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Brian Armstrong: Bitcoin, Banks & The New Rules Of Money | Nikhil Kamath | People by WTF

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Brian Armstrong: Bitcoin, Banks & The New Rules Of Money | Nikhil Kamath | People by WTF



I’ve said it before — I’m a crypto critic. I’ve never bought a Bitcoin, never held a stable coin, never traded a perp. So I sat down with Brian Armstrong, the CEO of Coinbase — the company that stores more crypto than anyone else on the planet — and asked him to explain the whole thing from scratch, like I was an idiot. What followed was the most patient walkthrough of this industry I’ve ever been given: what a blockchain actually is, why proof of stake replaced proof of work, how stable coin issuers make money, and why he believes fractional reserve banking — the foundation of every bank you’ve ever used — shouldn’t be the foundation of anything. I pushed him on where the yield really comes from, why an intermediary deserves my treasury returns, and whether crypto has quietly become the opposite of everything Satoshi wrote in that white paper. I’m still not buying a Bitcoin. But for the first time, I understand why so many people do.

Timestamps:

00:00 Introduction
05:12 Income inequality and making everyone a capitalist
11:15 Inequality’s magnitude and AI’s concentration problem
17:54 Why AI agents will pay in stablecoins
24:28 The risk and yield economics of stablecoins
31:21 Remittances, a digital rupee and tokenized gold
38:09 Bitcoin and blockchain from first principles
45:25 Mining economics and the Michael Saylor playbook
51:09 How proof of stake secures a network
56:52 Smart contracts and DeFi lending explained
1:01:42 Creating entrepreneurs and India’s fear of failure
1:08:16 India’s crypto adoption and the leverage wipeout
1:15:56 Banks, stablecoins and the fractional reserve debate
1:22:13 The everything exchange and money as energy
1:27:50 The AI bubble question and open source models
1:34:43 Going to Washington and suing the SEC
1:40:01 The rise of perpetual futures trading
1:45:32 Bitcoin’s psychology and fair market data
1:51:35 Base and building the new financial system
1:57:25 Whether Brian would run for president
2:02:14 Sleep, health and advice for obsessive traders
2:08:50 Bitcoin versus gold and remittance opportunities
2:13:34 Agentic commerce, moats and capital formation

#nikhilkamath-Co-founder of Zerodha and Gruhas
Host of ‘WTF is’ & ‘People By WTF’ Podcast
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The Peugeot Family: How 200 Years of an “Old Money” Dynasty Died in A Boardroom

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The Peugeot Family: How 200 Years of an "Old Money" Dynasty Died in A Boardroom



In 1819, in a workshop turned by the current of the Gland River in eastern France, a man named Fritz Peugeot worked out how to make a better saw by hardening the steel cold before pressing it flat, and the family that pressed that steel became, over the next two centuries, the most disciplined industrial dynasty in France, until two feuding cousins quietly handed the whole thing away.

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The Peugeots were Lutheran ironmasters from a small Protestant enclave called Montbéliard, an imperial territory tied by inheritance to the German Duchy of Württemberg, where the duke turned Lutheran in the sixteenth century and his subjects turned with him.

The name turns up in the parish registers of a village called Vandoncourt as far back as the fifteenth century, where for generations the Peugeots served as labourers and village mayors, an office the family held almost without a break until the Second World War.

In 1805, two of Jean-Pierre Peugeot’s sons rebuilt the family grain mill at Sous-Cratet on the Gland River to work steel instead of grain, and in 1810 they incorporated the firm as Peugeot Frères Aînés and brought in a son-in-law from the Japy clan to seal the partnership with capital and blood at once.

In 1819, Fritz Peugeot locked down his cold-rolling method and won the national industrial society’s gold medal, and Peugeot saws swept across Europe and beyond.

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With saw money behind them, Jules and Émile Peugeot bought out the other partners in 1851 and pushed the firm into flexible steel bones for crinoline hoop skirts, umbrella ribs, sheep clippers, files, rasps, shovels, pickaxes, and coffee grinders, one factory turning out a hundred and fifty thousand of them a year by 1850.

The lion arrived in 1847, when Jules and Émile hired a Montbéliard engraver to give their goods a mark that would say three things: teeth hard as a lion’s jaw, a spine that bent without breaking, a stride quick as a cutting blade.

Decades before French law required any of it, the family gave its workers a ten-hour day, a mutual-aid fund for sickness begun in 1853, subsidized housing, vocational training, pensions for widows dating back to 1811, and a hospital at Valentigney where a worker’s whole family was treated free.

In 1889, Armand Peugeot, the engineer grandson, showed a steam tricycle at the Paris World’s Fair, got his hands on one of Gottlieb Daimler’s gasoline engines the same year, and left the family firm in 1896 to build his own automobile company at Audincourt, later called the first factory in the world built by and for the car.

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Armand built France’s biggest carmaker, ten thousand vehicles a year by 1913, and died in 1915 without a son, and the company he had risked everything to create passed to the sons of Eugène, the very cousin who had refused to build it.

In 1912 the family chose a flat plain at Sochaux for a new factory laid out the way Henry Ford’s American plants were laid out, and it grew into the largest employer in all of eastern France.

