On the perfect trading strategy, love to Bitcoin and the shitcoins future — WhalePanda


if Bitcoin cannot survive then I don’t
think any outgoing can survive hi nice to have you here
glad to be here thank you for inviting me yeah well my first question is usual
what we’re drinking today apparently Shiva’s Chivas yes whiskey
whiskey you like whiskey I like whiskey because when I ask you what what you’re
going to drink and each guest brings his like favorite alcohol drinks brings yeah
ok or I’m buying for them yes so that’s why it was not my favorite yeah you’re
special I’m buying this for you but anyway why whiskey I don’t know I
like the taste but but I’m I drink mostly a scotch so I can tell more or
something like that sorry not too smoky but you’re not special
okay but still forgiven yeah thank you so how did you actually
came to to krypton how you well this it’s it’s just the same old story end of
2013 seeing news articles about Bitcoin booming and then I looked into it and I
started buying shit coins so but but well that was when I actually bought my
first crypto but before that I was on a website called black hat world which was
very popular with like SEO type of guys I did SEO back then and I read about
Bitcoin there and like 2011 I think and I read about it and just seemed like a
scam so I just like if I would have bought them it would have been a
different story but so I bought the top at 2013 and then started buying shit
coins and so you’re a shit code trader I yes I was or you are
still trade shit coins but just to make my Bitcoin okay that’s so that’s a
reasonable explanation that’s a favorite excuse of any shit going trader you know
yeah I do that i trade shit it’s like it’s like I believe it’s like a glad
seeing that’s it it’s it’s called a monetary Bitcoin maximalist okay so you
break ground there’s actual marketing as far as I understand yeah
online marketing like what did you do like basically anything in online
marketing like AdWords campaigns referral marketing affiliate marketing
even SEO of it the circuit on that website I was working in an agency that
it’s online marketing so and before that I was even like completely different
things I did like customer support for printers and online banking and stuff
like that did you enjoy the online banking no I did it for six months that
was one time I had to help 70 year old woman make a payment online and after
that I said okay I’m took me about an hour
I’m more into crypto and no after I said okay I’m done with this I’m not doing
online banking support anymore okay so did I show your marketing background
help you to promote your own personal brand within the crypto oh yeah for sure
just knowing when to tweet how to tweet now and now it’s a bit less so you know
because obviously you have like two 250,000 followers so it’s 20 to hunt
Wayne maybe when this airs it will be yeah so it’s basically doesn’t matter
when I watch it I just you just can you can just say like short bankers long bit
core and then everyone will just retweet that and cheer that oh my god yes those
sort of people do that and those are the easy easy wins but I try to avoid that
but it did help like you know with certain exchanges have like referral
campaigns and using my background in affiliate marketing
I certainly exchanges I have a lot of referrals which is a nice passive income
for me as well because you know like there’s all like in crypto there is like
business owners or developers usually those who get the most of the attention
you know like owners of exchanges or like on mining companies or like core
developers and traders of course there yet it’s a huge like amount of crypto
community and they’re like really really famous traders but this is quite a rare
you know for a trading trader to have like that much followers I think you
were there’s a website called hive dot one and you are included in top top ten
Bitcoin people and top xx in crypto people in general I think it’s top
twenty and top thirty or forty last time I checked but yeah yeah that that’s a
combination of things so I I do trade but I don’t like make those rate public
anymore because it if you like say anything about the coin people are gonna
buy it which I don’t really want because I don’t want to like sort of like giving
financial advice obviously but at the same time if they if they lose money on
it they will give you so much crap about it even though everyone should be like
responsible for your own actions it shouldn’t just follow other people’s
advice so I said I still trade a lot but I don’t make it public anymore but I
think what really helped me or made me popular back then was I made a post
about it cerium like oh the title was called I was wrong about it cerium again
my marketing background you know clickbait title that always works but it
was like at the at the high point of aetherium so it was a 0.14 BTC so a lot
of people are saying item is gonna overtake Bitcoin
and it didn’t but that that article got shared and got like almost a million
views I believe and that really boosted my sets as well okay so do you have any
like your own trading strategy something like that if if you can disclose at
