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BTC156: Bitcoin is Not A Hedge w/ Parker Lewis (Bitcoin Podcast)

Nov 15, 2023

Parker Lewis, an influential educator and builder in the Bitcoin space, shares compelling insights. He debunks the notion that Bitcoin serves as a hedge against inflation, emphasizing its true nature as a store of value. The conversation explores the implications of Bitcoin’s upcoming halving cycle and its potential influence on market dynamics. Lewis discusses the energy demands of Bitcoin mining, particularly in the UAE, and introduces his new book, 'Gradually Then Suddenly,' aimed at fostering a deeper understanding of Bitcoin's complexities.

01:16:14

Episode guests

Parker Lewis

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Bitcoin is not a hedge to inflation but a solution to inflation and a better form of money.

Understanding Bitcoin's properties and its role as a store of value is crucial for its adoption and utilization.

Bitcoin's fixed supply and its role in solving the problem of inflation challenge the traditional financial system and drive demand for Bitcoin as a better form of money.

Deep dives

Bitcoin is not a hedge to inflation

Parker Lewis discusses the misconception that Bitcoin is a hedge to inflation. He explains that while many people believe Bitcoin should act as a hedge, it is actually a solution to inflation and a better form of money. Lewis argues that Bitcoin's true value lies in its ability to replace money and be a store of value. He also highlights that understanding Bitcoin's long-term potential requires a fundamental understanding of its fixed supply and its role in solving the problem of inflation.

Intro

5min

Bitcoin: Inflation Hedge or Value Store?

20min

Bitcoin Mining in the UAE: A Shift in Currency Dynamics

7min

The Massive Energy Demands of Bitcoin Mining

4min

Understanding Bitcoin's Halving and Market Dynamics

21min

Exploring Bitcoin: A Comprehensive Guide for the Curious

5min

Navigating Bitcoin Payments with ZapRite

10min

Insights on Upcoming Book Release and Community Engagement

2min

Preston Pysh talks to Parker Lewis about his most recent article, Bitcoin is Not a Hedge, what he thinks about the upcoming cycle, whether the halving cycle still matters, whether corporations will be taking a larger part in the coming cycle, and much, much more.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

01:08 - Why Parker is of the opinion that Bitcoin is NOT a hedge to inflation?

12:10 - How are you helping people visualize that Bitcoin is a store of value?

29:01 - What Bitcoin is actually backed by.

39:35 - What Bitcoin's next bull market might look like.

45:19 - Why match conviction with knowledge.

01:05:02 - Parker's new book.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Parker Lewis' Twitter.
All articles that Parker has written.
Parker's New Book, Gradually Then Suddenly.
Parker's new Company Zaprite.
Parker's company Unchained Capital.
Parker's presentation on Bitcoin is Not a Hedge.
Related episode: Listen to BTC092: Bitcoin Energy & Custody w/ Parker Lewis & Will Cole, or watch the video.
Related episode: Listen to BTC069: Bitcoin Retirement Planning & Self Custody w/ Parker Lewis & Jeff Vandrew, or watch the video.

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