Confronting Dave Ramsey About Bitcoin, Dividends, and Real Estate

Confronting Dave Ramsey About Bitcoin, Dividends, and Real Estate
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  • @AndreiJikh
    @AndreiJikh22 күн бұрын

    Watch the full 1 hour 20 minute video here: kzread.info/dash/bejne/aoStzpl7dKy-obg.html

  • @NWforager

    @NWforager

    22 күн бұрын

    Sir Ramsey is a National Treasure ⚔

  • @Car_Fanatic

    @Car_Fanatic

    22 күн бұрын

    No thanks dude is a clown. But ty for bringing us diff content. Can't hate you hustling hard and happy yoy met a famous person. Not trolling. He's good for layman people, and sure they can benefit from him. But I hate his arrogance and confirmation bias. He makes claims that are out there and his viewers don't know better so they just ear it up

  • @darryljones8994

    @darryljones8994

    21 күн бұрын

    Again an amazing and interesting piece, you continue to hold my interest and provide compelling content. Please keep up the great work

  • @yesnohello-mq3xh

    @yesnohello-mq3xh

    21 күн бұрын

    No thank you

  • @blackopsjoker

    @blackopsjoker

    21 күн бұрын

    lol Andrei I could tell you were a bit scared asking questions on crypto

  • @beerkegaard
    @beerkegaard21 күн бұрын

    There’s NO WAY Dave Ramsey read the Bitcoin whitepaper 😂😂😂😂

  • @SamJones1337

    @SamJones1337

    18 күн бұрын

    What's important is he said it wouldn't matter to him because he doesn't buy those kind of investments, so just take him at his word and accept that Dave has found success with his formula and so he will stick to his formula. At the same time it's extremely likely that Bitcoin will beat his mutual fund over the rest of his life.

  • @gabrielgonzalez6456

    @gabrielgonzalez6456

    13 күн бұрын

    @@SamJones1337this is hard to assume if he lives another 20-25 years. Bitcoin or any other cryptocurrencies value is gauged by its technology of blockchain. Confidence is key in bitcoin, to store bitcoin need to have either a third party like Coinbase or a physical wallet in a drive. Third party company might give you confidence to a certain extent and physical wallet is like having gold/money under a mattress. Nvidia has gained more value cause of bitcoin mining, AI, etc. I would have more trust in a company producing value by a product or service then on a commodity being a source of holding on to for its scarcity. Bitcoin is a hedge against inflation, just like any commodity. Your assumption is that more people then what is current will have confidence in it despite it’s inefficiencies, especially in country like the US wanting to go green on the political landscape.

  • @flowbrandz316

    @flowbrandz316

    13 күн бұрын

    ​@@SamJones1337 This is a brainless response. Dave just lied saying he has read the White paper. He clearly hasn't. He clearly doesn't understand how it works. The guys has "wisdom" based on arrogance and platitudes. He makes an appeal to history and then hand-waves away gold despite it's 5000 year history as a store of value.

  • @talk2thoran

    @talk2thoran

    12 күн бұрын

    @@SamJones1337 If he didn't, then why lie about though? If he did, then he doesn't get it.

  • @mindrelax417

    @mindrelax417

    12 күн бұрын

    Right answer would be " listen, I just don't understand crypto "

  • @garygmt
    @garygmt21 күн бұрын

    When the cameras turned off… Dave: So Andrei, about that one Bitcoin.

  • @ralphmedina3437

    @ralphmedina3437

    20 күн бұрын

    😅

  • @cjs2020th

    @cjs2020th

    18 күн бұрын

    😂😂😂

  • @AndreiJikh

    @AndreiJikh

    18 күн бұрын

    HA! Dave is Dave, he didn't want any Bitcoin. But he never offered me any of his real estate :(

  • @garygmt

    @garygmt

    18 күн бұрын

    @@AndreiJikh lol I bet not! I was relieved to hear him at least explain his dislike for Bitcoin in a rational manner in this video. On his show he just goes into these senseless tirades anytime someone mentions it. I had to stop listening because of it.

  • @Wurdswurth

    @Wurdswurth

    8 күн бұрын

    One bitcoin to Dave Ramsey is like putting one sprinkle on a cupcake. It won’t increase his net worth much.

  • @GH-bz2vl
    @GH-bz2vl21 күн бұрын

    Dave is a wise guy but he’s definitely locked in his ways and mindset. I would love to see him and Michael Saylor have a chat.

  • @syfodias-jedimaster

    @syfodias-jedimaster

    19 күн бұрын

    Would be waste a time on both ends. Can lead horse to water but cant make em drink it

  • @SatoshiHODL

    @SatoshiHODL

    19 күн бұрын

    Yeah, Dave isn’t on that level. You don’t step in the ring with the champ because you think you can fight. They’re both behemoths in their worlds, and set in their ways so deep that neither could land a crippling blow to the other. I think Anthony Pompliano, Chamath Palihapitiya, or even Greg Foss are more on Dave’s Bitcoin debate level.

