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The Fiat Apocalypse with Lawrence Lepard & Quoth the Raven 

What Bitcoin Did
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“There is no way back, I think we’ve crossed the event horizon…they’re going to do everything they can to keep it together as best they can, but at the end of the day it all leads to monetary debasement.”
- Lawrence Lepard
Lawrence Lepard is an Investment Manager and Austrian Economist and Quoth The Raven is an independent financial researcher. In this interview, we discuss how the dollar could fall, signals in the bond market, what central banks can do, and the debt spiral unwinding.
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TIMESTAMPS:
00:00:00 The Bitcoin debate
00:06:25 Lunatics running the asylum
00:18:33 No way out but inflation
00:28:21 The silent killer; crowded exits
00:39:34 USD falling; ETF rugpull?
00:50:31 Bonds signals
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#Bitcoin #Finance #Economics

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11 июн 2024

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Комментарии : 144   
@user-hb1qo6cu1z
@user-hb1qo6cu1z Месяц назад
Quoth is one of my favorite guys because of his ritious display of constant anger. As it's released it makes me smile and feel better. Plus, he is smarter than hell. He is humble. AND, we.all love Larry
@OPIXdotWORLD
@OPIXdotWORLD Месяц назад
indeed...we need more folks to say "the system is not broken, it is designed to fukk u"... bitcoin is math, not emotion... we live in a world corrupted
@abrahamnorthhampton3327
@abrahamnorthhampton3327 Месяц назад
Interesting and entertaining discussion, but Chris really needs Larry. Chris is so low-signal-to-noise... I know people who are already convinced love Chris's rants, but he doesn't do much to convert the uninitiated. Larry is a master at digging that signal out of the noise floor and amplifying it without making anyone feel bad.
@relbik66
@relbik66 Месяц назад
Stopped listening to QTR completely because he was shitting on BTC...haha here we go, good for him 👍
@NappyWayz
@NappyWayz Месяц назад
I try to listen to people that I disagree with as well. It helps to challenge and/or strengthen my beliefs.
@philfortner1805
@philfortner1805 Месяц назад
Same here.
@theguy9067
@theguy9067 25 дней назад
Sheep
@P__114
@P__114 Месяц назад
Holy hell I am excited for this combo.
@alignmediationltd1344
@alignmediationltd1344 Месяц назад
Chris speaks our language. Spot on. Larry is brilliant also
@CowboyInTheJungle21
@CowboyInTheJungle21 Месяц назад
Chris and Larry are all-stars!!! What an amazing pod!
@SteveDyn
@SteveDyn Месяц назад
Awesome guests
@CowboyInTheJungle21
@CowboyInTheJungle21 Месяц назад
Chris’s rants are epic!!
@lvern60
@lvern60 28 дней назад
Never listened to QTR before...sounds like a cross between Joe Rogan and Bill Burr... enjoyed this podcast.
@AllNighterHeider
@AllNighterHeider Месяц назад
Outstanding episode Thanks dudes
@kevinkelly1875
@kevinkelly1875 Месяц назад
Love all 3 dudes here. The best. Happy to be in the foxhole with these guys 👍
@Mr_Hundredaire
@Mr_Hundredaire Месяц назад
THIS was an exciting episode! Chris speaks our language and Larry is the cool head in the room that ties it all together
@germaine4032
@germaine4032 Месяц назад
Great show. I challenge Peter to get a fiat politician on to debate a bitcoiner.
@KristaB253
@KristaB253 Месяц назад
Great conversation, fantastic guests and an exceptional host. 👏🏼
@RobEGR19
@RobEGR19 Месяц назад
This was a very good conversation. I enjoyed the end when they discussed their view of Fed J Powell.
@user-99.99
@user-99.99 Месяц назад
I think folks overlook why some people buy the ETFs. The only reason I bought FBTC, and will buy more asap, is that my money was already locked up in an IRA and I’m too young to withdraw it without paying the early withdrawal penalty. That said most of my Bitcoin is in self custody.
@haraldclark6206
@haraldclark6206 Месяц назад
Great conversation, many thanks!
