Bitcoin's value proposition - interview with Croesus

19/05/2021 58 min Temporada 2 Episodio 30
Bitcoin's value proposition - interview with Croesus

Listen "Bitcoin's value proposition - interview with Croesus"

Episode Synopsis

Today Shimon is joined by Croesus - one of the best twitter handles to follow on bitcoin. We discuss Bitcoin's value proposition, its comparison to the stock market, inflation and a lot more.- Business school attitudes towards bitcoin- Ethereum as a technology vs bitcoin as a breakthrough in money- Bitcoin bootstrapping itself from nothingness to being an increasingly credible store of value- The significance of halving cycles- Hyperinflation and price stability- The stock market as a hedge against inflation- Life experiences of losing faith in the credibility of government's monetary policy- The M2 money supply chart going up and to the right with an annual growth rate of 8% even before the latest monetary stimulus package- Why is an 8% increase in the money supply result in only 2% CPI inflation- Basket of goods changing in the CPI index- The technological deflationary environment offsetting the inflationary pressure created by monetary expansion- Keynes' statement "in the long term we're all dead"- Is price stability and full employment good targets for the federal reserve?- Banning bitcoin is sanctioning yourself- Government supporters of Bitcoin (Cynthia Lummis, Margaret Croke and others)- The privatization of money- Democracy as a platform that is conducive to monetary expansion- Gold mining creates an uncertainty in its supply schedule- Portfolio rebalancing - is it a good strategy?- Bitcoin as pristine collateral- Is the stock market a good protection against inflation vs Bitcoin?- Land as a store of value- Bitcoin's monetary policy as a technology that has never existed before. Follow us on twitter!@croesus_btc@MrEBITDA@ShimonLazarovSupport Hardcore Finance: https://www.hardcorefinance.com/donateYoutube: https://www.youtube.com/channel/UCrg492YbLDRnx5yXVFj_XFAApple Podcast: https://tinyurl.com/36u8fmbrSpotify Podcast: https://tinyurl.com/4zv6syfchttp://hardcorefinance.com Follow us on twitteSupport the show