Part 11/16:
The conversation broadens into the societal impact of Bitcoin. Pete shares his investment thesis—viewing mining as a yield-generating asset that doubles in value along with Bitcoin’s price increases. He emphasizes the importance of protecting Bitcoin holdings ("sat" because "money doesn't buy happiness," but stable financial footing does).
Nick echoes this, stating that Bitcoin offers an "equalizer," empowering individuals worldwide—especially in countries with collapsing fiat currencies like Venezuela or Argentina—by providing access to a hard, scarce asset.