CK sits down with founder of the Amber App and The Bitcoin Times Aleks Svetski to discuss his recent Bitcoin Magazine Article "Because Bitcoin Is A Necessity, Its Economy Will Be Circular."
This was a wide ranging conversation covering many of the first principle arguments for Bitcoin and sound money. This is a great podcast to share with bitcoin beginners.
Link to the Article: https://bitcoinmagazine.com/articles/because-bitcoin-is-a-necessity-its-economy-will-be-circular)
Topics:
*Bitcoin is the perfect money in that it embodies all of the properties and functions of money
*Money is arguably the most important invention of mankind, and is the mechanism by which we measure time and energy and the communication medium through which we collaborate
*Major transformations like Bitcoin are progressions which diffuse through society in memetic fashion.
*When you look at modern economics and the fiat money
*Discussing the issues with MMT
*Local peaks and Valleys for our money system.
*Payments and financial privacy will not get better under the existing system, they’re only going to get worse.
