3min chapter

Swan Signal Live - A Bitcoin Show cover image

Robert Breedlove & Tuur Demeester | Money Printing Black Hole | E104

Swan Signal Live - A Bitcoin Show

CHAPTER

The Social Pressure of Bitcoin Maximalism

I don't think it's this notion of like a centralized conspiracy of a bunch of guys sitting around in a room smoking cigars and you know how are we going to crash the world economy. I had a guest on Ed Doud actually called it a metafraud so instead of it being like an actual conscious fraud it's more about broken incentives and opportunists taking advantage of those broken incentives and breaking them further over time. They somehow think that consumption the tail can wag the doll dog right that you can increase consumption through monetary policy which will drive production total bullshit we all know it but they believe thatright they believe that to their core It's central to the entire Keynesian ideology and I

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