@brenden5721
@brenden5721 25 дней назад
Hanlon's Razor - "Never attribute to malice what can be explained by stupidity." 🧡
@CryptographicAlien
@CryptographicAlien Месяц назад
I honestly never heard of QTR before he came on your pod the 1st time. Guy makes a lot of sense
@darrenpalliaer8928
@darrenpalliaer8928 Месяц назад
Brilliant talk. Thanks❤
@mazeman01
@mazeman01 Месяц назад
Great guests!
@Mr_sahu_jii_72
@Mr_sahu_jii_72 Месяц назад
Thank you for your research. I find your videos are well done. RIght now I'm keeping an eye on Eledator
@MystiqWisdom
@MystiqWisdom Месяц назад
Wow, great conversation 😮
@djdos83
@djdos83 Месяц назад
brilliant combo! thanks for this. Would love to see Roth and Erik Cason together, the rants would be epic
@_-Wade-_
@_-Wade-_ Месяц назад
What great guests.
@jackgill2391
@jackgill2391 Месяц назад
Another banger ❤ mr Bedford!! ❤
@edawg654
@edawg654 Месяц назад
The raven guy is great. He’s the humour we need
@seangrandillo
@seangrandillo Месяц назад
Goodie. Thanks always
@redman3863
@redman3863 Месяц назад
Wow- what a duo!
@KILlER__KING179
@KILlER__KING179 Месяц назад
Oh, I love you guys, the best market analysis! Seriously, why not mention Eledator?
@EricCarrJeetKunedo
@EricCarrJeetKunedo Месяц назад
Man... " Compound interest is undefeated." I watch larry as much as I can
@ConorChepenik
@ConorChepenik Месяц назад
good ep
@markblight979
@markblight979 Месяц назад
Lawrence dont sell the hype. Let it happen.
@muttleyZZZ
@muttleyZZZ Месяц назад
QTR Chris is a fucking wordsmith of epic proportions. His rant at the beginning following the idiotic Bernstein video is awesome😂
@stanleyrizzo
@stanleyrizzo Месяц назад
banger episode
@richard7945
@richard7945 Месяц назад
Have any of these guys bothered to read Kelton’s book?
@bluewatermiles
@bluewatermiles 26 дней назад
My guess is that Larry may have, as he has more of an understanding. Hard to unlearn stuff though!
@AlmonteList
@AlmonteList Месяц назад
Lawrence the Legend
@markperl5900
@markperl5900 Месяц назад
Gensler did say it! He said that though he has no control of such policy, the government was on an unsustainable fiscal path. Can't be clearer than that! It shocked everyone at the time and discussions around this topic have been relentless ever since.
@drackotheguitarist
@drackotheguitarist Месяц назад
Hearing Chris call Saifedean Ammadean makes me realize he hasn’t gone deep enough.
@russv.winkle8764
@russv.winkle8764 Месяц назад
Good catch I was like who the hell is "Ammadean"? He obviously has not gone deep enough let alone diving into Rothbard etc.
@TheLazyDrone
@TheLazyDrone 23 дня назад
I have thought for many years now that the biggest problem in the world is an abundance of incompetence.
@jeffu8520
@jeffu8520 Месяц назад
Hello from Sunny Bradenton Florida 👍
@eddiebeer4516
@eddiebeer4516 Месяц назад
Love the show. I hope someone can answer this important question.. Let's say some entity that can print all the money they want decides to short bitcoin in the futures market continually. Couldn't they just suppress the $ price as long as they want? After all because the futures markets are cash settled, they can just keep buying with fiat at the expiry date.
@endthefed5304
@endthefed5304 Месяц назад
Yes, the trick is to buy shitloads at x price, then buy high leverage shorts and sell the spot at x or less for a loss. Then clean up on the futures bet. rinse and repeat.
@sunny051488
@sunny051488 Месяц назад
Yes, someone theoretically can do this but that would also decimate their local currency that they are printing at the same time. Is there a country out there that is fine with destroying themselves just to suppress the price of bitcoin?
