Everything You Need to Know About CRYPTO, & How to Gain WEALTH In the BITCOIN REVOLUTION | Raoul Pal (23.11.2021)
Krypto = fastest adopted technology … internet, Smartphones, cryptocurrency
113% growth rate … 114.000.000 to 1.000.000.000 by 2024
Crypto = networking of money
Biggest opportunity in history to make money
The retirement crises (Video)
2.000.000 % … 100x from here
Lifetime opportunity
Digitized money
BTC vs. ETH … 6% a year
NFTs and Community Token
Big change … so Big
Parallel Finance
Investition: BTC, ETH, Chainlink
Gold Standards
Sex an leverage
Money backed by promise (FIAT currency)
Scarcity has value
Too much money = less scarcity
Dollar vs. Euro
Since 2008 … 1/3
Value of savings gone done
Satoshi 2008
BTC = store of value
Gold is not a Network
Contracts
Money is a Story we tell (value)
Hyper scares
Buy and wait
Digital Networks
Owner AND user of the network
Like owning a part of the internet
More use cases in ETH
Clunkyness = Business
BTC = store of value
Be open minded and learn
Indian vs. Holland (blind date) … it forces you to be open minded
Macro
Probability trees … betting against yourself
NARRATIVE: Start in a garage, borrow money from your parents, three years later billionaire, book about leadership
Battle your assumptions and test endlessly
Be excessively paranoid but still confident
Buchtipp: The Hard thing about hard things
Own as much as you can at low price
Mystical thing … put part of your money into BTC – if it falls, put in more 🤩
Bitcoin is not a passive investment
Open a PayPal account … put money in … wait.
OWNERSHIP
Technology is a one way street
Cost Venture
Only chart = adoption chart
Bezos went down 95%
Clou: Log Scale … it’s all noise
It doesn’t matter what you look at, it’s matters what you see
Liquid Net Worth … a 100% in Crypto vs. Real estate
Lifestyle is the answer to anything
Lifestyle vs. „Rich“
I want to matter … help !
This is the first time, where the retail investor, the average everyday person, gets the front run the big institutions !!! Flipped
Robin Hood …
We are not regulated
Crypto community
„Tom Coin“ … tokenized culture … 100%
Loosing 💯 % in Las Vegas … no regulation
Internet of value
LEARN … Vocabulary
Tokenisation
Contracts on Blogchains
BTC … no it can be other things
Real estate … earning 10% of a 50.000.000 Million Apartment
Tokenized Real Estate recorded on the blockchain
Explosion 💥 Digital Art
Scarcity – I like that
NFT … 13 years of daily art … 69.000.000.-
Everyone wants a Banksy
Tokenized YouTube Videos
Tokenized the IP to a Song … and getting every time being used
CONTRACTS … 20% commission every time it changes hands
Community is the new powerful business model
Complex adaptive societies
Leader, Mission, Rules, Money (value)
Being part of Rihanna
Create a digital country
Getting rich from culture
Rihanna getting rich and the fans too
Tokenization changes everything
DOW: 8BIT … one very day
Demon Slayer … outselling all other comics
Fans betting on an artist … and get rich 🤑
Disney Token
The regulators will have to agree the world has changed
WTF with Marc Maron Podcast: Ridley Scott
https://pca.st/episode/6d4bab4c-95aa-467f-9f7b-520ef31a2c93 (22.11.2021)
Director Titan
Ridley loves his own movies ü
House of Gucci
The Last Duell
The Rolling Stones
Daltrey, Idle (Eric)
Frankfurt am Main
10 schools
Pull yourself together, you’ll be OK
By or under the sea
Dyslexic
Art School
Academicly stoopid
There is money in Posters
Don Pennybaker and Richard Lecock
NO WESTERN … Thelma & Louise ???