The 201, launched in 1929, was the first Peugeot built for the mass market, and it gave the brand its signature three-digit name with a zero in the middle that every Peugeot since has carried, a small permanent scar from a trademark dispute nobody remembers.

In 1976 the family absorbed Citroën from Michelin with a government subsidy, forming the holding company PSA, and two years later bought Chrysler’s tangled European operations for a symbolic one dollar and rebranded the cars as Talbot.

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The patriarch Pierre Peugeot died of a secret cancer in December of 2002 without a written succession plan, opening a decade-long cold war between cousins Thierry and Robert that the French press turned into a soap opera.

In 2012 the family absorbed the worst loss in the company’s history, closed the Aulnay plant with eight thousand jobs, and quietly offered General Motors outright control of the firm, only to be politely turned down.

The July 2014 letter that expelled the sitting family chairman ended two hundred years of Peugeot family control, and today the family holds a seven and seven-tenths percent stake in Stellantis and a boardroom seat, a real position worth billions but a minority holding in a giant they no longer run.

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Builder just did a $77,000 price increase (while others are LOSING MONEY)

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Builder just did a $77,000 price increase (while others are LOSING MONEY)



Builders are increasing prices on houses. Check the forecast for your ZIP: https://www.reventure.app

Even though in the same neighborhood people builders sold to previously are losing money.

This is happening south of Nashville, in an area with skyrocketing inventory.

The builder has had the house on the market for over a year, and just did a 17% price increase.

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How does this make any sense? With values already dropping in the area?

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Evernorth CEO Reveals Massive XRP Utility Shift

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Evernorth CEO Reveals Massive XRP Utility Shift



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XRP’s story may be shifting from passive hoarding to real financial activity.

Evernorth CEO Asheesh Birla says crypto treasury firms cannot just hold assets and wait for price appreciation. This video breaks down why XRP could benefit if treasury companies start using reserves through tokenized finance, lending markets, liquidity systems, DeFi strategies, real-world assets, and broader institutional financial infrastructure.

We look at the old treasury model, the risks of billion-dollar narratives built on speculation, and why the XRP Ledger’s reported $2 billion in tokenized assets matters. From public market exposure and capital allocation to tokenized Treasury funds and settlement rails, this is about whether XRP’s future is driven by accumulation or utility. Subscribe for more in-depth crypto breakdowns. #XRP #Ripple #CryptoNews

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00:00 Evernorth CEO Reveals XRP Utility Shift
01:32 The Old Crypto Treasury Model
03:30 XRP Treasury Real Financial Activity
03:52 The Problem With Price-Only Crypto
05:58 XRP Ledger Tokenization Hits $2B
07:01 Tokenized Treasury Fund Redemption
08:37 The Next XRP Catalyst
09:39 Capital Allocation and XRP Utility
10:31 Crypto Risk and Research Reminder
11:11 XRP Productive Deployment
12:07 Real-World Assets and Blockchain
13:09 XRP’s Future Catalyst Question
13:32 XRP Price vs Utility
14:21 XRP Ledger Institutional Experiments
15:48 XRP Proof Inside Finance

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BREAKING: Trump furious as Judge orders him to hand over financial records in his $10 BILLION suit

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BREAKING: Trump furious as Judge orders him to hand over financial records in his $10 BILLION suit



BREAKING: Trump furious as Judge orders him to hand over financial records in his $10 BILLION lawsuit against the BBC!

A federal judge just dropped a major reality check on Donald Trump’s revenge lawsuit against the mighty British Broadcasting Network.

U.S. Magistrate Judge Enjoliqué Lett ruled Tuesday that Trump must turn over detailed financial records from the Donald J. Trump Revocable Trust as part of his $10 billion defamation suit against the BBC.

The suit stems from a BBC Panorama documentary that Trump claims maliciously edited his Jan. 6 speech to make it look like he encouraged the Capitol riot. Trump’s lawyers called it a “fishing expedition,” but the BBC argued that Trump’s financial documents are essential to determine whether he actually suffered the huge losses he’s claiming from the network’s program.

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“All of President Trump’s brand, properties, and businesses are impugned or said to have been impugned. Reputational, economic damages – all of that is now at issue in this case,” Judge Lett said, making it clear that in his eyes, the records matter.

Unless Trump manages to block it on appeal, the ruling opens the door for the BBC to dig into finances tied to more than 400 companies owned by the Trump family trust.

Trump’s lawyers tried to block the disclosures, arguing the case had “evolved” to focus only on reputational damage. The BBC’s lawyer, Chuck Tobin, shot back that the two are inseparable because Trump has always portrayed himself as a master dealmaker.

Let’s recall that Trump who spent years during his first term dodging release his tax returns, breaking decades of precedent and fighting to keep his finances hidden.

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Now, in a lawsuit where Trump is seeking one of the largest defamation awards ever pursued against a news organization, a judge has determined that financial records may be relevant evidence.

Now, in a lawsuit where he’s demanding one of the largest defamation awards in history, a judge is telling him: if you want to keep suing, you’re going to have to open the books.

