Comments
Transcript
-
AX.
-
DNWow. Mike Green definitely grows on you. Wokestan and Magastan being right next to one another as they try to separate around a circle. Did he coin that idea? Since I joined RV late last fall I initially misjudged him so badly that I feel like I need to pay closer attention to indexing my trigger finger.
-
DNlove this chat, however being anti-bitcoin is not a heresy, it is the status quo
-
KJAOL Buying Time Warner 2000 = TSLA Buying Bitcoin 2021. History never repeats, but it rhymes. Discuss...
-
JGDoes anyone know if Josh Wolfe manages external money? Brilliant minds. I'm really grateful for this. Mike Green you're the man.
-
RRp.s Bots are not controlling the WSB forum and it seems you need to stop spreading rumors around because you can hurt the credibility of this platform.
-
RRHello Mike, I am trying to be open minded and this is the second interview I watch for you. You seem like a well established and smart individual. It would be great to see you exploring some brave new ideas with your guests not colluded with fear of the other. We must not forget the roll of the U.S. in international affairs of the past 50 years. For the U.S. to be in the lead, we must also be super genuine and own up to the past, present and future. You keep reinforcing the political establishment narratives and it is very concerning to be on such a platform, and infuse your conversations with fear of Russia and China and the eminent demise of crypto. Capitalism must reinvent itself or breakdown in front of our eyes, which many scholars would argue we are in the era of "wreckage capitalism". The old system is too slow and complicated and built on corruption, wars and blood, and if the establishment is too old too fix it, someone else will. It better be us.
-
RGSome rather simplistic, self-grandstanding assumptions about China's national identity, political traditions abundant here. Fix the US first, if you want to maintain the neoliberal world order. China isn't a product of Xi, it's the other way round! And Mike Green you're dead wrong in your baseless assumption in one of your tweets that 1.4 billion people having been ripped off by Xi and his regime - at least not so perceived by the Chinese population according to both studies and empirical evidences. Xi has the Mandate of Heaven now as far as the Chinese are concerned and this has very little to do with your simplistic socialism/capitalism democracy/authoritarianism narrative. The biggest hubris of people like Green is they simply take it for granted that he just knows better what's better for China and the Chinese than the Chinese. Lay off your ideological nonsense already. You can't even force your views on your fellow Americans so stop forcing it on other cultures and civilisations you know precious little about.
-
ECAs a Chinese American who has lived in China recently I think the West has its own blinders on from its cultural framework it cannot see out of. China's "stifling" of creativity and focus on control over its citizen is seen as a positive by most Chinese. America's central value has always been freedom, whereas in China it has always been harmony and stability. In that lens, which country would you rather live in? One where a pandemic is raging out of control, where people are raiding the capital, where the social groups are shouting at each other, where there are school shootings and police strangulations caught on camera? Or would you rather live in a country where you can't say what you want on the internet or in public, but the streets are safe, the virus is handled, and people aren't shooting one another? The same thing that made America great is what makes it gut churningly awful right now.
-
SKI'll be one of the people you mentioned, thank you for everything you've said on crypto. I live and breathe Bitcoin and you've offered the single best critiques of crypto I've ever heard. So thank you.
-
SRExcellent, thank you.
-
RFMike you big legend. Since you're hell bent on having the most interesting and important conversations on the web, and since your looking to the future to try and understand the challenges and opportunities in our future, I hope you might consider interviewing Nate Hagen. https://www.postcarbon.org/helicopter-money-and-a-game-of-kick-the-can-episode-12-of-crazy-town/ Keep it up mate, you're hitting all the important points.
-
LDI've listened to a couple of Mike's previous interviews. He never fails to leave me questioning one or more of my beliefs, which, in an age of filter bubbles and cancel culture, is a true gift. Keep up the great work Mike. It was my first time listening to Josh which was also a real treat. Way to go Real Vision for attracting such high level talent to speak on your platform.