Excellent Marketing (Disney)
You can’t win all the time … no regrets
Do your work, don’t look back
I was killed … Blade Runner
I never read critic
I don’t watch that shit … (the dating game)
Blade Runner = Dating
Robot Child
Different … unrelated movies
„Oh Fuck Yes“
#metoo
G.I. Jane
3 stories (The Last Duell)
Matt Damon … scarf and short hair
20 years (Gucci)
A crack in the joke
JARED LETO
I only shoot one camera and hate the sun VS. Marokko and 11 cameras
Joaquín
Intimidated by anything = his engine
„I own everything to drawing“
I could start Napoleon on Monday
On time and under budget
Normal People, Normal Subjects
Thelma & Louise … 5 directors turned it down
Michele Pfeifer … you should direct it, not produce
Matchstick Men … loved it to death 💀
American Russel … always great
Tony Scott … Top Gun & Co
The Martian
„Have me met before?“
The Tim Ferriss Show: #547: Balaji Srinivasan — Centralized China vs Decentralized World, The DeFi Matrix, Ascending vs Descending Trends, Bitcoin Mining as Energy Storage, Reputational Civil War, and Maximalism vs. Optimalism
https://pca.st/gcgeplnc (18.11.2021)
Disclaimer – for information only
The collapse won’t happen from a Friday to a Monday
… Frühzeitig beendet – zu lang, zu irrelevant für mich
The James Altucher Show: 796 - Alina Chan: Covid-19: What is the real truth? The Origin?
https://pca.st/episode/80c85e95-e389-4ed9-a976-bd8f73e8f902 (17.11.2021)
Bat shit 2012
History of SARS
Mortality rate
Dying before transmitting
Positive = case
💩
The virus we all know and love ❤️
Natural origin (?)
Blood and Spit 🩸
Wuhan
New „features“
Weaponized biology
Repurposed viruses
Anti-Covid
More people, more variants
Long Covid
Virus gone, damage left
Starke Erkrankung führt zu starker Immunität
Summer 2019 🦇
The Tim Ferriss Show: #546: Master Magician David Blaine — Fear{less} with Tim Ferriss
https://pca.st/episode/21d44ac6-e024-4727-ae03-7a80c92068ee (12.11.2021)
3:33 … Tim holding the breath
5 years … decking cards
Jump in … David Blaine
When you have nothing to loose you have everything to gains
Cold reading … read the cues
Harvey Cohen
A magician is just an actor playing the part of a magician
Always surround yourself of people that inspire you or help you grow
Hyperlinks through history
Siddhartha … i can think, I can wait, I can fast
Scary stunts
Recovery
Refeeding Syndrome
Human Aquarium, human Dragon
Davids Selftalk
Sleep deprivation … dreams and nightmares but awake
Mental Illness … learnings
Superstition … don‘t quit until it‘s done
All in / no choice
AJ Jacobs … donating trick
Work on the material
God is love
Fangen wir an! Ideen für ein besseres Morgen: Endlich gut schlafen – mit Dr. Martin Schlott
https://pca.st/episode/3f267b9d-7076-475c-9a34-ab4cec257ec9 (11.11.2021)
Treffpunkt Kaffeemaschine
Zeitumstellung erzeugt Herzinfarkte
Winterzeit
Mehr Schlaf = größere Hoden
Schlaf = Reset
Guter Schlaf ist eine gute Grundlage für gute Entscheidungen
7,5 – 8 Stunden … 9 sind auch gut
Vorschlafen/Nachschlafen … geht nicht
Körperliche Voraussetzungen vs. Coaching
Der Tag bestimmt die Nacht
Narkose = künstliches Koma
… wann kann ich wieder kommen? Voll weg!
