3min chapter

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#1194 Dr. David Andolfatto | First Central Banker To Present Bitcoin Publicly

The Pomp Podcast

CHAPTER

The Importance of Short-Term Stability in Money

David Frum was the first central banker in the world to give a public presentation on Bitcoin. He came across it after reading an op-ed piece by Paul Krugman that got him digging into what he was talking about. In his presentations and blog posts, you were complimentary in certain cases but critical in other cases. The key is for money to be stable over short periods of time - just like gold or Bitcoin are not good as long run stores of value.

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