Dollar Auction Show

Shimon Lazarov and Alex Chizhik

About

Insightful. Balanced. Provocative.Brave enough to leverage the market? Bold enough to challenge the status quo? Join Alex Chizhik @MrEbitda and @ShimonLazarov as they bring their 15+ years business experience to a data-driven debate. From Bitcoin to the NASDAQ, Government Regulations to Real Estate Trusts, Facebook to Moderna. If you care about the economy, finance, or investing this podcast is for you.

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100 episodes

Bitcoin crashes by $10,000 but we're happy!

Summary In this episode, Alex and Shimon discuss Bitcoins power law and its implications for the future of the cryptocurrency. They explain the concept of power law and how it differs from previous models of Bitcoins price. They also draw parallels between power law in nature and Bitcoins price corridor. The hosts highlight the significance of the power law model and its rigorous analysis compared to previous models. They conclude by exploring the potential of AI and robotics, showcasing a demo of a robot interacting with Chad GPT-4. The conversation covers various topics related to AI, including the power of AI chips, the potential increase in energy demand, the importance of open-source AI, and the need for trust and transparency in AI development. The intersection of crypto, AI, and open source is also discussed, highlighting the role of cryptographic proof and on-chain data. The dangers of concentrated power in AI and the importance of societal input in shaping AI values are explored. The hosts express disappointment with a podcast interview style that lacks depth and critical questioning. TAKEAWAYS * Bitcoins price follows a power law, which is a mathematical model that predicts a straight line on a log-log scale graph. * The power law model provides a more rigorous and accurate analysis of Bitcoins price compared to previous models. * Power law is a common phenomenon in nature, seen in the relationship between body mass and metabolic rate in animals. * The power law model suggests that Bitcoins price will continue to grow over time, with a predicted floor price and a slower rate of growth in the future. AI chips are becoming increasingly powerful and are driving advancements in AI technology. * The use of AI will likely lead to an increase in energy demand, which could lower the cost of energy and benefit industries like Bitcoin mining. * Open-source AI allows for innovation and collaboration, ensuring that AI development is not controlled by a single company or entity. * The intersection of crypto, AI, and open source has the potential to create more transparent and trustworthy AI systems. * Concentrated power in AI development poses risks, and it is important to involve society in shaping AI values and decision-making. CHAPTERS 00:00 Introduction and Bitcoins Power Law 02:45 Understanding Power Law and Bitcoins Price 07:59 Power Law in Nature and Bitcoins Price Corridor 13:00 Implications of Power Law for Bitcoins Future 22:05 Predictions and Investment Potential 22:56 Exploring AI and Robotics 26:47 Reflection on Performance 27:11 The Power of AI Chips 27:40 Nvidias AI Chip Innovations 28:29 AI at the Chip Level 29:18 Increased Energy Demand 30:17 Energy Consumption and Efficiency 31:04 The Excitement of Using More Energy 31:23 Open Source AI and Innovation 32:19 Genetic Algorithms and Open Source AI 37:39 The Intersection of Crypto, AI, and Open Source 42:32 The Importance of Open Source AI and Trust 43:28 The Need for Cryptographic Proof and On-Chain Data 45:47 The Dangers of Concentrated Power in AI 46:16 The Role of Society in Shaping AI Values 47:58 Disappointment with Interviewing Style 50:09 The Dollar Auction Show and Strong Opinions Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate Support the show https://www.hardcorefinance.com/donate

