The Defiant - DeFi Podcast Beyond the Hype: Bitcoin, Inflation, and the Future of Crypto with Gus Grillasca
May 9, 2025
In this engaging discussion, Gus Grillasca, a cypherpunk and artist known for his work with Bitcoin Ordinals and NFTs, dives into the complex interplay between cryptocurrency and global economics. He critiques inflation as banker propaganda and shares his own journey navigating the challenges of finance in Europe as a Mexican artist. Topics include the future of Bitcoin as a treasury asset, the potential of crypto in Latin America, and the risks of meme coins compared to stable investments. Gus also emphasizes the importance of financial literacy in fostering blockchain adoption.
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Inflation Is Bankers' Propaganda
- Inflation is not a necessary economic phenomenon but a propaganda tool used by bankers.
- Historical periods with deflationary money like gold had better economic outcomes.
Gus’s Entry Into Bitcoin
- Gus Grillasca got into Bitcoin around 2014 to solve banking problems while living in Europe and Mexico.
- He was motivated by travel challenges, health issues, and anarchist philosophies.
Rare Pepes to Ethereum NFTs
- Rare Pepe community was a life-changing discovery for Gus, allowing decentralized monetization of art.
- He experimented with Ethereum NFTs but became disappointed due to complexity and cost.