AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min snip
US Dollar Endgame: Hyperinflation Is Coming with Peruvian Bull (WiM492)
The "What is Money?" Show
Exploring the Role of Bitcoin in a Sustainable Monetary System
Incentives matter in a monetary system, and Bitcoin provides a world where cheating is less possible or profitable, leading to less corruption and more wealth. Scarcity drives theft and deception, but a system with less scarcity can reduce these negative behaviors. To achieve a sustainably decentralized monetary standard, Bitcoin is crucial as gold failed due to centralization and the inability to maintain reserves. Attempts to revert to the gold standard will likely be futile in the digital age, leading to repeated economic problems caused by central banks' printing money uncontrollably.
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