What Bitcoin Did

BITCOIN & THE U.S. DEBT CRISIS w/ Avik Roy

30 snips
Mar 18, 2025
Avik Roy, a seasoned policy analyst and president of the Foundation for Research on Equal Opportunity, dives into the looming U.S. fiscal crisis. He outlines the future threats posed by growing debt and potential government controls on Bitcoin. Discussing historical monetary shocks, Roy suggests Bitcoin could serve as a safeguard against economic instability. He also emphasizes the necessity for bipartisan support and strategic policies to protect Bitcoin amid developing regulations and a rapidly changing fiscal landscape.
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ANECDOTE

Early Bitcoin Meetups

  • Avik Roy recalls Bitcoin meetups in Austin held in a grocery store back lot.
  • He notes the community split between Bitcoin and Ethereum during the ICO boom.
ANECDOTE

Bridging the Gap

  • Avik Roy discusses his 2021 paper, "Bitcoin in the US FS Fiscal Reckoning."
  • He aimed to bridge the gap between Bitcoiners and Washington.
INSIGHT

Dollar Supremacy

  • Avik Roy highlights the dollar's supremacy as a recent phenomenon.
  • He reminds listeners of the untested experiment since 1971, with the dollar untethered from gold.
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