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23min chapter
Parker Lewis: The Final Chapters of Fiat, Hyperinflation and Gradually, Then Suddenly Bitcoin
Coin Stories
Bitcoin's Fixed Supply and its Impact on Economic Coordination
The chapter explores the concept of scarcity in Bitcoin with a fixed supply of 21 million coins, discussing how it affects individuals' behaviors, spending patterns, and economic incentives. It delves into how a fixed money supply creates a positive feedback loop for saving and producing value, potentially shifting power and wealth from traditional financial institutions to individuals. The chapter also addresses the potential impact of Bitcoin on changing the banking landscape by promoting competition, accountability, and enhancing financial privacy.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode