My 18yo nephew is now all in on BTC. Thank you Jack Mallers Mondays on Spotify.
He found it himself. I don’t use Spotify. Had no idea the podcast existed.
Winning 🏆
Discussion
Even I'm not all in on BTC, I still have £20 in my current account 😂
Here’s the issue. He has no money. Works summers at a golf course, then college. I funded his River account with $1,000 BTC to get him started.
Add Chinese proverb about thousand mile journey here.
Unfortunately Maller is all in the KYC (Know Your Customer) nonsense.
The oligarchs will always make laws to control whatever system arises, and so-called "good" people will comply. However, when a government is evil, the people that comply become the wicked ones.
There will always be an evil system in place. If people refuse to comply and live a life cemented in individual liberty and and individual free agancy, the system has no power.
The real problem is compliance.
No-KYC is a myth IMO.
Gold, silver and cash have proven for centuries that no-KYC currency can and does work.
Not really no. Try to buy it. Or sell it. Or use it. Or store it. Or transfer it. Or borrow against it.
Theoretically, no-KYC assets like gold exist — but in practice, trust acts as a form of soft KYC.
You don’t need KYC to own gold. But to sell it, people need to trust its authenticity and origin. That’s why even ancient gold coins needed a mint mark — people didn’t just accept anonymous lumps of metal.
Wow, actually a good pod. Been listening myself. Weekly recap of macro landscape made easy
🤔👍🎯🥩💡🔥🍪👂
Spotify is how I found TFTC and it changed my life haha