Hyper inflation refers to a situation where the price of goods and services rise uncontrollably over a defined period of time in general. The term is used when the rate of inflation increases more than 50% a month. Even if you look at a smaller measure of money supply a 50% increase could easily push Bitcoin from 500 billion to a couple of trillion dollars.
Vinny Lingham joins Jason to break down the state of crypto’s de-platforming by the US government. They discuss recent happenings with Coinbase (2:13), Balaji’s Bitcoin bet (20:00), Binance (38:23), SBF (44:07), and more! Then, they wrap with a discussion about the coming balkanization of AI (52:54).
(0:00) Jason tees up today’s topics
(2:13) Coinbase’s Wells notice & the state of crypto