Counter-Currents
Counter-Currents Radio Podcast No. 435 Karl Thorburn on Elon Musk & More
Counter-Currents Radio
200 words / 54:21
Host Greg Johnson was joined by BitCoin maven Karl Thorburn to discuss Elon Musk and Twitter, economic news, current events, and YOUR QUESTIONS in the first half of last weekend’s broadcast of Counter-Currents Radio, and it is now available for download and online listening.
Topics discussed include:
03:04 Introduction to Karl Thorburn
04:41 Owning 9.3% can make someone the largest shareholder of a company!
05:04 Why isn’t Elon Musk getting on the Twitter board?
05:58 There are many ways for large corporations to prevent takeovers
07:54 Musk has a strong legal case to take over Twitter
09:49 Twitter’s shares shot up when Musk’s involvement was announced
11:03 How much do you own a stock?
15:12 Why do they want to stop Elon Musk?
21:09 Proof of stake vs proof of work
22:39 Reactions to Musk’s involvement
27:29 What’s currently going on with BitCoin?
33:52 Will the housing bubble pop even if the fed doesn’t raise rates?
38:25 When investment firms start selling their real estate, where will they put their money?
41:32 Elon Musk should start a bank for dissidents
44:08 Why does the fed need to sell treasuries?
47:24 Comment on Janet Yellen
51:04 Why was Karl censored on Telegram?
To listen in a player, click here. To download, right-click the link and click “save as.”
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1 comment
Karl is great. Love hearing from him always! I have an hypothesis. A hypothesis only, in the sense of a stab in the dark, based in pure speculation. (Pun alert.). Why are all certain of these financiers praising Bitcoin to the moon as “digital gold” etc etc, and in particular Bitcoin and not the more practical digital currencies, with Janet yellin among them, someone as you allude, who should be ideologically opposed to Bitcoin at every level? Because Bitcoin in its philosophical conception is a vote against confidence in the US financial system in the wake of the 2008 financial crisis. Could it be that Satishi Yakomota or whomever, or the coalition of people called Satishi Yakomota, or at least a high proportion thereof are X? Counter currents readers can fill in the variable X easily enough. If true, that would be something to think about when considering the long term value of Bitcoin. Im not sure what the precise impact would be, but it’s something to consider. The possibility of nepotism could explain the rise of Bitcoin.
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