Bitcoin vs. National Digital Currencies

This chapter examines the differences between national digital currencies and Bitcoin, particularly focusing on the resilience of Bitcoin's fixed supply in contrast to inflationary centralized systems. It discusses the growing trend of corporate investment in Bitcoin as a hedge against currency devaluation, as exemplified by companies like MicroStrategy. The conversation highlights the potential shift in corporate finance strategies driven by monetary policy decisions and the implications of volatility for both private and institutional investors.

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Episode notes

Lyn Alden, Luke Gromen, and Jeff Booth are some of the best economic thinkers in the world right now. For the 3Q of 2020 macro mastermind discussion, they discuss what’s happening in the world right now.

IN THIS EPISODE, YOU’LL LEARN:

Whether we will see a return of the liquidity crisis in the USD.
Whether we have another currency that can replace the USD as the global reserve currency.
Whether the world will continue to exponentially expand the global aggregated monetary baseline.
Why some companies are putting bitcoin on their balance sheet.
Ask the Investors: Can the national debt be inflated away?

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Preston and Stig’s interview with Luke Gromen and Grant Williams about global macro.
Preston and Stig’s interview with Lyn Alden about global macro
Contact Lyn Alden on Twitter.
Lyn Alden’s website.
Jeff Booth’s book, The Price of Tomorrow – Read reviews of this book.
Tweet directly to Jeff Booth.
Luke Gromen’s book, Mr. X interviews – Read reviews of this book.
Luke Gromen’s website, The Forrest for the Trees.
Tweet directly to Luke Gromen.

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