least to some extent like I have my own 3d see what is it
buy low sell high yeah maybe you just like trading top 10 points or so well
that’s true so so in the past I used to trade basically anything and I stepped
down for that because you need liquidity and the quality is only in in the higher
and the top-tier coins but also I got burnt really bad in like 2015 2014-2015
that’s why I also I wanna breeze for havoc in Bitcoin maximalist I guess
because during those times I mean you see an altcoin is going Bitcoin Bitcoin
talk yeah and you see like oh and we’re this is better in Bitcoin and it’s
faster and it’s this and that it has those features encrypted chat and and
then I was like so I was very naive back then and I think a lot of people go
through that face like you discover Bitcoin is over altcoins
and then maybe some of them are better and then you like start to get
disappointed and all those old coins and then you go back to Bitcoin eventually
so but yeah I mostly treat the top tier coins
I try to buy looks like the coins of or your friends like Minerva or white corn
you know I have some one arrow I have some lifetime undisclosed amounts
undisclosed amount what I wanted to ask you this is there no contradiction you
are trading shit Quinn but still you’re like naming yourself Bitcoin maximalist
no because I am my whole point is to make more Bitcoin people got people are
gonna treat shit coins anyway so if I can
money out of it for you shit coins are just a tool to make me more baby yeah
exactly you recently also like became an investor as far as as far as I know your
invest in some like projects and and do that yeah not not only like buying
selling coins but also investing in like crypto projects
well most actually Bitcoin projects yeah so I’m focusing on Bitcoin project like
hollow for example yeah I know you wanted to show your own product no I
asked you not not like name specifically what project what I wanted to ask you
how you choose them what’s like you have your own like not this is not like
trading but more like investment logic behind any project that you invest yes
so my my idea behind it I have to like like the founders but just it has to
make sense to me I get I got offered now since I started doing it I get pitched a
lot a lot of even Bitcoin projects but it it all has to click for me it has to
make sense because most projects don’t make sense or I don’t see how they can
make it profitable because you know most others fail anyway so even though I’m
not that long in the game yet it just has to make sense to me and if
it makes sense to meet and ensure I will invest in your in your project if I if I
see that the people behind it or dedicated know what they’re doing you
know that make sense what do you think about Libra does that make sense to you
that makes no sense to me I think it’s desperate move from
Facebook to stay relevant because you know people are leaving Facebook already
for a while I think it’s mostly a play on Asian market because in in Asia
Facebook is still quite commonly used as even it’s just like a shadow like they
don’t use of course you have like we chat and stuff like that and it’s
countries in Asia they just use Facebook yet to interact so I think they’re
trying to capitalize on that but Libra itself doesn’t make any sense I mean
they kind of really something is in six months
good luck with that and now already regulators are saying that they’re going
to check everything so that is it’s gonna be interesting but it’s not a
really crypto currency it’s not decentralized you cannot validate for
yourself the transactions unless you’re willing to pay ten million dollars to
validate those transactions and yet if you even if you pay ten million they
have this own special requirements for you you can pay them ten million those
but if you like they are filtering the partners and if you’re not like making
in the in they’re like you’re not making with their expectations then you most
probably even if you pay twenty or thirty millions you won’t be able to do
that yeah and and it’s I mean it will be a competitor for PayPal or orphan moe or
something like that it’s I don’t see it as well many people
say that it will be a competitor with Bitcoin like you know Bitcoin 2.0 like
the better going what what but with user base like you know five hundred half
billion people using yes centralized and I think I think actually might be a good
stepping stone for Bitcoin itself because people as soon as people start
getting sensors on it then people will start looking in a different direction
and then I see actually it might become something useful for Bitcoin itself like
people might go to Bitcoin and check it out mmm this cannot be censored this is
decentralized I don’t have a birth checking what I ate last night with what
I paid for in Libra last night I mean yeah so it can be a gateway to Bitcoin
yes as any other show going the token dream that’s like the ideal scenario yes
yeah especially if they will allow trading like exchanging
we brought to Bitcoin let’s well corn-based was one of the partners
that’s that’s interesting at least it’s a strange move that they’re making come
business meet a lot of strange moves yeah I just wanted to yeah say that’s
