Porkopolis Economics

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the seventy-fifth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 01:44 World population 02:57 CAGR of population over time 06:15 Central bank physical currency (CBPC) 09:13 CAGR of cash over time 13:27 Comparing both metrics Here I review the growth rate of the world's population, versus all the physical currency in the world. Are you aware that the doubling time of physical cash is 7 times faster than the doubling time of human beings on the planet? Prior videos with further info: https://www.youtube.com/watch?v=DYKJ3sDAvb8 https://www.youtube.com/watch?v=pmfizN3nTuc Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the seventy-fourth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:25 Five years of research 02:39 How much has it grown? 05:10 83% of value in top 5 currencies 06:30 66% of value in top 5 liberal Here I review the total basic money in the world. This $28.2 trillion equivalent is the core of the fiat financial system. This is also the only global money supply that economically compares with gold, silver, and Bitcoin. Prior videos with further info: https://www.youtube.com/watch?v=DYKJ3sDAvb8 https://www.youtube.com/watch?v=jgOL5tQvaDE https://www.youtube.com/watch?v=aqP2WITx2uw Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the one hundred fifty-second podcast episode from Crypto Voices. Show support appreciated: donations.cryptovoices.com Matthew, Alec, and Michel interview Obi Nwosu, founder and CEO of Fedi, a company building on and pushing adoption of the Fedimint protocol for federated Bitcoin communities. Contents 00:00 Intro 01:37 Background in Bitcoin 11:33 Latest in CeFi regulations 13:27 Fedimint protocol 22:50 Chaumian eCash & Fedi 32:25 Federation setup example 46:07 More on eCash vs. Fedi modules 53:50 Roadmap and scaling plans Links for more info: https://twitter.com/obi https://twitter.com/fedimint https://primal.net/profile/npub1uq70uqgas9pyhds2zt57kr9se8rg3s68ztphjnq82ts8rzeknmeql7u0c2 https://fedimint.org/ https://www.fedi.xyz/faq/what-is-the-difference-between-fedi-and-fedimint Show Sponsor: hodlhodl.com/join/cryptovoices Hosts: Matthew Mezinskis, Michel, Alec Harris Music: New Friend Music newfriendmusic.com/ Podcast & videos Bitcoin, privacy, cryptoeconomics & liberty Thanks for watching! https://porkopolis.io https://twitter.com/1basemoney Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the one hundred fifty-first podcast episode from Crypto Voices. Show support appreciated: donations.cryptovoices.com Matthew and Alec interview Omid Malekan, adjunct professor at Columbia Business School and author of several books, including Re-Architecting Trust: the Curse of History and the Crypto Cure for Money, Markets and Platforms. Contents 01:15 Banking crunch aftermath 08:00 Scaling solutions 13:50 On Layer 2s 17:10 Genesis story on BTC 24:50 Re-Architecting Trust 41:40 Proof of stake 46:30 Developing world adoption 51:52 CBDCs 55:27 Chokepoint 2.0 01:01:50 Iran situation 01:09:46 Second coming Links for more info: https://twitter.com/malekanoms https://amzn.com/dp/B0B1QFK8D9 https://www.omidmalekan.com/ Show Sponsor: hodlhodl.com/join/cryptovoices Hosts: Matthew Mezinskis, Michel, Alec Harris Music: New Friend Music newfriendmusic.com/ Podcast & videos Bitcoin, privacy, cryptoeconomics & liberty Thanks for watching! https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the seventy-third video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:45 Bedlam in Tampere 01:48 More Latvian fans 03:52 GDP vs. US 06:20 GDP vs. RU 08:47 Latvia WINS Here I review the recent, amazing, first-ever bronze medal for Latvia in the World Hockey Championships, beating the UNITED STATES in Tampere, Finland yesterday. Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the seventy-second video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:18 Fees in USD landscape 02:22 TTM issuance % in USD terms 04:03 TTM issuance % in BTC terms 05:25 TTM will tell you if trend is changing Here I review the fee spikes on the Bitcoin network over the last month, but most importantly analyzing the long-term trend of these fees by looking at issuance vs. fees on a trailing 12-month basis. Prior videos with further info: https://youtu.be/QC-MqgiLFvk https://youtu.be/kFvIRWxrjh0 Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the seventy-first video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:21 Peter's bearish stance 01:28 Gold on left, Bitcoin on right 02:20 2011 comments 02:39 2013 comments 03:40 2014 comments 04:39 2015 comments 05:23 2016 comments 06:09 2017 comments 08:46 2018 comments 09:42 2019 comments 10:15 2020 comments 10:53 2021 comments 12:31 2022 comments 13:03 2023 comments 14:39 Gold & Bitcoin trendlines 16:09 Trend growth rates Here I review gold investor