89 episodes

Take a profound and distant journey. Call it Deep Travel, Immersive Travel, Slow Travel, or Vagabonding. Francis Tapon guides you to the intersection of travel, technology, and transformation. The podcast will compel you to go beyond your comfort zone.

WanderLearn: Travel to Transform Your Mind & Life Francis Tapon

    • Places & Travel
    • 3.9, 17 Ratings

Take a profound and distant journey. Call it Deep Travel, Immersive Travel, Slow Travel, or Vagabonding. Francis Tapon guides you to the intersection of travel, technology, and transformation. The podcast will compel you to go beyond your comfort zone.

    Zen Pilot Is Flying From Pole to Pole

    Zen Pilot Is Flying From Pole to Pole

    Flying to the South Pole and then to the North Pole in a small plane is extremely dangerous. 
    Robert DeLaurentis, who is known as the Zen Pilot, is on the brink of pulling this off.
    I caught up with him when he was grounded in Spain during the Coronapocolypse. 
    By the time this airs, he should be in Sweden. 
    He plans to fly over 3 key places around the North Pole in July 2020.
    Track his journey on his website.  
    Questions I asked the Zen Pilot
    1. How did you first get into flying?
    2. What advice would you get give to someone who wants to become an aviator? Join the military? Take classes? How expensive?
    3. Does being a pilot pay little or lot? Or more?
    4. You prepared to fly around the world in 95 days. But what surprised you?
    5. What's your book, "Flying Thru Life" about?
    6. You're flying from pole to pole during the COVID-19. What are some of the unexpected challenges that you faced?
    7. When do you expect to finish?
    8. How's flying the Drake Passage?
    9. When do you expect to finish?
    10. What's next?
    I mentioned 13 Minutes to the Moon by the BBC.
    Watch this 4 mins video about the Zen Pilot
    https://www.youtube.com/watch?v=9qox9jVJwew
    More info

    You can post comments, ask questions, and sign up for my newsletter at http://wanderlearn.com.
    If you like this podcast, subscribe and share! 
    On social media, my username is always ftapon. Follow me on:
    http://facebook.com/ftapon
    http://twitter.com/ftapon
    http://youtube.com/user/ftapon
    http://pinterest.com/ftapon
    http://tumblr.com/ftapon
    My Patrons sponsored this show!
    Claim your monthly reward by becoming a patron at http://Patreon.com/FTapon
    Rewards start at just $2/month!
    If you prefer to do a one-time contribution, you can send it to my PayPal at FT@FrancisTapon.com
    If you prefer giving me Bitcoin, then please send BTC to my tip jar: 3EiSBC2bv2bYtYEXAKTkgqZohjF27DGjnV

    • 59 min
    BTC Halving: Why is Bitcoin Worth Anything?

    BTC Halving: Why is Bitcoin Worth Anything?

    Every four years, there's a US election, the World Cup, and the Olympics. They don't all happen in the same year, but they each have a 4-year cycle.
    In a few minutes, there's another event that happens once every for years that few talk about: the bitcoin halving.
    To celebrate, I'll give a simplified explanation of what the halving is and why it's significant.
    Afterward, I will turn to a more fundamental question: why is bitcoin (BTC) worth more than a dollar and why do I keep talking about it given that I'm mostly known for my travels?
    What is the Bitcoin Halving?
    Every 10 minutes, a fast bitcoin miner somewhere on the planet gets rewarded for his efficiency. When the bitcoin network was first created in 2009, that reward was 50 bitcoins. Every 4 years, that reward gets cut in half.
    On May 12, 2020, bitcoin will undergo its third halving. The reward will drop from 12.5 bitcoins to 6.25 bitcoins. 
    In 2024, the reward will be 3.125 bitcoins.
    This halving will continue to occur every four years until 2140 when it will stop. At that point, we'll have 21 million bitcoins.
    The Coindesk chart below sums it up.

