At the moment Peter Zeihan is in many podcasts. I would like to know what the Bitcoin community thinks about his thesis on the world and his views on Bitcoin/Dollar.
He has interesting perspectives and on high level many of those make sense to me (and worry me). He's misunderstanding the value of Bitcoin and generally underestimating the effects central bank policies... e.g.
  • US devalues dollar by 40%
  • --> price of everything around the world raises by 40+% (+ Russian invasion limits gas/oil/fertilizer/wheat distribution)
  • --> African and Middle East countries can't afford to buy or produce food
  • --> massive famine
Essentially if you watch Zeihan's talk and then watch the recent talk from McCormack & Preston Pysh... then the pieces start fitting together.
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He's smart, pompous, arrogant & doesn't mince words.
He has some interesting perspectives on things.
But he does NOT understand bitcoin. He likes to shrug it off as he either thinks its a novel naïve idea or something that breaks his life's work. His world view
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He gets mentioned a lot since he accurately predicted the Ukraine war.
I don't like never tired pessimists tho. Without end predicting global collapse and economic hardship is annoying. Old saying goes: Pessimists sound smart, optimists make money. Zeihan is one of those people who portrays everyone else as naive and only he isn't a sleepsheep that can see through all of it.
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For context:
Once again I disagree with the Chinese communist party. Bitcoin is not "utterly worthless". That would be a value of zero. Bitcoin's true value is negative.
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sigh Bitcoin has no intrinsic value. It will not be a future currency. Banks and credit unions are in the process of treating its mark-to-market value as zero which will purge it from their balance sheets. Toss it any flavor of carbon tax, and bitcoin goes negative.
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If you are looking for a real-world example of Gell-Man Amnesia, look no further than @PeterZeihan - incredibly insightful and knowledgable when it comes to geopolitical trends, yet he puts up a stone wall towards actually understanding the disruptive potential of bitcoin.
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