Peter Schiff's thirteen-year bearish comments on Bitcoin the monetary system and the price of bitcoins. His consistency is quite remarkable, in light of continuous Bitcoin dominance over gold. I close it with analyzing the 83% R-squared exponential trendline for gold's price, and comparing that with the 95% R-squared power trendline for the price of bitcoins. Gold's trend only grows at 9% per year (doubles every 8 years), Bitcoin's at 125% (doubles every 0.8 years). Prior videos with further info: Gold original exponential explainer: https://www.youtube.com/watch?v=oFRkS2_ylec Bitcoin original power explainer: https://www.youtube.com/watch?v=FU2P_jJwVZ0 Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the seventieth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:32 Starting at bottom of bear 01:39 Exponential trends straight lines on log 02:40 2005 trendline 04:37 2012 trendline 06:07 2015 trendlines until today 10:15 Looking out to 2030 12:22 Above or below trend more often? Here I talk about the exponential regression trendlines over gold's price from 1999. As gold is base money, like bitcoins, this video can be used to compare and contrast the supply and demand (price) trends for bitcoins we did in the last few videos. A key difference is that gold (and most markets) follow exponential trendlines, whereas the price of bitcoins follow a power trendline. All-time trend coefficients to draw it yourself: Power formula: y = a * EXP (b * x) Coefficients found: y = 3.12E+02 * EXP (0.0237% * x) Prior videos with further info: Gold original exponential explainer: https://www.youtube.com/watch?v=oFRkS2_ylec Gold with percentiles: https://www.youtube.com/watch?v=LTkkPpCfxWA Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-ninth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 01:01 First times breaking above & below 03:06 Into and out of crypto winter 06:21 Nov-2018 puke below 07:51 Trends around 2021 double top 12:55 Closing answers!! Here I talk about the power regression trendlines over Bitcoin's price. From Bitcoin Pizza day in 2010, to the present. Three questions I answer in this video: 1) How many times has Bitcoin's price pierced its trendline? 2) What % of the time overall is this movement? 3) Does Bitcoin's price stay above its trendline more or less than under? All-time trend coefficients to draw it yourself: Power formula: y = a * x ^ b Coefficients found: y = 7.70E-18 * x ^ 587% Prior videos with further info: Yesterday's power regression: https://www.youtube.com/watch?v=yUTigJRqwA0 Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-eighth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:58 Power trendline all-time 02:05 Working backwards in time 04:17 Dec-2030 trend predictions 07:32 The trends do NOT always fall 09:26 Signal not noise Here I talk about the power regression trendlines over Bitcoin's price. From only looking at 2010, to the all-time trendline. We've looked at this before. Important to note that Bitcoin's all-time trend sometimes move up, and sometimes moves down. Follow the signal, not the noise! All-time trend coefficients to draw it yourself: Power formula: y = a * x ^ b Coefficients found: y = 7.70E-18 * x ^ 587% Prior videos with further info: Original power regression: https://www.youtube.com/watch?v=FU2P_jJwVZ0 Evolution if power trends: https://www.youtube.com/watch?v=H8Up3Xvmv_4 Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-seventh video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:35 Base money in banks 01:52 Demand deposits 03:45 Reserve ratio 04:15 Reserve ratio rising 06:36 Reserve ratio falling 08:55 Central bank sells gold 11:15 What makes Canada different? 12:30 Is fractional reserve banking the problem? Here I talk about the reserve ratio of the Canadian banking system from the late '60s, until today. This is the ratio of base money in banks, relative to outstanding demand deposits - systemwide. The most important question I ask and answer in this video is: Is fractional reserve banking (and low reserve ratios) the source of recessions? Prior videos with further info: Brown's Bottom: https://www.youtube.com/watch?v=LTkkPpCfxWA USA Demand Deposits: https://www.youtube.com/watch?v=hF08eIt2AaY Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-sixth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:40 Physical currency (banknotes) 01:12 Money printing during Covid 01:51 CBDC? Don't forget CBPC! 03:30 Canada's free banking system 06:33 Canada's Great Depression 08:55 Benefits of branch banking 12:07 Physical currency (banknotes) 14:22 Bank reserves (settlement balances) 19:45 Compound annual growth rates Here I talk about the wonderful free banking history of Canada. I also bring it into the present by looking at the growth of the monetary base, or Canada's base money, over the last 90 years, since the Bank of Canada was founded. How does it affect price inflation? Prior videos with further info: USA monetary base: https://www.youtube.com/watch?v=OPpTrgPNTz4 Scandic paper currency stocks: https://www.youtube.com/watch?v=fe3WaE8o0rY Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-fifth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:53 Latest daily average Tx fees (in dollars) 02:00 Non-base money use cases? 