The "What is Money?" Show

The Future of Bitcoin with Willy Woo (WiM379)

Episode Summary

Willy Woo joins me to discuss the nature of money, Bitcoin's utilization of new and cheap energy sources, how derivatives and futures markets affect Bitcoin’s price, and the macroeconomics of Bitcoin.

Episode Notes

Willy Woo joins me to discuss the nature of money, Bitcoin's utilization of new and cheap energy sources, how derivatives and futures markets affect Bitcoin’s price, and the macroeconomics of Bitcoin. 

Willy Woo is an analyst, entrepreneur, and investor. He is a Partner at Crest and SyzCrest FoF. 

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// OUTLINE // 
00:00 - Coming up 
00:15 - Intro 
01:48 - Helping Lightning Startups with In Wolf's Clothing 
02:34 - Introducing Willy Woo 
03:24 - Money: A Ledger of Ownership 
04:31 - Social Consensus, Matter, and Energy 
08:04 - Controlling the Fiat Ledger 
10:19 - Money as a Social Construct 
12:03 - Bitcoin: A Physical & Digital Asset 
13:46 - Need for Competing Currency 
16:45 - Bitcoin's Utilization of New and Cheap Energy Sources 
20:05 - Run Your Business From Anywhere with NetSuite 
21:10 - Secure Your Bitcoin Stash with the iCoin Hardware Wallet 
22:08 - Impact of Derivatives Market 
27:28 - How the Futures Market Affects the Bitcoin Price 
29:57 - History and Significance of ETFs 
33:58 - Weakness of Bitcoin 
37:29 - Effect of Futures Market on Volatility 
39:36 - Price Discovery for Bitcoin 
41:46 - Take Control of Your Healthcare with CrowdHealth 
42:48 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 
43:39 - Macroeconomics of Bitcoin 
46:41 - Global Liquidity Cycle & Upcoming Halving 
49:23 - Sharpe Ratio 
51:15 - Short Squeeze of the Century 
52:50 - Where to Find Willy on the Internet

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