BTC105: Bitcoin, Not Crypto w/ Cory Klippsten

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Cory Klippsten joins Preston Pysh for a conversation about how “Crypto” is not Bitcoin despite Silicon Valley Venture Capitalists trying to conflate the two as being equal.

00:00:00 – Intro
00:00:30 – Cory’s one over the world view of everything happening after the FTX bankruptcy.
00:08:43 – What are the issues with “Crypto” Venture Capitalists?
00:10:08 – How the Crypto scam works.
00:13:14 – Was SBF doing unethical things?
00:14:59 – How could people identify such fraudulent activities in the future?
00:28:59 – The Library Ruling – what are the implications.
00:31:51 – Cory’s Background and how he got into Bitcoin.
00:38:38 – What the Bitcoin Pacific Conference was like.

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I’m Preston Pysh, an entrepreneur, investor, author, and cryptocurrency ₿ proponent. I’m the founder of and Pylon Holding Company. I have authored and co-authored 🖊️ a number of investment and autobiographical works and also wrote multiple finance and investing-related articles for Forbes from 2016 and 2018. I take great pleasure in taking complex ideas 💡 and making them accessible.

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  1. Bitcoin is all you need. Ignore the "Crypto" scammers & youtube influencers. They are all pushing fraud (knowingly or unknowingly)

  2. It's not like the rest, but the rest rely on it's price point. BTC Yearly low sell point is under .03 cents btw.

  3. Shitcoiners getting their comeuppance….You guys looking a little skinny, afraid, cucked 😢😮😊…. Get Fat – Buy Silver/Gold in that order….Lol

  4. Thank you as always for not gatekeeping good ideas and presenting a level headed and experience backed opinion. One of the few channels I feel like I can trust. Investing is a long-term game, i did say focus on the long run perhaps. 2022 has just been crazy for investors, inflation have me stressed out and worried about the future. I've been in the red for a while now and already losing control. Little did i know that trading is where you make your money not just holding alone. I was opportune to come across peoples testimonies about Mrs. Robin Moore crypto trading few weeks back. Reaching out to her was the best decision of my life. As I've made over $390k within that period till now from day trading bitcoin through her guidance and copying her daily trade signal to my trade with just $60k.

  5. I can buy the fact that most "crypto" is a scam, however, I'm not buying the maxi, fascist, attitude that Eth is also a scam. Call Eth a "security." Okay. (BTC also has hard or soft forks too.) But Eth is not a scam. You people lose credibility by continuing that narrative; or you show your ignorance, knowing that Eth has worked on the "merge" for years and years. I really just don't get the "haters going to hate" attitude with Eth. What gives? And for the record I like and invest in BTC. I dollar cost average into BTC every Saturday morning. Hate to be a truth-teller, but Eth isn't going away (neither is BTC). Get used to it and get over it!

  6. Thank you Preston for all the POS you do! excellent again, great host Cory Klippsten, is the individual who helped me take seriously going down the rabbit hole and finally get it and understand the properties and value of bitcoin to humanity. I promise I will be in Pacific Bitcoin next year 2023. I will definitely target a VIP ticket because I do really want to seriously consider making a change to work and dedicate the rest of my experience and proof of work to a bitcoin-only company. hopefully, my permanent resident process in Japan completes early next year, which means I will be able to work in Japan without a working visa. I want to be sure you read this comment because it will be an honor to meet you in person and the Swan team including Yan, Camila 🤗 and the other amazing bitcoiners. All the very best and look forward to meeting you all next year at Pacific Bitcoin!

  7. The Bitcoiner’s Schadenfreude is not good.
    Even if you are a bitcoiner, it isn’t easy to take self custody.
    My parents in their 70-80´s own BTC because we forced them into but they can barely manage to deal with their text messages on their smartphones.
    We should have some trustable platforms for not young and tech holders.
    Or maybe you prefer not to have this category of hodlers.

