Episode
#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
2:20:56
Published: Tue Jan 19 2021
Description
The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More | Brought to you by LinkedIn Sales Navigator, the best version of LinkedIn for sales professionals, FreshBooks small-business accounting software, and Magic Spoon delicious low-carb cereal. More on all three below. Technologist, serial entrepreneur, world-class investor, self-experimenter, and all-around wild and crazy guy Kevin Rose (@KevinRose) rejoins me for another episode of “The Random Show.” In this one we discuss Bitcoin, portfolio rebalancing, energy management versus time management, maximizing our enjoyment of nature, lucid dreaming, couples therapy, healthy Hawaiian venison, and much, much more.Please enjoy!This episode is brought to you by LinkedIn Sales Navigator! LinkedIn Sales Navigator is the best version of LinkedIn for sales professionals. Tap into the power of LinkedIn’s 700 million+ member network. LinkedIn Sales Navigator gives you 20 monthly InMail messages, Lead Recommendations, Unlimited Searches, Actionable Insights and News, and access to free courses on LinkedIn Learning. Target the right prospects and decision-makers, unlocking 15% more pipeline from sourced opportunities, a 17% lift when saving leads on Sales Navigator, and 42% larger deal sizes.Start your 60-day free trial—that’s a two-month free trial!—of LinkedIn Sales Navigator today by going to LinkedIn.com/Navigator *This episode is also brought to you by FreshBooks. I’ve been talking about FreshBooks—an all-in-one invoicing + payments + accounting solution—for years now. Many entrepreneurs, as well as the contractors and freelancers that I work with, use it all the time.FreshBooks makes it super easy to track things like expenses, project time, and client info and then merge it all into great-looking invoices. FreshBooks can save users up to 200 hours a year on accounting and bookkeeping tasks. Right now FreshBooks is offering my listeners a free 30-day trial, and no credit card is required. Go to FreshBooks.com/Tim and enter “Tim Ferriss” in the “How did you hear about us?” section!*This episode is also brought to you by Magic Spoon cereal! Magic Spoon is a brand-new cereal that is low carb, high protein, and zero sugar. It tastes just like your favorite sugary cereal. Each serving has 11g of protein, 3g of net carbs, 0g of sugar, and only 110 calories. It’s also gluten free, grain free, keto friendly, soy free, and GMO free. And it’s delicious! It comes in your favorite, traditional cereal flavors like Cocoa, Frosted, and Blueberry.Magic Spoon cereal has received a lot of attention since launching last year. Time magazine included it in their list of Best Inventions of 2019, and Forbes called it “the future of cereal.” My listeners—that’s you—get free shipping and a 100% happiness guarantee when you visit MagicSpoon.com/Tim and use code TIM.*If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews!For show notes and past guests, please visit tim.blog/podcast.Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim’s books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissFacebook: facebook.com/timferriss YouTube: youtube.com/timferrissDisclaimer: I am not an investment adviser. All opinions are mine (or Kevin's) alone. There are risks involved in placing any investment in securities or in Bitcoin. None of the information presented today is intended to form the basis for any offer or recommendation or have any regard to the investment objectives, financial situation, or needs of any specific person.Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Chapters
Tim Ferriss and Kevin Rose discuss investments, risks in securities, cryptocurrencies, and other information related to investing, all for informational entertainment purposes only.
00:00 - 01:02 (01:02)
Summary
Tim Ferriss and Kevin Rose discuss investments, risks in securities, cryptocurrencies, and other information related to investing, all for informational entertainment purposes only.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
The speaker discusses the new limited edition flavors of Magic Spoon cereal and encourages listeners to try them out.
01:02 - 05:36 (04:34)
Summary
The speaker discusses the new limited edition flavors of Magic Spoon cereal and encourages listeners to try them out. They then proceed to promote Freshbooks, a software that can help save time and automate various business tasks.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
The podcast discusses the reasons why some investors get involved in investing in cryptocurrencies like Bitcoin and the assumptions they make in doing so.
