outrage Culture
00:55:23
Brad is joined by friends Bryan O’Gorman and Nick Beaton for a fun comedy style podcast. Bryan and Nick come to Brad with fresh questions from a beginners perspective after the recent run up with Bitcoin. This episode has topical conversations on Outrage Culture and how it is affecting the comedy scene. Additionally, the trio discusses Elon Musk and his endorsement of Dogecoin. Brad layers this discussion by always bringing things back to Bitcoin. Tune in for good memes, and great fun. Timestamps 00:00:00 - Show Start 00:02:35 - Introductions 00:04:02 - Are you thinking of Buying Bitcoin? 00:06:25 - Bitcoin is up 15x in 18 months 00:06:51 - Nick Buys Bitcoin with Brad’s Bitcoin Card 00:08:30 - AMC Stock Vs. Bitcoin (Company vs. New Money) 00:09:40 - Brad’s Thoughts on Dogecoin 00:12:37 - “Have fun Staying Poor” 00:14:38 - Stocks vs Bitcoin. World Transferring its Wealth into Bitcoin. 00:16:50 - Toilet Paper Fiasco of 2020 00:17:24 - Everyone has too much Debt “Everybody’s Leveraged way too much, because money is just debt, people are overleveraged”. 00:23:00 - Discussion on Black Lives Matter & Outrage Culture 00:28:25 - Two Scenarios for the Future 00:33:30 - Can you Buy Things with Bitcoin? Brad gives the Satoshi Gospel 00:36:20 - Thinking in Dollars 00:37:25 - Bryan: Should I wait for a Dip? 00:41:40 - Where is Comedy Going? Discussion on Comedy in COVID era 00:49:40 - Real Advice for Bitcoin 00:51:05 - Canadians can get Tax Free Gains on Bitcoin 00:53:50 - Nick and Bryan’s Financial Plan for the Next Time They Meet 00:55:15 - Outro Links to Mentions in the Show Find Bryan O’Gorman Find Nick Beaton Find Brad Mills: Magic Internet Money Instagram 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. |
Mar 05, 2021 |
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Bitcoin and Black America
01:02:16
On this episode of Magic Internet Money, host Brad Mills invites Isaiah Jackson onto the show to discuss how Bitcoin is benefitting the black community. Isaiah informs Brad of how racism is baked into the financial system. Isaiah explains the resistance in the black community towards libertarian mindsets and adopting Bitcoin. The duo discuss their experience in educating others about Bitcoin, including Soulja Boy who has recently inquired about the currency. Timestamps 00:00:20 - Introduction 00:03:05 - Show start 00:04:10 - Introducing Isaiah Jackson 00:13:37 - The claim with “you got lucky” 00:16:25 - Black Bitcoin Billionaires 00:23:22 - Bitcoin’s early scene and why didn’t more black people join 00:27:19 - Isaiah’s experience with Bitcoin and the black community 00:34:02 - Financial racism towards the black community 00:41:32 - Soulja Boy asking about Bitcoin 00:48:40 - The Tulsa massacre and group economics 00:50:55 - Closing remarks and advice 01:00:42 - Social media plugs Links to Mentions in the Show Soulja Boy investigating Bitcoin Find Isaiah Jackson Find Brad Mills Magic Internet Money Instagram 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. |
Feb 26, 2021 |
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Occupy Wall Street 2.0
01:00:44
On this episode of Magic Internet Money, host Brad Mills invites fellow podcasters Max Keiser and Stacy Herbert onto the show to discuss the stock market fiasco caused by r/WallStreetBets. The group discusses how it resembles the 2008 housing bubble and other stock market crashes. Max passionately defends Millennials and Generation Z’s “right to compete”. Brad discussed the history of fraud that Wall Street bankers have dabbled in over the years and the fallout of those controversies and how they related to the Gamestop Short. Time Stamps 00:00:19 - Intro 00:02:21 - Show start 00:04:10 - What is shorting? 00:11:20 - Why did Millennials buy GME? 00:16:18 - How GME resembles 2008 00:19:45 - The Bailout Chain 00:21:14 - Citadel, RobinHood, and how dominoes fall 00:24:00 - Occupy Wall Street in cyberspace 00:28:48 - Market rigging software 00:31:40 - London: the capital of fraud 00:35:18 - What could crash markets? 00:42:00 - Banking crisis 00:47:55 - How banks “killed Greece” 00:50:51 - “Bitcoin is the best way to do battle against crooks” 00:53:03 - Bitcoin vs “Shitcoins” 00:57:53 - “Attack on the Capital in cyberspace” and closing remarks Links to Mentions in the Show How are Melvin, Citadel, and RobinHood Related? Find Max Keiser
Find Stacy Herbert Find Brad Mills: Magic Internet Money Instagram 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. |
Feb 24, 2021 |
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Bitcoin Only vs ETH/DeFi/Altcoins
01:32:40
In this episode, Brad taps Ivan Brightly to analyze Bitcoin's current crazy rally and its lifting of altcoins with it. Ivan is Brad's friend, fellow Bitcoiner, and investment partner. He was also an early partner at Mike Novogratz's crypto investment firm Galaxy Digital. The two get into one of the space's most touchy debates: should you put your money in Bitcoin only, or should you bet on altcoins as well as DeFi? Some sections of DeFi have raised eyebrows as some people question whether it's really about 'decentralizing finance' or if there's more than meets the eye. Tune in to hear the two's (often contrasting) stances on this and more. Timestamps 00:00:00 - Intro by Brad 00:03:31 - On 'Bitcoin freeriding', recent 51% attacks and the BTC/BCH war 00:22:50 - Blockchain applications are cool, but do we need all these accompanying tokens? 00:25:50 - Is DeFi really about helping people? 00:34:41 - Lightning Network's privacy or lack there of it 00:46:44 - The thing with 'DAO's 00:52:51 - Are tokens going to replace equity? 00:57:00 - Brad's strong case for Bitcoin-only investing 1:24:55 - Ivan and Brad's closing arguments on whether you should go Bitcoin-only 1:29:35 - Why you should check out the Lightning Network Ivan Brightly and Brad Mill's First episode Mike Novogratz of Galaxy Digital Satoshi's disapproval of WikiLeaks' use of Bitcoin Monero Sybil attack, Bitcoin Gold, and Firo's 51% attacks Uniswap and Sushi Swap DeFi protocols Find Ivan Brightly on: Find Brad Mills on: Magic Internet Money Instagram 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. |
