AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
1min snip
TIP591: Currencies and Debt w/ Lyn Alden
We Study Billionaires - The Investor’s Podcast Network
The Advantages of Bitcoin and Stablecoins for Global Payments
Bitcoin stablecoins bypass traditional gateways and allow for seamless cross-border payments./nStablecoins offer users the flexibility to transact in any currency of their choice, including Bitcoin, dollar stablecoins, or goldbacks./nCountries experiencing hyperinflation, like Turkey and Lebanon, are turning to stablecoins and Bitcoin as alternatives to their local banking systems./nIf gold could be easily transferred between individuals, it would have been difficult for governments to establish fiat currencies./nThe banking system improved upon the shortcomings of gold, such as verification, portability, and secure storage, but also centralized and abstracted the asset.
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