  • @syfodias-jedimaster

    @syfodias-jedimaster

    19 күн бұрын

    @@SatoshiHODL i don't think either wanted to debate. Andrei just wanted to touch bases maybe get a little feedback is all

  • @Bitcoin_Nick

    @Bitcoin_Nick

    18 күн бұрын

    THIS would be good

  • @syfodias-jedimaster

    @syfodias-jedimaster

    18 күн бұрын

    @@fivexx5183 u are over 60?

  • @my2sats260
    @my2sats26021 күн бұрын

    “Oh sure, I’ve read the whitepaper and all that stuff…”🤣🤡🤣

  • @FluffyNuggets369

    @FluffyNuggets369

    17 күн бұрын

    I bet if he got in at $1/coin, he would sing a different tune.

  • @WeiFinder

    @WeiFinder

    15 күн бұрын

    @@FluffyNuggets369 That's the entire point, he wouldn't have gotten into Bitcoin, because it's against his thesis. Thus, his thesis prevented him from taking part in the best performing asset of all time, and then he tells the little guys to invest in underperforming assets that will never compete with cryptos growth rates.

  • @robbetts

    @robbetts

    11 күн бұрын

    I laughed at that too.

  • @kerrykingcreates

    @kerrykingcreates

    7 күн бұрын

    I doubt he knows with the white paper is

  • @my2sats260

    @my2sats260

    7 күн бұрын

    @@kerrykingcreates 💯

  • @psyko0906
    @psyko090622 күн бұрын

    A lot of people are commenting here without watching the video. You’re not supposed to agree with everything everyone says, but this dude has been teaching common sense in finances for decades. Mad respect for the interview

  • @paulclinton6414

    @paulclinton6414

    22 күн бұрын

    If I listened to him, I'd be killing myself to exist within the matrix. I went outside the matrix and learned digital assets and spedrun the process.

  • @psyko0906

    @psyko0906

    22 күн бұрын

    @@paulclinton6414 and how’s that working out for you? You got one whole Bitcoin now?

  • @penguingobrrbrr353

    @penguingobrrbrr353

    21 күн бұрын

    @@paulclinton6414 what if there is no matrix and people are blindly believeing something ?

  • @fred6907

    @fred6907

    21 күн бұрын

    The way he talks about Bitcoin as a short term speculative asset is just plain wrong. 15 years of price history says otherwise. He confuses the term "bitcoin" and "crypto", like most people do. Most crypto is short term gambling, Bitcoin is not. There is no other asset on earth that has a better ROI than Bitcoin. He thinks it's a bubble. The timing of that comment couldn't be at a worse time, seeing as all the major institutions are getting onboard. If BlackRock and Fidelty are in on it, you KNOW where things are going. Then you have all the banks, hedgefunds...even nations. It's like claiming internet will be a fad, back in the 90's. The price isn't gonna stop at 60-70k, it's going into the millions. Sure property is a "safe" bet, but it's gonna take a long time to reap the benefits.

  • @penguingobrrbrr353

    @penguingobrrbrr353

    21 күн бұрын

    @@fred6907 if that was the case why no real millionaires are selling their physical assets such as properties,gold,cash etc for bitcoin and just hold for like 20 years and are 10+M ? there is a catch lol.

  • @oneowenation23
    @oneowenation2322 күн бұрын

    You are very respectful and humble. You also represented us Bitcoiners well with your respectful questions and beneficial input. I very much enjoyed this interaction.

  • @AndreiJikh

    @AndreiJikh

    22 күн бұрын

    I appreciate that!

  • @3Dimensional3
    @3Dimensional322 күн бұрын

    I'll take the BTC

  • @Socalarborist

    @Socalarborist

    22 күн бұрын

    Thought you said BBC! 😂😂😮😮

  • @benitotorres8757

    @benitotorres8757

    22 күн бұрын

    @@SocalarboristLMAO 😂😂😂😂

  • @MadBran92

    @MadBran92

    20 күн бұрын

    Send it haha! How about we do this! Take the BTC and put it in a time capsule! That way we can watch you dig it up when it’s worth millions 💪

  • @alandfaraway552

    @alandfaraway552

    14 күн бұрын

    Yea hey Andre I'll take a BTC please 🙏 or half of one.

  • @adamcraig1468

    @adamcraig1468

    9 күн бұрын

    I own no btc but am all in on alts

  • @c90FTW
    @c90FTW22 күн бұрын

    “Mathematically wages haven’t kept up with house prices so mathematically it wasn’t easier.” Wouldn’t that mean that average wages in relation to home prices were higher in the past than now? So mathematically, yes, it was easier previously.

  • @amrelrayes1136

    @amrelrayes1136

    22 күн бұрын

    No, because now mortgages are easier and more available and affordable than before.

  • @thisguy1920

    @thisguy1920

    22 күн бұрын

    Yes cause all the they do now is give you credit you can’t afford instead of you having most the money first.

  • @brykit1972

    @brykit1972

    21 күн бұрын

    Dave did acknowledge that. It’s kinda hard not to. So it’s like saying the sky is blue.