51m
Mar 27
$70K Bitcoin and the AI Revolution

Summary In this conversation, Shimon and Alex discuss the all-time high of Bitcoin and the excitement surrounding it. They also delve into the role of technology in various industries and the exponential growth of tech advancements. The conversation then shifts to Teslas full self-driving algorithm and the value of edge cases in machine learning. They touch on media manipulation and the biased portrayal of Bitcoin in the media. Finally, they highlight notable Bitcoin critics and the impact of their opinions. In this conversation, Alex and Shimon discuss various topics related to Bitcoin, AI, and energy. They criticize financial experts who have made inaccurate predictions about Bitcoin and housing affordability. They explore the impact of Bitcoin and AI on energy demand and the need for low latency in AI and Bitcoin transactions. They also discuss the role of nuclear power in meeting energy demand and the potential for renewable energy to shape the future of energy markets. The conversation concludes with a celebration of Bitcoins success and the potential for its continued growth. Takeaways __ __ Chapters 00:00 Introduction and All-Time High 00:41 Bitcoin Price Update 02:26 Bitcoin Trading Strategies 03:01 The Purpose of the Podcast 04:05 Technology in Every Industry 05:12 Bitcoin and Technological Advancements 06:10 Understanding Tech and Exponential Curves 06:30 Deep Dive into Tech Podcasts 07:24 Teslas Full Self-Driving Algorithm 08:22 The Value of Edge Cases in Machine Learning 09:18 The Scalability of Teslas Self-Driving Model 10:31 Media Manipulation and Bitcoin Critics 15:12 Bitcoin as the Cockroach of Investments 16:11 The Medias Influence on Perception 19:24 Engagement Farming and Bitcoin Critics 20:20 The Impact of Bitcoin Critics 20:52 Criticism of Financial Experts 22:13 Bitcoin and AIs Impact on Energy Demand 23:40 The Role of Nuclear Power in Meeting Energy Demand 28:02 The Need for Low Latency in AI and Bitcoin 30:02 Renewable Energy and the Future of Energy Markets 32:05 The Geopolitical Implications of Energy Independence 35:12 Bitcoins Role in Increasing Energy Demand 36:21 Bitcoins Price Action and the Impact of ETFs 39:14 The Future of Bitcoin Cycles 41:29 Barriers to Bitcoin Adoption 42:00 Celebrating Bitcoins Success Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

43m
Mar 08
It's Just-isms

In this conversation, Alex and Shimon discuss various topics related to AI and its impact on society. They explore the concept of justisms in AI, where people downplay advancements by saying its just a certain capability. They also discuss the level of artificial intelligence that would be considered actual intelligence and the challenges of defining intelligence on a linear scale. The conversation delves into tokenization and predicting the next token as a measure of intelligence, as well as the perception of time and power law. They speculate on the future of work in a world with advanced AI and the potential shift towards jobs that require empathy and human touch. The conversation concludes with a discussion on the value of accomplishment and the need for new paradigms in a society where basic needs are met by AI. The conversation explores the potential for advancing humanity on Earth through technological advancements, such as AGI and incremental improvements. It discusses the rapid pace of technological change and the uncertainty it brings. The goal of achieving universal basic needs and the changing path of careers are also examined. The conversation delves into the requirements for technological breakthroughs and the potential of AI and replicas. It concludes by addressing the impact of technology on society and the challenge of maintaining emotional connection. Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

48m
Mar 01
Google's AI Debacle and What It Means For China

In this conversation, Shimon and Alex discuss the recent Google Gemini launch debacle and the challenges of AI alignment. They also explore the issue of trust in Googles AI and the potential impact on the companys future. Additionally, they delve into the importance of understanding and avoiding the spinning of information. The conversation covers topics such as the Hunter Biden scandal and Russian interference, concerns about AI bias, the impact of AI bias on Googles stock, the need for cryptographic proof in AI, Chinas AI and digital assets, the challenge of ensuring unbiased AI, the arms race of AI, the role of blockchain in open source AI, the difficulty of obtaining objective information from Google, and the disruption of established companies. Takeaways The Google Gemini launch debacle highlights the challenges of AI alignment and the potential unintended consequences of bias correction. Trust in Googles AI may be compromised due to the perceived biases and limitations of the system. The future of Googles AI depends on its ability to address these issues and provide more accurate and unbiased results. Understanding and avoiding the spinning of information is crucial in ensuring the dissemination of truthful and unbiased content. Former US spies warned in 2020 that the Hunter Biden scandal had Russian fingerprints, and recent developments have vindicated their claims. The Justice Department confirmed that an informant invented a story about $5 million bribes paid to Joe and Hunter Biden, further supporting the Russian interference narrative. The disconnect between the Hunter Biden laptop and the Russian interference allegations highlights the need for careful analysis and critical thinking when consuming news. The bias in AI systems, such as Googles, raises concerns about the potential manipulation of information and the need for cryptographic proof to ensure transparency and accountability. Chapters 00:00 Introduction and Bitcoin 01:40 Google Gemini Launch Debacle 06:22 AI Alignment 09:27 Trust in Googles AI 14:44 Googles Future 24:40 The Hunter Biden Scandal and Russian Interference 25:10 The Justice Departments Statement 25:25 Confirmation of Russian Involvement 26:16 The Disconnect from the Hunter Biden Laptop 27:11 Concerns about AI Bias 28:08 The Impact of AI Bias on Googles Stock 29:36 The Need for Cryptographic Proof in AI 31:24 Chinas AI and Digital Assets 32:30 The Challenge of Ensuring Unbiased AI 33:39 The Arms Race of AI 36:17 The Role of Blockchain in Open Source AI 39:22 The AI Arms Race: Western AI, Chinese AI, and Pirate AI 45:03 The Difficulty of Obtaining Objective Information from Google 47:15 The Disruption of Established Companies Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