Feb 11, 2021 |
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The Fourth Turning, Mycelium networks and Bitcoin
01:36:08
On Episode 35 of Magic Internet Money, host Brad Mills invites Brandon Quittem on the show to talk about mycelium networks, a generational theory called The Fourth Turning, and the global financial system. Brandon introduces himself and his background in yoga and travelling India for four years. He transitions into the discussion about how Bitcoin resembles mycelium networks and functions not unlike a living organism. Brad remarks that after learning about the cordyceps mushroom, Bitcoin “takes over your brain” like the zombifying fungus. Brandon explains what The Fourth Turning is to Brad, and the patterns that occur between generations reveal themselves. Brandon believes we are in the midst of a Fourth Turning at this time, and discusses a forecast of events to come. Things such as the possibility of a civil war in America, but not in the traditional sense and a “Bitcoin renaissance”. Time Stamps 00:02:36 - Introduction 00:03:54 - Brandon’s background and mycelium 00:15:25 - Bitcoin as a mycelial network 00:21:30 - Bitcoin takes over your brain and adoption 00:27:33 - The Fourth Turning 00:38:40 - Climax of The Fourth Turning 00:43:20 - Popular culture defined by the left 00:49:30 - Minneapolis protests and contemporary rhetoric 01:02:18 - Trump possibilities and the left 01:07:16 - Bitcoin Renaissance 01:09:40 - Benefits of Bitcoin 01:15:00 - Bitcoin is a peaceful revolution 01:20:30 - The alt-coin question 01:25:30 - Bitcoin resources 01:34:28 - Outro Links to Mentions in the Show Ralph Merkle and Bitcoin as a living thing Donald Trump banned from twitter The largest wealth transfer ever Find Brandon Quittem Find Brad Mills: Magic Internet Money Instagram 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. |
Feb 04, 2021 |
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GoFullCrypto Crossover Episode
01:49:21
In this episode, Brad is joined by Keegan Francis and Mrugakshee Palwe. Keegan and Mrugakshee are behind Go Full Crypto, a podcast and service that helps people transition into crypto. Mrugakshee, being a woman from India, represents the diverse faces in Bitcoin and crypto. As a native of India, what are her Bitcoin lessons? Tune in for this and everything including financial self-custody, hyperbitcoinization, CBDCs, and more. Timestamps 00:00:00 - Intro by Brad 00:03:38 - How Brad discovered and connected with Keegan and Mrugakshee 00:06:33 - Brad on engaging with diverse Bitcoin voices onwards 00:10:03 - Bitcoin and taxation, libertarianism, and how about pushing Bitcoin on marginalized Cape Breton 00:21:33 - Social disparities Bitcoin can fix - personal experiences by Mrugakshee and Brad 00:34:41 - Discussion on Bitcoiners and the need for empathy 00:40:40 - Delving into hyperbitcoinization and how it would manifest 00:42:57 - Chat on self-custody of keys and role of encryption in self-sovereignty 00:48:43 - Keegan and Mrugakshee on their families' attitudes towards Bitcoin 00:51:23 - Politics of universal wealth distribution and achieving universal Bitcoinization 1:17:13 - Pivot into central bank digital currencies (CBDCs) 1:19:35 - Human rights and privileges and whether Bitcoin's a cure-all 1:37:08 - Elevator pitch by all three on why you should look into Bitcoin 1:44:05 - Where to find all three Podcast Mentions Isaiah Jackson on Go Full Crypto Story of Dan Clarke on Go Full Crypto Ansel Lindner on Magic Internet Money How to Get Filthy Rich in Rising Asia Money, Bitcoin and Time blog by Robert Breedlove The Big Short, movie Find Keegan & Mrugakshee on: Find Brad Mills on: Magic Internet Money Instagram 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. |
Feb 02, 2021 |
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Expert Bitcoin Analyst Willy Woo
01:35:03
Magic Internet Money: Willy Woo In this episode, Brad is joined by one of world’s most popular personalities: Willy Woo. Willy has over 200,000 followers on Twitter and is Substack's currently best-rated investment newsletter. Most people know Willy as the on-chain analyst, but they haven't gotten the chance to hear him one on one. He talks for the first time about last March's Adaptive Capital shut down, as both reveal their stake in the fund and how they rode out the fallout. Tune in for illuminating discussions on more Bitcoin trends. Timestamps 00:01:00: Introduction by Brad 00:03:17: Willy's newsletter, 00:04:45: Willy on BTC's current bull run 00:14:09: Willy's analysis of the direction of exchanges' traffic 00:16:29: Willy's newsletter and his on-chain analysis 00:19:00: Discussion on Bitcoin’s fit into Willy's personality spectrum 00:28:26: The Satoshi mystery 00:31:31: Willy's first foray into investing 00:55:21: 'Stoic philosophy' and Zen 01:02:46: Willy's approach to the recent financial crisis 01:06:30: Adaptive Capital's and lessons learned 01:15:15: Bitcoin's cycles 01:31:41: Brad's 75-day challenge 01:32:53: Where to find Willy on social Podcast Mentions Microstrategy buying of Bitcoin Blackrock's endorsement of Bitcoin Willy's cool "Shit runs downhill" chart Proof of Keys, Trace Mayer Laura Shin, host of Unchained Podcast Adaptive Capital closure Find Willy Woo on: Find Brad Mills on: Magic Internet Money Instagram 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. |
Jan 21, 2021 |
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Ivan Brightly as the Super Bitcoin Bull
01:07:24