  • @susanlippy1009

    @susanlippy1009

    21 күн бұрын

    To an extent. Like he pointed out before the 50's and all the government loan programs you had to come to the table with piles of cash, most could not do that. The higher cost is balanced by easy loans. It's never been "easy" to own a home. It's always been a sacrifice. The current housing market tho does suck. Best hope interest rates don't go up to 18% like they once were. Homes are still selling even at these inflated prices. Let's not pretend that the average home hasn't changed as well. 925sqft was once a family home. Now no one wants a house that size. Homes didn't have expensive heating and cooling systems. Expensive appliances and all the extras you get now. Expectations of home have grown massively. That's reflected in your cost. If you go look at homes that would compare to those days it's not the same picture as you have. Lower your expectations and home becomes more affordable.

  • @daw7773

    @daw7773

    21 күн бұрын

    Dave was totally wrong with his comment that it was not easier to buy a house in the past(e.g. 1970’s). The average US salary rose with the cost of living until the late 1980’s. The US dollar lost 90 % of its value since the 1970’s, Nixon eliminated the “gold backed” dollar in 1971.

  • @martinlutherkingjr.5582
    @martinlutherkingjr.558222 күн бұрын

    Basically he won’t buy Bitcoin because he wants to speculate that the past will repeat itself for assets that have been around for a long time.

  • @Loremips9966

    @Loremips9966

    17 күн бұрын

    Exactly

  • @HC-sb1ru

    @HC-sb1ru

    5 күн бұрын

    He wont buy it because HE DOESN'T NEED IT! There is ZERO reason for him to take the risk.

  • @Loremips9966

    @Loremips9966

    5 күн бұрын

    @@HC-sb1ru he needs it without understanding why. You as well. Plus given your argument, if he doesn t need it because he has so much money, why would he worry about 70k

  • @HC-sb1ru

    @HC-sb1ru

    5 күн бұрын

    @@Loremips9966 No he doesn't.That's just something btc maxis desire. The wealthy have had to deal with inflation for decades. Even if US fiat collapses it will be fixed because the US government cant allow all wealth to evaporate. Also, Dave has real estate which is even a harder asset than bitcoin and him losing 80% of his assets still makes him a multimillionaire.

  • @DEM78976
    @DEM7897622 күн бұрын

    Basically comparing BTC to gold, he's getting there!! Good job trying to educate him, Andrei. He's a tough nut to crack.

  • @AndreiJikh

    @AndreiJikh

    22 күн бұрын

    Thank you! I think Dave's awesome, I have no doubt he will remain a billionaire even if he's wrong on Bitcoin

  • @FJX716

    @FJX716

    22 күн бұрын

    “Trying to educate him”. He made a reasonable explanation that left Andrei speechless. The crypto community is the group that needs education.

  • @DEM78976

    @DEM78976

    22 күн бұрын

    @@FJX716 I don't want to speak for Andrei, but I think he was being respectful to someone he looks up to. Spend some time learning about how broken our financial system is and how Bitcoin solves many of our macro and micro issues before forming an opinion that comes off as ignorant.

  • @Willis-de5hx

    @Willis-de5hx

    22 күн бұрын

    200m dollars I think he's allowed to be stubborn lol andrie ain't touching that wealth

  • @paulclinton6414

    @paulclinton6414

    22 күн бұрын

    ​@@FJX716I am retiring to a tropical island with millions decades before you will.

  • @brianmacleod4649
    @brianmacleod464922 күн бұрын

    Appreciate you pushing the Bitcoin conversation Andrei. Keep up the dope content.

  • @dustinhensley7995
    @dustinhensley799522 күн бұрын

    The people who are long term investors of Bitcoin are the ones who actually know what they are talking about

  • @amireallythatgrumpy6508

    @amireallythatgrumpy6508

    22 күн бұрын

    The number of people who "actually know what they're talking about" is exactly zero.

  • @mikerinaldi7170

    @mikerinaldi7170

    20 күн бұрын

    ​@@amireallythatgrumpy6508 zero? Meaning?

  • @talk2thoran

    @talk2thoran

    12 күн бұрын

    @@amireallythatgrumpy6508 Why are you commenting then?

  • @robbetts

    @robbetts

    11 күн бұрын

    Typically that’s true but an even easier way to tell the real investors from the get rich quick crowd is how focused or dismissive of they are of “shitcoins”.

  • @joshstieneker4615

    @joshstieneker4615

    11 күн бұрын

    Nothing is certain, but I would put Bitcoin's chances of producing huge long term returns at 90% probability. A random number I know, but you get the point lol

  • @bluesdog88
    @bluesdog8822 күн бұрын

    Bitcoin is technology, call it a guess if you want but it's the best performing asset for the last decade Dave.

  • @shirolee
    @shirolee22 күн бұрын

    9:34 I'm not a rocket surgeon hahahaha... I don't think anyone is...

  • @PlanetMars3

    @PlanetMars3

    22 күн бұрын

    It’s a fairly common saying, a mix of brain surgeon and rocket scientist, I first heard it in the movie Mystery, Alaska from 1999 but I’m sure it’s been around longer.