    Why is the Bitcoin Halving significant?
    You're probably familiar with the US Federal Reserve injecting more liquidity into the economy. Some refer to it as "printing money boost the economy."
    When the Fed does that, it devalues the dollar. When it does that for a long period of time, it adds up. That's why $1 during George Washington's time would be worth 1 cent today.
    Bitcoin does the opposite. Instead of printing more bitcoin every year, we print less bitcoin every four years. 
    Therefore, the dollar softens over time, whereas bitcoin hardens. 
    Assuming bitcoin's demand grows slowly, the price will still rise because the supply is growing quite slowly nowadays. 
    The graph below shows how bitcoin's inflation rate will drop from about 3% in 2020 to below 1% in 2024. And it keeps declining until it has 0% inflation in 2140.

    No other asset in history has had 0% inflation. Gold has low inflation, which has helped it retain its purchasing power. Still, we're constantly digging more gold out of the ground. Gold mining inflates the supply by 1-3% per year. As gold's price rises, miners have more incentive to dig for more. 
    Bitcoin doesn't work that way. By 2140, there will be no more bitcoin to mine. Even by 2036, bitcoin's inflation rate will be 0.1%. In comparison, gold will be at least 10 times more inflationary than bitcoin in 2036.  
    Shouldn't bitcoin be worthless? 
    Skeptics who are dumbfounded as to why bitcoin is worth more than a penny. They believe that bitcoin is "fake internet money and one big Ponzi scheme." 
    Those who declare that bitcoin is a Ponzi scheme don't understand what a Ponzi scheme is and/or don't understand bitcoin. Others incorrectly call it a pyramid scheme. 
    You can certainly accuse bitcoin of being an economic bubble (like the Tulip mania), but it's not a classic Ponzi scheme.
    It's also not a pyramid scheme any more than a company stock is a pyramid scheme. 
    When an asset bubble pops, the asset's value rarely drops to zero. Even tulips still have value. So why does bitcoin have any value?
    There are many long articles and videos explaining why bitcoin has real value. Here's a quick explanation.
    Bitcoin has 14 of the 15 key properties of money. Bitcoin is:
    Scarce: only 21 million bitcoins will be mined (and 90% have already been mined). 
    Durable: it's as durable as the Internet itself.
    Portable: you can carry millions of bitcoins in your head by just memorizing 24 words.
    Divisible: one bitcoin equals 100 million satoshis. One satoshi is currently worth $0.00007084
    Easy to recognize: yes.
    Easy to store: yes, it can be stored on almost any digital device as well as written on paper or memorized.
    Fungible: yes, bitcoins are mutually interchangeable, just like any currency.
    Hard to

    • 26 min
    80,000 COVID vs. 80,000 Flu Deaths

    80,000 COVID vs. 80,000 Flu Deaths

    As of today (May 11, 2020), 80,000 Americans have died from COVID-19.
    In 2018, 80,000 Americans died of the flu. It was a bad flu year.
    You can watch this on YouTube too.
    It's fascinating how we look at death.
    The Infection Fatality Rate of COVID-19 is about 10 times worse than influenza. 
    Therefore, if we didn't shelter in place, perhaps we would have lost 10x more Americans than the 2018 flu season, which would mean about 1 million deaths.
    I've been called callous. But imagine if:
    We treated airline flights like rocket launches - and took 7 hours to go through all the safety checks.
    We set a 10 MPH speed limit nationwide.
    We mandated a nonstop shelter in place to stop the 5 million deaths from communicable diseases. 
    Such draconian measures would save thousands of lives. But would you be in favor of them?
    Not all lives are equal
    If a US soldier is KIA, his family gets $100,000
    When the US military accidentally killed an Afghan boy, they gave his father $1,000 as compensation.
    It easy to make deaths look meaningful and meaningless
    Cite 9/11 and you'll get people emotional quite quickly. 
    Cite a big number to put things in perspective. For example, 5 million people die from communicable diseases every year:
    Lower respiratory infections: 3 million
    Diarrhoeal infections 1.5 million
    Tuberculosis: 1 million
    That's 4.5 Sept 11th happening every day of every year.
    It's not either open the economy or close the economy
    There's the Swedish way, which allows some opening:
    Schools are open since kids are at low risk.
    People are encouraged to shelter in place.
    The old are asked to stay home.
    More info

