We've never lived through a long term debt cycle before, we're all just in one right now. It doesn't really take a genius to understand that the cost of capital continues to fall because of the debt burden. The asset liability mismatch causes you to force liquidate more assets, which is kind of a reflexive doom loopAllan: Did the response to the 2008 financial crisis just delay the inevitable of this financial reset of the monetary system? Or how do you think about that? Allan: I applied Ray Dalio's traditional framework of find a monetary bear asset, find up something with no counterparty risk and a production cost,. And applied that to Bitcoin in a way that kind
In this MI Rewind episode, Clay Finck chats with Dylan LeClair about Bitcoin on-chain analysis, Ray Dalio’s thesis on the long-term debt cycle and how Bitcoin potentially plays into that, and much more!
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
05:11 - Ray Dalio’s thesis on the long-term debt cycle and how Bitcoin potentially plays into that.
20:01 - Why Dylan believes Bitcoin is a better solution for base money than gold.
29:15 - Why we haven’t seen more public companies adopting Bitcoin as of late.
41:40 - What Bitcoin on-chain analysis is and why it even matters.
51:11 - Dylan’s thoughts on the potential for a Bitcoin ETF.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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