  • @kylekuehne5976

    @kylekuehne5976

    21 күн бұрын

    Hey, says that all the time. One of my favorite lines 😂

  • @mogamethanu

    @mogamethanu

    20 күн бұрын

    I know a surgeon who became an astronaut. Does that count?

  • @my2sats260
    @my2sats26021 күн бұрын

    Dave had to constantly talk over Andrei when he realized he never read the whitepaper 😂

  • @cjs2020th

    @cjs2020th

    19 күн бұрын

    Exactly - so obvious in his one word reply “ sure “ when Andre asked if he has read the white paper ha ha ha and also so obvious in his demeanour that he dismissed BTC years ago and now like Shiff cannot admit that he is actually wrong 🙄

  • @mylescrawley1193
    @mylescrawley119322 күн бұрын

    18:17 air is priceless and so is Bitcoin 🚀

  • @jjyolo7249

    @jjyolo7249

    22 күн бұрын

    Dave made the air comment and I thought....how long can you live without it?

  • @zakusleeverious4836

    @zakusleeverious4836

    19 күн бұрын

    @@jjyolo7249 Hilarious. He basically explained the value of Bitcoin and he refuses to accept it. There is no "hope" with Bitcoin. He simply doesn't understand how it works

  • @ParkerBG

    @ParkerBG

    5 күн бұрын

    @@jjyolo7249and how much money can you get for it?

  • @pepsico815
    @pepsico81518 күн бұрын

    Ok, it's obvious that Dave doesn't like Bitcoin because there is no way for him to package it up and somehow sell it to his audience. We all know this.

  • @ZidaneSteiner
    @ZidaneSteiner22 күн бұрын

    I love to see him soften his stance on Bitcoin. Now its 'just not for him" lol.

  • @Schnitzel_off
    @Schnitzel_off22 күн бұрын

    Can’t teach an old dog new tricks 😂

  • @fmoreira2727
    @fmoreira272722 күн бұрын

    Really really appreciate your stance of having a conversation with someone you don’t fully agree with. It’s refreshing to see someone breaking the bubble of their own ideas! Please keep it up!

  • @purpleheadali
    @purpleheadali22 күн бұрын

    All the blackrock PhD mathematicians are making a guess with their calculators.

  • @sleepymeow7156
    @sleepymeow715622 күн бұрын

    I think what Ramsey was trying to say is a common phrase in the crypto world, "Never Invest More than You Can Afford to Lose"

  • @henrytep8884

    @henrytep8884

    22 күн бұрын

    that's a common phrase before crypto.... yall crypto ppl be thinking way too highly of yourself. Straight up Benjamin Graham probably used that line, JP Morgan used that line.

  • @oldscratch3535

    @oldscratch3535

    21 күн бұрын

    ​@@henrytep8884He didn't say crypto invented the phrase. Learn how to read.

  • @brykit1972

    @brykit1972

    21 күн бұрын

    You do hear that phrase in crypto all the time. We’re AWARE that it’s speculative! The fact that some ape in with the money from their HELOC doesn’t negate that fact.

  • @henrytep8884

    @henrytep8884

    21 күн бұрын

    @@oldscratch3535 I did read it correctly, when did I say that crypto made that phrase? Maybe you should read my line again, since you don’t know how to read, it’s a common investment phrase, why do crypto think this is some unique statement from the crypto world when this line been around for a long time? This is just stolen valor at this point, again crypto got nothing original to say and trying to get credit for things they didn’t make.

  • @cjs2020th

    @cjs2020th

    21 күн бұрын

    Doh !!🙄

  • @MarsBound23
    @MarsBound2321 күн бұрын

    You can send that one bitcoin my way! Fantastic interview! Thanks for putting this together, Andrei

  • @AndreiJikh

    @AndreiJikh

    21 күн бұрын

    Thanks for checking it out :D

  • @yoeddy
    @yoeddy22 күн бұрын

    Dave Ramsey’s best advice was when he said: “Scroll back up and smash the like buttonski 💯💯”

  • @AndreiJikh

    @AndreiJikh

    22 күн бұрын

    Best advice ever

  • @econo_verse
    @econo_verse22 күн бұрын

    Hahaha Don't tell this to Robert Kiyoski 😂

  • @DanielGonzales-di6tq
    @DanielGonzales-di6tq22 күн бұрын

    As long as the government keeps allowing and asking the central banks to print money, Bitcoiners are gonna keep putting money into Bitcoin because it serves as a protection from debasement.

  • @brykit1972

    @brykit1972

    21 күн бұрын

    That’s why listening to Dave about Bitcoin is dangerous.

  • @FJX716

    @FJX716

    21 күн бұрын

    But what does every person who owns BTC do with it in the end? Are they using it like currency? No, they are converting it to cash. Cash will always have value over data. There’s no reason to own BTC if it’s not accepted as a form of payment.

  • @DanielGonzales-di6tq

    @DanielGonzales-di6tq

    21 күн бұрын

    I’ve also bought a couple of shirts and other products from vendors who accept Bitcoin as payment

  • @td0713

    @td0713

    20 күн бұрын

    ⁠@@FJX716 Many exchanges now allow bitcoin as payment. I see no reason why using bitcoin as an alternative currency wouldn’t be any option.

