Unchained Why Bitcoin Could Hit $150,000 Soon. Plus ‘Code Is Law’ Film - Ep. 931
45 snips
Oct 24, 2025 Lawrence Lepard, an investment manager and author, shares compelling insights on why the fiat system is unsustainable and details how Bitcoin could revolutionize finance and even defund war. He passionately discusses Bitcoin's superiority over gold and his predictions for cryptocurrency's future. Meanwhile, filmmaker James Craig delves into his documentary, 'Code Is Law,' exploring the ethics behind smart contract exploits. He uncovers the stories of infamous hacks, examining whether exploiting code is theft or a legal gray area.
AI Snips
Chapters
Books
Transcript
Episode notes
Early Skeptic Turned Believer
- Lawrence Lepard first heard of Bitcoin around 2009–2010 but was skeptical due to prior failed digital currency attempts.
- He bought his first coins in 2013 on Coinbase near $300 and gradually grew confident as technical issues were resolved.
Family And Personal Losses Shaped Views
- Lepard describes family business losses across generations from monetary policy shifts in the 1920s and 1980s.
- He lost potential profits in 2008 when short-selling of financials was banned, forcing him to cover positions at a loss.
The Debt Doom Loop Explained
- Lepard describes a debt doom loop where deficits create debt that increases interest costs, which then enlarge deficits further.
- He argues this loop forces money printing to avoid collapse, driving persistent inflation risk.
