Bitcoin As a Hedge Against Economic Uncertainty
Lyn Alden, investment manager and macroeconomic thinker, and Jeff Booth, technology entrepreneur and author of Price of Tomorrow, and Brady Swenson, head of education at Swam, held a lively discussion about technology as a deflationary force, long-term debt cycles, and Bitcoin as a solution to unpayable sovereign debt.
Episode Summary and Chapters
00:00:00 - Introductions
00:01:45 - The four models of government financing
00:06:12 - The consequences of monetary manipulation
00:15:23 - Bitcoin as a hedge against economic uncertainty
00:20:32 - The consequences of fighting against deflation
00:22:24 - Bitcoin portfolio allocations and risk management
00:26:34 - Legitimizing Bitcoin as an investment asset
00:28:35 - Lyn's Bitcoin touchpoints
00:32:17 - Jeff's Bitcoin risk analysis
00:34:44 - The likelihood of a Bitcoin ban
00:38:32 - Learning from monetary history
00:41:02 - Fighting deflation with monetary inflation
00:46:44 - A peaceful path to Bitcoin?
00:55:07 - Price speculation and changing the unit of account
01:00:38 - Treasuries and inflation
01:09:18 - Closing thoughts
The video was recorded on July 29, 2020.