48m
Feb 26
CIA deep dive with Ken Egan - how to track and stop illicit finance

In this conversation, Ken Egan, a retired CIA officer, shares his insights on Bitcoin and its implications within the intelligence community. He discusses how Bitcoin is viewed as a tool and emphasizes that it is not optimized for illicit activity. Ken also highlights the importance of educating lawmakers about Bitcoin and the need for a broader perspective in the discussion of its future. He addresses the idea of imposing restrictions on US miners and emphasizes the role of other tools in combating ransomware. Ken concludes by expressing his excitement about Bitcoins potential to modernize energy grids and protect wealth. In this conversation, Ken discusses the fundamental use case of Bitcoin and why he believes it is important for Americans to own and use it. He emphasizes that Bitcoin provides a safety net and can bring a sense of calm to society in times of crisis. The conversation also touches on the lack of war and financial strife in the US, the resilience of the country, and the role of Bitcoin in making the nation more resilient. Ken and the hosts express their passion for Bitcoin and the need for education about investing in alternative assets. They discuss the volatility and uncertainty in the US and the potential for social and financial strife. The conversation concludes with Ken sharing his experiences and insights from his career in intelligence and the freedom to explore new opportunities and perspectives. Takeaways __ __ Chapters 00:00 Introduction and Guest Introduction 02:34 Views on Bitcoin within the Intelligence Community 08:27 Bitcoin as a Tool for Illicit Activity 10:03 Bitcoin and Financial Sovereignty 16:28 Traceability of Bitcoin Transactions 18:19 Educating Lawmakers about Bitcoin 24:18 The Threats to Dollar Dominance 26:15 Implications of OFAC Compliance for Miners 29:18 Miners and Non-OFAC Compliant Transactions 36:36 The Positive Potential of Bitcoin 40:51 The Fundamental Use Case of Bitcoin 41:20 The Importance of Bitcoin in Times of Crisis 41:53 The Lack of War and Financial Strife in the US 43:17 The Resilience of the US and the Role of Bitcoin 44:42 Passion for Bitcoin and the Need for Education 45:40 The Volatility and Uncertainty in the US 46:05 The Potential for Strife and the Arrogance of Westerners 47:50 The Resilience of the System and the Role of Statesmen 48:15 The Chaos and Charm of Living in Developing Countries 50:13 The Unique Experiences and Insights of a Career in Intelligence 55:01 The Freedom to Explore New Opportunities and Perspectives 55:27 How to Connect with Ken Apple Podcast: https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbmlEZkg5MDVPalNDaFpLemZQV3gyTEZQdTBWQXxBQ3Jtc0ttbUFTbWQ4R1hkRU1KZEkxZE1ZQnlVWXRZLUZlZ0tONGFrN0E2bkZiWHN2bjNCM Support the show https://www.hardcorefinance.com/donate

56m
Feb 20
Bitcoin and the CIA

In this episode, Alex and Shimon discuss various topics including the intelligence communitys interest in Bitcoin, the impact of regulation on markets, Elizabeth Warrens misunderstanding of interest rates, concerns about Bidens cognitive abilities, Putins unhinged interview, Indias potential, and the situation in Gaza. The conversation discusses the challenges and potential solutions in the ongoing conflict in Gaza. It highlights the difficulties in conquering the city of Raafah, where terrorists, hostages, and leadership are located. The conversation also mentions the problem of IEDs on the border with Egypt and the fear of creating holes in the fence. However, the speaker believes that these problems are solvable. The conversation ends with a hopeful note, expressing the desire for an end to the suffering and a return to normalcy for the people in Gaza. Takeaways * Intelligence agencies have a long history of using encryption, making it unsurprising that they are interested in Bitcoin. * Regulation can distort markets and create inefficiencies, hindering innovation and hurting investors. * Elizabeth Warrens misunderstanding of interest rates highlights the need for policymakers to have a strong understanding of economics. * Bidens cognitive abilities have raised concerns, and there are rumors that the Democratic Party may consider a replacement. * Chinas demographic challenges and Indias entrepreneurial culture may impact their future trajectories. * The situation in Gaza is ongoing, with surgical operations targeting terrorists and an increasing number of surrenders. Chapters 00:00 Introduction and Format Change 01:19 Feedback and Audience Engagement 03:47 Intelligence Agencies and Bitcoin 06:18 Bitcoin Inflows and Regulatory Distortions 07:36 Regulation and Market Inefficiencies 15:12 Elizabeth Warrens Misunderstanding of Interest Rates 19:31 Bidens Cognitive Abilities and Potential Replacement 22:21 Putins Unhinged Interview 26:35 Indias Potential and Chinas Demographic Challenges 37:40 Conclusion and Recap of Gaza Situation 42:06 Challenges in Conquering Raafah 43:05 Solutions to the Challenges 44:00 Hope for an End to the Conflict Support the show https://www.hardcorefinance.com/donate

