
54. Bitcoin and the Global Economy with Lyn Alden
The Bitcoin Standard Podcast
00:00
The Current Petri-Dollar System
The current system as structured basically has all these different players purposely trying to devalue their currencies. And we've seen kind of China playing around with this where for a long time they wanted to have a very export driven economy and so they wanted to keep their currency suppressed. But over time, as they've kind of shifted towards a middle income country, they've been doing a little bit less currency manipulations. So overall, I agree that most of the systems have some sort of imbalance to them,. especially if there's no kind of central neutral asset like gold or Bitcoin.
Transcript
Play full episode