6min chapter

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Basics_02: Monetary History & The Rise of Bitcoin

Blue Collar Bitcoin

CHAPTER

The Value Is the Pizza, Right?

value realistically, the whole value within the world has already been discovered. It can't be created or destroyed, right? So if we introduce more currency units, that's why we see asset inflation and price inflation of real goods. And like just looking at the US debt alone is $31.5 trillion now. That's a god awful amount of money that is never going to get paid back from tax receipts. If you hold interest rates below rate of inflation, then we'll inflate away that debt over time.

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