02:33 Use trailing twelve months! 07:40 TTM issuance % (in USD) 14:35 Other base money fees 19:13 BTC's fee % component will be more 20:10 TTM issuance % (in BTC) Here I look at the average daily transaction fees, in US-dollar terms, for the Bitcoin protocol over its lifetime. Even with the explosion of Ordinals onto the scene these days and the demand for transaction-inclusion (block space) increasing, it does not change the fact that on-chain, mainnet bitcoins - UTXOs - are base money! In addition, we will roll these transaction fees, over an entire year (trailing 12-months or trailing-365 days), and see how much of a % these fees make up of total miner revenue. Remember, the other (much larger, at present) component of mining revenue is the block reward, or the issuance of new coins. Prior videos with further info: TTM fees: https://www.youtube.com/watch?v=a06LVI-BrSU TTM issuance: https://www.youtube.com/watch?v=nXQIi3JWrcc Total TTM revenue (BTC): https://www.youtube.com/watch?v=IOmdRTWO6fo Total TTM revenue (USD): https://www.youtube.com/watch?v=E_FZSRGPb3w Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-fourth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:35 Daily average transaction fees (in dollars) 01:23 Brief history of the chart 06:44 Taproot brought other use cases to BTC network 07:51 Doesn't change the fact: BTC is BASE MONEY 13:30 Layered protocols / Off-chain scaling is different 15:26 Conclusion on base money Here I look at the average daily transaction fees, in US-dollar terms, for the Bitcoin protocol over its lifetime. Even with the explosion of Ordinals onto the scene these days and the demand for transaction-inclusion (block space) increasing, it does not change the fact that on-chain, mainnet bitcoins - UTXOs - are base money! Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ Cash is speech, and people do use it for that and more. It's a must in any advanced economy. In this short I explore how the Reserve Bank of India tried to cut off cash in 2016, and it has grown back 245% since then in only 6 years. CBDCs are the biggest threat to freedom in a long time. Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-third video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:25 Brief history of paper money 02:10 Denmark physical currency supply 03:10 Norway physical currency supply 05:58 Sweden physical currency supply 08:58 Rare to find shrinking CBPC 11:40 DKK physical supply in USD 12:50 NOK physical supply in USD 13:42 SEK physical supply in USD 15:08 To find signal in CBDC, watch CBPC Here I look at the physical currency supplies of Denmark, Norway, and Sweden (both in their native kroner/krona and in USD). When trying to understand where central banks are going with CBDCs, first step back and analyze their CBPC stock! Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the one hundred fiftieth podcast episode from Crypto Voices. Show support appreciated: donations.cryptovoices.com Matthew and Alec interview Ben Prentice, co-creator of the wonderful gold-influenced website 'WTF Happened in 1971?' He is also a producer of the What Bitcoin Did podcast with Peter McCormack. He is both a student and teacher of Austrian Economics. Contents 00:00 Intro 02:15 Monetary economic history and gold 17:00 Triffin dilemma 21:15 A 'Need' to print money? 24:20 Inflation vs. Deflation 30:47 AI and prices 42:10 Long-term prices vs. wages 46:05 Future of the dollar 51:13 Bitcoin, regulation, centralization Links for more info: https://twitter.com/mrcoolbp https://wtfhappenedin1971.com/ https://www.whatbitcoindid.com/ Show Sponsor: hodlhodl.com/join/cryptovoices Hosts: Matthew Mezinskis, Michel, Alec Harris Music: New Friend Music newfriendmusic.com/ Podcast & videos Bitcoin, privacy, cryptoeconomics & liberty Thanks for watching! https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-second video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:38 Review of Fed Balance sheet (Base money) 02:24 BTC market cap vs. Fed Balance sheet 03:29 Power trendline: BTC penetration (95% R-squared) 09:15 Compare prior trendlines to this % Here we analyze, on a 95% R-squared power trendline, how the Bitcoin market cap compares to the total Fed Balance sheet. This is solely looking at the percentage, the penetration, of Bitcoin versus the Fed Balance sheet over time. We also predict out to 2030, as I like to do! Power trend coefficients: y = a * x ^ b y = y-intercept * x ^ slope y = 1.01E-16 * x ^ 599% Prior video that analyzed Fed balance sheet exponential trendlines: https://www.youtube.com/watch?v=bbmSgENk090 Prior video that analyzed BTC market cap power trendlines: https://www.youtube.com/watch?v=sVKzQYtX1PY Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-first video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 00:15 The balance sheet of the Federal Reserve 01:45 Disclaimer 1: Monetary base (Total Fed assets) 03:50 Disclaimer 2: Bitcoin is analogous to more than USD base money! 