179. Bondpocalypse with Greg Foss
The Bitcoin Standard Podcast
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Bitcoin as a Portfolio Hedge
The biggest concern with bonds is not the mathematics, it's what you correctly point out in your book. It's the debasing of the fiat currency that is actually more penalizing than inflation expectations adjusting interest rates. These are 100% certain to debase. They're matching liabilities on insurance company matching a 100 year liability with an asset that was issued for 100 years. This is already down 60%. It's correct. So it's down 60% from its initial... You got 96 years to go. And you have96 years to go, safe. But everybody that owns bonds actually needs to own Bitcoin as a portfolio hedge because you're not going to get rid of bonds. The largest asset
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