In this episode of Magic Internet Money, host Brad Mills discusses guest Ivan Brightly’s time being partnered with Galaxy Digital. Galaxy began as a hedge fund that has since shifted its scope to become the “Goldman-Sachs of Crypto”. Ivan discusses his experience with the company before his departure in January. The pair discuss the impact that ETFs are having and may continue to have on cryptocurrency markets. In addition to that impact, ETFs have the potential to bring centralization to the market. Brad and Ivan debate about Coinbase being anti-bitcoin and whether or not it remains true to libertarian philosophies. Finally, the two share their lessons learned over the past few cycles and share their crypto portfolio experiences. Time Stamps 4:20 – “Saylorization” of the investment class and cipherpunk values 10:20 – The Risk of government intervention 22:53 – Importance of ETF 38:20 – Options about GBTC/QBTC 57:30 – Lessons learned over past cycles Mentions from the Show Ben Hunt’s podcast, Epsilon Theory Chaincode and Blockstream developer tools
Find Ivan Brightly at: Brad Mills Social Links Magic Internet Money Instagram 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. |
Jan 16, 2021 |
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Dismantling Financial Apartheid
01:08:00
In this episode, Brad Mills, host of the Magic Money Internet Podcast, is joined by Ray Youssef, the founder of Paxful. The two discuss a range of topics during this episode such as Bitcoin, Africa, and the story of how Ray founded Paxful. Today, Paxful is a network with more than 5 million global users, with more than half of them from the continent of Africa. Tune in to hear how Ray Youssef goes from being a serial entrepreneur, to founding the Paxful network, to dismantling Financial Aparthied. Time Stamps 0:2:15: Introduction 0:0:09: Ray’s Journey with Bitcoin 0:7:31: Ray’s Experience with Regulators 0:10:10: Discussion on Financial Aparthied 0.16:08: Bitcoin vs Stablecoins and Opportunities in Africa 0:21:56: Sanctions Against Paxful 0:27:32: Paxful Fees and Volumes 0:28:10: Paxful Education Goals and Customer Support 0:35:07: Paxful's Affiliate Program 0:36:33: Paxful’s Expansion in 2021 0:41:46: Paxful in India 0.46:33: Paxful Daytraders 0:53:11: Managing Paxful on a Day to Day Basis 0.57:33: Ray’s Leadership Values 1:03:08: How to Engage with Paxul, Show Summary, Social Podcast Mentions Hawala peer-to-peer system Chaincode Labs residency India's crypto ban and subsequent lifting Find Ray Youssef on: Find Brad Mills and Magic Internet Money on: Magic Internet Money Facebook 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. |
Jan 12, 2021 |
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How Does Bitcoin Affect Human Rights?
01:05:34
Alex Gladstein is a Chief Strategy Officer at the Human Rights Foundation which is a registered charity that has been helping protect individual rights in authoritarian countries in the world since 2006. In this episode, we talk about bitcoin being the trojan horse that can supersede all fiat currency as well as helping overthrow corrupt, communist regimes.
Some of the topics we discuss in this podcast are: How can we affect real change in the world that helps human rights via financial technology? The Lucky Billion… Do entrepreneurs donate to human rights? The History of Satoshi Being Just as Important Presently as before. Bitcoin is a virus that destroys and replaces authoritarian economies. Don’t be a sheep. The most important things about bitcoin… Break out of Twitter. Where does brian get his sources of information? Bitcoin Can Be Completely Renewable? Chuck Norris vs Communism: https://www.imdb.com/title/tt2442080/ Manal Al-Sheriff: https://www.manal-alsharif.com/ The Little Bitcoin Book: https://www.amazon.co.uk/Little-Bitcoin-Book-Matters-Finances-ebook/dp/B07W957N7T
Brians Twitter: https://twitter.com/gladstein The Human Rights Foundation: https://hrf.org/ Produced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast Tech
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. 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. |
Dec 22, 2020 |
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Magic Internet Money on the Ledger Cast Podcast
01:59:23
Produced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast Tech |
Dec 16, 2020 |
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Not Your Keys, Not Your Coins - Bitcoin Security with Jameson Lopp
02:01:00
Thank you for tuning into the Magic Internet Money Podcast! I'm Brad Mills and this is the podcast where you can learn how to short the banks and bank on being your own bank!
Jameson's goal is to spread knowledge of cryptosystems and liberating technologies. If you can offer an opportunity to reach a large audience, please use the low priority form. If you're seeking specific answers for your own understanding, please check the educational resources page on his website. More info on Jameson can be found here:
Website: https://www.lopp.net/ Twitter: https://twitter.com/lopp Casa: https://keys.casa/
More info on Stratum: https://en.bitcoin.it/wiki/Stratum_mining_protocol
Topics discussed: 4:14 How has Casa been affected by the Covid lockdowns in 2020? 12:52 Why Did Jameson Lopp Leave BitGo And How Did That Help Casa? 29:20 Should we be worried about institutions changing bitcoin fundamentally? 43:48 Brads Idea For Casa & The Future Of Finance 54:15 The Ultimate Cold Storage and Bitcoin Security Using Casa 1:08:17 How much will bitcoin be worth in the future? 1:24:05 Will Bitcoin Scale? 1:39:17Alt Coins vs Bitcoin, the final battle! Produced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast Tech
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. |
Dec 11, 2020 |
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Bitcoin, Privacy, and Human Rights with Janine
01:46:26
In this episode, Brad teams up with Janine Roem, a privacy advocate, and cypherpunk journalist. Janine was the first woman to appear on Brad's podcast, which is big. She's the author of the newsletter This Month in Bitcoin Privacy, where she covers everything between new tech and info to protect yourself while using Bitcoin. Privacy has become a hot-button issue, especially in this age of hyperconnectivity and mass surveillance. But not everyone has woken up to this reality. What does it take to jolt such people? Also, learn why Bitcoin doesn't just represent economic freedom but also privacy and human rights. And, what's a cypherpunk? Listen to an enlightening explanation of this interesting movement and its origins.