    You can post comments, ask questions, and sign up for my newsletter at http://wanderlearn.com.
    If you like this podcast, subscribe and share! 
    On social media, my username is always ftapon. Follow me on:
    http://facebook.com/ftapon
    http://twitter.com/ftapon
    http://youtube.com/user/ftapon
    http://pinterest.com/ftapon
    http://tumblr.com/ftapon
    My Patrons sponsored this show!
    Claim your monthly reward by becoming a patron at http://Patreon.com/FTapon
    Rewards start at just $2/month!
    If you prefer to do a one-time contribution, you can send it to my PayPal at FT@FrancisTapon.com
    If you prefer giving me Bitcoin, then please send BTC to my tip jar: 3EiSBC2bv2bYtYEXAKTkgqZohjF27DGjnV

    • 14 min
    8 Flaws in Bitcoin's Stock-to-Flow Model Will Doom It

    8 Flaws in Bitcoin's Stock-to-Flow Model Will Doom It

    Read the article or watch the video about this podcast. It's helpful to see the graphs. 
    I copied the article and graphs below, but use this link if the images don't pop up in your podcast player.
    https://www.youtube.com/watch?v=3k4CTL6fowA
    8 Flaws in Bitcoin's Stock-to-Flow Model Will Doom It
    I love Bitcoin. Nothing would make me happier than to see one of Plan B's optimistic stock-to-flow (S2F/STF) models become an accurate predictor of Bitcoin's price.
    Up until now, there has been a non-spurious relationship between stock-to-flow and bitcoin's price. That's one reason it's such a compelling narrative.
    I hope I'm wrong, but, inevitably, BTC's stock-to-flow models will diverge dramatically from their predicted trendline. This article doesn't distinguish between the original S2F model and the latest S2FX model since they share a similar concept.
    FYI: I am writing this while the world is counting down the hours to bitcoin's third halving, which will occur on May 12, 2020. BTC costs nearly $9,000.
    What is the hypothesis of bitcoin's stock-to-flow model?
    Bitcoin, like gold, has a relatively large existing stock compared to the annual flow of new bitcoin mined.
    Gold, unlike most metals, sees its total stock increase relatively slowly compared to its existing stockpile. There are about 200,000 tons of gold (the stock) and we mine about 3,000 tons of new gold annually. In other words, gold's flow adds about 1-2.5% to its annual stock. 
    That results in a stock-to-flow ratio of roughly 65. That means that if halted gold mining today, it would take us to 65 years to consume the existing stock. I've seen lower and higher S2F estimates, so let's assume that 65 is close enough.
    Gold's stock to flow is much higher than any other metal, which partly explains why it's so valuable.
    Bitcoin is similar to gold in that it also has a high stock-to-flow ratio. The amount of newly mined bitcoins is tiny when compared to the existing stock of bitcoins.
    Therefore, the hypothesis is: as bitcoin's stock-to-flow rises, so will its price. 
    So far, that's exactly what has happened up until the 2020 Halving. Will the pattern continue?