45m
Feb 12
Apple, AR, and War Tech

Summary The conversation covers various topics including the Apple Vision Pro, the implications of augmented reality, open source AI, the economic impact of Apple Vision Pro and government spending, the relationship between immigration and economic success, and a preview of a future discussion on military technology. In this conversation, Shimon Lazarov discusses the development of the Road Runner, a jet-powered drone designed to intercept aerial threats. He explains how the drones speed and propulsion system make it more effective than traditional drones. The conversation then shifts to the importance of innovation and investment in pushing the boundaries of technology. Lazarov highlights the need for the US to take a proactive approach in areas such as nuclear energy. The conversation concludes with a discussion about future episodes focusing on military tech and drones. Takeaways __ __ Chapters 00:00 Introduction and Discussion of Apple Vision Pro 06:33 Implications of Apple Vision Pro and Augmented Reality 11:40 Open Source AI and the Future of AI Development 22:47 Economic Impact of Apple Vision Pro and Government Spending 25:09 Discussion on Immigration and Economic Success 30:16 Debate on the State of the Economy and Government Spending 39:08 Preview of Future Discussion on Military Technology 41:02 The Road Runner: A Jet Powered Drone 43:19 Innovation and Investment in the Frontier 44:23 The US Does the Right Thing 44:36 Future Episode: Military Tech and Drones Apple Podcast: https://tinyurl.com/36u8fmbr https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbmlEZkg5MDVPalNDaFpLemZQV3gyTEZQdTBWQXxBQ3Jtc0ttbUFTbWQ4R1hkRU1KZEkxZE1ZQnlVWXRZLUZlZ0tONGFrN0E2bkZiWHN2bjNCM0Y2dm5sVjAtMEdZVHpjU2dEZ0h3QmhnYXpWdlpQLXNYTzBGT3FhQUdWa2g5SDJ0TWctWFhxcUJsZHpvakxFenI5OA&q=https%3A%2F%2Ftinyurl.com%2F36u8fmbr&v=ZcXJx-PGhJQ Spotify Podcast: https://tinyurl.com/4zv6syfc https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbjhMN3I1NTRfQmktRG5Fa2g4WktCcFYzYURoUXxBQ3Jtc0tuZjBvMW5wNE5sUFBXVm9BNWZvdzVVdlY3U1RyZEpPelp2YklqaDY0YjFyc0x6TE1RNFA2T1JfTy16eV9ZMUF1TFVoMERkc3hVcl9LLWt1bmxxdzVRY2FEdy1lUWZES2RGdExoMzB6LXZHenBORjNQSQ&q=https%3A%2F%2Ftinyurl.com%2F4zv6syfc&v=ZcXJx-PGhJQ Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

45m
Feb 03
Bitcoin ETF, Bitcoin price and M2, border crisis and more!