  • @nathanwadsworth79

    @nathanwadsworth79

    20 күн бұрын

    @@FJX716is gold used like currency? It’s digital gold.

  • @leafside516
    @leafside51615 күн бұрын

    Andrei, your poise, finesse, and patience speaking with Dave about Bitcoin was so impressive. Dave kept saying Bitcoin has "no track record", but at what point does it have a track record?? Its 15 years old. Does is have a track record at 25 years? 50 years? 100 years? Dave came as close as he's gonna get, but the reality is that Bitcoins track record over any timeframe in the last 15 years is phenomenal, and although its price action is volatile, its not speculative... We know its supply dynamics with certainty which is completely unique from any other asset.

  • @AndreiJikh

    @AndreiJikh

    15 күн бұрын

    Thank you! And great point, every asset goes through a period of having no track record but that’s not a dig against Bitcoin. I think 15 years isn’t exactly a short record either!

  • @Crimea_River
    @Crimea_River22 күн бұрын

    That interview was great. I really appreciated when you pushed back on him. I think when it comes down to it Dave knows he has to give financial advice that can benefit most people. Crypto on the other hand drains most people.

  • @ScottishJazzman

    @ScottishJazzman

    21 күн бұрын

    Dave’s advice is excellent for people who aren’t personal finance nerds. You’ll get out of debt, and you’ll build wealth steadily and reliably. Super low risk, and easy to follow… not sure where his 12% return mutual funds are though!

  • @johnnycrypto802
    @johnnycrypto80222 күн бұрын

    I cannot fathom how hypocritical and isolated Dave Ramsey is regarding bitcoin especially with how he has an implied understanding of fiat and value in assets and made millions from this knowledge.

  • @fred6907

    @fred6907

    21 күн бұрын

    Claiming it's a speculative asset is just plain wrong. It WAS speculative in the beginning. Now it's been around for 15 years, can't really call it short term anymore. And it's not like it's going away anytime soon. The amount of money being poured in from all the institutions is proof of that. There is NO way the price will go anywhere but up from here, the demand is just too insane.

  • @gusgalvanini
    @gusgalvanini22 күн бұрын

    Preach Bitcoin my man!!

  • @rockybalboa5896
    @rockybalboa589622 күн бұрын

    I like DR as well, but what he does not see is that BTC is a hedge against a decreasing FIAT currency with the $ leading all of them. You missed your opportunity when you said that BTC's Supply is now less than Gold and DR replied but it wasn't last year. EXACTLY! But I think in DR's mind he was mistakenly pointing out that the supply of BTC could reverse and change back next year and be more than gold again.

  • @FJX716

    @FJX716

    21 күн бұрын

    He’s saying speculation and events like the halving spark the belief this will make the price increase. Nothing about the halving has made BTC reach much higher than 72k. It’s even made the price drop lower.

  • @andrewdagostino1687
    @andrewdagostino168722 күн бұрын

    Dave and Peter Schiff should have a talk show.

  • @UpUpDnDnLtRtLtRtBAStart

    @UpUpDnDnLtRtLtRtBAStart

    21 күн бұрын

    They probably both own Bitcoin

  • @DouglasCMills

    @DouglasCMills

    6 күн бұрын

    In ten years there’d be no one left to watch it😂!

  • @dustinhensley7995
    @dustinhensley799522 күн бұрын

    Spec home is a non custom built house… It is built to spec! FFS…

  • @AndreiJikh

    @AndreiJikh

    18 күн бұрын

    I've also heard it referred to as "speculative" homes that builders go all out on (this is less common nowadays then prior to 2008) so maybe that's why the older people refer to them in that context

  • @en3mes
    @en3mes22 күн бұрын

    Glad you did this Andrei!

  • @geoms6263
    @geoms626322 күн бұрын

    Dave Ramsey’s best advice was when he said: ,,Garbage in, garbage out´´

  • @Murkee813
    @Murkee81321 күн бұрын

    Man raoul paul needs to have a conversation with Dave about crypto

  • @manfromnantucket6880

    @manfromnantucket6880

    20 күн бұрын

    Robert Breedlove and Andreas Antonopoulos too.

  • @CNT536
    @CNT53622 күн бұрын

    17:08 "When facebook went public, did I put any money in it? NO!" lol that's no a flex

  • @nerios.v

    @nerios.v

    22 күн бұрын

    He is saying that to explain that, when Facebook when public nobody really knew if it was going to succeed, therefore you'd be speculating. It's easy to say you missed out on hindsight.

  • @bibby3027

    @bibby3027

    21 күн бұрын

    it actually is a flex to get as rich as he is without investing in any speculative tech company. it’s not flex to say u guessed and got it right

  • @faundr

    @faundr

    21 күн бұрын

    @@bibby3027 He didn't get rich investing either. Book sales and talk shows and some good luck, not taking anything away from him, with real estate. Most of Dave's wealth is actually in his company's real estate property.

