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WiM005 - The Saylor Series | Episode 5 | Channeling Monetary Energy Across Time and Space

The "What is Money?" Show

CHAPTER

The Wall of Encrypted Energy Is the Insulator

If the dollar didn't inflate, then would Bitcoin go up? If the United States had a perfect monetary policy, no inflation, could Bitcoin succeed? Yeah, it could succeed if people adopt it because it's got technical advantages. Adoption, utility, productivity, those three things create that monetary chemical reaction of sorts. And the last piece is inflation. But inflation is almost just the way that we translate the energy. Two percent inflation will grow it two percent faster. Ten percent inflation will growing it ten percent faster. In theory, if a bond is pure energy and if bonds are inflating at 20 percent, then that means that Bitcoin will have a 20 percent real yield in that currency

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