Trump loves flexing his muscles against the media, but now that someone wants a look at his own money, he screams foul. Sorry, Donnie, lawsuits have consequences.

Karma!

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XRP FOMO IS LOADING! – PRICE OF XRP VS XLM & HBAR – MARKETCAP MULTIPLIER = HIDDEN CATALYST!

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XRP FOMO IS LOADING! - PRICE OF XRP VS XLM & HBAR - MARKETCAP MULTIPLIER = HIDDEN CATALYST!



XRP FOMO IS LOADING! – PRICE OF XRP VS XLM & HBAR – MARKETCAP MULTIPLIER = HIDDEN CATALYST!

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Hey, I am Rich from Common Sense Crypto, bring you crypto news & information regarding the cryptocurrency market. The content on my channel will focus on news, common sense, insights and overall guides regarding XRP, Bitcoin, Ethereum, HBAR, & various altcoins.

DISCLAIMER: I am not a financial adviser, & all information given in my videos or on my social media platforms is for entertainment purposes only and is not financial advice.

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NEW Solo GTA 5 Online Money Glitch 2026! Frozen Money Glitch Method After Patch

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NEW Solo GTA 5 Online Money Glitch 2026! Frozen Money Glitch Method After Patch



NEW Solo GTA 5 Online Money Glitch 2026! Frozen Money Glitch Method After Patch

In today’s video, I’m going over the updated solo GTA 5 Online money glitch 2026 and the frozen money method after the latest patch. If you’re trying to stack money in GTA Online without relying on other players, this guide breaks down the steps, what to watch out for, and how to avoid common mistakes.

This method is for **PS5, PS4, Xbox, and PC players**, but results may depend on your platform, timing, and the latest Rockstar updates. Make sure you follow the video carefully because small steps can make a big difference after patches.

In this video:
✅ GTA 5 Online money glitch 2026
✅ Solo frozen money method
✅ After patch money glitch update
✅ PS5 / PS4 / Xbox / PC method
✅ Common mistakes to avoid
✅ GTA Online money tips

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Drop a comment below if it worked for you and what platform you’re playing on. Like the video, subscribe for more GTA 5 Online updates, and turn on notifications so you don’t miss the next method.

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XRP JUST IN! RUSSIA TAKING DOWN THE USA?!! ONLY 14 DAYS TO FIGHT BACK!

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XRP JUST IN! RUSSIA TAKING DOWN THE USA?!! ONLY 14 DAYS TO FIGHT BACK!



XRP JUST IN! RUSSIA TAKING DOWN THE USA?!! ONLY 14 DAYS TO FIGHT BACK!
#xrp #bitcoin #cryptonews #news #investing #money

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This video is for informational and entertainment purposes only. It does not constitute financial, investment, or trading advice.
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You should always do your own research and consult with a licensed professional before making any financial decisions.
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#Trump #Finance #Money #StockMarket #US #Trending #Viral

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#Trump #Finance #Money #StockMarket #US #Trending #Viral



అమెరికాలో పుట్టే పిల్లల కోసం ట్రంప్ అకౌంట్స్ అనే కొత్త పథకం వచ్చింది. దీని ద్వారా ప్రతి బిడ్డకు ప్రభుత్వం 1000 డాలర్లు ఇస్తుంది. స్టాక్ మార్కెట్లో ఇన్వెస్ట్ చేయడం ద్వారా 18 ఏళ్ళకు ఆ మొత్తం 2 లక్షల డాలర్లు అవుతుంది.

#Trump #Finance #Money #StockMarket #US #Trending #Viral

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Why The U.S. Economy Has Not Collapsed Yet

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Why The U.S. Economy Has Not Collapsed Yet



The Shadow Banking Crisis Has Started
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You should not treat any opinion expressed on this Youtube channel as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Opinions expressed are based upon information considered reliable, but this Youtube channel does not warrant its completeness or accuracy, and it should not be relied upon as such. This Youtube channel is not under any obligation to update or correct any information provided in these videos. Statements and opinions are subject to change without notice. No compensation is received by this Youtube channel for the opinions expressed.

Past performance is not indicative of future results. This Youtube channel does not guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on this Youtube channel. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned on this Youtube channel may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on this Youtube channel. Before acting on information on this Youtube channel, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

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MONEY HEIST vs POLICE in REAL LIFE ESCAPE from Police | ACTION FULL STORY POV |2026 POV Movie

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MONEY HEIST vs POLICE in REAL LIFE ESCAPE from Police | ACTION FULL STORY POV |2026 POV Movie



MONEY HEIST vs POLICE in REAL LIFE ESCAPE from Police | ACTION FULL STORY POV |2026 POV Movie

-The million-dollar mission is a Spanish heist-themed crime drama series created by Álex Pina. The series revolves around two robberies, one at the Royal Spanish Mint and the other at the Bank of Spain, long planned and led by the Professor!

-The video is adapted to Pov perspective to help you feel more realistic about this million dollar robbery.

-If you find this video good, don’t forget to Like & Subscribe to watch more BubblesGangz’s next videos ♥♥

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