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The Size of the Credit System and Debt in the US
Learn about the massive scale of the world's credit system and the staggering amount of debt in the US, including auto loans, mortgages, student loans, credit card debt, and corporate debt. Discover how this debt, coupled with the printing of money, has led to inflation and explore Bitcoin as a potential solution.
Preston Pysh talks to Parker Lewis about his most recent article, Bitcoin is Not a Hedge, what he thinks about the upcoming cycle, whether the halving cycle still matters, whether corporations will be taking a larger part in the coming cycle, and much, much more.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
01:08 - Why Parker is of the opinion that Bitcoin is NOT a hedge to inflation?
12:10 - How are you helping people visualize that Bitcoin is a store of value?
29:01 - What Bitcoin is actually backed by.
39:35 - What Bitcoin's next bull market might look like.
45:19 - Why match conviction with knowledge.
01:05:02 - Parker's new book.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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