
154. Fiat History with Niall Ferguson
The Bitcoin Standard Podcast
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Bitcoin - The Key Value Proposition
Bitcoin can move very quickly across borders without having to resort to any of your government's political and banking institutions. Its current supply growth rate is roughly in the same range as gold is around 1.8% per year, but it's going to drop every two every four years. It drops by half. So eventually it'sgoing to drop to zero. The key thing to remember is that the devaluation that needed to happen after World War I did happen in the 1930s. If that had taken place in 1919, globally, with a pound and with all of these currencies, then we could have been saved an enormous amount of headache. But to go back to Bitcoin, now you can move
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