In this conversation, Alex & Shimon discuss various topics including investment advisors and Bitcoin education, expectations for Bitcoin ETF approval, the relationship between Bitcoin price and M2, the border crisis, immigration process, and the cognitive decline of Joe Biden. Alex also highlights Viveks stances and fresh perspective on politics. Takeaways * Investment advisors need to be educated about Bitcoin and ETFs to effectively advise their clients. * The approval of a Bitcoin ETF is expected to bring new money into the market, but it may take some time for investment advisors to fully understand and recommend these products. * Bitcoin price has a relationship with M2, the monetary supply, and can both lag and lead it. * The border crisis raises concerns about national security and the need for proper identification and tracking of individuals entering the country. * The current immigration process can be challenging and bureaucratic, and the open border situation undermines legal immigration. * Joe Bidens cognitive decline raises questions about his ability to serve as president. * Vivek offers a fresh perspective on politics and emphasizes the importance of respectful disagreement and challenging the bureaucracy. Chapters 00:00 https://www.youtube.com/watch?v=ZcXJx-PGhJQ&t=0s - Introduction and Personal Updates 01:01 https://www.youtube.com/watch?v=ZcXJx-PGhJQ&t=61s - Investment Advisors and Bitcoin Education 02:02 https://www.youtube.com/watch?v=ZcXJx-PGhJQ&t=122s - Expectations for Bitcoin ETF Approval 03:23 https://www.youtube.com/watch?v=ZcXJx-PGhJQ&t=203s - Bitcoin Price and M2 05:34 https://www.youtube.com/watch?v=ZcXJx-PGhJQ&t=334s - Bitcoin Lagging and Leading M2 08:51 https://www.youtube.com/watch?v=ZcXJx-PGhJQ&t=531s - Discussion on Border Crisis 11:11 https://www.youtube.com/watch?v=ZcXJx-PGhJQ&t=671s - Open Borders and National Security 12:46 https://www.youtube.com/watch?v=ZcXJx-PGhJQ&t=766s - Immigration Process and Legal Immigration 14:10 https://www.youtube.com/watch?v=ZcXJx-PGhJQ&t=850s - Cognitive Decline of Joe Biden 15:35 https://www.youtube.com/watch?v=ZcXJx-PGhJQ&t=935s - Viveks Stances and Fresh Perspective Apple Podcast: https://tinyurl.com/36u8fmbr https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbmlEZkg5MDVPalNDaFpLemZQV3gyTEZQdTBWQXxBQ3Jtc0ttbUFTbWQ4R1hkRU1KZEkxZE1ZQnlVWXRZLUZlZ0tONGFrN0E2bkZiWHN2bjNCM0Y2dm5sVjAtMEdZVHpjU2dEZ0h3QmhnYXpWdlpQLXNYTzBGT3FhQUdWa2g5SDJ0TWctWFhxcUJsZHpvakxFenI5OA&q=https%3A%2F%2Ftinyurl.com%2F36u8fmbr&v=ZcXJx-PGhJQ Spotify Podcast: https://tinyurl.com/4zv6syfc https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbjhMN3I1NTRfQmktRG5Fa2g4WktCcFYzYURoUXxBQ3Jtc0tuZjBvMW5wNE5sUFBXVm9BNWZvdzVVdlY3U1RyZEpPelp2YklqaDY0YjFyc0x6TE1RNFA2T1JfTy16eV9ZMUF1TFVoMERkc3hVcl9LLWt1bmxxdzVRY2FEdy1lUWZES2RGdExoMzB6LXZHenBORjNQSQ&q=https%3A%2F%2Ftinyurl.com%2F4zv6syfc&v=ZcXJx-PGhJQ Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

47m
Feb 02
Robots, AI, and Productivity

Shimon and I delve into the world of Amazon robot logistics, future of work, renewable energy, the Bitcoin ETF and even the Ukraine and Israeli conflicts.  Lots to unpack! Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

45m
Jan 23
Bitcoin ETF, technology deflation and more

Alex and Shimon are back together to kick the new year off. We discuss the bitcoin ETF launch, price volatility vs predictability, Elizabeth Warrens crazy new FUD narrative, and a lot more! Join us for another great episode. Apple Podcast: https://tinyurl.com/36u8fmbr https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqblJsZjF2dWFFZ1VlOHFPVWRFWmUwTmNLVEFFUXxBQ3Jtc0tsNU9oMzFhLTRHdnFmNThlcjVnWGtKSlNrVHBXQ0Q3eVdPYVBKVlB0UkxoX256OUE0Ui1Tc1RlTHhuODlNaHlub2M0MUxOeVNvQlRVQzluaEVvdFpFWDZieE84aEhkeDJSYmYyeW9hcnFWZGY5MWNZWQ&q=https%3A%2F%2Ftinyurl.com%2F36u8fmbr&v=n_XQ3bign3Q Spotify Podcast: https://tinyurl.com/4zv6syfc https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbFdpSnVXb3FVOW9XUUNtcUFmd1ROckRGR1BWUXxBQ3Jtc0tsWXVCMnRMYmxwOTZud3JIQkQwenRQdTlWMFZlSlZoMm01ZnR4amVSV1dNakxRUnVFalNXZVNKeC1nbGtzRWpONFhCYk5ab2JsT2c5d2twNnV4WEhyR19jRmhTY3A2UnBLLVVuWHVtcWZfQnBXZjlCRQ&q=https%3A%2F%2Ftinyurl.com%2F4zv6syfc&v=n_XQ3bign3Q Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

45m
Jan 22
Bitcoin is like Passover .... wait what?!?!?