@TorupHodl
@TorupHodl Месяц назад
Not confused at all😂
@siegelfilmsweddingvideo
@siegelfilmsweddingvideo Месяц назад
All I hear when Chris talks is Joe Rogan's voice
@Handle35667
@Handle35667 Месяц назад
Government is not “just people”. It is an amalgamation of people, that takes on the most base and often best/worst characteristics of humankind (survive, multiply, expand, and dominate at any external cost). Additionally Government is a protected class of “person” that is immortal and is vested with Rights, Powers, and Privilege, not extended to individual citizens. Governments and Corporations possess legal rights (monopoly on violence, currency counterfeiting), voting rights, and other protections (limited or no liability) and rights (intellectual property) that sometimes don’t even extend to people, or are taken from people. Add in the fact that Corporations and Governments are immortal. Governments and Corporations are a reflection of people and have done very well for themselves. Better, by far, than the Citizens that created them. Saying govt is “just people” sounds like abject denial of reality. Maybe wishful thinking by someone with their head in the sand. Or an empty platitude uttered by a talking head, incentivized to make mouth noises on a per-click basis.
@soundsnags2001
@soundsnags2001 Месяц назад
You are the midwit meme come to life.
@jcantonelli1
@jcantonelli1 Месяц назад
I'm glad Chris caught that podcast with Ammedean Saifous.
@jong8427
@jong8427 Месяц назад
RFK Jr. has vowed to NOT tax bitcoin and also to put bitcoin on the treasury balance sheet. He owns bitcoin. He understands and values its fundamentals. He is intelligent and not captured by corporate ethos. We should all follow his RU-vid channel. Vote for Best, not the two lessers.
@lucieneadg5837
@lucieneadg5837 Месяц назад
Larry, Bitcoin is currently going through adoption cycles, regardless of money printing. It will appreciate by multiple factors in a cyclical fashion whether or not central banks print or not.
@lamanana6951
@lamanana6951 Месяц назад
leverage is the achiles heel!
@philfortner1805
@philfortner1805 Месяц назад
Gold is a dead rock, we welcome him to BTC.
@jksmithiii
@jksmithiii Месяц назад
The problem I have with the BTC v gold debate is, it doesn't have to be an xor decision; why can't we make rational use of Sowell's tradeoffs mental model here? One thing I do know as a major problem on the gold side: if somebody wants your gold, they'll find it and take it, and you won't be able to do a goddam thing about it. Schiff doesn't talk about this at all, at least I haven't heard him address it. This alone makes gold a non-starter for the middle class, or what's fucking left of it.
@danielmoreno9498
@danielmoreno9498 Месяц назад
what an adorable dog larry has
@Johnnymoo1969
@Johnnymoo1969 Месяц назад
The only asset worth holding seems to be BTC
@joshpoland6225
@joshpoland6225 Месяц назад
" what do you want me to do? Do you want me to write a piece called, 'We're all fucked?'" "Yes, that's a perfect title." -from The BIG SHORT
@Crypto_Catholic_Crow
@Crypto_Catholic_Crow 7 дней назад
QTR grew on me at the 13:00 mark
@user-jx4vm7tr8s
@user-jx4vm7tr8s Месяц назад
Where is he from Montreal
@barleywaterfederal
@barleywaterfederal 29 дней назад
“Sometimes people just want to write down that they had a hamburger for dinner”
@captaingoodness9812
@captaingoodness9812 Месяц назад
Larry, how come no wrist tattoos?
@revereirschedule8966
@revereirschedule8966 29 дней назад
Close your eyes and listen. QTR' voice sounds exactly like Joe Rogan.
@mc-kz8zn
@mc-kz8zn Месяц назад
Awesome. And scary! We're so f'd...
@LeeJF1
@LeeJF1 Месяц назад
Awesome🤝 luv Larry 🫡
@bitplebleo
@bitplebleo Месяц назад
Oh jeez I really needed to listen to someone ranting about the fiat shitshow ahaha great episode
@longshort313
@longshort313 Месяц назад
No one talked about the real big banks that run the show. Just to remember, the FED is a private bank!
@endthefed5304
@endthefed5304 Месяц назад
"The government is just people" ... With big guns.