    The stock-to-flow tale is such a compelling and powerful narrative that it's become a viral hit among bitcoin fans.
    I certainly bought into it enthusiastically. 
    Stock-to-flow models bitcoin's price predictions
    The original stock-to-flow model predicted that BTC will reach $55,000 in 2020. That means BTC needs to jump 7 times in value in the next 7 months.
    On April 27, 2020, Plan B presented his BTC S2F Cross Asset (S2FX) Model. The S2FX predicts that by 2024, BTC with be worth an eye-popping $288,000.
    This sounds too good to be true.
    This article explains why both stock-to-flow models will soon fail. 
    Since most people who are reading this don't know me, here are a few facts about me in case you're wondering, "Who the hell is this a*****e?":
    I'm not a newbie. I first bought BTC when it was $250. (My brother bought 10 BTC when it was $1 each - and then got hacked and lost it all).
    I accurately predicted BTC's 80% price drop in 2018. 
    I nailed my 2019 prediction within $33. 
    I'm a Harvard MBA, so I like to analyze numbers. 
    8 problems with Plan B's stock-to-flow bitcoin models
    For those who don't like to read, you can watch the video:
     
    The list goes from the least important problem to the most important problem. 
    Problem #8: Not everyone agrees on what is gold's stock-to-flow ratio
    Although most quants agree that gold's stock-to-flow ratio is in the 60s, a few believe it's much higher. For example, Philip Barton, a gold analyst, argues that gold's stock to flow is between 400 and 800!

    Admittedly, Barton is an outlier. The consensus is that gold's stock-to-flow ranges between 50 and 70. Still, it's worth noting that some believe there is far more stock out there than we realize. How could gol

    • 22 min
    Gold Expert On Bitcoin, Stock-To-Flow, Asteroids, Depression

    Gold Expert On Bitcoin, Stock-To-Flow, Asteroids, Depression

    When I travel, I love to observe common ground in a sea of diversity.
    The planet has over 100 currencies, but there's one thing that everyone agrees is money: gold.
    So far, COVID-19 has killed 200,000, which has added to the 5 million deaths that we suffer from communicable diseases every year.
    COVID-19 has also killed the global economy.
    The travel industry has shut down.
    The stock market is in tatters.
    The prices of panic assets (gold and bitcoin) have soared.
    Few are talking about a recession.
    We're on the edge of a depression.
    Therefore, we're taking a breaking from talking about travel and focusing on universal money: gold.
    I talk with a renowned gold researcher, Jan Nieuwenhuijs.
    We discuss:
    Whether gold's stock-to-flow ratio helps determine gold's price.
    What he thinks of bitcoin using the stock-to-flow to predict bitcoin's price.
    Why he bought bitcoin for $25 and why he sold it in 2017.
    What he thinks of asteroid mining.
    How do buy and store gold safely and effectively.
    Learn more about Jan at Voima Gold and Twitter @jangold_
    Jan wrote several fascinating articles:
    Gold: Supply and Demand Dynamics.
    Why you should not buy the GLD Gold ETF to get exposure to gold.
    What's an SDR and its future?
    The coming gold standard.
     More info

    You can post comments, ask questions, and sign up for my newsletter at http://wanderlearn.com.
    If you like this podcast, subscribe and share! 
    On social media, my username is always ftapon. Follow me on:
    http://facebook.com/ftapon
    http://twitter.com/ftapon
    http://youtube.com/user/ftapon
    http://pinterest.com/ftapon
    http://tumblr.com/ftapon
    My Patrons sponsored this show!
    Claim your monthly reward by becoming a patron at http://Patreon.com/FTapon
    Rewards start at just $2/month!
    If you prefer to do a one-time contribution, you can send it to my PayPal at FT@FrancisTapon.com
    If you prefer giving me Bitcoin, then please send BTC to my tip jar: 3EiSBC2bv2bYtYEXAKTkgqZohjF27DGjnV

     

    • 1 hr 13 min
    Bitcoin vs. Other Crypto Currencies

    Bitcoin vs. Other Crypto Currencies

    Last week, I got this email from Robert Hahn, whom I interviewed a couple of months ago on this podcast. He wrote:

    Hey Francis! I listened to your most recent podcast with Rejoice. Afterwards I looked into investment in crypto a bit. I was wondering what your thoughts are on platforms for buying and storing the virtual currency. I was also interested in Nano (for its more environmentally conscious approach) and Monero (better privacy, but that may be a fault because it makes it a favorite for dark money). I'd be curious to hear why you chose Bitcoin...the assumption that widespread adoption will win the race?