00:00:00 - Janine's Bitcoin story 00:16:58 - India and gold plus its war on cash 00:18:41 - Coinbase's open financial system irony 00:33:39 - Altcoins are not worth it 00:37:48 - Janine's recommendation on pro-privacy exchanges 00:40:26 - The thing with anti-maskers 00:45:00 - Smartphones are tracking devices that conveniently make phone calls 00:55:43 - Privacy is like health - better pay attention now 01:01:19 - The paradox of national security agencies 01:17:10 - Who's a cypherpunk anyway? 01:32:59 - Resources to learn about the cypherpunk movement 01:38:31 - How to support Janine's work and social media plugs 01:40:29 - Bitcoin is the ultimate truth Podcast Mentions The episode with Jamie King Coinbase's Chainalysis controversy Wasabi wallet Freedom And Future Of The Internet Samurai wallet's PayNyms Find Janine: Find Brad Mills: Magic Internet Money Instagram 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. |
Dec 08, 2020 |
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How to Sail Against the Winds of Life with Preston Pysh
01:51:22
Brad teams up with Preston Pysh in this episode to talk life and Bitcoin. Preston is a successful investor and host of the podcast "We Study Billionaires." He's also an author and former navy officer. Preston is one of the leading voices in Bitcoin, and he's played a big role in persuading Wall Street elite to see the bullish case for Bitcoin. He's also a big reader, with a wealth of knowledge and wisdom to dispense. Tune in for topics like what really brings us happiness, cashing out your Bitcoin and Warren Buffet. Timestamps 00:00:00 - Weather forecaster Frankie McDonald's now forecasting Bitcoin 00:01:51 - Introducing Preston Pysh 00:07:08 - Write down your goals 00:16:29 - Brad's comedy past 00:19:05 - Warren Buffet 00:29:07 - Value investing vs. momentum investing 00:36:13 - Will Bitcoin become a unit of account? 00:39:31 - Is all Bitcoin owned by 2% of the people? 00:42:56 - Goal setting, and what really brings happiness 00:51:14 - Is Bitcoin going to hit $100k? 00:53:58 - Don't ever label yourself 00:59:03 - Remaining positive despite online trolls 01:00:53 - Bitcoin can take care of itself 01:08:15 - What's Preston's history with Bitcoin? 01:20:03 - Just stick to Bitcoin 01:31:35 - The shoeshine story 01:43:45 - Books/habits recommended by Preston 01:48:02 - Social media plugs Podcast Mentions Book Recommendations Love Yourself Like Your Life Depends On It Find Preston Pysh on: Find Brad Mills on: Magic Internet Money Instagram
Other Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto. |
Dec 03, 2020 |
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Phil Mckernan on Purpose Your Relationship with Money
01:13:36
Philip is an Irish author, filmmaker and keynote speaker. He is best known for his Rich on Paper Poor on Life book and his Give & Grow feature film. In 2012, he founded One Last Talk, a live speaking platform that helps ordinary people tell they're extraordinary stories. |
Nov 30, 2020 |
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FIAT Money is the Problem with Jamie King
01:56:18
In this episode, Brad teams up with Jamie King to talk about Bitcoin vs. Fiat and other relevant topics in our times. Jamie is a filmmaker, a podcast host, and an early and huge fan of the peer-to-peer concept. His 2006 film: Steal This Film is a documentary pushing back against the concept of intellectual property and a promotion of peer-to-peer distribution. As someone who was always a proponent of peer to peer way before Bitcoin, Jamie provides a fascinating take on his discovery and journey with Bitcoin. Plus, what's up with these modern monetary theorists, and how did Trump rise? Also, it's time to completely re-imagine how you view money (hint: as commanding power). Tune in for these and more. Timestamps 00:00:00 - Intro by Brad 00:03:16 - Brad on his podcast's name and Real Vision's crypto series 00:13:39 - Discussion on deceiving mainstream media narratives 00:15:16 - Why do we need the state? And re-conceptualizing money 00:21:43 - Modern monetary theorists and the corruption of money printing 00:28:16 - Bitcoin gives you liberty 00:33:47 - Why Bitcoin is like a Tesla car 00:34:38 - Jamie's exciting discovery of Bitcoin 00:41:54 - Jamie's YouTube show, Charles Manson, NXVIM cults, Qanon, Trump, and more 00:58:58 - Delving into Marxism, capitalism, socialism, and corporatism 01:17:19 - Brad on his movie, Jamie on VODO, and his Steal the Show Podcast 01:33:01 - Jamie's amusing story on how he almost became uber-rich 01:36:01 - Why you should care about privacy and encryption Podcast Mentions Money theorist Stephanie Kelton Jamie King's Schism show Wireguard (for privacy) Charles Manson and NXVIM cults The Road to Ruin by James Rickhart Find Jamie King: Find Brad Mills: |
Nov 23, 2020 |
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Being a Bitcoin Centrist with Mike in Space
01:23:14
Topics Discussed:
Maximalists And The One True Coin Was The De-Fi Bubble Successful Or Was It A Casino? What Is The Use Case For Bitcoin In 2020? Floppyblock.com And Mikes Rabbit Hole Story Mikes Thoughts On Big Companies Buying btc Should You HODL BTC Or Play AltCoin Bubbles? De-Fi Yield Investments Explained |
Nov 09, 2020 |
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The Cotton Bubble Accomplished with Barry Sheehy
01:08:16
