AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min snip
179. Bondpocalypse with Greg Foss
The Bitcoin Standard Podcast
The Impact of Monetary Policies on Government Deficits and Bitcoin Adoption
The speaker discusses the impact of devalued bonds on the solvency of sovereigns, focusing on the US government's expanding deficit and the potential consequences. They emphasize the need for printing money through quantitative easing, which will increase the value of hard assets like Bitcoin. The speaker believes that when large pension plans like CalPERS invest in Bitcoin, it will give legitimacy to the digital currency and prompt other Canadian pension plans to follow suit. This shift in allocation from bonds to assets like Bitcoin will accelerate its growth. The speaker highlights the scarcity and potential value of owning a significant amount of Bitcoin.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode