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This week, on the Bitcoin Bottom Line podcast, CJ Wilson caught up with Josh Olszewicz, head of research at Valkyrie, to talk about macrofinance and its connection to Bitcoin.
The conversation started with Olszewicz sharing the types of markets he was involved in prior to his introduction to Bitcoin. Olszewicz spoke about his interest in the technology and decentralization of the Bitcoin network.
Wilson went on to share a true story from his childhood about how he saved his money for a fancy bike. This experience helped him cement the idea of saving in his young mind. Wilson opened up about his past life as a pro baseball player, and the duo spoke about why many pro athletes are pro-Bitcoin. For many, it means above all a forward-thinking way of saving for the future.
After spending some time on the 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. He replied, “The bull market that Bitcoin took off in was where my mind changed.” Wilson, after explaining his introduction to the coin, explains his early investment strategies for investing in Bitcoin.
He would set himself milestones to keep himself in check while investing, and when he hits those milestones, he would invest more money, create new milestones, and so on.
Shortly after talking about trading Bitcoin, the conversation turned to the negative aspects of trading and how it can be addictive and even dangerous for some. Sharing a personal story, Wilson explained, “It gets a bit dangerous because it sweeps aside the safety concerns and the factual information about scarcity.”
The moderators ended the episode with further discussions on bitcoin trading, mining, finance and the growth of the bitcoin community as a whole.
Watch or listen to the full episode to learn more!