In this episode, Brad taps Barry Sheehy, an accomplished author and historian, to talk about the American civil war's economic backstory. The two get together when Brad visits his family on Canada's east coast and is introduced to Barry. Barry has a wealth of knowledge on an array of issues, including what motivated Lincoln to create the greenback, the origins of the Federal Reserve, and Montreal's secret ties with the Confederacy and the cotton bubble. Also, the Covid pandemic has wrought economic woes and exacerbated existing economic inequalities. What will be the end game? Tune in for these and more. Timestamps 00:00:00 - Intro by Brad 00:04:02 - Origins of the US greenback 00:18:56 - The cotton bubble and origins of 'deep state' 00:22:09 - The Jekyll Island, where the Federal Reserve was founded 00:24:54 - Secret ties between Canada and the Confederacy 00:27:13 - Ron Paul's libertarian views and slavery during the civil war 00:42:33 - Does Montreal still have links to the Confederacy? 00:47:07 - Barry on the current world's economic situation 00:50:35 - How to protect yourself from current economic shocks 00:51:29 - Ray Dahlio's take on current staggering Inequalities 00:59:06 - Delving into the economic state of Cape Breton and larger Nova Scotia 01:07:28 - Where to find Barry Sheehy Podcast Mentions Podcast episode with Dr.Vieira (The evolution of the Federal Reserve) America's Bank, book Ray Dahlio's article on wealth inequality Find Barry Sheehy: Find Brad Mills: Magic Internet Money Instagram 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. |
Sep 15, 2020 |
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Banks are in, Twitter Hackers are in, Is your crypto safe? with Jordan Harbinger
01:41:03
Hope you enjoyed this week’s episode with Jordan Harbinger, You can find out more about Jordan here: https://www.jordanharbinger.com/ Jordan Harbinger is the host of the highly revered podcast, The Jordan Harbinger Show. In this show we talk all about bitcoin, religion, DeFi gambling and the differences between them. |
Aug 04, 2020 |
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Altcoin Influencers Gave into Greed with Giacomo Zucco
01:04:56
On this episode of Magic Internet Money, host Brad Mills invites tech entrepreneur and Bitcoin maximalist Giacomo Zucco onto the show to talk in detail about altcoins and how they’re changing the crypto landscape. Zucco offers much of his financial and technical knowledge about blockchain technology to explain his preference for Bitcoin over altcoins. Zucco discusses with Brad their experience with Bitcoiners that began using their reputation to pump up the value of altcoins and then dump them at a peak value. The duo discuss the fallout from these events and the importance of honesty and consistency when you’re a voice in the cryptocurrency community. Timestamps 00:00:20 - Introduction 00:04:09 - Show start 00:07:04 - What makes people switch to altcoins? 00:15:25 - Providing context about Trace Mayer and other early bitcoiners 00:20:40 - Coin joining and its effects 00:35:02 - Clean coins and dirty coins 00:40:52 - Scamming in the crypto community 00:45:01 - How personal reputation affects crypto value 00:46:58 - DeFi and educating people about tech scams 00:55:21 - The technical sides of Bitcoin and Ethereum 01:00:18 - How altcoins resemble Intranets and closing remarks Links to Mentions in the Show Find Giacomo Zucco Find Brad Mills Magic Internet Money Instagram 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. |
Jul 30, 2020 |
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Mentality in the Rigged Game with Chris Plough
02:35:16
On this episode of Magic Internet Money, host Brad Mills invites personal development expert Chris Plough onto the show to discuss the direction of Bitcoin and Brad’s vision for his brand. Brad kicks it off with a grand introduction for Chris. The two discuss the key conflicts between Bitcoin and Altcoins and the potential that Bitcoin and Altcoins could have if they were willing to lend additional use-cases to Bitcoin. Brad and Chris discuss their experience in “the rigged game” of the centralized mainstream economy, and how centralized cryptocurrency exchanges and pushing towards more of that for Bitcoin and Altcoins. Chris talks about his experiences, the value of personal agency and sovereignty of all kinds. Finally, Chris closes with his adventures and lends some advice to Brad on shaping his own vision for his brand going forward. Time Stamps 00:00:30 - Introduction 00:08:23 - Show start 00:11:30 - Blockchain and Crypto vs Bitcoin 00:16:00 - The Bitcoin Fork and what it changed 00:25:08 - Ethereum conversation 00:32:44 - The rigged game 00:37:33 - The power of sovereignty 00:41:16 - Why do investors shift from Bitcoin? 00:44:57 - Relations with Altcoins 00:55:11 - Brave browser 00:58:10 - Conflict between Bitcoin maximalism and altcoins 01:10:43 - Bitcoin and taxation 01:15:40 - Brad’s Guy Kawasaki story 01:20:44 - Brad’s evolution with Bitcoin 01:31:11 - Chris helping people with trauma 01:44:32 - Brad’s motivation 01:50:00 - The power of passion 01:58:24 - The importance of financial sovereignty 02:02:06 - Chris and Brad’s current projects and previous ones 02:09:45 - AdventureX and I am Listening, Chris’ current projects 02:15:34 - The struggle of hodling, and its effect on mental health 02:33:29 - Links and outro Links to Mentions in the Show Find Chris Plough: Find Brad Mills: |
Jul 28, 2020 |
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Dr. Vieira - The Evolution of the Federal Reserve
02:53:20
In this episode, Brad taps Dr. Edwin Vieira to talk about the history and current status of the Federal Reserve System. Dr. Vieira is a Harvard lawyer, monetary historian, and the author of Pieces of 8, a book analyzing the evolution of the present monetary system and the court processes that led us here. As someone who's had a front seat to some of these events, Dr. Vieira has many insights to share. He and Brad talk about the concept of sound money, what really constitutes 'lawful money', and the federal reserve system, as well as Congress's role over the years in upholding today's flawed financial system. Tune for these topics and more. Timestamps 00:00:00 - Brad on his book, introducing Dr. Vieira 00:13:21 - What really is 'lawful money' after all? 00:30:30 - Why did Americans accept executive order 1602? 00:34:55 - Did everybody really obey the order? 00:44:09 - Current world's debt vs the 1930's and 1940's debt 01:01:00 - Spirited discussion on what's legal tender 01:11:24 - Can Congress change the Federal Reserve Act? 01:23:02 - On Russia and China creating a gold-backed global reserve currency 01:30:30 - What's behind the explosion of economic growth in recent years? 01:39:24 - When people lose jobs due to automation 01:53:03 - Will it be deflation, hyperinflation, and stagflation in a few years? 02:11:19 - Where can you find Dr. Vieira's ideas? 02:24:03 - Viewpoints on the police and guns debate 02:35:17 - On the consequences of a broken financial and criminal justice system 02:40:58 - The Ponzi-esque nature of the pension system 2:52:02 - Where to find Dr. Vieira's work Podcast Mentions Hotspex Bitcoin research podcast Pieces of 8 by Dr. Vieira Find Dr. Edwin Vieira on: https://newswithviews.com/author/edwinvieira/ Find Brad Mills on: |