    For the best platform for buying cryptocurrency, I like Kraken.
    https://r.kraken.com/Q1RBx
    For storage beyond what you're comfortable losing, Ledger is a great bet.
    https://shop.ledger.com/pages/ledger-nano-x?r=a673bccc2782

    I answer some of his questions in a general way and I didn't talk too much about the two crypto coins that I mentioned, so I will address them here in the notes briefly.
    First, I love to use CoinMarketCap.com to see the market share of the crypto coins.
    Nano is ranked #60 (as of April 12, 2020). That's a deal-breaker for me. 
    I would research a top 20 coin and I would take a good look at a top 10 coin, but if it's not in the top 20, then forget about it. It's insignificant and will probably remain so. It won't change the world. And it will probably fade away.
    I'm sure some critics would question its environmentally responsible claims. 
    Bitcoin is a power hog, but that's the price we pay for having bulletproof security. So far, more environmentally friendly solutions have their problems. 
    Remember, the global banking system requires far more resources than Bitcoin.  
    Monero is a fascinating privacy coin that is ranked #14.
    As cool as it is, ZCash has slightly better technology and you can create privacy features within Bitcoin via technologies such as: 
    The Lightning Network
    Mimblewimble
    CoinJoin
    Wasabi Wallet
    There are MANY efforts researchers are making to improve Bitcoin's privacy. 
    I suspect current solutions will satisfy most privacy enthusiasts. 
    If they don't, then Bitcoin developers will probably come up with a better solution soon. There are armies of brilliant programmers researching this issue. Other coins lack such development teams.
    You can watch this podcast at:
    https://www.youtube.com/watch?v=6SIGGxKGagU
     

    More info

    You can post comments, ask questions, and sign up for my newsletter at http://wanderlearn.com.
    If you like this podcast, subscribe and share! 
    On social media, my username is always ftapon. Follow me on:
    http://facebook.com/ftapon
    http://twitter.com/ftapon
    http://youtube.com/user/ftapon
    http://pinterest.com/ftapon
    http://tumblr.com/ftapon
    My Patrons sponsored this show!
    Claim your monthly reward by becoming a patron at http://Patreon.com/FTapon
    Rewards start at just $2/month!
    If you prefer to do a one-time contribution, you can send it to my PayPal at FT@FrancisTapon.com
    If you prefer giving me Bitcoin, then please send BTC to my tip jar: 3EiSBC2bv2bYtYEXAKTkgqZohjF27DGjnV

    • 18 min

Customer Reviews

3.9 out of 5
17 Ratings

17 Ratings

Bummed&Disappointed ,

Travel for privileged tech bros. I listened. You don’t have to.

Such a shame as I came to this from the informative “Extra Pack of Peanuts” podcast and to be honest there is truly impressive, insightful and helpful info to be had here but this guy is soooo backwards and obnoxious that It makes the episodes unlistenable. If you want to listen to an impossibly smug, narcissistic, self satisfied, libertarian tech bro tell you how poor and working class people working in shops should be friendlier then this is for you. This guy’s wealth and sense of entitlement just oozes through every episode like a toxic cancer. A naïf who has no knowledge of world history or contemporary politics. While you will accidentally get some good info about traveling you'll have to cringe while listening to this jagoff fluff up his own ego. Ugly. For shame.

Aliittle ,

What a trip

Francis will make you think about so many topics in unusual ways.

Alibarbara ,

Lots of profanity

As a writer, Francis is a great story teller. He also knows some real adventurers. I was excited to listen to the podcast, but unfortunately there’s a lot of profanity and Francis doesn’t give his guests an opportunity to answer the questions he asks. I would love to hear more stories from the guests.

Top Podcasts In Places & Travel

Listeners Also Subscribed To