05:37 - 12:08 (06:31)
Summary
The podcast discusses the reasons why some investors get involved in investing in cryptocurrencies like Bitcoin and the assumptions they make in doing so. It also touches on the reality of Bitcoin investments, especially in terms of its gains and losses.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
A cryptocurrency fund manager discusses the allocation of funds to invest in cryptocurrency in the case of his firm and the general evolution of the fintech landscape.
12:08 - 16:33 (04:25)
Summary
A cryptocurrency fund manager discusses the allocation of funds to invest in cryptocurrency in the case of his firm and the general evolution of the fintech landscape.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
David Friedberg discusses his approach to investing in technology, emphasizing the need for careful analysis of cash flows, P/Es, and growth trajectory.
16:33 - 24:25 (07:52)
Summary
David Friedberg discusses his approach to investing in technology, emphasizing the need for careful analysis of cash flows, P/Es, and growth trajectory. He also touches on the impact of COVID-19 on the tech industry, the rise of new investment opportunities, and more.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
Stablecoins offer a level of stability in cryptocurrency transactions, as they are pegged to assets like the US dollar.
24:25 - 34:08 (09:43)
Summary
Stablecoins offer a level of stability in cryptocurrency transactions, as they are pegged to assets like the US dollar. This provides assurance that the intended amount will be received without fluctuation due to market changes.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
The hosts discuss making investments in risky assets such as Neos and Pelotons compared to traditional investments such as Bitcoin and Ethereum, emphasizing the importance of having a plan to sell assets when they appreciate in value.
34:08 - 39:16 (05:07)
Summary
The hosts discuss making investments in risky assets such as Neos and Pelotons compared to traditional investments such as Bitcoin and Ethereum, emphasizing the importance of having a plan to sell assets when they appreciate in value.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
In this podcast transcript, the speaker compares navigating through the ocean waves on a surfboard to tackling the challenges of life's ups and downs, suggesting taking a broader perspective and thinking ahead for regularly occurring practices in your future.
39:16 - 47:02 (07:46)
Summary
In this podcast transcript, the speaker compares navigating through the ocean waves on a surfboard to tackling the challenges of life's ups and downs, suggesting taking a broader perspective and thinking ahead for regularly occurring practices in your future.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
The speaker highlights the increasing importance of online commerce and the potential for companies to redomicile to improve their financial situation.
47:02 - 55:12 (08:09)
Summary
The speaker highlights the increasing importance of online commerce and the potential for companies to redomicile to improve their financial situation. Investing in non-music audio content creation and selectively adding to positions in leaders in the e-commerce space are also discussed.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
The speaker shares his love for financial dashboards and how it makes managing finances from different platforms and sources easy, including checking if returned items were refunded.
55:12 - 1:03:04 (07:51)
Summary
The speaker shares his love for financial dashboards and how it makes managing finances from different platforms and sources easy, including checking if returned items were refunded.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
The speaker reflects on how to best use his time on the planet and explains how he reviews his past year by going through his calendar week by week to identify what took the most energy and gave him the most energy, which includes the burden of reading books from hundreds of people who want him to review their books.
1:03:04 - 1:10:31 (07:27)
Summary
The speaker reflects on how to best use his time on the planet and explains how he reviews his past year by going through his calendar week by week to identify what took the most energy and gave him the most energy, which includes the burden of reading books from hundreds of people who want him to review their books.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
The speaker recommends an app called OnlyPult to post on Instagram without the app on your phone and shares his strategy to turn down book recommendations from people he knows.
1:10:31 - 1:17:31 (06:59)
Summary
The speaker recommends an app called OnlyPult to post on Instagram without the app on your phone and shares his strategy to turn down book recommendations from people he knows.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
The speaker shares some tips on how to identify trees and wildlife in the wild, including finding a specialist to guide you and using the Google app to search for images.
1:17:32 - 1:24:00 (06:28)
Summary
The speaker shares some tips on how to identify trees and wildlife in the wild, including finding a specialist to guide you and using the Google app to search for images. He also recommends learning how to identify different bird calls, as this skill can help you identify trees.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
Researchers have proposed that lucid dreaming, the ability to become aware that one is in a dream and control its content, can be facilitated by the use of pre-defined eye movements during Rapid Eye Movement (REM) sleep.
