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5min chapter
BTC101: 4th Quarter Macro Overview w/ Luke Gromen (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
The First Principle in Bitcoin Is 25,000 Man Hours Per Barrel
The value of oil is based on 25,000 man hours per barrel. Oil prices are going to have to rise by 8 to 10% per year for the foreseeable future because of peak cheap energy. Western sovereigns cannot survive if they don't trade paper that falls in energy terms for energy up. We're watching this happen before our very eyes and it's really an unstoppable object against an immovable force.
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