like it’s not strange for a company who is making a lot of strange moves yeah
it’s fully kyc AML so it makes sense like any exchange can basically edit
without any risks we’ll see how it goes but but I don’t we
don’t call the cryptocurrency goes through and not like they don’t even
have don’t have anything it then about cryptocurrency Bitcoin what is Bitcoin
for well ponder that’s a good question for me it’s mostly a store of value so I
see it as a way to preserve and increase my wealth and also for my children so
where when my son was born I bought a significant amount of Bitcoin just for
him I’m planning to keep it for until he’s responsible enough
that’s 1821 or I don’t know how old to we before is responsible enough but I I
see it as something like sort of value for the future something that will keep
keep over a long time keep increasing in price because of the scarcity and
something that cannot be censored I mean most of us have had issues with things
at some point or even if you make like a payment and a bank call us you like why
are you making this payment who is it for
that’s none of your business making this payment I want to make this payment so
like just let it go through it’s my money but it’s actually not my money
because it’s the bank the bank owns my almost over money then so it’s it’s
taking back the money the sovereignty of your money so what are the main wipe
things that you attracts you in Bitcoin most and initially it was just making money
but but now is it yeah just like this permissionless censorship resistant no
middleman what are the these features that a trial this is the censor the
censorship resistance the pseudo anonymity as well I can’t have as much
Bitcoin as like no one can can if I keep the addresses for myself no one knows
how much I have just for the record I have zero Bitcoin the boating accident
yeah so and and just like it’s sending money to someone on the other side of
the world justjust like that I mean it’s just a
great tool I know plenty of people who who have
like family in third-world countries and they taste just use Bitcoin now to
remember that the moment when you understood that Bitcoin my kids it think
you know trading all this shit coins or when you just started to explore in
crypto you understood like the bitcoin is like the main the main thing in
crypto I may be like the new monetary system no I I cannot like say one exact
moment I think it came over time especially since like I got burned on
quite a few scams altcoin scams and then eventually you maybe it was after I read
the white paper and some started following more interesting people on on
Twitter I guess because even when I when I came just in Bitcoin I didn’t read the
white paper it was only like a couple of years later that better read it yes I’m
not a good bit corner and and just like you know the you have
the website is Satoshi Nakamoto Institute or like what Institute yeah
and they have a lot of a lot of great resource material and if you start
reading that you get like sucked sucked in and then it’s all starts making sense
suddenly yeah so but for me it was not like one one exact moment everyone is
actually I have like few questions that was were sent to me before we make this
result some people and they actually everyone was asking why well ponder
because you know like obviously I do understand why whale because we have
this like big traders or whales but while well ponder what’s behind that I
can actually this question all the time so back in 2014 you had three different
pen the coins and had very big large position in one of those pen the coins
okay so yet will panda that’s basically just like that yes that does that’s it
it’s really not an exciting story at all and then I I used it on I believe it was
on Bitcoin talk the first time when I created an account there and then on
some slacks sheds and it just stuck basically and everyone likes pandas so
it kind of nobody likes whales you know yeah no but to switch it now just to pen
lights a bit like bit strange and everyone calls me appended also yeah
most of the time I see you in t-shirts and hoodies were only panda no we’re
marketing it’s your marketing I’m not selling them in any way I would buy one
I can only so for a long time actual you were hiding behind the avatar yeah it
wasn’t like you were disclosing your real identity what was the reason behind
that that’s a good question also I guess it
comes from when I was used to a stick game a lot like World of Warcraft and
stuff like that you never use your real name you always had your avatar it’s
sort of like safety net I didn’t so also to protect your privacy protect your
family especially but it’s it’s more so than just with gaming because you’re
talking about money here so I didn’t really want to be in the public eye at
that spot at that point so it was just for my personal privacy yeah and now you’re like yes yeah yeah
and what’s the reason behind that you you’ve now like basically told everyone
what is your real identity so suddenly welcome were safe and no not really
so it was a consensus 2070 and I want to go there because I’ve been in Bitcoin
