The "What is Money?" Show cover image

The "What is Money?" Show

The $1M Bitcoin Bet with Balaji Srinivasan and Alex Gladstein (WiM289)

Mar 21, 2023
01:20:40

Podcast summary created with Snipd AI

Quick takeaways

  • Bitcoin's rise signals transition to new reserve currency, potential global reserve currency status.
  • Social media informs about financial instability, Bitcoin as safe-haven asset during crises.

Deep dives

Bitcoin as the Global Reserve Currency

Bitcoin is considered the only unfakeable signal in global markets, signaling shifts like hyperinflation. The concept is that Bitcoin's rise signifies a transition to a new reserve currency, potentially becoming the global reserve currency.

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