MJs Komaschlaf
Keine Handys im Schlafzimmer
1 Stunde vor Schlaf, screens aus
Hygiene Stuhl … negative „Kleidungsstücke“ in Gedanken ausziehen
Einschlaf-Anker … Körpergedächtnis
NLP Taktiker
Taktgeber Tageslicht … wir kommen aus der Steinzeit
Future Weekly - der Startup Podcast: #128 – Das große Kündigen, Kryptosteuer, Vierte Welle
https://pca.st/episode/f63134b4-f102-4894-8e72-464a33e0bb97 (11.11.2021)
Unskilled jobs
Crypto gains
Remote Effizienz
Gen Z, Millennials
Kryptosteuer ab 1.3.2021
Rückwirkende „Wirkung“
Beispiel – zugelassene Höchstgeschwindigkeit von 130 „rückwirkend“ auf 100 + Abmahnung
Haltefrist vs. KEST – /27,5 %
Staking und Tausch ausgenommen
Rechtssicherheit
Aktien vs. Krypto
Simple Steuer über die Plattformen
Finanzbildung
Trading = Wertsteigerung
Staking, Mining, Lending
Nach 3 Jahren steuerfrei
Anderer Weg: Elon Musk fragt Twitter
10.000.000.000 Steuerlast
Aktien NFT … Idee ?
2* im Jahr lockdown … Zukunftsmusik
Wird die FPÖ durch Corona & Co gestärkt?
Karma Punkte
Token statt Werbebanner
Business model … Spielstand verkaufen über tolen
Zukunft = dezentral
Waisenrat Avatare (Star Wars)
schmusihasi (Mailadresse)
Discord vs. NFTs
Cringe
Dinge radikal neu denken, kann kein Computer
LANZ & PRECHT: AUSGABE NEUN
https://pca.st/episode/d0540a5b-18e8-4170-8c27-d7c057d4a9bf (10.11.2021)
Skilehrer … die Jungs von damals
Corona ist zurück (politisch)
Immunsystem im Aufbau (Kinder)
Post/Long Covid
Grippe
The James Altucher Show: 788 - Chuck Palahniuk (Part 2): People, Places, Things
https://pca.st/episode/f1f19bc4-0e0a-4abd-ac54-cacbd1af0bbb (10.11.2021)
„We're a generation of men raised by women.“ – a step too far
The reader should become the smartest person in the story
I never read a Harry Potter (Chuck)
Altucher = I’ll touch her (fast)
Deine Welt: Finger am Abzug – Schießausbilder Jörg und die Waffen
https://pca.st/episode/4a8560d1-f2cb-49a5-99a1-bd7267f6dfe0 (11.10.2021)
Erwerb
Jede Waffe ist immer als geladen zu sehen
Aufregung, Zweifel, Respekt
Ausbildungsziel Tag 1 – 1 A4 Blatt treffen
Stressresistenz vs. Abzugsgewicht
Anatomischer Anschlag
„Vom Schuss überraschen lassen“
Beide Augen offen … dreidimensionale Wahrnehmung um
Reproduzierbare Treffer (Ziel)
Echt vs. Ego Shooter
MP5 Maschinenpistole 💨
Haltepunkt
Offset
Rohr-Seelen-Achse
Waffenregister
Ausbildung zum schiessen = Waffenhandel
Realität vs. Hollywood
Auch: Teambuilding
Fake Webshop … Zahlung nur per Bitcoin
Pandemia | Die Welt. Die Viren. Und wir.: Ursprünge von Seuchen (1): Tödliches Geheimnis eines Vororts
https://pca.st/episode/99127378-e319-4b07-9738-670f82f35f6f (10.11.2021)
Zoonosen
„Schulbildung“ Beijing in den 60ern
Die falsche Tür im Himmel
Hellishly dramatic
Pferdemasern
Good News / Bad News
Antikörper spritzen ?