quite a while I didn’t I never went to any conferences consensus was big so I
decided to go to consensus also I think even Samsung Samsung out told me to cut
to come so and then I started as a message pickup of people like from from
my anonymous Twitter account like I’m here let’s let’s meet up let’s have a
chat and then at one point Ricardo Ricardo spiney from Manero he wants to
make a picture and it was not just with my face well the first one was it was
just like normal picture with me a Ricardo and Samsung and something was
wrong with the picture so he won’t dude do it again and then actually my name
Tech was feasible and hit a and hit three to death so then I was like
basically I was so I was screwed screwed by Ricardo so yeah
and then also no longer like anonymous so it was clean students basically yes
glad for that no not really and how do you feel do you
feel better when you’re like well we’re different or we’re like less safe or
like you don’t care about it anymore I feel different I I wouldn’t say I feel
less safe i I I have my security it’s my obstacle
is decent that’s good like that but yeah it was different it’s it also
gave me a lot of new opportunities like working together with Charlie and
Ricardo and Sampson on the magical crypto friends
I wouldn’t be able to do that if I was like anonymous and and a conference is
also fun I like to to meet people have people come up to you say nice things
about you that’s always fun sometimes they say bad things about you know
actually everyone was spawned well we had one awkward conversation with Eamon
consider but other than very positive so moving to magical crypto friends how did
you came up with that idea why it was also like very very silly actually so
Samsung Ricardo and I met at consensus 217 but then at some point in October of
2017 there was a conversation going on on Twitter and I think all four of us
replied to the same conversation and then someone said like you guys you guys
are the four biggest roles on Krypton of Bitcoin Twitter and you should do a show
together we’re like actually that’s not a bad idea
so that’s basically how it started and I actually only met charlie lost last year
consensus so didn’t even meet him before even though we were already doing like
six or seven shows together so yeah that’s basically the whole story why did
you choose that format like for friends or just sitting around and discussing
like news and like there’s like there’s like the the most popular format
encrypted I think is audio podcast when you wait were you just listening
something like did you think about doing the audio or you just straight away the
idea came to you do that the idea was just to like have a Skype talk for us
and the audio what we don’t even have audio
because yet maybe when this airs we will but that’s already substance been
working there for one and a half year just to put our our podcasts or like our
videocast on the podcast but I mean I mean it’s so natural we didn’t even
think about just doing audio and the visual part also allows us to do to do
more or show show things and on my side it’s like my cat’s I always jump song
and I mean I I don’t know III don’t even know how most people view it just turn
it on and then walk away or put on like a different tap and III don’t know or
maybe they’re staring at us for for an hour long looking at everything we’re
doing I I have no idea but at least people have like the option to go there
staring issue I think so after the podcast the next step for you
was conference yeah that was actually also very silly we just decided to do it
at consensus 2018 we were very disappointed at the content that was it
was there during a New York blockchain week and we just said like next year we
should to conference ourselves will be more technical it will be more Bitcoin
focused because here it’s all suits regulators ico healthcare on the box
chain identity on the blockchain we don’t care about that and most people
don’t care about it but but they still coming to New York just because f rom is
there at that moment so just for meetings or something like that so a lot
of people that can provide good content or want to listen to good color or watch
good content will be in New York so so it kind of made sense but then like that
was him in May 2008 II but then I kind of that died down and then in October
again like oh yeah we kind of promised that we would do it so now we should
probably rush if like it’s really start working on it but yeah
it was very interesting but it’s just like came out of the blue just a random
suggestion that that that we came up with and I said yeah oh she did it and
that’s how it always goes with QuickBooks with us did you enjoyed the
role of conference organizer it was interesting um so yeah so it was four of
us but I of course it must work of course of course
anything else is here that that’s no it was interesting I learned a lot about
about the space about speak the speak actually the interesting thing was the
kidding the speaker’s was for us the easiest part because we have a lot of
good connections between the four of us so getting the the interesting speakers
was actually the easiest part then we had someone a project manager doing the
