Migrating From Fiat To Bitcoin | Aleks Svetski | Generation Bitcoin #006

This is an episode of Generation Bitcoin with host Matt James and guest Aleks Svetski. Aleks is a writer for Bitcoin Magazine, the host of the Wake Up Podcast, and founder of Amber app (Bitcoin exchange).

https://twitter.com/GhostofSvetski

https://amber.app/

In this conversation, we discuss the federal reserve, fiat money, investing in Bitcoin, state indoctrination, base layer corruption, the Bitcoin standard, governments fighting back, altcoins, toxic maximalism, the lightning network, Bitcoin predictions, and the Amber app.

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⏰ TIMESTAMPS

00:00 Intro

1:28 Aleks Svetski Backstory

5:30 How People Become Bitcoiners

6:59 Investing vs MIGRATING From Fiat

14:50 Fiat Is Inferior & Outdated

20:15 State Indoctrination / Education

29:55 Base Layer Corruption

33:45 Path Towards The Bitcoin Standard

38:33 Governments Fighting Back

42:11 Ethereum / Altcoins Corruptible?

47:35 Toxic Maximalism

51:50 Government Regulation / SEC

54:40 Legal Tender / Lightning Network

58:25 Bitcoin Predictions

1:02:20 How To Grow The Movement / Amber

1:04:28 Conclusion

DISCLAIMER: The description above may contain affiliate links, which means I receive a small commission on your purchase if you click a link and purchase (without any additional cost to you). Furthermore, I am not a financial advisor. These videos are for educational purposes only. Investing of any kind involves risk. Your investments are solely your responsibility and I do not provide personalized investment advice. It is crucial that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. Please consult your financial or tax professional prior to making an investment.

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