@AllNighterHeider
@AllNighterHeider Месяц назад
Hey Rebels
@KYFHOme
@KYFHOme Месяц назад
Government in not "just people." If it were, you could fix it by replacing the people. That's the problem with a government that has become a self-serving and self-perpetuating malignancy.
@lhzsdgsfbvv
@lhzsdgsfbvv Месяц назад
We all agree on the problems, But its hard to find the sollution.
@brettteeter3461
@brettteeter3461 Месяц назад
Uh, isn’t BTC the solution?
@dannybitcoin116
@dannybitcoin116 Месяц назад
in the times of long past there was a reset every seven years in the Jewish tradition where all debts were wiped out that’s how they dealt with the situation of overextension and anyone that was irresponsible and dealing in overextension had to pay the price at the end, when the reset happened…… seems like a good plan to me
@wmsc0ttcunn1ngham96
@wmsc0ttcunn1ngham96 28 дней назад
How can people work for government? I'll tell you - most line, rank & file, non elected wage employees do a good job. They really do try to make a difference, using their expertise and education. Don't conflate elected politicians with worker bees, we really do need solid hard working brains in that business.
@argentovacquero627
@argentovacquero627 Месяц назад
QTR sipping a Guinness? 😋
@garymino2215
@garymino2215 Месяц назад
Coffee.
@Zoofactory
@Zoofactory 28 дней назад
The good news is we are rebuilding the system before the current version completely collapses. ☝️
@btdoe3259
@btdoe3259 Месяц назад
Inflation is wealth transfer. Simple as that. Is it on purpose you transfer wealth from x to y? The answer depends on how naive you are.
@11oakleyman
@11oakleyman Месяц назад
Ledger sponsor????
@michaelcowdrey4494
@michaelcowdrey4494 Месяц назад
That dude at 8min was a fool
@danpate6807
@danpate6807 Месяц назад
What will the 10 yr do when the shit starts to happen?
@jonashayes2508
@jonashayes2508 Месяц назад
this yelling guy with tats is annoying
@mlbonfox8199
@mlbonfox8199 Месяц назад
Btc is a savings acct ( that’s it nothing else Maybe in 50 years it’ll spring
@bluewatermiles
@bluewatermiles 26 дней назад
Try a bit harder, guys. MMT doesn’t promote printing endlessly or that there aren’t consequences to printing. That guy Chris is ranting about things he hasn’t taken time to think through.
@cryptoshrimp2075
@cryptoshrimp2075 Месяц назад
This time its transitory 🤣
@indysitebroker
@indysitebroker Месяц назад
Qtr 50/50 BTC is 50% short BTC
@neoretrophoto9198
@neoretrophoto9198 Месяц назад
Listening the excited guys insane rant is making me feel as dumb as a second coat of paint . Usually these are good.
@wildwoollas
@wildwoollas Месяц назад
Bitcoin IS MMT. Fiat is the OMT
@user-mg4qm4rl5j
@user-mg4qm4rl5j Месяц назад
Wait, do you think cryptocurrency will crash? I don't think so. I'm using Eledator, traders just do business instead of me :) I don't afraid even if crypto will crash
@BatmanBoss
@BatmanBoss Месяц назад
Why do we borrow our own currency we can print? So we can pay the bankers! That’s what he didn’t want to admit
@Rawdiswar
@Rawdiswar Месяц назад
Plz elaborate
@jksmithiii
@jksmithiii Месяц назад
That clip is so cringey embarrassing I can't watch it anymore :)
@redman3863
@redman3863 Месяц назад
Agree- it’s beyond cringe. It’s gross.
@DrewHuangLiangHui
@DrewHuangLiangHui Месяц назад
It’s like begging your teacher to give you 1 extra mark to give a pass on your exam 😂
@jeromejalibat3951
@jeromejalibat3951 Месяц назад
Would you be able to say why? Cheers
@BradZook
@BradZook 29 дней назад
Tattoos look like hell. There is no exception to this rule.
