Macro Musings with David Beckworth cover image

Larry White on Gold, Fiat, and Bitcoin: Determining the Ideal Monetary Standard

Macro Musings with David Beckworth

00:00

How Bitcoin Sold the Insurance Problem

There is a limit to how many bitcoins will ultimately be produced, correct? The initial project had the problem of how do we convince people that once this thing launches, they're not going to have the rug pulled out from under them. And there didn't seem to be a counter example because we didn't have any privately issued irredeemable money until Bitcoin.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app