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Bitcoin & Markets

May 3, 2023

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This episode was recorded on April 10, 2023. I go over the news of the week, but the topics and discussion is ever-green content. You can find the whole version here:

I start by pointing out the silliness of gold bugs continuing to champion a gold-backed digital currency. This is not new, and can't work. They also misunderstand what a CBDC is. They think it will lead to a "cashless" society, when a CBDC is a digital form of cash!

Next, we talk about other news like Russia becoming the second largest bitcoin miner and setting the stage for great power competition over bitcoin mining, Bitcoin Stamps as a new protocol for storing stuff on the bitcoin network, the dedollarization derangement syndrome, and finally a bitcoin perspective on the unassailable dollar position.  Enjoy.


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Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research.

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