4min chapter

Swan Signal Live - A Bitcoin Show cover image

Alex Epstein and Marty Bent - E69

Swan Signal Live - A Bitcoin Show

CHAPTER

Eel Comes Down Opportuney, Costing Capital

The ability to print money out of thin air allows us to allocate capital inefficiently, which therefore waste resources. If humans making economic decisions have higher opportunity costs, they're going to weigh those decisions more carefully andallocate that capital more efficiently over time. So if we were to transition to a biquin standard, you would eliminate a lot of waste and inefficiencies throughout the energy sector and the economy at large.

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