  • @alexbeliy77
    @alexbeliy7722 күн бұрын

    Great episode! Thanks Andrei

  • @dgreer5537
    @dgreer553722 күн бұрын

    “Buy” or finance a home with no credit and still lock in a great rate?

  • @brykit1972

    @brykit1972

    21 күн бұрын

    Dave glossed over that real quick! 😂

  • @growgodly

    @growgodly

    20 күн бұрын

    Mortgages are the only debt that Ramsey isn't adamently against but they still stand by the principle of not borriwng more than you can afford (25% of imonthly ncome) and paying it off as quickly as possible.

  • @ChucktheQA
    @ChucktheQA21 күн бұрын

    I enjoy listening to the debates. Andrei and Dave both debated over bit coin. Also, Kudos to Dave to standing for his beliefs. Andrei offered, and Dave declined. Generousity and diversification on both ends of the conversation

  • @dubedition13
    @dubedition1322 күн бұрын

    'but last year april, it wasnt' - Dave Ramsey on bitcoin being the scarcest asset due to the halving 🤣🤦🏻‍♂️

  • @RobEGR19
    @RobEGR1921 күн бұрын

    He built himself an actual echo chamber, a museum to himself, and filled it with people who blindly follow him as their savior. He couldn’t be more closed minded. And I find it shocking that no matter how hard I try, I continually disagree with most of what Dave preaches.

  • @amireallythatgrumpy6508

    @amireallythatgrumpy6508

    21 күн бұрын

    You do realise the USA is "an actual echo chamber"?

  • @i-lyas
    @i-lyas22 күн бұрын

    I loved the interview and to be honest what he said is logical; I liked his perspectives. Thanks for sharing Andrei ✨

  • @jkirkpatrick3889
    @jkirkpatrick388922 күн бұрын

    Thank you for the ad break after offering the bitcoin

  • @patoripraha
    @patoripraha22 күн бұрын

    Awesome interview

  • @MrDude2237
    @MrDude223720 күн бұрын

    Thoroughly enjoyed the difference in your interview compared to others, and my favorite part was the behind the scenes of the studio and complex. Very cool and interesting stuff!

  • @lukescapee1234
    @lukescapee123422 күн бұрын

    My mom also calls him Uncle Dave lol. Love this collab

  • @dastan4637
    @dastan463721 күн бұрын

    At one point of time, there also haven't been bluechips, s&p... so, it is a weak point saying not to invest in BTC because of track record(16years).

  • @TheDaumWorld

    @TheDaumWorld

    21 күн бұрын

    Yeah buddy you totally didn’t know that S&P was created back in the 1920s didn’t you.

  • @randomhobbies5796
    @randomhobbies579622 күн бұрын

    damn good episode. love dave and andrei

  • @RIPieces22
    @RIPieces2222 күн бұрын

    Great video Andrei!

  • @isaacsplumbing
    @isaacsplumbing22 күн бұрын

    ❤❤❤❤Loved this. Transparency.

  • @tjmooney4181
    @tjmooney418122 күн бұрын

    Inflation decreasing of a finite supply while demand is at all time highs and increasing more than ever

  • @thadvocates9974
    @thadvocates997422 күн бұрын

    Great video! Congratulations on getting a interview with him. Dave sticking to his integrity!! That part!! 🎉

  • @thisguy1920

    @thisguy1920

    22 күн бұрын

    It’s not integrity. If he flips script now he looses the narrative & in turn losses power.

  • @plumbingHVAC_sports
    @plumbingHVAC_sports22 күн бұрын

    Great & so much good information 💪🏽

  • @dijidal
    @dijidal20 күн бұрын

    9:39 “and I’m not a rocket surgeon” 😂 😷 😂

  • @AndyBolton310
    @AndyBolton31022 күн бұрын

    I enjoyed this and it’s refreshing to see Dave in an off the cuff fashion. Not the biggest fan of his but I appreciate his point of view and that building is pretty cool.

  • @Jack-qk3xv
    @Jack-qk3xv22 күн бұрын

    Thanks for the interview!

  • @AndreiJikh

    @AndreiJikh

    22 күн бұрын

    I had a blast!

  • @thisguy1920

    @thisguy1920

    22 күн бұрын

    @@AndreiJikhI’m glad you didn’t just agree with a dinosaur.

  • @tw106
    @tw10622 күн бұрын

    Dave Ramsey doesn’t believe you can “invest” in digital assets, but there are plenty of people who are investing in them with a multi-year view. Bitcoin may only have a 15 year track record/history, but its security has never been broken despite many attacks, which is impressive, and it does have a long term roadmap to 2140. If it does reach this, then inevitably, those who did invest and held on will no doubt become millionaires, if not billionaires,that is generational wealth. It has huge asymmetrical upside which is foolish to not have some skin in the game in.

  • @penguingobrrbrr353

    @penguingobrrbrr353

    21 күн бұрын

    You do realize people can sell others dreams and believe in it ?. No one get rich without an actual business money producer.

