18. Global Economy Down, Why You Need Bitcoin In Your Portfolio
In this episode, we go deep into the current global economy and discuss why Bitcoin is so important to have in your portfolio. Bitcoin is one of the few assets important holding up well against most Fiat currencies. We also dive into some uncommon figures and stats about Bitcoin. Timestamps: (00:00) Introduction (00:50) Summary (02:11) The Macro Market (03:53) Inflation & Deflation (05:53) Interest Rates (06:45) Liquid Wealth (09:00) Satoshis vs Bitcoin (12:00) The Bitcoin Supply & Demand (15:17) Your Bitcoins are not completely owned by you (16:12) Bitcoin Millionaires (16:33) Bitcoins Limit can be changed (18:31) How much energy does Bitcoin use? (22:00) CBDC - Central Bank Digital Cards (28:13) Metaverse in Dubai (32:12) Smartphones are an extension of our brains (32:56) Accountability of the week (41:29) Failure of the week (47:35) Meal of the week (51:35) Meme of the week (54:19) Kindness/Gratitude of the week - Volunteering (59:26) Tip of the week (01:02:07) Outro