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BTC156: Bitcoin is Not A Hedge w/ Parker Lewis (Bitcoin Podcast)
Nov 15, 2023
01:16:14
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Parker Lewis explains why Bitcoin is not a hedge to inflation, but rather a better store of value. They discuss Bitcoin's performance during credit cycles, the upcoming halving event, transitioning Bitcoin, the size of the US credit system and debt, understanding Bitcoin as money, and enabling Bitcoin payments for businesses.
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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.
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.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode