Hi Ash, could you point me to content that teaches how to buy bitcoin? I know there's coinbase and other exchanges. But I want the keys, stored in a secure device (welcome suggestions). Thanks in advance.

Why you are you taking cases into consideration? cases mean sh1t. Number of deaths is the only number you can trust.

If you are not trading your thesis, you don't have skin in the game, and you should not be taken seriously.

As to the pro vs. con discussions regarding Bitcoin in the commentaries below, it's quite simple: put your money where your mouth is. If you're "con" bitcoin, then just short it. If you haven't done that, then you don't truly believe in what you are stating. If you're "pro" bitcoin, then buy some BTC. Again, if you haven't, then you don't truly believe in what you are stating either. Now certainly one can trade it short term, with a bull or bear bias temporarily, to make money, but you have to decide which camp you really are in. So I say once again, put your money where your mouth is.

As to the pro vs. con discussions regarding Bitcoin in the commentaries below, it's quite simple: put your money where your mouth is. If you're "con" bitcoin, then just short it. If you haven't done that, then you don't truly believe in what you are stating. If you're "pro" bitcoin, then buy some BTC. Again, if you haven't, then you don't truly believe in what you are stating either. Now certainly one can trade it short term, with a bull or bear bias temporarily, to make money, but you have to decide which camp you really are in. So I say once again, put your money where your mouth is.

Raul, this recession was entirely man made. Everything was stopped because the government and commentators created a panic. As soon as the panic is over, the people go back to work. We now know how to protect our old people at risk, but we also know that young people are almost not affected by this virus at all. No one is afraid of this virus, and we have a very low mortality rate. We have better treatments, vaccines and we know better how to manage. No panic. The economy is coming back. Old people who are already sick are not much of the economy anyway.

Can we read the comments anymore?

Would be interesting to see RV look at Ant Group with an expert before the upcoming IPO - only the world’s largest of all time. Thanks

Raoul? How much of your reach (thru RV) do you think affects the bitcoin price? Is the RV community significant in terms of market swings? Thanks!

Hail Bitcoin! I think we have all heard it. I understand the thesis and am overallocated to it too, but am getting increasingly worried about the hype Raoul makes for it. Don't feel like RV is critical enough and keeps challenging their ideas. Great, so it made over 1% while stocks went down on Friday, also has crazy volatility, nor a 100 year proven profit generating business model, track record, and predictability many stocks have. This thing can be outlawed within months if the wind blows the wrong way and has risks to it we simply don't understand yet, warranting a significantly higher risk premium. I wish a lot of comments would get more scrutinised by the interviewers (not just here) - they are one of the few in this business who have the capacity to do so! Stay critical, especially when you think you'll never be wrong on this one!

yeah, a Highlander reference!

Hey Raoul, you mentioned the COT positioning in 30y bonds, which is basically commercials ultra long. What do you make of the fact that commercials actually have a ultra bearish position (compared to their own history) in 10y notes?

fyi crypto folks this looks interesting check out website: thetie.io also twitter @TheTIEIO Crypto SigDev™ API The fastest way to stay informed about the most significant market moving events within cryptocurrency. Developed for quantitative modeling, discretionary event-driven investing, risk monitoring, and more from their home page: Crypto SigDev™ Terminal is the fastest and most comprehensive platform for monitoring the rapidly changing and global cryptocurrency market. SigDev helps the leading cryptocurrency publications, hedge funds, exchanges, token issuers, research firms, and market participants track the most critical developments in the space. With SigDev, clients can receive real-time feeds on the most significant market-moving events including exchange listings, crypto-related SEC filings, court cases, partnerships, regulatory rulings, central bank announcements, and M&A activity. Features and Benefits Customizable: Select from over a dozen parameters including source or publication type, language, relevant asset, and type of significant development. Intelligent: Our NLP engine solves for complex language processing issues, assessing relevancy of headlines and removing up to 99% of irrelevant headlines. Comprehensive: The TIE's Crypto SigDev™ analyzes mainstream, cryptocurrency, financial, and other publications to identify relevant headlines. In addition, the feed also sources from notable Twitter accounts and individual outreach mechanisms of cryptocurrency foundations themselves including Mediums and blogs. Coverage includes both English and Chinese headlines.