actual physical like it she went to check out the the the venues stuff like
that but the the conference itself was challenging let’s move like that
so the morning we only had access to the venue at 4:00 a.m. and we were supposed
to go live at 1:00 p.m. like a doors open at 12 and the first
speaker at 1:00 but I meant that at in the morning we had to make 800 goodie
bags which all those like big plush dolls and all those coins so it’s like
an assembly line of like 15 people all stuffing bags with at all that so it was
extremely stressful of course Samson showed up late so it
was very stressful for me but then as soon basically as Elizabeth as they seed
they were the first two speakers so it was a fireside chat with Stacy
Herbert for from Kaiser report interviewing
Elizabeth start from lightning lips and as soon as they went to sate like the
the oldest rest like left my body it’s like they’re now stage I’m fine all good
all good if something goes wrong now but at the same time you don’t really enjoy
your conference that much so because you’re I know you can you can talk about
this all so you’re running around yeah I have to we head on to Suites two stages
on two different force so we had to look for the speakers get them miked up make
sure that they’re there on time Elizabeth stark like came in like five
minutes before she had to get on stage something
I mean you constantly running around but don’t you think that this format of
conference focusing only on Bitcoin is like starting to to return to it like
relaunched and then we see more and more conferences trying to focus solely on
Bitcoin or at least focus on proper like blockchain projects yeah so our alcove
our conference was Bitcoin focus but not exclusively Bitcoin I mean with speakers
from working from tar labs working on Manero stuff like that but yes and I
think it was same with I cos so he had so many ICO conference too many and a
tie it down I think it the same will happen now also even with a Bitcoin
conference that you have too many so over the next few years I think like the
less popular ones will not get enough sponsors will not get enough visitors so
I think she’s just a cycle but I think it’s very positive that there are more
Bitcoin focus for conferences I mean we need to get word out there we also just
kind of by our bags yeah but I see that I see that there are two types of
conferences so you have the conference’s that are
focus on building or on end of on the building on the community you have
conferences that are mostly just about making money and I hope that the ones
that are focused on building or the community are will obviously prevail but
sometimes it’s not just about like agenda of the conference or like topics
that they’re discuss it’s also about like managing all stuff that surrounds
like setting the proper price you know making a proper arrangements bringing
the proper people and you know it’s not just like I’m saying I’m like we will do
like Bitcoin conference and and that’s it and now we bring a lot of people who
are irrelevant yes yeah well well we had advantage
added that we had like the proper contacts so if if I messaged someone
they were like him immediately yeah yes awesome it’s only 50 minutes and like no
it’s only 50 minutes but but but yeah so I think you need like proper bit corners
if you want to do a Bitcoin focused conferences conference you should have
the proper Bitcoin – you shouldn’t have like people who attack Bitcoin on your
conference because it makes no sense I think you should also be very careful
who you pick as sponsors we had so many offers from the skinniest I SEOs or
companies that you can imagine or companies that would not be considered
friends of Bitcoin and we just turned them down so that that’s what I was
talking about when I said like you have to type of concerns the one for the
community in the building and the other one that’s just me trying to make money
okay so next year you’re doing another one yes
where are you doing again in New York I know we initially said that we would
move to Asia but it went so well and everyone was like oh but now you
establish yourself here you have your the people here so we
should do it again next year in New York you said yeah okay I guess we will do it
again in New York so yeah we don’t have exact dates yet maybe when this airs we
will but it will be in New York probably the weekend before consensus
but then it’s between now we did Saturday Sunday then we will do Friday
Saturday because on Sunday it was Mother’s Day and a lot of people
apparently didn’t show up because this Mother’s Day and we didn’t and none none
of us thought about that before that it was actually Mother’s Day so yes that
the big one the main one will be in New York and then we’re thinking today like
a trysts test trial version in Singapore or in Asia as well
later that year so you’re going to basically like travel around explore new
locations it was actually one of my suggestions ideally you would have like
one conference every two months like in every part of the world like North
America South America but you know how difficult or you had a conference you
know every two months oh yeah no no that was a joke but two
