Counterparty Free Money with Nik Bhatia

In this episode of The Pomp Podcast, host Anthony "Pomp" Pompliano talks with Nik Bhatia, the author of the new book, Layered Money, and Adjunct Professor of Finance and Business Economics at USC Marshall. They discuss an overview of the monetary system, layered money, the recent OCC ruling, the coexistence between bitcoin and CBDCs, and counterparty free money.

Interview timestamps:

00:00 - Intro
00:47 - Background
03:53 - Monetary Systems 101
06:52 - Why hard money matters
09:29 - When hard money fails
11:28 - Counterparty-free money
13:46 - Why people are flocking to hard money
16:30 - Hard assets for financial institutions
19:03 - CBDC’s and bitcoin
23:12 - Multi-currency life
26:54 - 25-year outlook
29:51 - Where to get Nik’s book
30:48 - books
31:24 - sleep
32:37 - aliens
33:40 - Pomp question

The episode aired on February 3, 2021.