
How to Think About Bitcoin, AI, and Our Economic Future with Eric Weiss (WiM518)
The "What is Money?" Show
Questioning the Status Quo Unlocks Understanding
Not everyone engages in questioning the established norms, especially among investors who focus on the potential gains of Bitcoin without considering deeper economic implications. However, extensive research and time spent on Bitcoin lead individuals to scrutinize existing narratives, particularly regarding inflation rates. The disconnect between perceived inflation and the actual increase in the cost of goods ignites curiosity about the government's calculations and methodologies for determining inflation metrics. This critical examination reveals inconsistencies, such as the exclusion of essential items like food and energy from the inflation basket, prompting a deeper inquiry into economic realities.