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Correcting Gold Bugs, plus Important Bitcoin Updates - Daily Live from 4/10/23 | E342
Bitcoin & Markets
English - May 03, 2023 13:56 - 15 minutes - 11.7 MB - ★★★★★ - 75 ratingsInvesting Business News Tech News blockchain bitcoin btc business crypto cryptocurrency economics eth technology Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Full show notes with links and charts: https://bitcoinandmarkets.com/e342
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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: https://youtu.be/S34DsB6DdZQ.
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.
Links Original live stream Bitcoin Fundamentals Report #236 Russia mining #2 in the world Bitcoin Stamps---
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#bitcoin #macro #gold
Full show notes with links and charts: https://bitcoinandmarkets.com/e342
Telegram https://t.me/bitcoinandmarkets
Twitter https://twitter.com/AnselLindner
FREE weekly newsletter https://tinyurl.com/2chhbnff