Contagion
HENDRA
1994
They hang upside down and shit on themselves
Wer hätte gedacht, dass wir wieder schuld sind
Hitxhco
The Tim Ferriss Show: #244: The Quiet Master of Cryptocurrency -- Nick Szabo
https://pca.st/episode/7954c410-2c81-0135-52f9-452518e2d253 (8.11.2021)
Krypto = keeping secrets through mathematics
One way hash function
private key vs. public key
Trusted 3rd party transaction vs. Distributed network
Fly in amber = each block is a layer of amber
Impossible to undo
What is MONEY? – 10 people, 10 explanations
Medium of exchange / store of value / unit of account
origins of money … Shells 🐚
Happily taking Bitcoin
Ways of storage
Money and speech = the same thing
Smart contracts
Speach = Protocol
Bitcoin model for crowdfunding (article)
Man is as loyal as its options
What is BITCOIN?
FIAT = paper backed by nothing …
Shells > Gold > Gold backed paper > paper
Satoshi Sakamoto
PROOF OF WORK
Social scalability
Abstract idea of Christianity vs. Battlefield
No shutdown, no regulation
Home of innovation
NYC
Obsolete Business People
Hardware wallet
10.000 BTC vor a Pizza
Marry them together (BTC, ETH … Hyperfund)
Reliable sources … whitepaper
The bubble of money never pops
Parametric contracts … hurricanes & Co 🌀
Bitcoin doubled in value every year since is founding … steep curve
Political upgrades
1. layer = blogchain itself … 2. layer = transaction
BTC Mainstream
When the facts change, I change my mind – what do you do?
Quantum thought
Neill Strauss: Edit for Self, Fans, Haters
Creepularity
Blockchains can enable digital privacy
HER (Filmtipp)
I'm nobody vs. Pope X
Private thoughts vs. Public thoughts
The people who get outraged are the most actinic least intelligent member of society and I’m happy to leave them behind. The more easily outraged you are the less I wanna have to do with you. You’d be gone. If you think words can hurt you, you are going to life in a world of pain you’re entire life. https://pca.st/episode/7954c410-2c81-0135-52f9-452518e2d253?t=8364.0
Ich höre gerade Schlachthof 5 von Kurt Vonnegut, gesprochen von Jan Josef Liefers, über meine Audible-App. Probier Audible aus und hole Dir hier das Hörbuch: https://www.audible.de/pd/Schlachthof-5-Hoerbuch/3742416286 (6.11.2021)
The Tim Ferriss Show: #504: Vitalik Buterin, Creator of Ethereum, on Understanding Ethereum, ETH vs. BTC, ETH2, Scaling Plans and Timelines, NFTs, Future Considerations, Life Extension, and More (Featuring Naval Ravikant)
https://pca.st/episode/045a46b9-b003-46c2-aaee-2ee1026ae1e5 (5.11.2021)
Mind blown 🤯
Mandarin 🍊
Internet > Mobile > Blogchains
The James Altucher Show: 787 - Chuck Palahniuk (Part 1): The Art of Writing
https://pca.st/episode/0b920752-3968-4867-9802-643cefcb20c3 (4.11.2021)
COVID forever, no TV
Life memoir as comic
Naked stripper on stage – „this is my genitals“ vs. Revealing story
Minimalism: limited people, Places, things = theatre
FARGO was a made up story
Titanic: Computer Model … entire story „vorab“
Being smarter than the characters
Knowing more = mom attachment will
Every piece of art is a Rorschachtest
Everything that’s clear – let out … get the reader involved
Don’t tell the most important story at the beginning
THE RING ☎️ You gonna die in 7 days.