Jul 12, 2020 |
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Talking Fomonomics with Scott Melker
01:31:30
Hope you enjoyed this week’s episode with ex-DJ and Expert Trader Scott Melker. In this episode we talk all about the financial markets of the world. Will the world ever get to a place where Bitcoin explodes while the economies of the world destabilize? Scott shows his probable predictions on what that could mean for the 99% and how that could mean things worse overall.
Produced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast Tech
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. Timestamps 3:00 - Who is Scott Melker? 7:37 - Scott’s music 9:28 - How lockdown is easier for single people 10:47 - Scotts ADHD throughout his life 12:32 - What got you interested in crypto? 26:10 - The simplest formula to getting rich in the stock market 31:42 - Everything wrong with the stock markets 40:37 - Counter trading the world markets 54:53 - Will Bitcoin decorrelate with the world markets? 1:06:00 - What would happen if we purged all the bad companies? |
May 22, 2020 |
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The Future of Bitcoin on the Lightning Network with Alex Bosworth
01:37:30
In this episode, Brad is joined by Alex Bosworth as they discuss the future of Bitcoin on the Lightning Network. Alex is a software lead at Lightning Network. He has experience working on open-source software and has experience creating backend exchange APIs. He also helped create a blockchain project to protect the integrity of the Royal Mint in the UK. As an accomplished developer and insider at the Lightning Network project, Alex has plenty of useful insights to share. The two get into several of the most relevant topics surrounding the Lightning Network, including Jack Dorsey-backed Square Crypto's unprecedented support for the Lightning Network. Tune for this and other interesting topics.
00:00:00 - Intro by Brad 00:01:59 - Alex on his journey on Bitcoin 00:06:26 - Parallels between private app development and a user-focused side of Bitcoin 00:12:07 - When can the average user use the Lightning Network? 00:17:58 - Where are we with the Lightning Network? 00:20:03 - How does the Lightning Network make money? 00:31:25 - Why does batching save you money? 00:43:46 - Exchanges on adopting the Lightning Network 00:53:03 - The Lightning Loop and how can it help you 00:59:03 - Would the Lightning Network be able to support 1,2 billion users? 1:06:21 - How many people are working on the Lightning Network? 1:14:25 - Delving into the Lightning Developer Kit by Square Crypto 1:27:22 - Folks at Edge Wallet and their beef with the Lightning Network 1:21:48 - Alex on providing liquidity on the Lightning Network, and can you too? 1:27:50 - What're a Lightning Network dev's hobbies? 1:36:18 - Where to find Alex on social Podcast Mentions Portugal's no capital gains tax on crypto Germany's crypto-friendly law Square Cash app's Lightning Development Kit (LDK) Find Alex Bosworth on: Find Brad Mills on: |
Apr 30, 2020 |
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Thriving Through the COVID-19 Crash with Garrett Gunderson
00:52:36
Garrett Gunderson is an author, standup comedian, financial educator & founder of Wealth Factory. He's the writer of many bestselling financial books like 'What Would The Rockefeller's Do' & 'Killing Sacred Cows.' Garrett was one of the few people in the financial industry who was prepared for the Coronavirus Market Crash. Garrett lost a lot of money during the great financial collapse of 2008, and now he's helping people understand how to get through this crash without losing. We will be discussing macro financial and political topics, advice for people with money to invest and for regular people who may be struggling to pay their bills currently. Hope you enjoyed this week’s episode with Garrett Gunderson, you can find out more about him here:
Youtube: https://www.youtube.com/channel/UCs--ejlVMYcMZF4tUC8yNRQ
Twitter: https://twitter.com/gbgunderson Find Garrett’s Books here: https://www.amazon.co.uk/Garrett-B.-Gunderson/e/B001JOS4UY%3Fref=dbs_a_mng_rwt_scns_share
Produced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast Tech
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.
Topics Discussed:
- Garrett's book - Garrett on The biggest transfer of wealth ever in 2020 - Purchase life insurance to be your own bank? - Banks can just take assets to cover debt. - What lessons can we learn from this market crash? - Garrett on poverty - Nobody is coming to save you. - What Garrett learned from 2008? - Don’t get into crypto trading if you aren’t interested in forex and other markets |
Apr 21, 2020 |
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How Much Does the Public Know About Bitcoin? with Esther Vlessing
02:03:21
Thanks for watching another episode of Magic Internet Money. This week, we conducted a survey with one of North America's leading surveying companies, Hotspex. In this podcast we sit down and analyse the results with the Hotspex Associate Director, Esther Vlessing who shared some intricate and interesting opinions on the show.
