Dope Tech Episode 2

<<@TomBilyeu says : What do you think the price of Bitcoin will be in 10 years?>> <<@alexocrypto says : Thank you so much Tom>> <<@NeuroPulse says : Muneeb comes across as intentionally unclear and like he's trying to shepherd people's perception/understanding at times. 👎fail.>> <<@saikatghosh90 says : i stopped watching your content from the day you duped people by encouraging them to invest in cryptos>> <<@jalitzaa.v says : I’m grateful for these videos. There is so much to learn about everything and I’m glad your channel is always trying to keep me informed and growing. Thank you!>> <<@Don-kh1br says : SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM>> <<@Don-kh1br says : SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM>> <<@Don-kh1br says : SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM>> <<@Don-kh1br says : SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM>> <<@Don-kh1br says : SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM>> <<@Don-kh1br says : SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM>> <<@Don-kh1br says : SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM>> <<@Don-kh1br says : SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM>> <<@Don-kh1br says : SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM>> <<@Don-kh1br says : SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM>> <<@Don-kh1br says : SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM>> <<@Don-kh1br says : SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM>> <<@Don-kh1br says : SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM>> <<@Don-kh1br says : SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM SKAM>> <<@Don-kh1br says : Yes, this is all a scam, they also deceived me and did not pay my money>> <<@locosmiley2008 says : The Terra example didnt age too well>> <<@LifeBeautifulMess says : The number of cases where the government ceased money vs the banking system returning money stolen from your account is no where near equal. Another words the system protects you more than it hurts you. If you have crypto and lose your key you have nothing and no one will assist you. Problems aren't solved they are traded and I'm not interested in trading the current problem of money for a worse one.>> <<@kierendickinson1495 says : Hey Tom! Absolutely FANTASTIC INTERVIEW 👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻 I got immense value from all this, going to re use this vid to sharpen my defi pencil and btc knowledge. Also going to join your FREE UNIVERSITY COURSE👊💥💥👊 Thank you so much 😊>> <<@DK-jq9cb says : Estonia already uses the blockchain to vote, send money, etc. On a blockchain>> <<@ingridhamilton7746 says : What's going to happen to all the bitcoin that gets lost in space when people start dying off and their passwords are lost ? Eventually half the bitcoin could disappear In the next few decades>> <<@Angus1507 says : Very interesting. The Terra Luna debacle materialised after this. Just goes to show.>> <<@mastermastromastello says : 7:35 : You need an incredible powerful computer … Borealis Xanadu>> <<@adamw3573 says : Great video with excellent content. I felt the only shortfall was when he was explaining liquidation. A clear simple definition of what the word liquidation means is what the interviewer needed, followed by explanation of liquidation from a margin call, when crypto is lent to a protocol as collateral for a loan. The good gentleman started out trying to explain impermanent loss, that can happen when placing crypto in a liquidity pool. Two separate things.>> <<@Dancing_Alone_wRentals says : Does anyone know where I could find a recommendation for a good spammer? Perhaps you could recommend a Mrs So and So.>> <<@Dancing_Alone_wRentals says : Fascinating. I've never believed in savings accounts. For me cash works in that I don't have much of it and it works without the trappings of debt. I have, I spend: I don't have, I don't spend.>> <<@ErrrAWD says : its cause you can borrow more money than the amount of value you borrow against. the more you borrow the smaller the buffer of price volitility before it will be sold to cover everything you borrowed before you can lose more than you borrowed. so borrowing 2x is going to give you the most buffer where as going 100x means that if the price moves 1% the wrong way you lose everything. depends on who you borrowed from but there are no standards even if it might seem so cause the United states is the world reserve and we don't have our shit together and our banks are working with our public servants to delay as they buy everything up behind the scenes then they will change the narritive and retail gets excited and fomos in and then they sell on us and we end up better than just saving fiat but never becoming rich.>> <<@brandonharper4109 says : Liquidations happen when one borrows against their BTC and the value falls. The collateral becomes insufficient so the lender sells BTC to ensure the loan doesn’t turn upside down. The alternative is the borrower adding BTC to the collateral.>> <<@RyanBurchfieldMusic says : Too many adds bruh…>> <<@franklix says : Excuse me but who says no to adding more features to Bitcoin code? Who? Who? So then Bitcoin is NOT decentralized… someone or a group of people CONTROLS Bitcoin, Bitcoin is not private it’s not transparent if someone is saying no and calling the the shots on bitcoin>> <<@franklix says : …. have no idea what the host was rambling on about owning your house etc.. I tried but just could not get what he was incessantly trying to say>> <<@franklix says : NOT TRUE, Bitcoin is NOT PRIVATE!!! Bitcoin’s hash256 algorithm was created by the NSA/CIA!!!!!!!!that’s a fact>> <<@Patrick-cc5ch says : Excellent interview. It is so clear and inspiring. Muneeb is great and so knowledgeable. Thank you>> <<@TucciDaGucci says : See I semi understand the inflation....and money is worth less because there's more...but when you say, "prices aren't going up, you money is worth less," it's hard for me to wrap my head around and comprehend...cuz I just watched gas go from $4 to $5/gal. So to me, it seems like NOT ONLY are prices going up but there is ALSO more money (making the dollar less valuable).