SLP480 The Bitcoin Handbook - Anil Patel
Stephan Livera Podcast
00:00
The Cantillon Effect and Bitcoin
A lot of people are stuck in a gambling mindset or stuck in this kind of, I need to just chase some yield. The Cantillon effect has helped popularize the idea that money is created centrally and it's all about how close you can get your hands on it. You have to sort of think about, okay, what makes a better money. Those people are going to be able to bid up scarce assets with information asymmetry. They're going to benefit slowly from an expansionary economy.
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