Today on Passover Alex discusses how #Bitcoin is like Passover…. Wait what?!?!?!? Both involve a story of liberation: Passover celebrates the liberation of the Jewish people from slavery in Egypt, while Bitcoin represents a potential liberation of people from traditional financial systems that are controlled by governments and banks. Both have a strong sense of tradition: Passover is celebrated each year with the same rituals and traditions, while Bitcoin has a strong community of supporters who are committed to the idea of a decentralized currency. Then Alex talks about the current Energy fight and what The Chamber of Digital Commerce, Blockchain Association, Satoshi Action and the Texas Blockchain Council are doing to help us fight the good fight! Specifically: 1. Encouraging investment in renewable energy infrastructure: Bitcoin mining is a process that requires a significant amount of energy, and as the demand for Bitcoin increases, so does the demand for energy to power the mining process. If this energy can be sourced from renewable sources such as solar, wind, or hydro power, it could incentivize the development and expansion of renewable energy infrastructure. 2. Providing a new revenue stream for renewable energy producers: Bitcoin mining can be a lucrative business, and renewable energy producers could potentially use excess energy from their facilities to mine Bitcoin and generate additional revenue. 3. Reducing carbon emissions: Bitcoin mining currently consumes a significant amount of energy, much of which comes from non-renewable sources such as coal. However, if more Bitcoin mining were to be powered by renewable energy sources, it could potentially reduce carbon emissions associated with the mining process. 4. Creating new investment opportunities: As the demand for Bitcoin grows, there may be an opportunity for investors to invest in renewable energy projects that are specifically designed to power Bitcoin mining operations.  #Crypto #Algorand #Dogecoin #Doge #ElonMusk #CryptoNews #Cryptocurrency #Bitcoin #BTC #BitcoinNews #BitcoinMining #Ripple #XRP #XRPNews #RippleXRP #Ethereum #EthereumNews #ETH #Cardano #Ada #CardanoNews #Altcoin #Altcoins #NFTs #NFT #Metaverse #Podcast Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

25m
Apr 05, 2023
Debt Crisis, GDP, and Social Security Reform with Dr. Larry Kotlikoff Part 2

Our special guest is Professor Lawrence Kotlikoff, economics professor at Boston University and ranked by The Economist magazine as one of the world’s 25 most influential economists. Larry is also the president of Economic Security Planning, Inc. and the founder of Maximize My Social Security and MaxiFi. We spoke about different investment strategies, ways for governments to grow their GDP in order to fund their unfunded liabilities, some interesting solutions to the healthcare costs crisis, ways in which technology can create prosperity and a lot more. To learn more about professor Kotlikoff, visit: Kotlikoff.net Larrykotlikoff.substack.com http://larrykotlikoff.substack.com/ Maximizemysocialsecurity.com Maxifi.com Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

58m
Mar 22, 2023
Bank runs and overhauling the Government with Dr Larry Kotlikoff

In today’s episode, Shimon discusses the recent Silicon Valley bank  debacle, the response from the federal reserve, and what it means for  the price of Bitcoin and stocks. Are we about to see a large amount of  money printing or will the federal reserve be able to sustain interest  rates at high levels?    Our special guest is Professor Lawrence Kotlikoff, economics professor  at Boston University and ranked by The Economist magazine as one of  the world’s 25 most influential economists. Larry is also the  president of Economic Security Planning, Inc. and the founder of  Maximize My Social Security and MaxiFi.    We spoke about the fiscal gap in the USA, The USA vs China in the 21st  century, Social Security, and a lot more.   Kotlikoff.net Larrykotlikoff.substack.com Maximizemysocialsecurity.com Maxifi.com   Apple Podcast: https://tinyurl.com/36u8fmbr  Spotify Podcast: https://tinyurl.com/4zv6syfc  Hardcorefinanceshow.com    Follow us on Twitter  @MrEBITDA  @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

