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This week on the podcast “Bitcoin Bottom Line,” CJ Wilson met with Valkyrie head of research Josh Olszewicz to discuss macro-finance and its links to bitcoin.
Olszewicz closed the conversation by sharing what types of markets he was involved in prior to the introduction of bitcoin. Olszewicz discussed the technology of the bitcoin network and his interest in decentralization.
Wilson shares an applicable story from his childhood about how he saved his money for a fancy bike. This experience helped him to solidify the idea of savings in his young mind. Wilson shared about his past life as a pro baseball player, and the two talked about why many professional athletes are bitcoin supporters. For many, this largely involves a forward-looking mindset to save for the future.
After spending some time on this topic, Wilson discussed his past investments and how he thought bitcoin was a scam at the time. After hearing this, Olszewicz asks what changed Wilson’s mind. “I changed my mind from the bull market where bitcoin started,” he replied. Wilson, after explaining his introduction to the coin, explains his initial investment strategies for investing in bitcoin.
He would give himself milestones to keep himself in control when investing, and if he reached those milestones, he would invest more money, create new milestones and so on.
Soon after talking about bitcoin trading, the conversation turned to the negative aspects of trading and how it can be addictive, even dangerous for some. Wilson shared a personal story, saying, “It gets a little dangerous because it strips away factual information about safety concerns and shortages.”
The hosts closed the episode with more discussion on bitcoin trading, mining, finance and the development of the bitcoin community as a whole.
Watch or listen to the full episode for more!