"Bitcoin’s capped supply is one of its most well-known features, and it is regularly cited as a hedge against inflation caused by government money printing. Most people don’t know that Bitcoin has another attribute that acts as a hedge against a far larger risk." - Nick Neuman
Today we read a short article on Bitcoin Magazine that shines light an incredible benefit of the Bitcoin system that isn't so widely understood. It isn't simply an independent monetary policy, its an independent monetary system, and by that fact a hedge against the instability of much more than merely inflation. Listen to today's episode to find out more!
Link to the original with tons more to explore from the author and recent articles at Bitcoin Magazine: https://bitcoinmagazine.com/articles/bitcoin-more-than-an-inflation-hedge
Mentioned, The Yield from Money Held by Hans Hoppe: Read: https://mises.org/library/yield-money-held-reconsidered#:~:text=According%20to%20Keynes%2C%20the%20government,stimulate%20both%20consumption%20and%20investment. Listen: https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_122---The-Yield-From-Money-Held-Reconsidered-e2ndqn
A huge thanks to LTBN, Bitcoin Magazine, and of course Swan Bitcoin! Start your auto stacking of sats and get $10 free at SwanBitcoin.com/Guy