@TheWhyOfFI - How #Bitcoin Changed Me. #316
Once Bitten! A Bitcoin Podcast.
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The Macro Narrative Recesses and Payments Narrativ Ascents Yeah Yeah Yeah
Bitcoin is not like a cpi inflation hedge it's like a currency debasement hedge and so if we define inflation by its more classical definition of expansion of the money supply versus just you know increased price of goods. bitcoin is kind of like currency debasements versus very manipulated kind of kinds of macroeconomic narratives. i'm not sure how useful it is to approach things strictly through a macroeconomic lens of just trying to understand what money is, he says. "I think at the same time people's eyes tend to gloss over a little bit when you're kind of just saying well let me tell you about the fed"
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