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Bitcoin's Meteoric Rise and the Complexities of Global Monetary Systems
A CLIP FROM -- Porkopolis Economics: Episode 180
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Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.
In this clip from the Porkopolis Economics: Episode 177 live stream, Matthew explores Bitcoin’s staggering rise and its comparison to global monetary bases. He discusses how Bitcoin has now surpassed the British pound sterling in monetary base value and is approaching M0 of the United States. Diving into the broader financial landscape, Matthew explains the relationship between base money (M0), broad money (M3), and the global monetary system, which he estimates at around $125 trillion.
Contents:
00:00:17 - Bitcoin's Remarkable Rise Compared to Monetary Bases
00:01:14 - The Dual Nature of Money: Central Bank vs. Bank Money
00:01:57 - The Dollar's Role in the Global Monetary Base
00:02:48 - The Vast Scale of Global Financial Systems
00:03:46 - The Dominance of the Dollar in Global Monetary System
Host: Matthew Mezinskis
https://porkopolis.io
Twitter: https://x.com/crypto_voices?lang=en
Show content is not investment or financial advice in any way.
#bitcoin #money #trendlines #cryptocurrencynews #news #cash
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