Bitcoin is not a hedge | Parker Lewis at Old Parkland
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- Опубликовано: 9 июл 2024
- At Dallas' world-class business campus, Old Parkland, Parker Lewis explained why bitcoin is the ultimate solution to monetary inflation, how bitcoin adoption occurs over time, and why bitcoin is the greatest asymmetric opportunity today.
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00:00:00 Intro
00:01:17 Bitcoin is not a hedge
00:02:34 Bitcoin is not crypto
00:05:10 Bitcoin is the ultimate solution to inflation, not a hedge
00:16:10 The halving is not priced in
00:18:57 Printing money is inevitable
00:28:25 Bitcoin is the greatest asymmetry
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→ Parker Lewis’s Twitter: / parkeralewis 
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Schedule a consultation with our team to learn how to secure your bitcoin, and use promo code KEYS for $100 off a bitcoin IRA: unchained.com/consultation?
This presentation is nothing short of BRILLIANT!!! Parker explains BTC in a clear and calm manner, I’m saving this to show anyone who wants to understand BTC better and for good, can’t thank you enough sir!!!🙌🏽👏🔥🔥🔥
Money is NOT printed (only 3% of US currency exists in physical form) 97 % is Currency (electrons on a screen) The US dollar is Fiat Currency, backed by the "full faith and credit of the US government" Fiat means by order or decree, authorization or sanction - which means the government by FORCE mandates that you use the Dollar issued by the Privately Owned (non)federal (non)reserve (non) bank. What our wise and benevolent "public servants" directed by their Masters does to Bitcoin and crypto, who knows but John Lennon had a great quote on such a subject "Everything the government does, turns to shite, not gold" .....In GOD We Trust 🙂
I hate to burst your bubble, but having a cap on supply does not grant BTC its value. After 15 years it still lacks utility and stability. If lack of supply were all that's needed, it would go up in value each and every day as more cryptoclowns lose possession of their BTC holding through death or person or the device it is held on. Those BTC that have not moved in years are lost forever and cannot be recovered, therefore there are probably only about 12 million that accessible enough to circulate, and at the average value that BTC has had over the past 5 years, it does not have the overall value/market cap to sustain a small city, let alone a global economy.
One of the best presentations on Bitcoin that I've ever watched. Great job!
Watch Michael sailor
Michael Saylor is good also
There are a lot of false claims in this talk. Beware
@@MildlyCurious Explain your reasoning then
@@MildlyCurious………….we’re waiting.
"When I say bitcoin, I'm not referring to crypto. I'm referring to only bitcoin." haha, nailed it.
I hate to burst your bubble, but having a cap on supply does not grant BTC its value. After 15 years it still lacks utility and stability. If lack of supply were all that's needed, it would go up in value each and every day as more cryptoclowns lose possession of their BTC holding through death or person or death of the device it is held on. Those BTC that have not moved in years are lost forever and cannot be recovered, therefore there are probably only about 12 million that are accessible enough to circulate, and at the average value that BTC has had over the past 5 years, it does not have the overall value/market cap to sustain a small city, let alone a global economy.
haha....what an azzhol....
In the 5 years of studying bitcoin this is the best video I've seen explaining bitcoin. I loved the explanation of the current ponzi scheme as well. Everyone needs to watch this video
I hate to burst your bubble, but having a cap on supply does not grant BTC its value. After 15 years it still lacks utility and stability. If lack of supply were all that's needed, it would go up in value each and every day as more cryptoclowns lose possession of their BTC holding through death or person or the device it is held on. Those BTC that have not moved in years are lost forever and cannot be recovered, therefore there are probably only about 12 million that accessible enough to circulate, and at the average value that BTC has had over the past 5 years, it does not have the overall value/market cap to sustain a small city, let alone a global economy.
@ryanpatrick4920 The btc supply is only half the story. The other half is demand exactly just like every other market. That's fact not my opinion. Bitcoin has a supply set by mathematical code. When you company that supply with a demand that is driven by devaluation of the dollar its pretty easy to see that price will continue to go up. That's fact to because it's in the charts. When there is lots of liquidity btc performs very well which makes total sense. You know when I first starting learning about bitcoin I wasn't totally convinced it would succeed but it wasn't until I learnt about our current fiat ponzi system that give that light bulb moment that bitcoin is the solution to inflation.