Central banks will never forfeit control over monetary policy to Bitcoin, as that would affect their very sovereignty as Nations. Once Bitcoin becomes too big a threat in that regard, governments - via central banks - will ban Bitcoin conversion to fiat and its use in commercial transactions. At that point, Bitcoin will lose all value. Any CB tempted to go rogue and continue to "accept" Bitcoin conversions would be shut out of SWIFT. No CB will risk that. Banks are already saying they want to fight against cryptocurrencies. The writing's on the wall - via SCMP on Oct 27: "Mu Changchun head of the (PBOC) central bank’s digital currency research institute, said on Sunday at the Bund Summit in Shanghai that the DCEP (Digital Currency Electronic Payment) will be allowed to circulate and be converted like physical banknotes and coins. “Its centralised management will be good to fight against cryptocurrencies and global stablecoins and prevent their erosion of currency-issuance rights,” he said. As RV itself has said, there is a rash of fiat digitalization underway, all of which are designed to keep control of monetary mass. These are a preamble to a shutdown of Bitcoin. To summarize, Bitcoin is nothing more than a tolerated (for now) fiat second derivative. CBs are telling us it will be choked off.

UK sold all its' gold reserve and created Bitcoin. Bitcoin came out from the UK , like so many things.

Crypto only correlated to #thether

Why is bitcoin specifically the call option on the digitalization of CB currencies? Is that because it is the most widely accepted digital currency today? Is there any other reason that I am missing?

Where are the comments?

If we have the same setup as Feb, do crypto and gold react the same way in a significant drop in s&p500 short term or are investors positioned to buy at current prices?

As we enter the insolvency phase a lot more money will need to be withdrawn from saving including 401K and IRA accounts. Probably more older investors will withdraw bond money since it is close to cash anyway. Younger investors will need to sell stocks as more of their portfolios are in stock. For those no longer working, money will not be deducted and invested. I am not sure of the balance, but there will be a change in money flows into the markets. DLS

Insane content, you both are amazing!

What is outpacing BTC's valuation? Some altcoins like Quant Networks (QNT). Look at QNTBTC 1 day chart on https://www.tradingview.com/chart/93n4J9AK/

The fallacy of Covid is that - despite Cases rising (more testing & 2nd wave), Fatalities are falling. IMO the whole world should be back at work (and school).

18 month recession(?) - I think Raoul is very optimistic! Ash hits the spot (Covid) - Fatalities are falling (in most countries). Why don't the politicians 'Look at the Data'. But good point Raoul - the markets are always right.

Surely Comms are a trade for the post-insolvency phase?

would be really nice to start adding timestamps :)

"they are smoking crack"

Bitcoin ... zzzzzzzzzzzz I have Bitcoin zzzzzzz yes Bitcoin ........you sound like my mother ... Bitcoin .... hummm

Come on Raoul, we all know that you are Satoshi...

I have Bitcoin and I am not worried about government interference for a long time. I am watching closely about computer hacking of accounts and the whole Bitcoin ledger. Many have said this is not possible. I hope they are correct. DLS

The health community is doing a much better job of caring for COVID patients when they have sufficient supplies and fewer patients. The mortality rate is going down. The human and economic effects of the pandemic will be with us for at least several more years. COVID contagious before symptoms show and during the illness. COVID is also contagious even if you do not have symptoms. A recent British study shows that immunity of surviving COVID patients is four to five months from their antibodies. Many of the current vaccines trials are using antibody therapy. The-First-James M. is correct in his comment that T-Cell memory may be a big factor in keeping a vaccines effective immunity for a longer time. An Oxford study agrees that the T-Cell immunity would last much longer. They are trying to include T-Cell therapies in their vaccine. Unfortunately, Oxford states they have a long way to go with incorporating the T-Cell immunity with the COVID antibody vaccines. It is everyone’s hope that Oxford and other vaccine producers will come up with a combination of antibody and T-Cell vaccines which will be more long lasting. When the first antibody vaccines are available, much of the initial production will go for first responders and powerful people. These first vaccines may have to be given every four months. They are still a major move forward. It is still my opinion with all the people all over the world that will need to be vaccinated, COVID will be economically damaging in addition to the human toll for the next two to four years. I have no expertise in this area, but I am trying to prepare my liquid assets to last that long through the economic damage. DLS

Tough to know what allocation to attach to BTC given it's vol. Most pundits saying 1-2% but I think more (potentially).

The IMF 2015 paper regarding CB adoption of CBDCs also states that 'Crypto Currencies will be regulated' under the Great Reset Scheme. I'd be interested to know how this might impact Main Street adopters of BTC.