BITCOIN IS THE BEST FORM OF MONEY - Fred Krueger - BFM037

41,299
0
Published 2024-04-09
šŸ”” Subscribe and turn on notifications to never miss an upcoming episode Ā Ā Ā /Ā @bramkĀ Ā 
šŸ“” Links to listen to BFM on your favorite podcasting app links.bitcoinformillennials.com/
āš”ļø Follow me on twitter.com/bramk

Support me by using these referral links when buying Bitcoin ā¤µļø
US šŸ‡ŗšŸ‡ø Use www.swanbitcoin.com/bram and get $10 of free Bitcoin when you join.
EU šŸ‡ŖšŸ‡ŗ Use relai.me/bram and use code BRAM during onboarding to reduce fees by 0.5%

Fred Krueger is a Bitcoin Investor, professional trader and entrepreneur with 10 successful exits. He holds a Math PhD. from Stanford and is a Wall Street Veteran, working there in the ā€˜80s and ā€˜90s. Fred shares his opinions on Bitcoin on his popular X and recently created YouTube channel, and never shies away of a discussion with other investors. I hope you enjoy this episode!

ā†’ Follow Fred on twitter.com/dotkrueger
ā†’ Fredā€™s YouTube channel: ā€Ŗ@bitcoinkruegerā€¬

Timestamps šŸ•‘
00:00 - Introduction and Background
03:01 - Challenges of Educating Generational Peers
08:11 - The Power of Self-Custody and Global Transactions
12:08 - Bitcoin's Potential to Revolutionize Money
29:28 - Bitcoin's Growth and the Power Law
31:47 - Exponential Growth and Volatility of Bitcoin
38:20 - High Volatility and Growth for the Next Decade
48:48 - Wall Street's Recognition of Bitcoin
53:07 - The Misunderstanding of Bitcoin in the Financial Industry
56:19 - BlackRock's Investment in Bitcoin
57:39 - Long-Term Vision and Outlook
59:22 - Transition from Trading to Long-Term Investing
01:02:20 - Getting Hands-On in the Bitcoin Ecosystem
01:04:26 - Forming Strong Convictions through Research
01:09:21 - Balancing Asset Allocation and Risk
01:12:14 - Frugality and Value Assessment
01:13:00 - Thinking in Bitcoin and Using Bitcoin Wallets
01:18:03 - The Transparent and Mathematical Nature of

All Comments (21)
  • @philfortner1805
    Once someone truly understands Bitcoin they realize they can never have enough. There is no second best.
  • Hi Guys, I just turned 77 this year and have two small businesses here in northern Canada. About 75% of my wealth is in Bitcoin. I first started buying about 12 yeqars ago. It has been one hellava educational, interesting and exciting journey.
  • @alexl266
    "I think if you approach it as a new method of payment, you miss it. It's a new unit of account." Great explanation by uncle Freddie. Friends know that I know about Bitcoin start asking me my takes on other Crypto's. I try to tell them that other Crypto's are trying to solve other problems. They're not trying to BE money. I get blank stares as their brain hits a 404 error.
  • @ralphciancio1721
    I've been investing since 1986 and I've missed out on Apple Microsoft home Depot Amazon you name it I'm even late to bitcoin but I'm not too late it's math-based and I think that makes it a winner and in the end I think I can be a winner!! Thank you Fred And bram great video.
  • @PipBoykin
    I remember when Bitcoin was $12, and I thought I had missed the boat... Now I wish I had bought a few coins.
  • @gdoyle05
    15:25 Bitcoin canā€™t be in ā€œ3 wallets at the same timeā€. One can have 3 copies of their wallet though. The coins are in the same wallet addresses.
  • @jackblack1097
    I love Fred! Makes me bullish, that still so few people are into bitcoin.
  • @robbatayaki5505
    So happy that I apply some of Fred's advices, like trying around wallets, making small transactions, thinking about words storage ...
  • I enjoy these videos so much more than the typical, ā€œBitcoin is zooming to the moon ā€¦ itā€™s parabolic!ā€ Videos! Itā€™s nice to truly learn about this technology and understand why we should be investing our fiat money into it!!
  • @skip-intros
    I enjoyed your interview. Great, quality, guest. AYou could sum up the whole hour in the words of Greg Foss: Do the work!! šŸ˜‚šŸ˜‚
  • @TimWilson1
    Great interview. Well done both of you!
  • @pablopipipopo
    great conversation. Fred enriches the bitcoin space very much!
  • @hernandoarce5804
    Great show. In a bus driver and now investigating in BTC using Strike direct deposit from my salary
  • Iā€™m 66, stacked gold 20 years, started stacking sats early (mtgox) lost some, sold some, mined some. So you can teach an old boomer new tricks. A few years ago became convinced it is the future of money. The apex asset as Saylor says. Sold all my gold and silver for bitcoin. Better in one year than gold in 30. In all that time, trying to orange pill hundreds (from before orange pill was even a thing) it got through to maybe two. We are still so unbelievably early.
  • @johnp21M
    Great Conversation I enjoyed it thank you for doing it. I think I need to also go do the Power law rabbit hole deeper. When you discussed the power law effect in several different aspects of the Bitcoin network (all now happening at once) the penny dropped a lot more. And pre S curve ! Wow nice. Thanks once again
  • @user-ey4od6jp9n
    Enjoyed the Interview. Fred is the Ultimate Absent Minded Professor! a Modern day Columbo!
  • @paulino964
    Great interview, Bram. Subscribed, keep it up!