As for the stability, a lot of that is simply driven by people investing in btc and not understanding what they are investing in. Example when the price drops a little bit people freak out and sell but if they were simply educated in bitcoin and understood everything I just explained above then negative sentiment simply vanishes and you realise that's it not a matter of if but when and as long as that money printer goes burr bitcoin will grow and trust in dollar will fade. Just like any chance you have of bursting my bubble.
This is Gold! Sorry, I mean this is BITCOIN!
It's plane , it's a bird , it's BITCORN. The biggest meme ever sold to normies.
ETH is Web 3's, Amazon. Enough said.
@@taccntb4345 cringe
I disagree that that all other cryptocurrencies are scams. Tokens are supposed to give you platform incentives. As long as the blockchain or DLT is decentralized enough for the use case the then the protocol has value.
I understand his premise though BTC is the main resource in the market point blank.
@@journeytothevoid2899 what is decentralised enough?
@@deepshallows You're afraid.
Parker Lewis can't lose!
where can I find a pdf version of this presentation or online version? thanks
Thanks for spreading the word. I read "The Bitcoin Standard" and after that bought as much as i could. Very easy to understand. Nay sayers must be holding a position they are just dogmatically stuck to with no real reason.
Incredible presentation. Keep up the great work Parker, and thank you Unchained for sharing.
I have many virtual mentors to thank for their work on Bitcoin, but Lewis Parker's content impacted me more than anything else. I'm now all in this beautiful new system where scarcity, transparency, and freedom reign.
Wow...great presentation! Looking forward to reading Parker's book.
Fantastic and generous video post, THANK YOU all the way from South America
Fantastic Presentation by Parker Lewis.
Parker Lewis Can't Lose
Love the perspective - it’s the solution rather than a hedge.
Amazing! The amount of precise facts Parker presented on Bitcoin is epic. Thx much! And yes, despite all the negativity about bitcoin, it's now over 34kUSD. Find anything that went from pennies to 34k$ in 12-13yrs? That's right not even gold!!!
I hate to burst your bubble, but having a cap on supply does not grant BTC its value. After 15 years it still lacks utility and stability. If lack of supply were all that's needed, it would go up in value each and every day as more cryptoclowns lose possession of their BTC holding through death or person or death of the device it is held on. Those BTC that have not moved in years are lost forever and cannot be recovered, therefore there are probably only about 12 million that are accessible enough to circulate, and at the average value that BTC has had over the past 5 years, it does not have the overall value/market cap to sustain a small city, let alone a global economy.
Absolutely brilliant presentation.
Fantastic presentation, Parker. #Respect, signed btc maximalist (so you were preaching to the choir with respect to me)
thank you for the very informative presentation
Excellent!
Well presented!!!
Great informative video!
This is how you shill Bitcoin without shilling Bitcoin
also, apart from halving, fixed supply, adoption.. one other very crucial factor is lost wallets
Excellent talk, I look forward to reading your book.
A very good presentation! If only this could be televised to the world. I think we'd quickly go from maybe 0.5% Bitcoin adoption, to almost no Bitcoin being available on the open market. People would suck them up as quickly as they're mined.
Sounds like a terrible currency
@@WillD-jj9kg Exactly, the world cannot operate under deflationary currency. Nobody will want to use it. Everybody want to keep it.
Economy will die, we'll go back to the dark ages. If the price of bitcoin goes up everyday, you will think twice before you'll buy bread for dinner, never mind invest in bonds, equity or real estate.
@pierregentilini4375 Yeah that's an interesting thought, it discourages economic activity. Whereas now everyone is trying to create value to outrun inflation
how insightful! make me more confident about the future, and there would be more and more people agreeing with us
Not a hedge. But it’s beaten inflation year on year since 2009. Has also been the fastest growing asset class since 2009. Outperforming stocks shares housing gold silver pretty much everything. All the other cryptos have very great use cases like solana working with visa to create faster cheaper transactions. Maybe even ticketmaster could use solana to print nft tickets that once used can be rare collectors items and resold. Blockchain itself is the future of the internet.
great video and presentation, thanks
Excelente!
Great speech. When you said am I too late and said you bought between 100-1000 you could point out that the debt has grown significantly since then as well so it’s basically the same price it’s just on a grander scale both in usd btc terms and in us debt terms.
Excellent video! Thank you Parker.
love this video and love the talking point bitcoin is not crypto, totally agree
Totally supported my case for investing in Bitcoin for the 2024 halving 🤓👍
Brilliant presentation
Fantastic presentation
Best presentation ever on BTC
What always strucks me is when somebody talks about the price of Bitcoin in a video or book, like him saying $28,000 and a couple of month later this price is absolutly oblitareted to the up side :D
Parker is the MAN
What date was this presentation
My mum and I consistently earn massively on our investment. Curtsy to Mrs Shana Bielich, her set skills are amazing.