  • @mikerinaldi7170

    @mikerinaldi7170

    20 күн бұрын

    ​@@penguingobrrbrr353 Exactly! That's why gold has no value

  • @manfromnantucket6880

    @manfromnantucket6880

    20 күн бұрын

    HODLers have done their research and invested wisely, based on the risks they are willing to take on a new asset class. Dave's yardstick about the terms "speculation" and "investment" is easily disprovable nonsense. VCs have done their research and invested in all kinds of new inventions since forever.

  • @tw106

    @tw106

    20 күн бұрын

    @@penguingobrrbrr353 I see your awareness of the world you live in. You believe that not even one person has become rich from investing in digital assets or Bitcoin.

  • @thirsty3333
    @thirsty333321 күн бұрын

    I loved you and Dave’s back and forth great like you guys doing it together for years lol

  • @WhatIsThis-zq4hk
    @WhatIsThis-zq4hk22 күн бұрын

    "You also can't afford to live in Tokyo" Actually Tokyo an incredibly affordable city for it's size due to the extremely loose zoning laws that allow massive amounts of housing to be built of all shapes and sizes. It is unthinkable for a low wage restaurant worker in NYC to have their own studio apartment, but that is actually quite common in Tokyo. On top of that, the public transit in Tokyo is world-class so you don't need a car, which is more savings.

  • @ActionInvestor
    @ActionInvestor21 күн бұрын

    Are you going to meet Robert Kiyoski next? That would be cool!!

  • @Xairos84
    @Xairos8419 күн бұрын

    20:31 integrity! A word fading from understanding.. Good interview

  • @alexhydrummer
    @alexhydrummer12 күн бұрын

    Absolutely love this. Nice work Andrei & Dave!

  • @tristanmiller848
    @tristanmiller84821 күн бұрын

    Considering what Dave said about what makes something speculation verse investing. Would he say that an investor investing in a new business isn’t investing in that company, they are speculating in that new company? That business doesn’t have a long term track record so it must be speculation

  • @brykit1972

    @brykit1972

    21 күн бұрын

    Sounds like it. From everything I’ve heard over the years investing in a new business, especially a restaurant, is about the riskiest thing you can do.

  • @TheDaumWorld

    @TheDaumWorld

    21 күн бұрын

    Yes……that is exactly right lmao. Sounds like you’re trying to make a rhetorical question that would make a point.

  • @zootechdrum
    @zootechdrum22 күн бұрын

    I like this guys investing advice

  • @ethancotton1182
    @ethancotton118221 күн бұрын

    @AndreiJikh what percent of your portfolio is btc

  • @BruceChavers
    @BruceChavers22 күн бұрын

    Great interview!

  • @HeythereDavehere
    @HeythereDavehere22 күн бұрын

    Enjoyed your BTC discussion with Dave

  • @deanstevenson1649

    @deanstevenson1649

    22 күн бұрын

    what is the approximate timestamp of that? cheers

  • @AndreiJikh

    @AndreiJikh

    21 күн бұрын

    thanks Dave! He was fun to talk to, if you come out to Vegas again, let me know!

  • @dsflat6785

    @dsflat6785

    21 күн бұрын

    Are we seeing a slow bleed from BTC into BCH ? BCH is up about 300% in one year, over twice as much as BTC.. BTC with small blocks isn't and cannot be a P2P Electronic Cash System for the world which was the whole point of Satoshi creating Bitcoin in the first place Bitcoin Cash: A Peer-to-Peer Electronic Cash System The same 21M max supply as BTC Same halvings Same miners Same Genesis block BCH big blocks, scales on-chain, is fast and cheap to transact P2P on L1

  • @rkeyology81
    @rkeyology8122 күн бұрын

    He's a financial televangelist, the Joel Olsteen of money... "I'm not a stupid boomer who doesn't understand crypto" also "I'm not a rocket surgeon"

  • @ryanl3812

    @ryanl3812

    20 күн бұрын

    He says "rocket surgeon" all the time. It's a joke. The man built and runs a media and real estate empire, he's unquestionably smarter than you and I.

  • @Dgnmuse

    @Dgnmuse

    19 күн бұрын

    I agree. His whole shtick is annoying and dated. Being a boomer helped more with finances than cutting coffee ever will 😂

  • @Penelopecarbon1053
    @Penelopecarbon105321 күн бұрын

    Outstanding interview!!

  • @smirkinatu5512
    @smirkinatu551222 күн бұрын

    Good job Andrei.

  • @Kofz89
    @Kofz8922 күн бұрын

    This was really good you done a great job standing your ground on BTC and strangely enough I half got where Dave was coming from. But yeah this was dope!!!

  • @george7672
    @george767222 күн бұрын

    Well done!

  • @nicolaescu3
    @nicolaescu320 күн бұрын

    Loved your going back into the analysis of the technical aspect of crypto (@16:48), man! Up to the point that you mentioned that, the conversation really was going down a slippery slope. The importance of the actual implementations of blockchain, smart contracts and their market penetration is absolutely essential for all crypto assets.

  • @sandracsaniz7435
    @sandracsaniz743521 күн бұрын

    Awesome interview. Learned a lot.

  • @driftingintoretirement
    @driftingintoretirement22 күн бұрын

    Great interview.