57m
Mar 15, 2023
Kristen Ragusin and the Scarcity of Money Part 2

Alex and Shimon discuss the latest in the markets and the upcoming Bitcoin halving. They also discuss the latest CPI print and how the current methodology of calculating CPI is not accurate for the modern world. We then welcome back Kristen Ragusin to the show for Part 2 of our discussion around money and scarcity.  Kristen is a professional wealth management consultant with twenty-five years of experience. Investing over $150 million, she helps clients navigate markets and achieve financial goals. She is a certified digital currency professional and earned her Masters Degree from the Fletcher School of Law and Diplomacy at Tufts University. Kristen holds certificates in FinTech from the Massachusetts Institute of Technology and in Money and Society from the University of Cumbria, London.  Alex and Kristen discuss the macro outlook, how most people mis-understand what money is, and  https://www.kristenragusin.com/ https://twitter.com/KristenRagusin Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

1h 1m
Mar 08, 2023
Misunderstanding of Money with Kristen Ragusin Part 1; and also Celsius Bankruptcy FTX Guilty Plea

Today Alex and Shimon discuss the latest Bitcoin news, the decoupling of Bitcoin and the traditional markets, and the Celsius bankruptcy proceedings. Critically, the Celsius retail claw back rule and how that can affect     Our guest today is Kristen Ragusin. Kristen is a professional wealth management consultant with twenty-five years of experience. Investing over $150 million, she helps clients navigate markets and achieve financial goals. She is a certified digital currency professional and earned her Masters Degree from the Fletcher School of Law and Diplomacy at Tufts University. Kristen holds certificates in FinTech from the Massachusetts Institute of Technology and in Money and Society from the University of Cumbria, London.    Alex and Kristen discuss the macro outlook, how most people mis-understand what money is, and    https://www.kristenragusin.com/ https://twitter.com/KristenRagusin   Apple Podcast: https://tinyurl.com/36u8fmbr  Spotify Podcast: https://tinyurl.com/4zv6syfc    Hardcorefinanceshow.com  Follow us on Twitter  @MrEBITDA  @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

59m
Mar 01, 2023
Profit First with David Richter

Today Shimon and Alex discuss the latest news in the #Crypto and #Bitcoin markets, analyzing the latest regulatory challenges brought to crypto by U.S. Regulators. They also touch on national security and #AI – examining how ChatGPT can enable a productivity gain. The featured guest of this episode is David Richter of Simple CFO and the Profit First for REI Podcast. David Richter is an active real estate investor who has been essential in closing over 850 deals which include wholesale, turnkey, BRRRR, owner finance, rentals, lease options, and any other exit strategy you can think of. While growing and building a real estate business from 5 deals a month to over 25 deals a month, he realized that as much money was coming in, it was going right out. With the unique opportunity of being in every seat as a real estate investor, he found a calling to the company’s finance seat to help them see where their money was really going. David has helped real estate companies completely turn around from going out of business to building cash reserves through his profit advising company Simple CFO Solutions, LLC. He is the author of Profit First for Real Estate Investing. His goal in life is to completely transform the Real Estate Investing industry when it comes to how real estate investors view their finances and – bring them true financial clarity and freedom. https://simplecfosolutions.com/ https://simplecfosolutions.com/podcast/ Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

46m
Feb 22, 2023
Bitcoin Ordinals and Goodbye to the Hardcore Finance Show

In today’s episode Shimon and Alex say good bye to the Hardcore Finance Show and hello to the Dollar Auction Show. The Dollar Auction Show will be the Digital Asset Strategy show - focusing on Growth and Management Strategy in the Digital Asset sphere. Shimon will bring the Marketing/Growth/Strategy angle and Alex will bring the Strategy/Technical/Financial angle. Together, Alex and Shimon discuss the latest news in the Digital Asset world, and READ THE TEA LEAVES about what is coming down the pike and how players should react.    In each show we discuss:    1.     News + Price Action 2.    Regulatory/Policy 3.    New Tech + Game Theory 4.    Deep Dive + Guest   Today, we deep dive on Bitcoin Ordinals, what they are, the Pro and the Con case of having them.  Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc www.Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

49m
Feb 09, 2023
2023 - The Year of Crypto Regulation

2023 is the year of crypto regulation and while all global regulators are important, the US Regulators seem to drive the global Crypto Agenda. Most media outlets are reporting on regulation in the crypto space, but we, at the Hardcore Finance show are going straight to the source. In this episode, Alex goes to Capital Hill to chat with his representatives about the upcoming Crypto regulation. We sleuthed around Congress so that you don’t have to.  Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

29m
Feb 01, 2023
Building in 2023

Alex discusses 2023 and how to use this year to build. The episode goes through old mistakes, reflections on the crypto space and how to be a mature company, as well as what does 2023 have in store for us.  Alex email for comments: alex@hardcorefinanceshow.com Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

