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InFi: the Future of Finance

Ep. 11: Lyn Alden Explains Why the World's Monies Are So Broken

Nov 17, 2023
Lyn Alden, a financial researcher with a large following, explains the history of money and why government-issued fiat money is not suitable. Topics discussed include quantitative easing's impact on asset prices and inflation, challenges faced by people in countries with devaluing currencies, the evolution of money from barter to Bitcoin, and the role of stablecoins in the future of finance.
50:20

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Bitcoin provides a decentralized, secure, and innovative approach to finance.
  • Central bank digital currencies and stablecoins facilitate cross-border transactions and create competition in the global financial landscape.

Deep dives

The Rise of Bitcoin: A Solution to the Divergence of Transaction and Settlement Speeds

Bitcoin emerges as a solution to the problem of transaction speed and settlement speed divergence. Unlike traditional systems that rely on centralization or credit to maintain scarcity, Bitcoin offers a decentralized, secure, and scarce ledger. With its ability to process transactions quickly, Bitcoin provides an innovative approach to finance.

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