Dollar Auction Show

In this episode Shimon and Alex chat about the latest Bitcoin price drop, the FUD around Bitcoin, the China Ban, and Elon Musk's Energy tweets. Does it all matter? Should we be scared? http://hardcorefinance.comApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfcSupport Hardcore Finance: https://www.hardcorefinance.com/donateSupport the show

Today Shimon is joined by Croesus - one of the best twitter handles to follow on bitcoin. We discuss Bitcoin's value proposition, its comparison to the stock market, inflation and a lot more.- Business school attitudes towards bitcoin- Ethereum as a technology vs bitcoin as a breakthrough in money- Bitcoin bootstrapping itself from nothingness to being an increasingly credible store of value- The significance of halving cycles- Hyperinflation and price stability- The stock market as a hedge against inflation- Life experiences of losing faith in the credibility of government's monetary policy- The M2 money supply chart going up and to the right with an annual growth rate of 8% even before the latest monetary stimulus package- Why is an 8% increase in the money supply result in only 2% CPI inflation- Basket of goods changing in the CPI index- The technological deflationary environment offsetting the inflationary pressure created by monetary expansion- Keynes' statement "in the long term we're all dead"- Is price stability and full employment good targets for the federal reserve?- Banning bitcoin is sanctioning yourself- Government supporters of Bitcoin (Cynthia Lummis, Margaret Croke and others)- The privatization of money- Democracy as a platform that is conducive to monetary expansion- Gold mining creates an uncertainty in its supply schedule- Portfolio rebalancing - is it a good strategy?- Bitcoin as pristine collateral- Is the stock market a good protection against inflation vs Bitcoin?- Land as a store of value- Bitcoin's monetary policy as a technology that has never existed before. Follow us on twitter!@croesus_btc@MrEBITDA@ShimonLazarovSupport Hardcore Finance: https://www.hardcorefinance.com/donateYoutube: https://www.youtube.com/channel/UCrg492YbLDRnx5yXVFj_XFAApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfchttp://hardcorefinance.com Follow us on twitteSupport the show

Shimon and Alex welcome Representative Margaret Croke from Illinois’ 12th District – Go Cubs!Representative Croke is a freshman State Legislator embarking on world-changing things. She has led the charge to make Illinois the most crypto and Bitcoin friendly state in the U.S. and allowed Shimon and Alex to tag along for the ride. In this episode we discuss how Bitcoin and Crypto are sources for good and will be beneficial to Illinois and the U.S. beyond FinTech and even beyond job creation – although both are critically important. We talk about banking the unbanked, renewable energy, equity, wealth preservation, immigration, and much more.  Help us and help Representative Croke put Illinois on the Crypto map!  Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfc https://www.ilga.gov/   http://www.Repcroke.cominfo@repcroke.comBill Link: https://www.ilga.gov/legislation/102/HB/10200HB3968.htmhttp://hardcorefinance.com @Croke4Illinois@MrEBITDA@ShimonLazarovSupport Hardcore Finance: https://www.hardcorefinance.com/donateSupport the show

On Wednesday May 12th Shimon and Alex welcome Representative Margaret Croke from Illinois’ 12th District – Go Cubs!Representative Croke is a freshman State Legislator embarking on world-changing things. She has led the charge to make Illinois the most crypto and Bitcoin friendly state in the U.S. and allowed Shimon and Alex to tag along for the ride. In this episode we discuss how Bitcoin and Crypto are sources for good and will be beneficial to Illinois and the U.S. beyond FinTech and even beyond job creation – although both are critically important. We talk about banking the unbanked, renewable energy, equity, wealth preservation, immigration, and much more. Help us and help Representative Croke put Illinois on the Crypto map! Apple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfchttps://www.ilga.gov/ http://www.Repcroke.cominfo@repcroke.comBill Link: https://www.ilga.gov/legislation/102/HB/10200HB3968.htmhttp://hardcorefinance.com@Croke4Illinois@MrEBITDA@ShimonLazarovSupport Hardcore Finance: https://www.hardcorefinance.com/donateSupport the show

Today,  Shimon and Alex welcome famed entrepreneur and star VC – Ben Narasin of NEA. We discuss what founders should look for in VCs, where pockets of opportunity are in the market, how to think about innovation, the Biden proposed Capital Gains Tax increases, and even Bitcoin and crypto. -------------------NEA is a global venture capital firm focused on helping entrepreneurs build transformational businesses with nearly $24 billion in cumulative committed capital. NEA focuses on tech and healthcare companies. Ben is a prolific entrepreneur and a highly regarded early-stage investor with mega hits such as: Dropcam, Lending Club, TellApart, Kabbage and Zenefits. And his own IPO of Fashionmall.com in 1999. http://hardcorefinance.com@ShimonLazarov@MrEBITDA@BNarasinPitch-ben.com https://www.linkedin.com/in/bennarasin/Support the show

On Wednesday, May 5th, on the Hardcore Finance Show (http://hardcorefinance.com), Shimon and Alex welcome famed entrepreneur and star VC – Ben Narasin of NEA. We discuss what founders should look for in VCs, where pockets of opportunity are in the market, how to think about innovation, the Biden proposed Capital Gains Tax increases, and even Bitcoin and crypto. -------------------NEA is a global venture capital firm focused on helping entrepreneurs build transformational businesses with nearly $24 billion in cumulative committed capital. NEA focuses on tech and healthcare companies. Ben is a prolific entrepreneur and a highly regarded early-stage investor with mega hits such as: Dropcam, Lending Club, TellApart, Kabbage and Zenefits. And his own IPO of Fashionmall.com in 1999. http://hardcorefinance.com@ShimonLazarov@MrEBITDA@BNarasinPitch-ben.com https://www.linkedin.com/in/bennarasin/Support the show

Today Alex talks about his view of President Biden’s Tax Policy – specifically his proposal to increase capital gains taxes to 43.8% on individuals making more than $1,000,000 per year. In our view this is a disastrous policy with terrible consequences and it goes much deeper than “tax the rich”. In this episode, Alex discusses:1. The origin of Capital gains taxes and why they are unique2. Capital vs. Income taxes3. Entrepreneurship, risk taking, and their ties to Capital Gains4. Wealth vs. Money – how they are vastly different5. Inflation6. Leverage and unintended behavior7. Trading frequency8. The Government vs. the Individual Great brief CNBC Overview: https://twitter.com/CNBC/status/1385636584456921089http://hardcorefinance.com@ShimonLazarov@MrEBITDASupport the show

Today Shimon and Alex discuss Infrastructure with Dritan Nesho. Dritan was ranked the most accurate pollster of the 2020 election cycle and brings with him fresh data on Biden’s infrastructure plan. Do most Americans want the bill to pass? Do Democrats? You’ll be surprised at the latest polling data!http://hardcorefinance.com@ShimonLazarov@MrEBITDAhttps://www.linkedin.com/in/dritan-nesho-589a8237/Support the show

Today Shimon and Alex discuss Shimon's musing on Janet Yellen and her push for Joe Biden's Infrastructure plan. Specifically, he advocacy of increasing the corporate income tax. You can find the musing here: https://www.buzzsprout.com/1575751/episodes/8291184We talk about Shimon's take of the merits of her argument and whether it holds water. http://hardcorefinance.com@ShimonLazarov@MrEBITDASupport the show

The Coinbase IPO is finally here. Shimon and Alex discuss the Bull and Bear case, our trading strategy, pros and cons to buying long or entering a long/short strategy, and what this means for the markets at large. Don't miss this one as after April 14th, the world will not be the same. hardcorefinance.com@ShimonLazarov@MrEBITDASupport the show