04:58 Recent Fed balance sheet activity 06:15 Bitcoin market cap data 10:05 Question 1: When was the Fed last at $1 trillion? 11:47 Question 2: When was the Fed last at $500 billion? Here we look at the history of Bitcoin's market cap, and how that compares with the monetary base of the dollar. Note, the dollar is just one (certainly the strongest) fiat network in the world, but there are many other fiat currencies that have their own monetary base and are not connected to the dollar at all! Also, I explain why the monetary base is the best monetary comparison to Bitcoin. Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ Here I look at the history of the United States Federal debt over 247 years. Is debt always needed? When does it grow? Is the central bank needed? How fast did the debt grow? Did one president do better in particular? How much debt is 'monetized,' or 'printed,' by the central bank? https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixtieth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 00:20 Review of debt after Vietnam 02:22 Ronald Reagan and US debt 04:25 Bill Clinton and US debt 09:47 US debt up to and during the GFC 15:24 US debt through Covid and until today 18:07 What does it mean to 'monetize' the debt? 24:12 Conclusion... and think about the dollar Here we look at the history of the United States Federal debt during the late 1900s, from the Reagan years, through the Clinton years, then the GFC, and through Covid stimulus until today. I answer an important question through it all... how much US debt is being directly 'monetized' by the Federal Reserve, and what does that mean? https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the fifty-ninth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 00:20 Review of 1800s during Gold standard 01:50 World War I 05:05 Fed debt holdings before Great Depression 08:00 Great Depression period 09:10 World War II 12:03 Vietnam War Here we look at the history of the United States Federal debt during the early and mid-1900s, from World War I, through World War II, and through the Vietnam War and the dawn of the fiat standard. https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the fifty-eighth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 00:25 First congress, first president, first constitution 01:20 Federal reserve ownership of government 01:55 Total public debt 03:13 Debt vs. Money 05:15 First Bank of the United States 07:20 Second Bank of the United States 09:05 Civil War 11:35 National Banking System 13:45 Classical gold standard Here we look at the history of the United States Federal debt during the 1800s, and how it relates to wars, central banking, and gold. https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the fifty-seventh video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 00:20 Log scale 01:20 Best BTC-fitting trend is power trendline 02:20 2010 power trendline 05:20 2012 power trendline 06:10 2014 power trendline 07:30 2016 power trendline 09:45 2018, 2019, 2020, 2022 & all-time trendlines 10:40 What do these good-fitting trends tell us about today? 12:04 What about projecting to 2030? Here we look at the best fitting trendlines across Bitcoin's USD-pricing data; from 2010, all the way until 2022, as well as all-time trendline (until 13 April 2023). All-time trend coefficients: y = a * x ^ b y = y-intercept * x ^ slope y = 7.23E-18 * x ^ 588% https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the fifty-sixth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 01:10 Fed Funds target rate 04:14 Fed Funds effective rate 05:29 Interest on bank reserves 08:40 US 1 year T-bill 09:13 US 2 year T-note 10:08 US 3 year T-note 10:35 US 5 year T-note 10:40 US 10 year T-note 11:00 US 20 year T-bond 11:20 US 30 year T-bond 12:44 Austrian Business Cycle Theory 16:20 Central bank planning board policy rates 18:55 Policy rates exacerbate booms and busts 20:20 Inverted yield curve means recession 22:00 Pretence of knowledge Here we look at the Federal Reserve policy rates, versus the market rate for US government securities. We use this backdrop to describe the basic Austrian Theory of the Business Cycle, and how the central bank exacerbates booms and busts. https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.