Wow.. amazing to see others who trade with Mrs. Shana Bielich, i'm currently on my 5th trade with her and my portfolio has grown tremendously.
I invest with Mrs. Shana Bielich too, she charges a 10%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
This is not the first time i am hearing of Mrs. Shana Bielich and her exploits in the trading world but i have no idea how to reach her.
As a first time investor I started trading with Mrs. Shana Bielich with just a thousand bucks. my portfolio is worth much more that now within 15 days of trading with her.
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The anticipated rise in Bitcoin's value and its potential widespread adoption mark a transformative moment in the financial sector, driven by the expected approval of Bitcoin ETFs and increasing interest from nation-states. This shift indicates a significant influx of institutional investment into Bitcoin, positioning it as a crucial asset for wealth preservation and an alternative to traditional fiat currencies. For investors, this represents an opportunity to diversify portfolios and capitalize on the digital economy's growth,.....I've personally benefited from following Vivian Carol Gioia trading tactics, amassing 16 bitcoins in a short two-month period, which speaks volumes about her expertise.
We can all learn a thing or two from Vivian, her profit making skills is phenomenon. Thanks to her I'm making more profit and getting rich.
@@Elkemartin213 Even when Bitcoin is looking bearish with the market sentiment swinging low. But she kept us grounded with her real analysis, just the facts in the charts.
What impresses me most about Vivian is how well she explains basic concept of winning before actually letting you use her trade signals. This goes a long way to ensure winning trades.
This is an elite presentation
agreed!
Great presentation. A strong case to own BTC.
Great speech! Just one suggestion: explain in a few sentences why only Bitcoin not crypto and also why much better than other things like gold. Bitcoiners know why but everyday people in the audience will be thinking why throughout the speech.
I think he touches on that at the beginning 3:17
Yes, but he did not explain why. Pointing out in a few sentences the extreme difference compared to the "snake oil" like the immaculate conception, level of decentralization and network effect@@alexmiller6321
I hate to burst your bubble, but having a cap on supply does not grant BTC its value. After 15 years it still lacks utility and stability. If lack of supply were all that's needed, it would go up in value each and every day as more cryptoclowns lose possession of their BTC holding through death or person or death of the device it is held on. Those BTC that have not moved in years are lost forever and cannot be recovered, therefore there are probably only about 12 million that are accessible enough to circulate, and at the average value that BTC has had over the past 5 years, it does not have the overall value/market cap to sustain a small city, let alone a global economy.
@@ryanpatrick4920 "If you don't believe me or don't get it, I don't have time to try to convince you, sorry." Satoshi Nakamoto
10 of 10 charts, and graphs
Thank you. Best talk I've seen in a long time. BTC is pure logic.
Any chance of hearing the questions and answers from the audience please?
Awesome presentation.
Fixed supply is a necessary but not sufficient condition for why Bitcoin has value. My toenails have a fixed supply but that doesn't make them valuable.
Parker provides a wonderful overview of hard money and how innovation via Bitcoin gives humanity the knowledge to build better economic systems.
Parker's a boss
Sats goes Out 🧡
What an amazing presentation on Bitcoin. Must listen
I hate to burst your bubble, but having a cap on supply does not grant BTC its value. After 15 years it still lacks utility and stability. If lack of supply were all that's needed, it would go up in value each and every day as more cryptoclowns lose possession of their BTC holding through death or person or death of the device it is held on. Those BTC that have not moved in years are lost forever and cannot be recovered, therefore there are probably only about 12 million that are accessible enough to circulate, and at the average value that BTC has had over the past 5 years, it does not have the overall value/market cap to sustain a small city, let alone a global economy.
1 bitcoin = 100 million satoshi. Study Bitcoin bro.
and 100 million satoshi still equals 1 bitcoin. That does not change the fact that half of the BTC are lost forever, along with what they used to be able to divide into. That is dead BTC that required actually resource to create, and that cannot be redeemed for real and useful currency. Even though BTC market cap can pretend that the value of those coins still exist, the former braindead holders cannot make that same claim. Here is a study for you, go see how much it costs (in fiat dollar) to mine one bitcoin? It does not deviate much from the value, and that is important to understand. @@StudyBitcoin_Aditya
He had a great tv show in the 90s, the legendary Parker Lewis Can't Lose....hope that applies to Bitcoin also ☺
Please also address how governments in other countries have banned ownership of Bitcoin
This is brilliant. 🧡⚡
Absolutely true. The only think I would add is not only bitcoin, KASPA also, and perhaps in the future even better! So mr. Parker Lewis you better check it out as soon as posiblle for that start up project of yours and thank me later...