1:24:01 - 1:30:12 (06:11)
Summary
Researchers have proposed that lucid dreaming, the ability to become aware that one is in a dream and control its content, can be facilitated by the use of pre-defined eye movements during Rapid Eye Movement (REM) sleep. Studies have shown that eye movements in REM sleep are closely related to patterns seen during waking events, suggesting that this method could be used to test if one is dreaming or not during lucid dreams.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
The speaker shares how spending time outdoors can be a mood booster and help escape from chaotic situations at home.
1:30:12 - 1:34:36 (04:23)
Summary
The speaker shares how spending time outdoors can be a mood booster and help escape from chaotic situations at home.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
The speaker shares his insights on communication and support during difficult times in relationships, emphasizing the importance of having a neutral safe space to express feelings and avoid negative outcomes.
1:34:36 - 1:43:39 (09:03)
Summary
The speaker shares his insights on communication and support during difficult times in relationships, emphasizing the importance of having a neutral safe space to express feelings and avoid negative outcomes.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
The speaker emphasizes the importance of having patience, slowing down, and not projecting one's mind into the future.
1:43:40 - 1:47:44 (04:04)
Summary
The speaker emphasizes the importance of having patience, slowing down, and not projecting one's mind into the future. They also discuss the anxiety caused by various factors and suggest practicing mindfulness to become more aware of who is being nourished during alcohol consumption.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
The speaker talks about their experience at a Japanese bath house and highly recommends a Japanese-made hanoki oil, which they claim helps in sleeping.
1:47:44 - 1:51:12 (03:27)
Summary
The speaker talks about their experience at a Japanese bath house and highly recommends a Japanese-made hanoki oil, which they claim helps in sleeping.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
The AI is going to look at your feed and personalize your feed based on your interests and interactions.
1:51:12 - 1:59:31 (08:18)
Summary
The AI is going to look at your feed and personalize your feed based on your interests and interactions. However, it is important to monitor what you post to ensure that you are not being offensive or inappropriate.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
The podcast recommends two documentaries, "Dosed," which explores the use of psychedelic-assisted psychotherapy to treat opioid addiction, and "Crip Camp," a documentary about a summer camp for disabled teenagers and its lasting impact.
1:59:31 - 2:03:39 (04:08)
Summary
The podcast recommends two documentaries, "Dosed," which explores the use of psychedelic-assisted psychotherapy to treat opioid addiction, and "Crip Camp," a documentary about a summer camp for disabled teenagers and its lasting impact.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
Tim Ferriss, once anti-hunter, changed his stance while writing The Four Hour Chef and learning how to hunt and forage responsibly from hunters like Steven Ranella.
2:03:39 - 2:10:14 (06:35)
Summary
Tim Ferriss, once anti-hunter, changed his stance while writing The Four Hour Chef and learning how to hunt and forage responsibly from hunters like Steven Ranella. He mentions that he would consider hunting as a means of responsible consumption, as he respects individuals who utilize every part of the animal.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
A comparison between a keto-friendly cereal option, Magic Spoon, and an environmentally conscious brand, Maui Nui.
2:10:14 - 2:13:42 (03:28)
Summary
A comparison between a keto-friendly cereal option, Magic Spoon, and an environmentally conscious brand, Maui Nui. The speaker also acknowledges the high failure rate of most business deals and applauds Maui Nui’s philosophical approach.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
Freshbooks is an intuitive tool for small business owners with an award-winning Toronto based support team.
2:13:42 - 2:18:32 (04:49)
Summary
Freshbooks is an intuitive tool for small business owners with an award-winning Toronto based support team. Used by over 24 million people it can save you more than 11 hours a week by automating invoices, expense tracking, online payments, and more.
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
Magic Spoon Cereal offers a variety of unusual cereals with keto-friendly breakfast options like cocoa, frosted or blueberry.
2:18:32 - 2:20:53 (02:20)
Summary
Magic Spoon Cereal offers a variety of unusual cereals with keto-friendly breakfast options like cocoa, frosted or blueberry. The company also has limited edition flavours such as honey nut and peanut butter.