-
JJTSLA being "bought" by the S&P 500 - fits the bill for the thing to calls the top . . .
-
JKI love the bromance between these two. You can tell it's real love between the two of them.
-
DBYou can't retrofit a existing car factory, into a Gigafactory. It would mean taking the facility back to it's shell ... pointless really. Example is Freemont and the struggles they have had to date.
-
TCI would love to hear Josh's thoughts on how the imaging technology he described could be used in materials science for things like battery technology.
-
RJExcellent conversation. Mike and Josh are casting pearls before the swine and I believe they are all ivory 4-A! Great "chew-toys" for thought. Thank you and "keep on keepin on" with future discussions.
-
CH"Suppressing on-campus drinking forces the drinking into dark alleys." Similarly, destroying the possibility to safely store wealth in cash moves that the activity into other assets. 'Saving' should never have become the equivalence of 'investing'. But unfortunately it has. Gold and Bitcoin have never been more important.
-
TKThe American supremacy and ignorance of world politics that emerges from these 2 mouths is staggering.... That these people are considered “experts” in the US shows everything you need to know about American ignorance and the decline of their empire
-
DAAfter so drum-banging on Realvision about Bitcoin, it's good to hear someone of the calibre of Mike Green argue that the crypto community actually has no clothes. I am not hostile to crypto but was concerned that Realvision had become a crypto echo chamber. What Mike Green said, to me at least, had some force.
-
APBy the way, the Russian car is not Lata but Lada rather...
-
MOMike can you please have conversations with 1) Peter Thiel 2) Andreesen Horowitz and 3) Eric Weinstein.
-
NvMy favourite 2 people on RealVision
-
LSMr. Green (is that why he is profplum? ha) has a lot of fanboys around here, and deservedly so, because I have agree with much (near all) that he has said and brought to the table. But this BTC angle is quite confusing, also amusing because we are going to see what happens and how it is handled. The question of "Dialogue and let's make this work" is too little too late (where were you in the 1990s?), and is a bit insulting, as inferred by the "European Hodler" who legitimately answered Mike's question regarding the exchange of "What would change your mind about bitcoin?" / What could get you to change your view and work to fix the system?" And he didn't get a response to his savvy answer except, "At least he's honest." I urge you to check out that exchange. I love you Mike, but it's too easy to talk about dialogue when polarity is at a maximum, due to massive government expansion and leftism with tech deepened divides, beyond the national leaders selling out to globalists. I'm sad to say that the external factor of harsh reality (you pick the poison) is the only way to change things at this point. I know, it's not what the upper levels want to hear, necessarily. I would think the same way if I didn't know how treasonous our leaders, including the current president, have been ...
-
APIslamic terror (which, at scale, was a Sunni phenomenon) has played out. Even Saudi Arabia seems to now realizes that it cannot do what Iran was able to do at a lower bore and still exert control over it. There are just too many Sunni muslims living in crappy places. We have room to be more hopeful about the strategic emergence of China as a competitor against liberal democracy. Wolfe is probably right that China's economic heft (driven by a 1.4 billion population) can support quite a robust economic base to sustain a military/industrial challenge to the west. They need to only operate at a 1/2 a per capita GDP as the 'west' to compete in GDP. The answer to our demographic and economic woes may lay in South Asia. The Indian subcontinent is finally emerging from colonialism into its own. India is shaking off colonial era West-wary orthodoxies at a breakneck speed in the face of an aggressive China (while at the same time, China's 'fight-not-fight' methods give India enough time to bulk up). The area (specifically India and Bangladesh) has the demographic base, foundations in English Common Law and grassroot preference for raucous democracy to add sufficient heft to the global liberal project. India also wields substantial soft power across Indochina and the Middle East that it hasn't exploited in any meaningful way. This could get interesting.
