Coffee With Scott Adams — Knowledge Archive July 2, 2026
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Episodes Episode #2157 Segments
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Back to episode — Episode 2157 Scott Adams - Talking About The News. Grab Some Coffee And A Pet

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people that are up on the stage are like five seconds ahead of the people that are just listening. Oh hmm okay. You know if you're bringing people up one at a time like you are that you're going to get that. My question to you is you said something that rang very true with me. A 2020 election was non-transparent by force and you know therefore it was illegitimate. I was wondering if you might expa…

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aid oh he got a good reaction to that all right I guess I got to do that too. So I think you're seeing there's going to be a lot of people joining the best opinions. Some of those best opinions were going to come from Vivek Ramaswamy and people will probably have to just adopt them. So I think yeah it's a different landscape. I don't think just a super persuasive person coming could come in and tear things up now. RFK Jr. is super persuasive. Vivek is super persuasive. Trump is super persuasive. And I do think that they're going to move the conversation the most and already have. Already have. Thanks for the question.

All right let's take another one. All right Ronan. Listen you have a good name so I'll add you. Ronan this is you. Connect. Unmute your microphone and you can ask me a question. Hello Ronan. Hi Scott. Full ask me anything. Can I ask for your personal take on Bitcoin and do you hold any Bitcoin?

Personal take on Bitcoin. First of all yes I hold Bitcoin. I believe Bitcoin is a hundred percent unpredictable meaning that you don't know what the government's going to do and you probably never will. So you got that government risk that hangs over it. However having said that I've recommended before that if you have something like a portfolio then maybe if you want five percent of it to be in Bitcoin that makes sense. So I would use Bitcoin as a diversification tool not as a singular investment tool. That said there will be people who do exactly the opposite of my advice and make huge fortunes. There will be others who do the opposite of my advice and lose huge fortunes probably depending on their timing.

So Bitcoin is a diversification play for somebody with a normal portfolio. If you're young, if you're 25, you've saved up five thousand dollars and you just want to throw a bet down maybe you might get a 50 gain one year and be happy you did. So if you're young and you can absorb a small loss get a little more aggressive. I'm giving you basically the most common investment advice there is right.

So quick. Yeah I used to be with a gentleman strategy. Are you familiar with him? I'm familiar with him yes. Talks one particular talk called the Sailor Breedlove series. It's very long-winded. It's probably a 20-part series each part's two hours so it's not an easy watch but it's absolutely fantastic. But doesn't it come down to this? So Bitcoin would do great except for two risks. One is the government risk which cannot be predicted and the other is a technology risk which is either somebody can crack it or somebody can come up with a better Bitcoin then everybody says oh why would I use Bitcoin when this

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is so much better. So I think those two things make Bitcoin not normal investment. I'm probably not eloquent enough to delve in and give the correct answer but those two questions there are definitely very good answers as to why there are reasons that these they're not as much of a fundamental risk. Well okay without hearing the argument it's hard to debate it but I'll just say this. I'm not goin…

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