THE Bitcoin Podcast BROKEN MONEY, FIAT INFLATION VS SOUND MONEY DEFLATION, & GETTING OFF ZERO BITCOIN | Lyn Alden (Saving in Bitcoin Ep. 2)
47 snips
Apr 11, 2025 
Lyn Alden, an independent investment and macroeconomic analyst and author of "Broken Money," joins to discuss crucial financial insights. She emphasizes the brokenness of our current monetary system and how Bitcoin serves as a potential solution for wealth inequality. The conversation also dives into the distinctions between fiat and sound money, the impact of inflation as an invisible tax, and Bitcoin's evolving role as both a speculative investment and a reliable saving mechanism. Alden encourages a gradual, informed approach to investing in Bitcoin.
AI Snips
Chapters
Books
Transcript
Episode notes
Broken Money: A Technological Problem
- Money's brokenness is a technological problem stemming from a mismatch between transaction and settlement speeds.
- Fast transactions but slow settlements created a centralized system ripe for manipulation.
Inflation: A Monetary Phenomenon
- Sustained price increases (inflation) require sustained money supply growth.
- Inflation impacts savings and investing by decreasing purchasing power and increasing asset prices.
Asset Inflation and Inequality
- Asset price inflation, like in housing, contributes to wealth disparity and difficulty saving.
- Wealthier individuals can leverage cheap credit to buy assets, pricing out others.