per year’s issue it ships that should be doable yeah that’s manageable yeah
make sure so this avatar culture it’s quite popular and in crypto space why
why you think it’s it’s so popular within the crypto space because actually
I guess also because of the anonymity and it’s it’s more interesting to see an
avatar that someone’s face sometimes yeah so yeah well my avatar actually
Samsung create them so I was actually a very creative guy for all his flaws he’s
a very creative guy because he has a gaming company the match kokuto friends
the intro the short also all the avatars and the pledge
dolls so I understand like the story behind well Punda avatar understand the
story behind fluffy pony avatar like litecoin charlie just chicken but it was
from rice chicken which was like in that was used whenever that like on pumped
back in the day btc-e days so it’s a very long time ago and with with Samsung
is his Twitter handle was Excel lion so that that’s where the lion came from
it’s actually like the the the part of community that are more frequently using
this avatars and ritual traders so you don’t see quite often like business
developers or like core developers or somebody that they’re using avatars but
some core developers are I yes who like prefer to stay more anonymous like
Vladimir and stuff like that but yeah I actually don’t know why that
is more the case with with traders I guess with traders also preferred the
anonymity you don’t wanna like show if ya OPSEC you don’t gonna show your face
so people know what you look like because if your trader people is
immediately assume that you’re rich well if you’re a developer that might not not
be the case so I mean for more for businesspeople it’s more like – well
obvious but you want to be like transparent yes transparent and and like
it’s more like classic like classic people if from finance stuff like that
they will they will not trust avatars or an enormous accounts that much then I
also notice a lot so I had a lot of conversations about
people saying like oh you’re and I’m too the troll no I’m not I’m just using the
hand like people if you do a bit of research you know immediately who I am
it’s just you’re assuming that because of my avatar I’m because of my my
nickname but actually a funny thing about that so I guess you know she lush
slash from slash fool and there were a couple of others because because I used
the panda people assumed that I was Asian so I had a lot of people come up
to me you’re not Asian oh that’s a surprise yeah yeah but you also use a
whale yeah which is not Asian well yeah no no so actually somehow there are many
many like traders specifically in like area did you leave like Netherlands
Belgium and all that these countries do you have like some kind of culture
whether the roots of that because they’re like plenty of specifically
traders like I obviously don’t know that that’s you have a community you yes no
you hang out with each other no I don’t I don’t I never been to the first
conference I have been to now while it was breaking Bitcoin in Amsterdam it’s
the first conference in like Belgium Netherlands area that I that I’m into
but there are a lot of a lot of like Dutch people in in the trader community
I think it’s because they accept technology very fast so they’re always
ahead of the curve while in Belgium we’re always like at the end of the
curve like for us to confer a long time like when I say us I mean Belgians in
general to trust like e-commerce and stuff like that and that’s growing now
but yeah in evidence there are a lot of traders like yeah but but I cannot
really tell you why I just assumed it’s because
they’re ahead of a curve today they see the potential in Bitcoin
from your perspective what lacks in Bitcoin to become like massive thing you
know like commonly used like at least at the level of some European payment
systems something like that ease of use yeah so that’s that’s also one of the
reasons why I think you know it’s a popular opinion that we’re gonna use the
custodial wallets just because it needs to be easier to use and sadly then then
you’re going to end up with custodial wallets that are like one two clicks
scan one click and that you don’t have to worry about your seat freeze your
recovery or whatever so I think custodial lightning wallets will play a
big part in that for you personally if you would have like three options to
choose from like we’ll give you one option you choose that and maybe or
maybe not you will have like boost in in mass adoption like three options are
like some kind of new technology like built up like on top of Bitcoin or with
into Bitcoin one of the biggest government’s accept Bitcoin as a as a
legal tender or as a payment method within the country or like huge inflow
of institutional investors what which one do you believe would have like the
biggest impact on mass adoption and in price obviously well that that’s the
difference because on price I guess institutional and okay let’s let’s like
pick one for the price and one for the mass adoption mass adoption is obviously
the one government like having it as legal
tender and the price will be an institutional money yeah so the
