Drew Mariani dives headfirst into the Bitcoin conversation on The Drew Mariani Show with guests Bill Ulivieri (crypto enthusiast and investment advisor) and Chris Temple (editor of The National Investor).

 

🏦 What’s the Big Deal About Bitcoin ETFs?

 

Asset managers behind Bitcoin ETFs have become the largest holders of Bitcoin.

 

These funds (launched in January) are a milestone for institutional adoption and now hold 5% of all Bitcoin!

 

Fun fact: They’ve even surpassed Satoshi Nakamoto’s rumored holdings.

 

🤔 Bitcoin 101: Bill Ulivieri’s Take

 

Bill gives us the big picture:

 

Bitcoin was designed as digital cash: a way to send value person-to-person without banks in the middle.

 

It introduced digital scarcity, making it like "gold" but for the internet.

 

Want to move money internationally? Bitcoin can do it for next to no cost and without all the red tape.

 

Is it digital gold? Bill says YES. It’s not just a store of value: it’s a better store of value than gold. Why?

 

Gold is clunky and stuck in the past (try paying for gas with a gold coin!).

 

Bitcoin is secure, scarce, and global.

 

Chris Temple: The Skeptic's View

 

Chris pushes back, saying Bitcoin is part of the "greater fool theory" (buy low, sell high, and hope someone else pays more).

 

He compares it to tulip mania and the dot-com bubble, arguing people are mainly in it for profit.

 

For him, Bitcoin isn’t the "currency of the people" like gold once was.

 

Crypto & Politics: What’s Changing?

 

Politicians are warming up to Bitcoin: Trump, the SEC, and even Jerome Powell (Fed Chair) are recognizing its legitimacy.

 

The crypto lobby has been flexing its muscles, and 85% of its endorsed candidates won in 2024 elections.

 

Bill sees this as America finally embracing blockchain technology, putting the U.S. back in the driver’s seat of innovation. 

 

💭 Catholic Perspective: Does Bitcoin Fit the Faith?

 

Bill ties Bitcoin to Catholic social teaching, quoting Pope Benedict XVI's Caritas in Veritate:

 

"Economic dysfunction always involves human costs."

 

Here’s his argument:

 

The current system (inflation, endless money printing) devalues human labor.

 

Bitcoin is honest money: a hedge against inflation and corruption.

 

Anyone, anywhere can use it. It’s about freedom and dignity, especially for the poor.

 

Chris, however, remains unconvinced, arguing Bitcoin is too elitist and inaccessible for the average person ("Joe Six-Pack and Sally Soccer Mom").

 

🗣️ Final Thoughts

 

Bill believes Bitcoin is the future: a global, inflation-proof solution. Chris remains skeptical, likening it to past financial bubbles.

 

The takeaway? 🤷‍♂️ Bitcoin is either the currency of freedom or just another shiny object in a broken system.

 

What do you think? 💭

 

🎙️ As always, Drew keeps the conversation engaging and thought-provoking, whether you’re #TeamBitcoin or not. 🚀

 

 

The best way to listen to the Best of the Week is on our #1 Free Catholic App. It’s free, and always will be! To get and share the Relevant Radio app, check it out here.

Drew Mariani dives headfirst into the Bitcoin conversation on The Drew Mariani Show with guests Bill Ulivieri (crypto enthusiast and investment advisor) and Chris Temple (editor of The National Investor).
&nbsp;
🏦 What&rsquo;s the Big Deal About Bitcoin ETFs?
&nbsp;
Asset managers behind Bitcoin ETFs have become the largest holders of Bitcoin.
&nbsp;
These funds (launched in January) are a&nbsp;milestone for institutional adoption and now hold 5% of all Bitcoin!
&nbsp;
Fun fact: They&rsquo;ve even surpassed Satoshi Nakamoto&rsquo;s rumored holdings.
&nbsp;
🤔 Bitcoin 101: Bill Ulivieri&rsquo;s Take
&nbsp;
Bill gives us the big picture:
&nbsp;
Bitcoin was designed as&nbsp;digital cash:&nbsp;a way to send value person-to-person without banks in the middle.
&nbsp;
It introduced&nbsp;digital scarcity, making it like "gold" but for the internet.
&nbsp;
Want to move money internationally? Bitcoin can do it for&nbsp;next to no cost and without all the red tape.
&nbsp;
Is it digital gold? Bill says YES. It&rsquo;s not just a store of value: it&rsquo;s&nbsp;a better store of value than gold. Why?
&nbsp;
Gold is clunky and stuck in the past (try paying for gas with a gold coin!).
&nbsp;
Bitcoin is secure, scarce, and global.
&nbsp;
Chris Temple: The Skeptic's View
&nbsp;
Chris pushes back, saying Bitcoin is part of the "greater fool theory" (buy low, sell high, and hope someone else pays more).
&nbsp;
He compares it to&nbsp;tulip mania and the dot-com bubble, arguing people are mainly in it for profit.
&nbsp;
For him, Bitcoin isn&rsquo;t the&nbsp;"currency of the people" like gold once was.
&nbsp;
Crypto &amp; Politics: What&rsquo;s Changing?
&nbsp;
Politicians are warming up to Bitcoin: Trump, the SEC, and even Jerome Powell (Fed Chair) are recognizing its legitimacy.
&nbsp;
The crypto lobby has been flexing its muscles, and 85% of its endorsed candidates won in 2024 elections.
&nbsp;
Bill sees this as America finally embracing blockchain technology, putting the U.S. back in the driver&rsquo;s seat of innovation.&nbsp;
&nbsp;
💭 Catholic Perspective: Does Bitcoin Fit the Faith?
&nbsp;
Bill ties Bitcoin to Catholic social teaching, quoting Pope Benedict XVI's Caritas in Veritate:
&nbsp;
<blockquote>
"Economic dysfunction always involves human costs."
&nbsp;
</blockquote>
Here&rsquo;s his argument:
&nbsp;
The&nbsp;current system (inflation, endless money printing) devalues human labor.
&nbsp;
Bitcoin is&nbsp;honest money: a hedge against inflation and corruption.
&nbsp;
Anyone, anywhere can use it. It&rsquo;s about freedom and dignity, especially for the poor.
&nbsp;
Chris, however, remains unconvinced, arguing Bitcoin is too elitist and inaccessible for the average person ("Joe Six-Pack and Sally Soccer Mom").
&nbsp;
🗣️ Final Thoughts
&nbsp;
Bill believes Bitcoin is the future: a global, inflation-proof solution. Chris remains skeptical, likening it to past financial bubbles.
&nbsp;
The takeaway? 🤷&zwj;♂️ Bitcoin is either the&nbsp;currency of freedom or just another shiny object in a broken system.
&nbsp;
What do you think? 💭
&nbsp;
🎙️ As always, Drew keeps the conversation&nbsp;engaging and thought-provoking, whether you&rsquo;re #TeamBitcoin or not. 🚀
&nbsp;
&nbsp;
The&nbsp;best way to listen to the Best of the Week is on our #1 Free Catholic App. It&rsquo;s free, and always will be! To get and share the Relevant Radio app, check it out <a href="https://relevantradio.com/listen/get-the-app/">here</a>.

Life can get busy, and it's easy to miss out on the captivating moments from your favorite Relevant Radio shows. But now, we've got you covered! "The Best of the Week - Relevant Radio Podcast" brings you the crème de la crème of Relevant Radio's programming. We carefully curate and compile the most engaging and relevant content from the past week, just for you! Get ready to catch up on faith, culture, current events, and personal growth, all in one convenient and easily accessible podcast. It's like having a front-row seat to the most compelling moments from Relevant Radio's diverse range of shows. So, whether you're an active Relevant Radio listener or new to our programming, "The Best of the Week - Relevant Radio Podcast" is your passport to a world of knowledge, growth, and inspiration.

Life can get busy, and it's easy to miss out on the captivating moments from your favorite Relevant Radio shows. But now, we've got you covered! "The Best of the Week - Relevant Radio Podcast" brings you the crème de la crème of Relevant Radio's programming. We carefully curate and compile the most engaging and relevant content from the past week, just for you! Get ready to catch up on faith, culture, current events, and personal growth, all in one convenient and easily accessible podcast. It's like having a front-row seat to the most compelling moments from Relevant Radio's diverse range of shows. So, whether you're an active Relevant Radio listener or new to our programming, "The Best of the Week - Relevant Radio Podcast" is your passport to a world of knowledge, growth, and inspiration.

Advertisement