-
LSHeretics follow truth? LOL
-
VFAmazing interview! Mike's observation on the nihilistic self-talk of individuals believing that "I have no opportunity to succeed in life unless I win the lottery, and at least this lottery feels like something I have some control over" is 100% accurate and deeply disturbing.
-
TPFor the easily offended, I'm going to be stating opinions you may not agree with. Down vote and move on, will you? Thanks. Where to begin. "Gamestop short squeeze wasn't 'sticking it to the man'" -- I don't know what news flow you pay attention to, but it most certainly was. Musk didn't start this. Overstock dot com's former CEO complained about shorts for a long time, and the SEC didn't bother listening. The problem here is when you have people who essentially have been blocked from participating in the system, or the rules have been made to exclude them, either through large startup costs (25k Daytrading Balance Rule, "Accredited Investors" for more exclusive plays) or gating mechanisms, you are providing an accelerant for the populist fire that results. Essentially, when banks/hedge funds get into trouble (LTCM, etc..) the taxpayer bails them out. When the little guy blows up his account, no one comes to his rescue. The legacy financial system has a history of externalizing costs on to taxpayers for losses, and not so much for the profits. So cry me a river, those over-exposed hedge funds deserved a wake up call. They're supposed to hedge tail-risks, right? No? Laughable. Bitcoin, Data Censorship -- I'm surprised that Mike agrees that "memes" (Badthink) needs to be censored. All that happens when you cancel/censor an idea is force it underground, where it grows into something you won't recognize once it bursts back into the limelight. As for Bitcoin, Mike has made it clear he thinks its a useless folly to take on the legacy system. He refers to "Shay's Rebellion" which was an armed uprising by citizens against corrupt practices of taxation, among other things. This clearly misses the mark - it assumes the dynamics are the same and the application of pressure to change is communicated through violence, ultimately. It is possible to win a financial war without firing a shot, but even if we don't take the literal interpretation of his stance - its the very statement that Mike believes Bitcoin can't overcome obstacles that I take issue with. Bitcoin has been declared "dead" over 350+ times, by large financial rags and others. And yet - it persists. Bitcoin has been banned in China three times. And yet - it persists. (Even over-the-counter markets in china) If the largest totalitarian regime with a country-wide censoring Firewall can't stop it, what chance do you think any democratic country will? At worst, it would accelerate the adoption process by people realizing the weaponization of the current monetary system against them isn't to their advantage. After watching this video, its like a surreal scene where the largest asteroid in existence is about to change the landscape and wipe out the dinosaurs, but none of the participants can see it coming. Laugh it up about "flash mobs" all you want, it won't change the forces at play.
-
JWWorth watching for the SPAC smack down alone when Mike basically slammed Josh’ argument re forward guidance as one of the benefits of SPACs. :-). Josh trying to recover afterwards but seemed somewhat groggy as they continued the conversation :-) I know these guys respect each other so it’s all good but it was fun to watch.
-
JMIn his latest interview on QTR, Ron Paul comments on how he was was cheated in an election in the 1970s (starting at the 30 minute mark). https://quoththeraven.podbean.com/e/quoth-the-raven-238-ron-paul/ Claims of election fraud should be taken more seriously IMO (regardless of who makes the claim).
-
WSChina - problem is multiple Administrations over the last 20 yrs have stood by as China has become a "bully" in the south China Sea....my two cents if this Admin can create a group of countries that as one push back - they will tow the line - if not watch Taiwan - they will try something akin to HongKong. - China as a country plays by two standards one internal - its our xtry you have no right to comment and external - here buy our "stuff." It's the stuff that is their achilles heel.
-
EPWow! that is all that I can say, what a wonderful conservation. I cannot see why anyone would give you any grief for these video series. You see problems in the US and are fighting them in a intellectual way. Also you point to a direction that can help solve the great divide. Is there anyway you can reach out to Yaron Brook and see if your views align? I think he would be an asset to Real Vision . Again that you Mike and Josh. And thanks Raoul for starting this wonderful platform.
