Coin Stories with Natalie Brunell

Parker Lewis: The Final Chapters of Fiat, Hyperinflation and Gradually, Then Suddenly Bitcoin

Jul 25, 2024
Parker Lewis discusses his new book 'Gradually Then Suddenly' focusing on Bitcoin's fixes for money printing and fiat fragility. They explore the potential for hyperinflation, politics' impact on economics, and his company Zaprite aiming to empower Bitcoin payments.
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INSIGHT

Centralized Money Concentrates Wealth

  • Fiat centralization concentrates wealth because money supply is centralized under the Fed.
  • Bitcoin decentralizes wealth over time by making money creation impossible and preserving value.
INSIGHT

Money Printing Rewards Asset Owners

  • When money can be printed, people get money either by producing value or by owning financial assets bought by the Fed.
  • That skews gains toward wealthy asset owners and away from new or lower-income participants.
ADVICE

Be Skeptical Of Political Bitcoin Support

  • Don’t cheerlead politicians who claim to support Bitcoin until they demonstrate true understanding.
  • Focus on defending rights to transact freely rather than seeking political favors for Bitcoin.
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