1x4 - Unconfiscatable store of value

May 12, 2019

In this episode of TO THE MOON, Max and Stacy look back to March 2013, when the Cyprus bail happened. Max and Stacy talk to Tone Vays about the censorship resistant value transfer without any need for a middleman, but also the first time in history that individuals could hold value that is impossible to confiscate. In the fiat world and its QE3, more and more credit is being poured into the system all seemingly to keep it from collapse. The store of value proposition of bitcoin took hold, and Barry Silbert told Max in the Keiser Report that the three sort of investors who were getting into the cryptocurrency are 1) tech entrepreneurs; 2) family offices taking a piece of their gold allocation and putting it into bitcoin; and 3) Wall Street professionals, portfolio managers, and traders, who are not investing for clients but for themselves. He predicted hedge funds would soon enter the space. Other guests include Jimmy Song, The Vortex, and Rodolfo Novak.