  8. Quit with the washing. Bitcoin not crypto is already old. Decentralised Ponzi is still a Ponzi. The genius in crypto decentralisation is getting the marks to self select and condition each other through a culture of toxic positivity. Hold til he market manipulators cash out. Keep holding til the broader market contracts and you have no choice but to sell. Rinse repeat. The earned income of a conga line of greater rubes is funnelled to an incestuous pack of unscrupulous exploiters and a financial ecosystem with wealth polarisation reflective of the feudal era persists.

  9. Sounds like the conference was quite elitest, but good otherwise. Now do something accessible.

  10. Great to see Cory on your show. He does superb work exposing the scammers. Bitcoin only. Thanks Preston.

  11. Thank you for breaking it down!!We'll have regrets for things we did not participate in…Investment should always be on any creative man's heart for success in life.

  12. Lot of good information here. Scammers need to be named and exposed to stop Bitcoin, and Blockchain in general from getting bad reputation

  13. I did not hear the Celsius warnings in time. Bitcoin maximalist now. No worries, stacking sats now, Safely.

  14. Yep , I lost 10% of my Bitcoin on Celsius. Thanks to all the MAXI BITCOINERS. For speaking Truth, hopefully next bull run I will remember my mistakes.

  15. Crypto will point out the often hidden financial dishonesty, we all suffer from, due to trust; it will expose the people that have been expertly dishonest, and it will cut off, and expose historical streams of ill gotten gains…and still…they steal all the Bitcoin not locked away… 😁…SBF is a poser. Vitalik is the real, embarrassingly geeky, deal

  16. Cory- You are providing a public service. Keep the faith. You were one of the few screaming from the mountain top

  17. Elon Musk has made the Crypto investment so easy for everyone to make Fast and reliable Rio setting up an investment with the guildiance of a professional

  18. Great stream, as always. I appreciate the level-headed approach you take to the news and the markets. A lot has changed and that's on everything but the truth is I don't even care much about bullish or bearish market anymore because Laura Jane got me cover as I am comfortably making 11B T C monthly….

  19. Your explanation is realistic and straight to the point. On the other hand there are many ways of manipulating the market, I was able to grasp the knowledge of trading crypto assets early enough, but i was still limited due to my lack of technical understanding of how to analyse the digital market , all that changed when i encountered (Boston Weber) strategy. more emphasis should be put into day trading as it Is less affected by the unpredictable nature of the market.

  20. I would like to take this opportunity to thank Cory who, along with Matthew Kratter, sounded the alarms that allowed me to pull my BTC, ETH and USDC out of Celsius just in time to avoid my taking a major haircut.

    I was an 85% Bitcoin proponent, but am now a 💯% Bitcoin maximalist.

  21. Really "smart guys" keeping 40% of their crypto on centralized exchange. GTFO. Why not just self custody if you're so wise. These guys making excuses for mismanagement is mind boggling

  22. Cory's been a warrior for Bitcoin, I've got huge respect for the way he just will not back down if you fcuk with Bitcoin 👏

  23. We are witnessing the early death throes of btc. No new volume buyers. It can only get worse.


  24. Predicting< a reversal of a trend is risky, and even worse, I believe there is more to this market than we understand currently. When people are losing, they don't aim to increase their average, but that can only change if you have a personal trade guide and signal provider like that of Jim Detterick which has made me almost 8.7 on a 2 btc Trade capital over the last 2 months. Make the wise decision. Markets fluctuate in cycles that can last anywhere from a few days to several years. In the case of B-TC, it's difficult to make a bullish case simply from looking at the charts.

  25. This was a great discussion! Thanks Preston, I really appreciated the straight forward chat and highlighting a realistic view of recent events. Cory has been instrumental in helping others realize the scams and focus on what matters – which is bitcoin. Great show!

  26. that's lame that you mute out swear words, it's a podcast for crying out loud, enough with trying to hold people's hands who want to listen

  27. If you're right about this AMT2X this could really help people offset the losses they experienced this year

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