2min chapter

The "What is Money?" Show cover image

WiM023 - The Frisby Series | Episode 4 | Technology and Cyclicality

The "What is Money?" Show

CHAPTER

The Future of Bit Coin, I'm Not Sure, but It's Getting Cheaper

We could just get the government out of our pockets, then we would start to experience this hyperdeflationary environment. The more government tries to overreach with taxation and inflation, the more they're creating incentives for people to move into bit coin. It money that can't be inflated and is difficult to tax, at least gives the citizen a lot of options on how to move their money. A, and is going to further enters this self reinforcing loop of further declining state revenue,. all the while te is there's no sign of tech abating.

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