>> <<@atjnr2852 says : Global ledger xrp. Its already there>> <<@SnakeN313 says : 800k - 1million>> <<@LoveMoneySecretsTV says : Tom great education today. I'd love you to do a part 2 to this and talk more about what we need to know about web 3 and bitcoin to invest and how it will change how we do business and live in our world.>> <<@MaryTruemanPaccard says : Thank you Tom, always love listening to you and Lisa. Impact Theory and Women of Impact Rock. I’m all into ownership of BTC and it’s development. It’s durable simplicity is my thing.>> <<@michaelprotz4875 says : Dear Tom. Thank you so much for all your shows. I enjoy them a lot. However, I am a crypto bear. I think you need to interview some people on your show who are bearish on crypto. How about an interview with Peter Schiff or Noriel Roubini? Or even Stephanie Kelton. Your listeners need to hear a smart person argue strongly against cryptocurrencies becoming primary currencies. I worry you are getting biased by the amazing potencial of crypto, defi, etc, and I do agree the potential is huge. But the reality is very different. We need to talk about realty, and not just potential and the "way things should be." I thought about this while watching this podcast. I hear and understand the points of view expressed. I don't like that the government controls and "plays" with our money, which they have done and will continue to do. But, can we have a world where crypto is the main currency and government functions? I am having trouble seeing it. Certainly, Muneeb is inspired by decentralization because of where he grew up. I sympathize with him. However, the US model is different. Historically, the US model is that the dollar is "sound" and stable, as are US property rights. It is precisely the well-functioning of the government, the money, the judicial system and democracy (government for the people) that has made the US so successful over so many years. Now, if we lived in a world with just one country, perhaps everybody could agree to decentralized money. No country would lose its monetary sovereignty, since the concept would have no meaning if there is just one country. But, unfortunately we live in a highly unstable world from a geopolitical perspective. As such, we continue to have multiple countries. Laws of one country do not apply in another. One country can declare war on another. I would argue that sovereignty is more important than sound money because sovereignty is a matter of life and death. If a government cannot charge taxes in order to build a military, then there is no military. If there is no military, you get invaded or blown away. The US's powerful military has been critical for the US's success and thus for its peoples' success. And, until recently, seems to have stabilized the world. I would love for the US to not need its military, but unfortunately the prevailing winds of change are actually blowing towards more siloed countries rather than the opposite. So to make it abundantly clear, the US will not, and should not, give up its monetary sovereignty. Certainly our main geopolitical adversary (China) is not going to do that, and if we do we will be at a disadvantage. I don't want that; I hope you don't either. The US will not outlaw crypto - that is not what I am saying. What I am saying is that the US will not allow the dollar to be supplanted by money it does not control. Giving up monetary sovereignty would be the same as simply abandoning the US government (not even democracy) for anarchy. In an ideal world, we would do just that. Government would not control us, nor our money. But we don't live in that world. We live in the opposite world, where where we still can be drafted to defend our country militarily or even otherwise. Whether or not this means all cryptos go to zero, I can't say. But it does completely fly in the face of those who think online currency (ie crypto) will mostly supplant government currency. I think we can still have crypto as a niche, but the nature of money is that it is more or less winner take all; there is only one dominant currency in each jurisdiction otherwise it gets too complicated. In a virtual world, where we don't have organic bodies, yes, we can just live with virtual currency. But as long as we are organic and can be shot and blown up, we need currency in the real world, and we need governments in the real world. And it follows that we need government currency. I do not like that governments abuse the currencies they control and the people they govern any more than you. But I don't see another solution for now, nor for a long time. But, invite people on the show who are actually experts on this (people I mentioned), and they will do a better job of explaining than me. Thanks again.>> <<@marcginthe5d says : No clue what he thinking>> <<@michealwilliam4072 says : i have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do?>> <<@LoveMoneySecretsTV says : I signed up to your web 3.0!>> <<@saadhamad16 says : Felt great to see a Pakistani 🇵🇰 in Impact Theory ! 💯👏🏻❤️>> <<@ericaluke5448 says : *As an investing enthusiast,I often wonder how top level investors are able to become millionaires off investing,I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make decent returns*>> <<@xomus2632 says : Great conversation - the liquidation discussion, i think Ali confuses Impermanent loss, with liquidation, which happens when your are not collateralized enough ..>> <<@timcrutedoteth7422 says : Superb deluxe podcast here. With the markets having less order executions; situations like this are best hedged with sustainable positions preferably bitcoin inverse contracts settled in btc, as price strongly deviated against its long term mean average. The further it deviates the more momentum for a reversal to the upside. whales are currently in a liquidity grab at the lows. I've had series of trading losses I'd best not mention before being introduced to Mr. Callum Lucas. His careful guide and employing his Signal for my trades orders has been a great experience. Callum's signal algorithm are based on combinations of unique strategies..>>