Crypto Voices: Episode 64
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Matthew updates on the Crypto Voices Monetary Base exhibit for 2018 Q4, which will make this episode a lot easier to listen to if viewing simultaneously; it's located here: https://cryptovoices.com/basemoney
Bitcoin is unquestionably unlike anything else in the (financial) world. However, if you are going to try and compare Bitcoin's supply with other supply curves in the financial world, don't. The *only* money supply you can compare it to is fiat's "Monetary Base," or "Base Money."
Firstly, something needs to be used as a medium of exchange to technically be called "money."
Gold used to be.
Fiat is now.
Bitcoin very well could be.
But don't get carried away. We need to compare bitcoin (and gold) to fiat's "base money" supply, and *only* to the base money supply.
M1/M2/M3 and all others simply aren't comparable. Why? Because those supplies include "claims" on base money.
Listen on to learn more.
Links for more info:
cryptovoices.com/basemoney
Hosts: Matthew Mežinskis, Fernando Ulrich
Music: New Friend Music newfriendmusic.com/
Site: cryptovoices.com/
Podcast & Information
Cryptoeconomics & Liberty
Thanks for listening!
Show content is not investment advice in any way.