technology doesn’t mean a lot or we already have like we already have a
certain level of technology and I think that mass adoption also kind of forces
you to to scale so one of the things that the people are saying like oh other
things as we’re seeing not all exchanges use batching not all exchanges to sacred
stuff like that but if you had the fees go up at some point they will be forced
to use it so it’s in a way they will be forced to to implement those things
because during the I mean people have been bothering them for like since the
since end of 2017 I guess like when you’re gonna do batching when you’re
gonna do seg wit and saying like ah we don’t the sort of priority for us now
we’re gonna implement shit corn blah blah blah but for us now yet so that’s
something not a priority but but but but without the particular exchange you are
referring to but let’s not talk about many many many exchanges so but so I
think like once the best absorption happens they’re forced to do that anyway
so do you really believe that technology wise bitcoin is already ahead the curve
and of the curve and we need like lay layer base layer yes I mean there can be
a lot of stuff built on top of Bitcoin itself and that’s being built I mean
we’ve seen like with Lightning Network we’ve seen with with side chains like
liquid and stuff like that there’s a lot of stuff going on and it’s actually very
exciting that to see like the progress that we made and lost to three years but
the base layer not much has changed there and that’s actually a good thing
so I see a couple of things more common now in addition or and stuff like that
but after that I think soon after that it will just freeze and
not change anymore and everything will be built on top of that layer 2 layer 3
so you referring yourself like you usually say about yourself that you’re a
Bitcoin maximalist although as we do the trade shit coins is there any chance
that in future you will say ok I’m not a Bitcoin maximalist anymore like I know
that there’s always a chance but like what could actually force you to stop
being Bitcoin maximalist and become like out coin maximalist or like a person who
accepts that there are other out coins exist and actually cheering for other
old coins as well I actually think that I would rather quit entire space then
then that that happening we guess bitcoin is like its inception was like
like a virgin exception like it was so so pure almost that that that’s
impossible from now on because like even if you look at the start up with Korean
it was mine to dead by like a lot of feces but a lot of money in like buying
Ric’s fur to just mine cream it does at a start like the slow start that that
Bitcoin head it’s impossible now so I don’t think that something like that
could be possible again and if Bitcoin fails for whatever reason it does if
that one can if Bitcoin cannot survive then I don’t think any altcoin can
survive and that’s actually also one of the interesting things a lot of Ultron
creators they see their product as better and Bitcoin but you know what
we’re talking about Charlie Lee or Ricardo spiney they don’t see it like
that they could also call themselves becoming maximalists because they see
Bitcoin as the main coin and they also know that if Bitcoin fails or other
projects will also eventually because if that even cannot survive then
there’s no point really when you’re like comparing Bitcoin to this virgin
inception I had a religious experience yeah there’s a famous famous words from
one famous man so yeah about about Bitcoin like in ten
years from now do you believe that there will be only Bitcoin or there will be
like other coins there will be less coins there will be more coins and what
that depends on what kind of coins were talking about so just like the pure
altcoins there will be less but they will still exist it as long as its
profitable it will exist and we also this discussion actually on our show if
there’s no more narrow or believe there’s no like oh and then another coin
will fill up that gap and maybe it will be a more scamming one so you know you
always have that there’s always like an incentive to create something new and –
yeah try to scam people – bye – bye oh shit going now
so but although I think there will be less out coins but maybe you’ll have
more like security tokens and so like that sort of thing that might that might
become more popular I don’t know your opinion on the stable coin security
tokens government coins governing back coins or commodity back coins security
tokens can be interesting I guess but I still need to see the first one that is
interesting fiat coins are useful for transferring
money between two different exchanges that’s that’s it as a trader you use it
like to 2h basically or or or – to arbitrage yeah basically now with with
all the second layer implementation coming out like where you have like
liquid of course it’s for institutional players at the moment
but you can like instantly transfer bitcoins from oneexchange to another
exchange like in few seconds and so basically there’s no need on having it’s
only worth if you want to fix something like but it is a arbitrage a possibility
