Bitcoin Self-Custody Masterclass with Unchained Capital
Blockware Podcast
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Is Bitcoin a Hard Money Standard?
On a Bitcoin standard, you would expect the value of that money to grow at the rate of a growth for the global economy. But if you are not investing that money or buying stocks, saving in stocks, you are keeping that capital away from those larger companies. That does disincentivize them from growing quite as much. Some people worry that this type of hard money standard is going to limit growth for the economy. And I think we just get a different type of growth. We get organic, slow compounding growth, as opposed to debt fueled, very quick growth which results in a lot of capital misallocation and eventually risk.
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