| 00:00 - 00:05 | Ok, so I understand normally your husband manages the finances |
| 00:05 - 00:10 | but after the financial crisis in America you took it upon yourself to buy |
| 00:10 - 00:13 | Bitcoin at $200 apiece, how did that go for you? |
| 00:13 - 00:17 | Well, I wanted to keep it but- |
| 00:17 - 00:19 | I made her sell all the bitcoin at $250 as soon as I found out |
| 00:19 - 00:21 | Excuse me, um |
| 00:21 - 00:26 | I told her to sell it at $250 because it was clearly overvalued |
| 00:27 - 00:28 | -Sorry |
| 00:28 - 00:33 | And I thought that the price would eventually come, come, down due |
| 00:33 - 00:37 | due to inflation of course |
| 00:40 - 00:42 | Excuse me |
| 00:42 - 00:45 | Excuse me, I'm sorry |
| 00:45 - 00:54 | So um, you sold all your bitcoin back in 2015 |
| 00:55 - 00:58 | I thought we could use the money for Chinese stocks |
| 00:58 - 01:03 | You realize that, of course... Excuse my disbelief |
| 01:03 - 01:09 | That that bitcoin was gaining ground then, and also the halving in 2016 |
| 01:09 - 01:12 | Was it really a problem to wait it out? |
| 01:12 - 01:16 | I knew the price would rise in 2016 as bitcoin became more scarce |
| 01:16 - 01:17 | Mm hmm |
| 01:17 - 01:21 | But I heard all the news articles that said bitcoin was dead |
| 01:21 - 01:24 | And, I made her sell all the bitcoin |
| 01:24 - 01:27 | so we could buy AAA rated mortgage securities instead- |
| 01:33 - 01:36 | (laughter continues) |
| 01:39 - 01:43 | I read the Motley Fool, they said it was a good idea |
| 01:44 - 01:46 | Everyone knows AAA rating is safest |
| 01:46 - 01:48 | Honey, please |
| 01:48 - 01:51 | I just thought bitcoin was only a fad |
| 01:51 - 01:56 | Okay, excuse me, how unfortunate for you |
| 01:57 - 02:02 | Now my producer tells me you sold your bitcoin |
| 02:02 - 02:05 | To this man in the back row, here |
| 02:05 - 02:06 | Yeah |
| 02:06 - 02:08 | And he can tell us what happened next in the market |
| 02:08 - 02:12 | I still have them at $5000 apiece after buying from him at $250 |
| 02:11 - 02:17 | As the block reward halved and bitcoin became more scarce in 2016 |
| 02:17 - 02:20 | The technology matured into an unstoppable powerhouse |
| 02:20 - 02:24 | But everyone said bank owned blockchains would be better |
| 02:24 - 02:27 | This guy should've listened to his wife |
| 02:28 - 02:29 | I know, but, they said it was dead |
| 02:29 - 02:33 | As he can see bitcoin is not dead, it's here to stay |
| 02:33 - 02:37 | and I'll be donating 3 bitcoin to his wife's benefit to see that she pulls through |
| 02:37 - 02:39 | Can we go to commercial break? |
| 02:39 - 02:45 | In the following months, Dimitri decided to let his wife handle the finances |
| 02:45 - 02:49 | While he deeply regrets not buying more bitcoin back in 2015 |
| 02:49 - 02:52 | He's ready for the next block reward halving this time in 2020 |
| 02:52 - 02:58 | This has been a presentation of BTC news |