that then that that’s like Fiat coins can still be useful at some point but
other than that no and government-backed coins like petrol and stuff like that no
no no thank you I don’t see any any future in that yes stos maybe we’ll see I have a
question which I always ask to my to most of my guests to all of my guests
which is who Satoshi Nakamoto by your opinion like there’s no if you don’t
want to name any like particular name no there’s no need to do that just like you
can describe whether it’s like group of people or one person how do you think
who is he or she or I think it’s a group of people and I think that healthy knee
is definitely part of it as for the other people III I honestly don’t know I
kind of want nick szabo to be it but I’d actually doubt it I’ve heard the craziest like we all
heard three stories but so is that even like Peter thought could be Satoshi
Nakamoto because he was at a very young age he was already talking to Adam back
and stuff like that the age of it came in at age of 14 he was talking about
double spend parabola and stuff like that so I honestly don’t know but I
wanted to be nick szabo okay yeah if you had a chance to like like know this
information like you had a chance to like the Satoshi Nakamoto will be
disclosed to you would you take that chance will other people know that I know no
they don’t know like you’re the only one oh yeah yes then I want to know like if
other people know then they might pressure me or something like that so oh
yeah what did you pressure yourself you know because you’re like now you know
like information that nobody know that will be interesting I mean I what you do
is I think no actually I don’t want to know that because I might get
disappointed yeah well like it’s quick right no no I I’m very curious person I
always want to know everything so yes I think I want to know you want to know
yeah like if you had a chance to disclose it publicly no I I wouldn’t
tell anyone no yes and especially like if the person
doesn’t want to make it public it’s not my it’s not my spotter like to make it
public like if the person was to be in peace let him be in peace at least I
will know so no and I’m actually sure that some people know like to put people
who were there initially I’m sure that some people least some people know who
it actually is or was I asked Jack Oh Mike showed this question but I want to
ask you as well who is the super villain of Bitcoin and
who is a super hero of Bitcoin you can name a few or you can just a super
villain I guess the obvious one or rocha fir creek right
hi Roger he actually did like in the days yes a good good good thing but but
that’s typical for a super villain oh like he started out good it is there has
to be a big story so it started good and then he like lost his mind in
some kind of accident and supposed to be cash and then he turns into the bad guy
SS for the the good guys I’m eating I guess people like Adam Beck actually for me whoa jimson lop he’s
like he’s so smart and he like yeah I really like James is it for me one of
the heroes then of Bitcoin I wouldn’t go for like the obvious names with Jameson
James so basically developers yeah any
business developers as well like or maybe like people who like public
speakers something like that or book writers or something like that weird no
I’m just just just you know I’m not pointing you it so I feel the way tell
more people you know no just if it’s if it’s developers and I agree with you on
that because these people are obviously doing like the most of the job and then
what they’re building the important stuff I would say Nate’s from bitstamp
no actually is are very important because they also have an important role
in the entire ecosystem yes some exchange owners supported like every
attack on Bitcoin own name who but then you have like bitstamp BitFenix kraken
who like get bitcoin bit mix as well like bit mix they provide a lot of good
that their research is amazing and they’re also like really Pro Bitcoin so though those are the people that like
are very good educators and very important like they’re in key positions
to help support Bitcoin and they’re taking their responsibility which is
great ok I have the final question I think I usually ask my guests to make a
prediction about Bitcoin price oh and we will put that prediction on on the
prediction platform and anyone basically who will be able to be first there will
be able to bet with you so you need to pick a date somewhere in the future like
September October November and say like on the first of I don’t know November
let’s just do like the the 1st of January 1st of January 2019 2020 like Oh
mold the show in 2018 you know if we would I would make a lot of money with
like you know shorting in yeah of course so yeah first of January 2020 hey let’s
see bigger than or Slyke smaller than basically nice more than 20,000 smaller
than 20,000 yeah okay so when we will publish your episode and we will put
this prediction on on our prediction platform we’ll see ok ok thank you very
much was it nice to speak with you thank you for having me regarding with you see
every day yeah Cheers you

Leave a Reply

Your email address will not be published. Required fields are marked *