Anthony Pompliano VS Michael Shellenberger: The Great ₿itcoin Debate! 👍💰👎

1 year ago
106

Michael Shellenberger is probably takes the most Statist-bootlicking Anti-₿itcoin stance that personifies the Left today. He argues that when Banks or Government fails, it is our duty to let them confiscate our wealth to stay afloat. For similar reasons he also believes Unseizable, Censorship-Proof money, like ₿itcoin, is terrible because it removes government power over the citizen. In a nutshell he doesn't believe in a government of the people, by the people. But rather the people are beneath the benevolent government and should bow and take a knee whenever demanded. I've noticed people who think like this always hate ₿itcoin.

Michael Shellenberger is the bestselling author of "Apocalypse Never" and "San Fransicko." He also is the founder of Environmental Progress. In this conversation, we discuss bitcoin and why we don't see eye-to-eye on it. Topics include common core values, confiscation of wealth, security of assets, use cases for bitcoin, and Cyprus banking crisis.

Pomp writes a daily letter to over 200,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/

TIMESTAMPS:
00:00 - Intro
01:00 - Michael’s Thoughts On Bitcoin
03:00 - Common Core Values
05:45 - Bitcoin & Crypto Debate
09:30 - Regulation
10:30 - Bitcoin Embodies Free Speech
13:00 - Private Property Rights
15:30 - Confiscation of Wealth
19:00 - Security of Assets
23:20 - Cyprus Debate
30:45 - Relationship Between Government & People
36:15 - Use Case For Bitcoin
43:15 - Central Banks & Currency

Original Video by Anthony Pompliano: https://www.youtube.com/watch?v=WaPyeM9s8CQ

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