  • @samueljordan5601
    @samueljordan560122 күн бұрын

    Good video Andrei

  • @my2sats260
    @my2sats26021 күн бұрын

    No - Dave didn’t read the white paper 🤣

  • @ralphmedina3437

    @ralphmedina3437

    20 күн бұрын

    Hell no! He thinks bitcoin and all crypto are all the same.

  • @Raz_Peach
    @Raz_Peach18 күн бұрын

    Amazing!!! Two of the best!!! Priceless!

  • @edwardsondamaso9432
    @edwardsondamaso943216 күн бұрын

    @andreijikh what can you say about Kaspa? Cheers

  • @VTNIGHTLIFE91
    @VTNIGHTLIFE9122 күн бұрын

    I. Have. Been. Waiting. For. This. For. Years. Thabk you!!!!!

  • @miket.8289
    @miket.828922 күн бұрын

    Automagically!

  • @pilotgirl5953
    @pilotgirl595319 күн бұрын

    Great interview with Dave. Gotta agree with him on Bitcoin . I do own some though.

  • @luapnomis21
    @luapnomis21Күн бұрын

    Really buying House choicing right the right path..You make sound so easy 😊

  • @smirkinatu5512
    @smirkinatu551222 күн бұрын

    Bitcoin track record is since 2009. Is that long term?

  • @amireallythatgrumpy6508

    @amireallythatgrumpy6508

    22 күн бұрын

    No. Long term is 25+ years.

  • @FJX716

    @FJX716

    21 күн бұрын

    The NYSE was founded in 1792. What do you think?

  • @Socalarborist
    @Socalarborist22 күн бұрын

    That’s great but are you better than you deserve??😂😂

  • @michaelenglish2478
    @michaelenglish247822 күн бұрын

    Mike from Houston, TX here. Freaking love your content, Andrei. Would love to meet you someday man!

  • @henrivacas36
    @henrivacas3621 күн бұрын

    To be a master you must find a master to be like. Great video. Cheers from Switzerland.

  • @dyhppyx
    @dyhppyx22 күн бұрын

    Definition of an ignorant boomer. If he was born now he would be nobody

  • @light0000

    @light0000

    22 күн бұрын

    To be fair he was ignorant then. His bankruptcy is what changed him. Which could happen in today's time for anyone as well

  • @amireallythatgrumpy6508

    @amireallythatgrumpy6508

    22 күн бұрын

    Just like every single American born today will ever be.

  • @arh1234

    @arh1234

    21 күн бұрын

    A hard worker and skilled salesman will, I think, always have some degree of success.

  • @melissamadrid-odom5957
    @melissamadrid-odom595722 күн бұрын

    I mean I'll take a BTC Andrei! 😅😅

  • @moherna3323
    @moherna332310 күн бұрын

    Great interview Andrei! I follow Dave and you as well.

  • @darrendent8288
    @darrendent828822 күн бұрын

    @10:35 I 👀 with dem kicks, Andrei.

  • @Birddog1689
    @Birddog168922 күн бұрын

    Dave is speculating himself. He is speculating that historical systems and markets will follow historical patterns and that younger generations won’t wake up in large portions to the fraudulent basis of most of those historical systems

  • @bhitz
    @bhitz22 күн бұрын

    That guy makes this all sound cult like 😂😂😂

  • @amireallythatgrumpy6508

    @amireallythatgrumpy6508

    22 күн бұрын

    Almost as cult-like as the USA.

  • @richardbradbury7086
    @richardbradbury708622 күн бұрын

    Thanks for doing this. It was great seeing two people with so much knowledge discuss their views on investing, home buying and other financial topics. Well done sir!

  • @PG22_Hello
    @PG22_Hello7 күн бұрын

    I'm glad Dave is welcoming KZread personal finance folks to his channel.

  • @JKPham23
    @JKPham2322 күн бұрын

    Ramsey is great for getting out of debt but as far as investing or using leverage or credit responsibly hes not realistic. To say theres no benefit to building credit or earning sign up bonuses or percent back on everyday spend while paying credit cards in full is asinine

  • @Rock-ll1kv

    @Rock-ll1kv

    22 күн бұрын

    Yep!

  • @DimiArhontidis
    @DimiArhontidis22 күн бұрын

    What sucks because Dave doesn’t need bitcoin. He is a millionaire. It’s the people that listen to him and stay out of Bitcoin that will stay poor.

  • @drewsmith8054

    @drewsmith8054

    20 күн бұрын

    Wait until his bank accounts are frozen, bitcoin isn’t just about how much he has, if banks decides to shut down anyone’s bank accounts they can’t use any of it and nobody can freeze bitcoin because of its nature of design as long as the owner holds their own keys. It requires nobody’s permission to transact vs banks do. Did you know because of US sanctions many people in these sanctioned countries can’t get a bank accounts even?

  • @serg_lemus

    @serg_lemus

    20 күн бұрын

    Well if they're already poor and don't have much knowledge on digital assets Bitcoin can't do much for them either 🤷‍♂️

  • @panamakinal
    @panamakinal22 күн бұрын

    Man this was a great interview with Dave trying to push him with someone that really knows what they're talking about