We Study Billionaires - The Investor’s Podcast Network BTC146: Broken Money 2/2 w/ Lyn Alden (Bitcoin Podcast)
173 snips
Sep 6, 2023 
Lyn Alden, author of "Broken Money," is a leading voice in the Bitcoin and macroeconomic realm. In this engaging conversation with Preston Pysh, they dive into the complex relationship between credit-based and commodity-backed money. They explore why money has been central to global conflict, the implications of Bitcoin's potential as a global currency, and tax ramifications in a Bitcoin world. Lyn also discusses privacy trade-offs in cryptocurrencies and the debate between proof of work versus proof of stake, shedding light on Bitcoin's resilience in evolving financial landscapes.
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Money and Conflict
- Money is at the center of conflict because it represents value exchange and control.
- Monetary technologies change power dynamics and how value is siphoned.
Bitcoin's Enabling Power
- Bitcoin enables instant settlements of value, merging transaction speed with settlement speed.
- It also creates a decentralized ledger, distributing control rather than relying on central authorities.
Bridging the Gap
- The gap between fast transactions and slow settlements created a need for centralized intermediaries.
- Bitcoin bridges this gap, offering speed and decentralization.