Great talk👌. What you’re missing is, there are only 14 mio BTC, the rest has been lost. That changes the whole calculation.
Brilliant
I think this might be the greatest video I've ever watched about bitcoin.
min 22:08: this is not the full picture since there are also hedges for these positions..
Your son change my whole life, im a 31 years old white male from Canada and I got lyrics of Tupac tattoo on me. Tupac impacted so many people!
simply brilliant
Amazing video.
Remember the show Parker Lewis? It used to be super popular in France when I was a kid. I think the show is about that guys age
Amazing speech!!!! I will send this to al my friends and family! Thank you so much!
Great video! Loved it. One sharp dude for sure.
Why is this not available on the Unchained Capital, The Bitcoin Frontier podcast?
Great educational video in terms of fundamental economics in today’s QE world. However, for some new people in the Bitcoin space, it would’ve been great to cover a bit more about the fundamentals..the core developers, miners, consensus, about the fact that it is permissionless open architecture value transfer system in which you can escape to, and about where it might derive its value the most in the future.
He was talking to a room of people who are generally not in the bitcoin space.
Parker Lewis can’t lose!!!
"There is a reality that human beings cannot continue to be continue to be compensated for their finitely scarce time, in a form of money that costs nothing to be produced."
When this clicks for you, you will begin to open your mind to what bitcoin is.
One of the best.
This was amazing
It's not a hedge. It's THE hedge.
Brilliant Parker!
Excellent overview.
Sold at 50k bought back at 20k so in essence I used it wrong but in the end I made more bitcoin
When you say “ lost bitcoin “ are you saying gone for ever ? Or did someone get them ?
Great presentation. at 23:11 you noted we went from 52 trillion to 96 trillion today? how old is this data? I see the current total debt is at 102.8 Trillion as of 10/26/23.
Well we do know that Parker Lewis can't lose
Once you see it, you can't unsee it! Exactly! Great presentation.
that was straight up brilliant. Euphoric.
Ghey
Very good explanation, suggestion: the date this was recorded would be super helpful to your entire audience. I can figure it out, 6 months prior to halving, but not easy for newbies.
His first slide says “October 2023” so that’s pretty self explanatory.
Parker Lewis Can’t Lose
I invested $2000 GBTC at $28, then again $3000 at $11 then $300 again at $20... it's currently at $26 and I'm up more then my 401k for the past 3years. The bitcoin cycle is grand!
I made $200k selling herbalife products
GBTC is not BTC
GBTC is just like buying paper gold. You don't own it
@@jubyerhashin8214neat. Have fun being confused by and never educating yourself on what money actually is
I don't own gbtc but I can take profits on borrowed bitcoin. I'm aware. It's simply 401k opportunity.
So how do I use BTC in a powercut?
God bless
11 minutes in and that graph of price/knowledge killed me xDD bye
No way that Bitcoin be used as daily currency it is way too scarce
👏🏼👏🏼👏🏼
I am watching this in 2024 March 28th his words sounds like Messiah!
as always.. he does not distinguish between bank reserves (which never leaves the banking system) and retail money (which we use).. "printing money" is a way more complex mechanism
It has to be dumbed down in a way for the general populace to understand and its not wrong. And bank reserves are literally nonexistent as its all in assets.
We cannot unsee Bitcoin!!
Exactly, the more you study it, the more you realise what will happen.
According to researchers at the University of Sussex, a quantum computer with 1.9 billion qubits of processing power would be needed to break into the Bitcoin network within 10 minutes. This would require hackers to deploy millions of quantum computers, a scenario that is highly unlikely for the foreseeable future
Bitcoin is prepared to be made quantum resistant.
And by then, Bitcoin will have upgraded to a quantum resistant algorithm
@@mikatucan you prove it?
Before this happens a lot of the Internet unravels first. Bitcoin is future-proof.
With respect to interest rates and QE, the timeline you are looking at in that chart is too short. 40 year cycle is interest rates down. Previous 40 year cycle was interest rates up. We are starting a new cycle, rates are up from here for a long long time.
Oh yes 👍
V Good
24:17 that graph!!! 💀💀💀
Excellent diatribe.