26m
Jan 05, 2023
GPT3 will save us from the debt crisis

Shimon and Alex discuss GPT3, and its recently released to the public chatbot. We discuss the deflationary aspects of having artificial intelligence being able to answer prompts and develop them into narratives, solving problems, coming up with a reason the recent ROI of marketing campaigns is dropping and a lot more! Will this deflation enable the government to print a lot of money without causing prices to spike? Join us to find out. Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc www.Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

27m
Dec 16, 2022
The privatization of money - How Bitcoin can lead to human flourishing across the globe

In this third installment of the privatization of money, Shimon discusses the different advantages that privatization of any resource has from the point of view of the government. Then he continues to analyze what is unique about money and how the privatization of the good called "money" can bring prosperity to the worldwide population. Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc www.Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

42m
Nov 29, 2022
We are in a funk and so is the market

In this episode, Alex and Shimon discuss the following: * The recent ripple effects from the interest rate increases * The large hit that crypto took * The FTX saga - using customer funds to gamble with * FTX valuation drivers and why they weren’t reliable * Lack of due diligence by traditional VCs * Effective altruism and it’s possible terrible consequences * DeFi yield and where it comes from * Is punitive regulation coming? Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

42m
Nov 25, 2022
The downfall of FTX (no other description needed)

Shimon and Alex discuss the fallout from the FTX debacle and next steps for Crypto and Bitcoin.  Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

33m
Nov 11, 2022
Representative Margaret Croke and the future of Crypto Legislation

In today’s episode Alex and Shimon welcome back Representative Margaret Croke. Representative Croke represents the 12th District in Illinois and has been a big crypto proponent. Representative Croke talks to us about the future of crypto regulation, what would it take to get sensible regulation passed, governments adopting blockchain technology and much more. If regulation + crypto is important to you (and it should be!) don’t miss this! https://www.repcroke.com/ Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

53m
Nov 09, 2022
The Upcoming Real Estate Turmoil with David Blatt

In today’s episode Alex welcomes David Blatt back on the show. We talk about the massive bond yield hikes of the last 6 months, the Fed Pivot, effects on the real estate market – both residential and commercial and when the bottom in Real Estate will come.     David is CEO of CapStack Partners, focused on helping clients find real estate investment & capital solutions. He is also the Founder & CEO of Banxel, the first lender2lender marketplace to syndicate, buy & sell real estate loans. With a background in distressed real estate, Mr. Blatt has successfully structured & closed countless complex deals. He is also a frequent public speaker & writer on innovation & capital market trends in real estate.     Follow David on Social:  https://www.linkedin.com/in/davidblatt-capstackceo  https://twitter.com/capstackceo Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

57m
Oct 26, 2022
The Jackson Hole debacle. Will we get into a deep recession?

In this episode of the hardcore finance show, Shimon discusses the disastrous short term effects of the Feds Jackson Hole meeting. Is there a silver lining waiting in the long term, or are we up for more carnage in the markets? Can raising interest rates be good for the economy long term? And how does all of that affect the cryptocurrency markets? Tune in to find out. Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc www.thehardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

23m
Oct 21, 2022
Minting Millionaires - with Tony Bradshaw

Want to be a MILLIONAIRE? Tony Bradshaw - the award winning wealth coach - teaches us how to make the Millionaire Choice. Shimon, Alex, and Tony discuss how to manage money, what is real wealth, asset classes, the current financial crisis, and even.... a bit of crypto.  This is one of the best and most informative episodes yet! https://www.tonybradshaw.com/ https://www.themillionairechoice.com/ Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinanceshow.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

56m
Oct 19, 2022
Hardcore Finance Show - Our New Identity

In this Episode Shimon and Alex wrangle with the Identity of the Hardcore Finance Show and why talking to people about finance and financial freedom is so near and dear to our hearts.  Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinance.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

25m
Oct 05, 2022
Ukraine, Russia, the Fed and the latest and greatest in the global markets - PART 2

Shimon and Alex discuss the recent happenings in the Ukraine - Russia war and how that will impact the global markets. Part 2 Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinance.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

27m
Sep 28, 2022
Ukraine, Russia, the Fed and the latest and greatest in the global markets - PART 1

Shimon and Alex discuss the recent happenings in the Ukraine - Russia war and how that will impact the global markets Apple Podcast: https://tinyurl.com/36u8fmbr Spotify Podcast: https://tinyurl.com/4zv6syfc Hardcorefinance.com Follow us on Twitter @MrEBITDA @ShimonLazarov Support the show https://www.hardcorefinance.com/donate

26m
Sep 21, 2022