Bitcoin's value proposition - interview with Croesus

Today Shimon is joined by Croesus - one of the best twitter handles to follow on bitcoin. We discuss Bitcoin's value proposition, its comparison to the stock market, inflation and a lot more.

- Business school attitudes towards bitcoin
- Ethereum as a technology vs bitcoin as a breakthrough in money
- Bitcoin bootstrapping itself from nothingness to being an increasingly credible store of value
- The significance of halving cycles
- Hyperinflation and price stability
- The stock market as a hedge against inflation
- Life experiences of losing faith in the credibility of government's monetary policy
- The M2 money supply chart going up and to the right with an annual growth rate of 8% even before the latest monetary stimulus package
- Why is an 8% increase in the money supply result in only 2% CPI inflation
- Basket of goods changing in the CPI index
- The technological deflationary environment offsetting the inflationary pressure created by monetary expansion
- Keynes' statement "in the long term we're all dead"
- Is price stability and full employment good targets for the federal reserve?
- Banning bitcoin is sanctioning yourself
- Government supporters of Bitcoin (Cynthia Lummis, Margaret Croke and others)
- The privatization of money
- Democracy as a platform that is conducive to monetary expansion
- Gold mining creates an uncertainty in its supply schedule
- Portfolio rebalancing - is it a good strategy?
- Bitcoin as pristine collateral
- Is the stock market a good protection against inflation vs Bitcoin?
- Land as a store of value
- Bitcoin's monetary policy as a technology that has never existed before.

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