The first rule of fight club is we don’t talk about fight club
META DEVICE
Create problems you don’t know how to solve
Erklär mir die Welt: #191 Erklär mir den Weg von T-Shirts, Elke Schüßler
https://pca.st/episode/80623f11-c52d-4cd7-beec-344ee161f149 (03.11.2021)
Sklavenartige Verhältnisse
1-5% Gewinnmarge
€ 29,00,- Ladenpreis: € 3,60.- Marke und Marketing, 3,40.- Materialien, 2,20.- Transport, € 1,20.- Zwischenagenten, € 0,18.- Arbeiter*in
The Tim Ferriss Show: #542: Chris Dixon and Naval Ravikant — The Wonders of Web3, How to Pick the Right Hill to Climb, Finding the Right Amount of Crypto Regulation, Friends with Benefits, and the Untapped Potential of NFTs
https://pca.st/episode/6d56daa7-8763-4f71-9dac-7ab43989ab32 (02.11.2021)
Gödel, Escher, Bach
Satoshi Bibel
History of invention
University Of Utah
Web 1.0: 1990-2005, Open Web, Larry & Sergej „owning“ Google, basic HTML & SMPT
Web 2.0: User generated content, 5 companies controlling the internet
Web 3.0: Internet owned by users and builders orchestrated with Tokens
Blockchains are computers
Tokens are self marketing
1.0: read only and open, 2.0: read/write but centralized, no ownership, view rights, reputation is not transferable, 3.0: decentralized property rights
Crippled artists because of COVID vs. NFTs as a Solution (unique pieces of property)
Smart contracts vs. Royalties… secondary sales
Digital private keys enable digital private property
The Beauty of Web 3 … who owns the platform?
Cooperations own the platform, users are the Data
Ownership in 3.0 … owning every platform
Automated market makers
Star Wars platform … Build on top of NFTs
Composability and action
Content creators: don’t hold anything back
Not good at marketing (artists and musicians)
1000 true fans … Kevin Kelly
The future Harry Potter is owned by the NFT holders
Creative 90s energy
NFTs • NFTs • NFTs
We reject FIAT
Cultural Memes … „I am not for sale“
Native payment
The internet is powered by banner adds and search adds
Payout: Zero (FB, Instagram & Co)
Spotify – 14.000 artists are making money, 8.000.000 not
NFT „bubble“
Owning something on the internet (NFT) and take it with you
Universal basic income
peer2peer
First access to future projects through NFTs
Right click and „Save As“ = copied art
METAVERSE
Port NFTs over (to other games)
MFT = like a webpage (programmable)
Cryptopunks
Gols law
Skeuomorphic = mimicking „real world“ … files and folders
Buchtipp: Snowcrash
Career: climb the right hill
Getting rich on JPGs in 2021
Exploration vs. Exploitation
Legacy Tools (MS Word & Co)
Villain (Regulators)
Smart contracts = automated
Trident Gum Story
Buchtipps: 1.) Empires Of Light 2.) The Company: A Short History of a Revolutionary Idea (Modern Library Chronicles)
Missed the boat? Being a $1 JPG …
Roman Statue: Stone = JPG … Statue = Community value
If you wouldn’t work with someone for a lifetime don’t work with him for a day … there are no short term relationships … NFTs
Generative Art … Tyler Hobbs: https://tylerxhobbs.com/fidenza
Better business model for art and music … this should be the greatest time for creative people
8.000.000.000 different careers (hill climbing)
Music: Supply vs. Demand … missing model in between
… „I still don’t get it“ (Tim) 😅
Beispiel: future sneaker … unique sneaker in the real world + digital representation of that sneaker (NFT) + copyright © on this NFT + royalties
Social Contract
Ticketing with NFTs
Again: Crypto Punk
This Week in Startups: Facebook’s new name + DuckDuckGo CEO Gabriel Weinberg: the privacy search engine | E1315 (01.11.2021)
https://pca.st/episode/60fbd637-af2c-4bf7-beb9-f1ec667c3ff9
VR vs. AR … AR wins
Metaverse
Disgusting ZUCK … stealing others ideas and scaling them
Grand Theft Auto 💀
#boycotmetaverse
Nazareth … the Place where Jesus were born
Own the hardware and own the experience
Modern day profiling (w/o IP adress): Screen resolution, memory, versions & Co
Rebel Without a Crew: Or How a 23-Year-Old Filmmaker With $7,000 Became a Hollywood Player
https://en.wikipedia.org/wiki/Rebel_Without_a_Crew (01.11.2021)
Be creative AND technical
Lab rat for a month