Episode notes
“Everyone is afforded equal rights under the law of bitcoin, nobody gets to print money...when the Fed prints 3 trillion dollars they hit a button on a computer screen and suddenly 3 trillion dollars appear, did that create any economic value?”
— Parker Lewis
SHOW DESCRIPTION
Location: Remotely
Date: Tuesday 3rd August
Company: Unchained Capital
Role: Head of Business Development
For people new to bitcoin, it can be confusing at first. From public key cryptography to mining, block sizes to nodes, there are many new ideas to understand. However, bitcoin has a sound monetary policy at its core, and understanding this is the most important step in understanding it.
Over the last 18 months, central banks worldwide have issued currency at alarming rates in an attempt to bolster economies and stimulate growth. In reality, this practice is also boosting asset prices while debasing the currency.
Bitcoin offers a sound alternative and as Parker Lewis says, "Bananas grow on trees. Money does not, and bitcoin is the force that reawakens everyone to the reality that was always the case". It's for this reason that bitcoin is common sense.
In this interview, we discuss the printing of money and currency debasement by central banks, why bitcoin is anti-fragile and what makes it a common-sense alternative.
This episode’s sponsors:
Gemini - Buy Bitcoin instantly
BlockFi - The future of Bitcoin financial services
Sportsbet.io - Online sportsbook & casino that accepts Bitcoin
Casa - The leading provider of Bitcoin multisig key security.
Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.
Ledger - State of the art Bitcoin hardware wallet
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WBD381 - Show Notes
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