Peruvian Bull - GameStop, Bitcoin, and The State of Fiat World (BWP1)

For the inaugural episode of the Ben Wehrman Podcast, Peruvian Bull joins me for a discussion on GameStop, Bitcoin, Crypto/NFTs, and the state of the fiat financial world.

TIMESTAMPS:

00:00:01 Catching up on Life / Current Projects
00:03:39 PB’s Life Story
00:06:49 Educational Background / Financial Roots
00:09:17 January 2021 / The GME Saga Begins
00:13:16 Ben’s Tragic GME Origin Story
00:15:18 GME: The REAL Story
00:26:56 Naked Short Selling Explained
00:29:46 How Ben Views GME vs. BTC
00:31:44 Summarizing The Dollar Endgame Series + Other DD’s
00:35:32 What Is Inflation?
00:38:17 Why Is There So Much Public Misunderstanding on Why Prices Are Rising?
00:40:57 Global Debt Crisis Explained
00:46:38 How Money is Created
00:50:15 History Deep Dive: Fiat, Gold, and Central Banking
00:57:12 Why Is Each Economic Crisis Getting Progressively Worse, And What’s The “Endgame”?
01:00:17 Are Austrian Economists Wrong…Or Just Early?
01:02:21 Why Bitcoin Is Hope
01:03:24 How Does Bitcoin Fix The Fiat Problem?
01:08:15 When Will The Dollar Die?
01:09:17 Gradually Then Suddenly: How Technology Accelerates Adoption
01:11:10 Is Bitcoin “Too Slow”?
01:12:17 What Will Be The Next Global Reserve Currency?
01:13:04 What Happens if Central Banks Start Buying Bitcoin?
01:14:13 Proof-of-Work vs. Proof-of-Stake
01:15:04 Bitcoin vs. Crypto
01:16:10 Are Ethereum and Other Altcoin Securities / Could They Be Money?
01:17:17 The Problem With Crypto
01:21:20 The Problem with NFTs / Blockchain Gaming
01:22:28 Discussing Ryan Cohen/GameStop’s Crypto Direction
01:26:16 Could GameStop Join the Nostr Wave?
01:28:21 Discussion on GameStop’s NFT Marketplace / Altcoin Partners
01:34:22 Why Ben Views “Meme Stocks” and “Crypto” As the Same Breed of Coattail Riders
01:36:55 Ben’s Toxic Bitcoin Maximalist Origin Story
01:51:44 What’s Next for PB & Ben?
01:54:40 What’s The Best Thing The Average Person Can Do RIGHT NOW to Best Set Themselves Up For The Rest Of This Decade And Beyond?

CORRECTIONS / CLARIFICATIONS

[1:31:10] If there was one question I wish I could re-answer, it would be this one, regarding why I believe all NFTs are scams. I got ahead of myself claiming "every single NFT is claiming investment gain". That's not necessarily true; my point is that the use-case proposition of NFTs in general is bunk--they aren't decentralized, they aren't immutable, and many of them are at the very least implying that buying them early will yield a higher value later.