-
aDAlways enjoy the big themes that come from these 2 chatting with each other! Lots to chew on in this interview. Thx Realvision.
-
TCThis is an epic conversation. Both Mike's and Josh's insights, humility, analysis and depth of knowledge is impressive.
-
BKMy biggest complaint about Mike and Josh's interviews is that I can't watch them and multi-task. ;) Seriously great stuff.
-
LMHey Mike, Can you give me a little history (a link is cool) about the Roman senate being paid off? Thanks!
-
RLgreat discussion and great example of two professionals having meaningful discussions, even if they disagree and the humility to hear what the other has to say. appreciate this and want more it!
-
GTGreat conversation. These spacs are nutty anda few will do well, but most, like 87% will fail within 2 years or less. Beyond that. thanks.
-
DB"Probably 90% of the people you know are crap." Could not be further from the truth. I am glad I don't live my life with that mindset. Wow.
-
TSMike ... aren't the real issues about 1) excess liquidity chasing deals and 2) poor merger due diligence, rather than the SPAC structure itself ? Or, the presumption is that a traditional IPO S-1 route would flush out the crap before it got to market ? Thanks to Josh too .... enjoyed the conversation
-
WSEnjoyed the back and forth -- so you both think EM@Tesla hiding something on his books --- so does everyone else but so far no one is able to find the thread that blows him up....
-
LATotally agree- thesehi- profile people should stop stoking anger & revenge. They should mind their own businesses- stop bullying & stoking people. People do your own thinking & stop doing their bidding.
-
SSDisagree with the guest regarding Religion, I think the reason we have these “cults” like QAnon or Wokeistan may be the collapse of an overriding Religion that has much more historical, moral, and philosophical depth.
-
vfFantastic. Love the depth to which you two take the subjects.
-
jlProfessor Plum strikes again. what a great conversation. :) only downside for me is that those companies they talked about in the end seems to be private. got me super exited about something that's not for sale yet. I guess if I hold my bitcoin it will appreciate so much that I can just buy the SPACs outright when that times comes.
-
BSIf there was an option to set Mike on 1,25x speed and Josh 1x, id love it! :D Great interview Mike
-
WSMike - Grew up in Sausalito over your right shoulder and graduated from UCB over your left shoulder. Waaay to crowded now...kind of like NYC - visit but not stay anymore.
-
JAThere is no inflation...
-
PGGreat point on the flash mob and internet/meme "culture" aspect of what's going on. You've got plenty of young guys, with high levels of risk tolerance, stuck at home bored trying to outdo each other with their memes and GIFs. One idea looks very attractive and off to the Moon and Mars we go. Some initial unrealized gains are shown, more people pile in, etc... It's easy to forget that barely 3-4 weeks ago, it was all about Palantir over at r/WallStreetBets with daily clips and GIFs of Lord of the Rings scenes. The GME story has a bit more legs underneath it with all the media around it, but still an hourly news item in 1-2 months, unlikely IMO...There's eventually going to be some pain on the retail side, or as it's called..."loss po**", I don't doubt that Easily a top 3 pair on RV - thanks to Mike G and Josh W.!!!!
-
KPNice discussion from venture perspective. Some interesting investment ideas towards the end. Thought provoking discussion as usual minus comparing crypto to Qanon and Antifa.
-
DSSorry for the aside. Hedge funds and big trading banks may be actively using WallStreetBets to aid in their own short-position raids. DLS
-
PB"90% of the people you know are crap" This Wolfe guy is real wounder
Chapters
-
Separating the SPACs from the "CRAPs"
-
Reflexive Consequences of the SPAC Boom
-
Endgame Predictions: "There Will Be a Bell at the Top"
-
Wall Street Bets, Market Memes, and the Current Social Environment
-
The Crypto Crusades
-
Dueling Perspectives on China
-
Optimistic Technological Predictions: The Technology of Science and Space