The Economics of Bitcoin with Lyn Alden, Preston Pysh, Allen Farrington, Max Hillebrand

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https://www.whatbitcoindid.com/podcast/the-economics-of-bitcoin

“Bitcoin is how life should always have been, the cheatcode is fiat money printing…if you print money you get wealthier while other the others who use the money get poorer; but with Bitcoin nobody can print money anymore, and that means the cheatcode is finally gone, and what feels like a cheatcode right now is actually just human life.”
— Max Hillebrand

Lyn Alden is a macroeconomist, Preston Pysh is a founder of The Investor Podcast Network, Allen Farrington is the author of Bitcoin Is Venice & Max Hillebrand is an economist & entrepreneur. In this interview, they discuss Bitcoin vs fiat, inflation and why Bitcoin is the best money.

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TIMESTAMPS:
00:00:00 Fiat cheatcode; Bitcoin’s money use case
00:09:57 GDP, distortion, capital, & time preference
00:20:34 Hurdle rate, inflation, & investment
00:26:03 Incentives, scarcity, & malinvestment
00:33:05 Debt & saving; Bitcoin & governments; further reading

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#Bitcoin #Finance #Economics