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179. Bondpocalypse with Greg Foss

The Bitcoin Standard Podcast

CHAPTER

Bitcoin and the Bond Market

I think this kind of sentiment shift has really sunk in yet because the key thing about the way the bond market works, I think, is the fact that people don't understand it. And once you get Bitcoin, you get how it works because you compare it to Bitcoin. Most people are just so confused by the headlines and the main confusing thing about bonds is when interest rates go up, the price of the bond goes down. People who store wealth in these kind of primitive financial instruments like bonds are just going to be mattered less and less as part of the allocation.

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