Hotspex was ‘Voted A Top Global Insights Innovator’ 6 Years in a Row. (2014, 2015, 2016, 2017, 2018, 2019)
An article analyzing the survey can be found here for Brad’s personal opinions on the results. Hope you enjoyed this week’s episode with Esther Vlessing, you can find out more about hotspex here:
Survey Questions Discussed: Hypothesis A wealthy person gives you $10,000, what do you invest in? Instinctively without googling, what do you think the US Dollar is backed by? What do you think the US National Debt is? How do you think USD has performed as a store of value over the past 100 years? Would you be surprised to hear that the USD has lost 96% of its purchasing power over the last 100 years? If you adjust for the drop in purchasing power of USD, what do you think the return would be? What do you think creates the new USD? What type of entity do you think the US Federal Reserve is? Without googling, who do you think controls bitcoin? Do you consider yourself knowledgeable about what bitcoin is? Which asset do you think has been a better investment over the past 10 years compared to bitcoin? If all the cash in the world is worth $80Trillion, all the gold is worth $8 Trillion, all real estate is worth $200 Trillion, what do you think all the bitcoin in the world is worth? Do you trust banks? If bitcoin succeeds as the electronic money of the internet, do you think it could ever increase in price 50x to be worth the same amount as gold? ($8 Trillion) Conclusion
Produced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast Tech
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. |
Apr 10, 2020 |
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Julian Assange, Trump, & the US Election with Nic Beaton
01:13:24
Hope you enjoy this crossover episode with standup comedian Nick Beaton.
Produced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast Tech
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. |
Mar 04, 2020 |
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Bitcoin Good, Altcoins Bad, DeFi Debate with Ameer Rosic
01:36:42
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. Ameer is a serial entrepreneur, educator and angel investor. Show notes: Brad’s summary of the alt market & ICO’s vs bitcoin The regulators haven’t really overstepped yet EOS and whether it’s a security The economic principles on tokens and why they tank Tokens vs Stocks Ameer’s issue with tokens The stock market and early investors law Is bitcoin really digital gold? People search for bitcoin(and libra) Meme narrative vs science narrative DAI in latin america Bitcoin vs DAI Trying to earn interest on traditional assets vs just hodling bitcoin ETH vs Bitcoin with investing Competitive projects in 2020 SEO keywords organically Big projects are way too complicated for the average person Mainstream adoption difficulties Mining, hashpower and price Investors won't leave bitcoin Bitcoin to 1 million vs bitcoin to 0 Are we in a capitalist or socialist society? If you squeeze a country, everyone will leave How does this economic situation play out? The US Navy vs Chinese defence genius Printing money to lower debt by increasing debt How 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. |
Feb 21, 2020 |
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Peter McCormack - Top Bitcoin Podcast Host
00:49:10
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 — Peter McCormack is the King of Bedford & the host of What Bitcoin Did (a top Bitcoin show) & Defiance Podcast. https://www.whatbitcoindid.com/
-- 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. |
Feb 12, 2020 |
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B is for Bitcoin with Graeme Moore
02:35:08
On this episode of Magic Internet Money, host Brad Mills invites children’s book author, Graeme Moore onto the show to discuss teaching kids about Bitcoin in his book, B is for Bitcoin. The two talk politics and the nature of bankers influencing both the Republican and Democratic parties. Brad dissects several altcoin projects and why they aren’t currencies. Graeme shares his experience working at Polymath, a company managing security token assets. Finally, the two discuss the consequences of politicization of cryptocurrencies and how coming regulations may change the markets. Timestamps 00:04:32 - Show start 00:07:19 - Graeme’s start with Bitcoin 00:20:25 - Misleading companies and how they prey on new bitcoiners 00:29:10 - Bitcoin under attack 00:36:55 - Irrationality in economics 00:44:44 - Red Goldman-Sachs or Blue Goldman-Sachs: The danger of binary thinking 00:55:30 - Ethereum vs Bitcoin speculation 01:12:07 - Lessons from the dotcom bubble 01:17:55 - Bitcoin as the one true money 01:30:15 - The value of top 20 altcoins 01:43:19 - B is for Bitcoin 01:48:25 - Vine and TikTok 01:50:25 - Social media influences on crypto 02:00:12 - Bitcoin’s relation to altcoins, Polymath 02:14:15 - Use cases for security tokens 02:29:10 - The Crypto Rating Council 02:33:55 - Closing remarks and social media plugs Links to Mentions in the Show Reminiscence of a Stock Operator Find Graeme Moore Find Brad Mills: Magic Internet Money Instagram 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. |
Feb 12, 2020 |
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Venezuela Situation with Mauricio Bartolomeo and Ameer Rosic
01:44:11
bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of bitcoin & all cryptocurrencies by satoshi nakamoto. https://twitter.com/bradmillscan — Mauricio Di Bartolomeo is the cofounder of Lend.io, we discuss his first hand experience with the situation in Venezuela and a little bit about bitcoin lending. https://twitter.com/AmeerRosic -- 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. |
Dec 28, 2019 |
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2 Bitcoiners with Ansel Lindner
02:42:52
