Dec. 16, 2024 - Freedomain Radio - Stefan Molyneux
06:05
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| Time | Text |
|---|---|
| Alright, so as I'm waiting for more questions, let's get to our commentees. | |
| This is from Bitcoin for Freedom. | |
| These are not things that I necessarily endorse, but it's a pretty interesting argument. | |
| He writes, or she, how the fiat system will end. | |
| People holding stocks or real estate usually sell if the price is right. | |
| If you ask a bitcoiner for what price they will sell, they will say it's not for sale for fiat. | |
| Bitcoin is different because the holders want to bring down the fiat system and won't spend Bitcoin before it's done. | |
| Wall Street and large countries will find this out the hard way. | |
| They've never met people like Bitcoiners before. | |
| They'll sweep up the coins of weak hands first, but then they will meet a wall of plebs that won't sell before the price is so high that the fiat systems implode. | |
| That is a very, very interesting argument. | |
| And I think, I mean, I've obviously, Bitcoin versus war is a speech I gave 10 or more years ago. | |
| You can just do a search for Bitcoin at fdrpodcast.com. | |
| You'll sort of see what it is that I'm talking about. | |
| But when you're holding something that is massively appreciating in value against fiat, and you know why, it's pretty tough to trade it for fiat. | |
| And I think that there is going to be For Bitcoiners, I think there's going to be... | |
| We're both underwater. | |
| Who can hold their breath longer? | |
| We're both underwater. | |
| Who can hold their breath longer? | |
| I think it's going to be the battle of Bitcoin versus fiat. | |
| And I mean, as people want to accumulate more Bitcoin with fiat, it is going to be that question of can people be bought with the money that is gross, right? | |
| Oh, there's a link. | |
| Oh, thanks, James. | |
| Cernovich.com slash hoaxed. | |
| Cernovich.com slash hoaxed. | |
| Bitcoin is at 375 to 400 million users, says Edward, or about 8% of internet adoption numbers. | |
| Its market cap is a percentage of global assets. | |
| It's around 0.4% of the 450 trillion in the world. | |
| We are still so early. | |
| I think that's quite true. | |
| It's a brutal meme. | |
| I don't know if it's true. | |
| I don't know about the numbers in particular, but men killing one billion people in all the wars over all of human history, looking up at women killing 1.3 billion people via abortion since 1980. Is that true? | |
| That seems a little high. | |
| I don't think that's likely. | |
| The World Health Organization estimates that there are around 73 million induced abortions each year worldwide, which is about 39 abortions per thousand women. | |
| That's since 1990, somebody saying 2.5 billion. | |
| Is that right? | |
| That's pretty wild. | |
| Given the information from the provided context, there's no definitive number for global abortion since 1980. Make an estimation based on the trends and figures mentioned. | |
| The Guttmacher Institute has reported that during 2010 to 2014, an estimated 56 million induced abortions occurred each year worldwide. | |
| If we apply this rate consistently backward, though the actual number might have varied, we can estimate for simplicity. | |
| From 1980 to 2014, 35 years at 56 million per year, 35 times 56 million is 1.96 billion abortions. | |
| From 2015 to 2024, assuming a slight decrease, let's say 54 million per year for 10 years, 10 times 54 million is 540 million abortions. | |
| Adding these together gives us an approximate total of around 2.5 billion abortions globally since 1980. That is I mean, kind of shocking and horrifying, isn't it? | |
| That it's between 1.3 billion and 2.5 billion abortions? | |
| Oh, fdr.url.com slash hoaxed will also go to get you to the hoaxed movie. | |
| That is, uh... | |
| That is astounding. | |
| That is astounding. | |
| Bitcoin, sorry, Bitcoin Freedom. | |
| This is from yesterday. | |
| Is it yesterday? | |
| Yeah. | |
| Just as it says, 1.09 million Bitcoin are left to be mined over the next 116 years. | |
| 898 trillion of global wealth is still not in Bitcoin. | |
| This is the most asymmetric upside in history. | |
| People will say you were lucky, but you understood money before everyone else. | |
| Isn't that wild? | |
| Miner is Bitcoin. | |
| Miner reserves have dropped to the lowest level in Bitcoin history. | |
| This is from Michael Saylor, who clears at you in Satoshi Crowns. | |
| FASB has officially adopted fair value accounting for Bitcoin for fiscal years beginning after December 15th, 2024. This upgrade to accounting standards will facilitate the adoption of Bitcoin as a treasury reserve asset by corporations worldwide. | |
| well that's quite something George Stephanopoulos I think has deleted his Twitter account and gone dark after ABC News was forced to pay 15 million to Trump plus I think a million in legal costs for defamation Thank you. | |
| Thank you. | |
| And that's really something. | |
| I mean, the fact that George Stephanopoulos or ABC News is going to pay for the Trump presidential library is pretty funny. |
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