@marioperry7369
@marioperry7369 Месяц назад
At 31:00, Larry talked about some guy who’s in his 60’s, house paid-off, no debt, modest lifestyle, and $2M saved-and he doesn’t feel comfortable retiring…. I mean, c’mon. Really?? That right there is NOT the money needing to be fixed; that’s the individual who needs fixing. That’s the second or third time I’ve heard Larry tell that story, and I think it’s so ridiculous. It’s such a Boomer-state-of-mind…. Whoever that dude is, you think he’d feel any different if he had $3M? $4M?? Fuck no. It’s called Boomer Greed. He’ll die with that money. Re-think telling that dumb story, Larry.
@sebastienloyer9471
@sebastienloyer9471 Месяц назад
😂😂😂
@Blockchain_Basics
@Blockchain_Basics Месяц назад
First :P
@johndavance8
@johndavance8 Месяц назад
Chris' rants are so annoying, adds nothing to the conversation, stopped watching because of him - he's not as smart as he thinks he is
@bluewatermiles
@bluewatermiles 26 дней назад
Big fan of BTC, and your interviews, but the flat earth economic perspective that’s been forecasting gloom and doom around the corner for decades has got to go. You should interview Stephanie Kelton in order to get a more accurate perspective of MMT, although keep in mind that her perspective is liberal and MMT isn’t political. Expert doctors practiced bloodletting for decades after germ theory was developed. Reminds me of guys applying ancient Austrian economics to the current US financial system!
@WhatBitcoinDid
@WhatBitcoinDid 26 дней назад
We did interview Stephanie Kelton, you can find that show here: www.whatbitcoindid.com/podcast/modern-monetary-theory-with-stephanie-kelton
@jamesgeorge65
@jamesgeorge65 Месяц назад
The guy in the cap, while he may be right on, as juvenile anger issues. He’s being obnoxious here. Embarrassed himself.
@oliverb6967
@oliverb6967 21 день назад
Raven is WACK for paywalling that saylor interview. Gay
@QTRResearch
@QTRResearch 8 дней назад
its free on my podcast website, Apple podcasts and Spotify ya dildo
@jayd6813
@jayd6813 Месяц назад
F Bomb Dude, like so many Americans, has an infantile concept of Marxism - it appreciates the value of labor and resources, but that the workers should have ownership - it does not say money can be printed or that markets are bad - barter tomatoes for sheep and find price discovery - great. But don't let concentrated Capitalists corner markets of labor and resources. We in the States were never allowed to learn the merits of other systems, only the deficits, which should raise eyebrows.
@redman3863
@redman3863 Месяц назад
So, empirically then, please tell me ONE example of when the Utopian Marxism you cite has EVER improved a society? I’ll keep fucking waiting.
@russv.winkle8764
@russv.winkle8764 Месяц назад
Why should workers have ownership if the Capital was saved and invested by the entrepreneur? All the risks associated with starting a business are not shouldered by labor yet they are somehow entitled to own? Why even take a risk in a Marxist system?
@danielupston8275
@danielupston8275 Месяц назад
Discussing blasphemy. No attempt to block it out! Highly offensive in any decent circle.
@josepholsen2502
@josepholsen2502 Месяц назад
The raven guy could be the worst guest ever. Unwatchable
@StormInATeaCup35
@StormInATeaCup35 27 дней назад
QTR rants are so boring. Rants in general are boring. Pure emotion, no info. Enjoy his level-headed commentary though.
@organic723
@organic723 Месяц назад
This was AWFUL!!
@dannyu-u3081
@dannyu-u3081 Месяц назад
The profanity is gross
@lastnamefirstname2390
@lastnamefirstname2390 Месяц назад
Tax the rich.
@soundsnags2001
@soundsnags2001 Месяц назад
They will. It won't fix the problem.
@CowboyInTheJungle21
@CowboyInTheJungle21 Месяц назад
Tax the poor, tax the rich, tax everyone with a flat tax rate.
@lhzsdgsfbvv
@lhzsdgsfbvv Месяц назад
Will be both inflational and destructive for the economy.
@philfortner1805
@philfortner1805 Месяц назад
You could tax the rich 90% and it wouldn't solve this gigantic debt problem. As the movies say, it is written! Sovereign debt collapse has begun and there's nothing that can stop it.
@redman3863
@redman3863 Месяц назад
Lol
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