In this episode, Brad teams up with Ansel Lindner, host of the Bitcoin & Markets podcast and one of Bitcoin Twitter's most popular personalities. As two die-hard Bitcoin fans, they have both similar and contrasting views on a wide range of topics surrounding the cryptocurrency. The two dive into Bitcoin's price, layer 2 networks, hard forks, taxation, and more. Tune in to hear two Bitcoiners' similar yet divergent views on things Bitcoin. Timestamps 00:00:00: Brad endorses an Etekcity shoulder massager 00:04:45: Ansel's bearish stance on BTC 00:10:15: Ansel's show's content 00:11:40: Schorr signatures and the Lightning Network 00:00:24: Pivot into Roger Ver 00:45:48: Bitcoin's block size, quantum computing, bandwidth, and nodes 01:02:10: Bitcoin's hard forking 00:01:50: Bitcoin Vs altcoins 01:59:30:The 2017 BTC boom 02:13:00: Governments and war on Bitcoiners 02:16:21: Bitcoin and decentralization of societies 00:23:21: Bitcoin against government taxation 00:41:21: Brad and Ansel's social pages Podcast Mentions Dan Held's article: "Bitcoin Security is Fine" Ethereum's DAO hack Find Ansel Lindner on: Find Brad Mills on: |
Nov 02, 2019 |
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Bitcoin Skepticism with Greg Thomson
04:29:31
In this episode of Magic Internet Money, host Brad Mills discusses guest Ivan Brightly’s time being partnered with Galaxy Digital. Galaxy began as a hedge fund that has since shifted its scope to become the “Goldman-Sachs of Crypto”. Ivan discusses his experience with the company before his departure in January. The pair discuss the impact that ETFs are having and may continue to have on cryptocurrency markets. In addition to that impact, ETFs have the potential to bring centralization to the market. Brad and Ivan debate about Coinbase being anti-bitcoin and whether or not it remains true to libertarian philosophies. Finally, the two share their lessons learned over the past few cycles and share their crypto portfolio experiences. Time Stamps 4:20 – “Saylorization” of the investment class and cipherpunk values 10:20 – The Risk of government intervention 22:53 – Importance of ETF 38:20 – Options about GBTC/QBTC 57:30 – Lessons learned over past cycles Mentions from the Show Ben Hunt’s podcast, Epsilon Theory Chaincode and Blockstream developer tools
Find Ivan Brightly at: Find Brad Mills at: |
Oct 09, 2019 |
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Comedian Bryan O’Gorman & Mario Gibney from Blockstream
01:34:15
bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of bitcoin & all cryptocurrencies by Satoshi Nakamoto. — Bryan O'Gorman is the host of Glorious & Free. https://twitter.com/BOG_416 https://twitter.com/Mario_Gibney Nearly 3 months ago in May 2019 when Bitcoin price was about $7900, I met Mario at a carnivore dinner in Toronto and brought him along to do a crossover podcast episode with my standup comedian buddy Bryan O'Gorman. We discuss what it's like doing standup overseas, Bitcoin basics from Bryan's point of view, whether being your own bank is a good or bad thing as well as a wide range of other financial & political topics. -- 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. |
Aug 27, 2019 |
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Bitcoin 101 with Standup Comedian Nick Beaton
01:57:01
bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of bitcoin & all cryptocurrencies by satoshi nakamoto. — Nick Beaton is the host of "Third Rail with Nick Beaton: A Comedy Guide To Social Outrage" https://podcasts.apple.com/ca/podcast/third-rail-with-nick-beaton-a-comedy-guide-to-social-outrage/id1433019681 I listen to Nick's podcast often and we decided to do a crossover episode. Nick doesn't know anything about bitcoin, we discuss the basics of cryptocurrency and I try to convince Nick that Bitcoin is not a ponzi scheme. This episodes dips more into social & political issues because that's what Nick is an expert in. Hopefully you like this episode, follow Nick on Twitter: -- 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. |
Jun 06, 2019 |
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Comedian Hunter Collins Learns he is a NoCoiner
01:47:12
This episode is with my nocoiner friend Hunter Collins, a comedy writer & standup comedian who was part of the marijiuana legalization activist movement in Toronto. Hunter & I used to do sketch & standup comedy together in Toronto in a previous life. I gave up on comedy it to become an entrepreneur & twitter shitposter, but he’s stuck with the comedy thing and is really good at it. I wanted to do some episodes of the podcast with people who aren’t doing this full time … typically bitcoin podcasts are being done with influencers, developers, crypto founders or others embedded in the Bitcoin space … but I wanted to do something different and get an idea of how far away we might be from mass adoption of bitcoin as money by talking to some above average nocoiner friends. Follow Hunter on Twitter https://twitter.com/Hunter_Collins Follow Brad on Twitter https://twitter.com/bradmillscan Sign the Free Ross Petition https://freeross.org/ |
May 07, 2019 |
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Bitcoin Maximalist Rodolfo Novak
01:25:51
Rodolfo Novak is the cypherpunk bitcoin maximalist CEO of Coinkite, which is the company behind the Opendime & ColdCard bitcoin wallets. Follow Rodolfo on twitter at @nvk |
Apr 13, 2019 |
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Bitcoin vs Altcoins with NotSoFast
02:38:49
bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of bitcoin & all cryptocurrencies by satoshi nakamoto. -- My name is Brad Mills, I am a Bitcoiner. I am not a coder, I look at Bitcoin through the lens of a user & I believe BTC is the best form of money. It’s free speech money. Digital Gold. Programmable money for the age of the internet, uncensorable, peer to peer cash. A new asset class, a store of value. One of the most important open source inventions of our time, gifted to the world by an anonymous creator whose identity is still not known! I fell down the rabbit hole & have been following Bitcoin since 2011. I am not trying to make money with this show or sell you anything. This podcast is my evolving journey in the world of cryptocurrency as I try to reconcile my bitcoin maximalist philosophy & my respect for the Austrian Economic, Libertarian & Cypherpunk roots of bitcoin's creation with the the desire to stack BTC by investing in the rest of the space. -- 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. |
Mar 30, 2019 |