
Guy's Take_090 - What if Bitcoin Saves the Dollar?
By Guy Swann
Aired Aug 29, 2024 · 1h 48m · Last boosted Sep 18, 2024
Chapters
Show Notes
Is the Bitcoin-Dollar theory a path to salvation or destruction for the US currency? Stablecoin issuers have become major buyers of US bonds, and political figures have flipped the script to embrace Bitcoin. What does this mean for the future of money, and will Bitocin reinforce dollar dominance or pave the way for a new monetary standard? It's time for a Guy's Take episode. Links to check out Whitney Webb & Mark Goodwin's research on the Bitcoin Dollar theory The Bitcoin Reformation by Tuur Demeester Lyn Alden's work on banking crises and global financial systems Preston Pysh's...
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Episode Boosts
Every boost sent to this episode, as published to Nostr, newest first.
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Great Guy's Take as always.
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Yay
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Great show. I’ve been worried about it but instinctively something didn’t seem right and you’ve explained my concerns really well. 🤣even though I didn’t even know they were my concerns.
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Long drive today. Wife slept in the passenger seat, toddler in the back. Prime time Guy time. Keep rocking brother! 🤙🏻
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Great episode! Just my take: comparing stablecoins to banks isn't quite right - they're more like money market funds in your pocket. They could indeed lower barriers and the Fed would one day be willing to print if stablecoins (like mmfs in the past) "break the buck". Brrr… -> Another win for bitcoin. Stablecoins might also drive demand for short-term govies, which might become scarce as MMFs are used as collateral in this world where still no bank trusts any other without the right collateral at the right time. Repledging not counted for here. Overall, I agree - most fiat and shitcoins will fail, Bitcoin layers will win, and the dollar may stick around as the "cleanest dirty shirt" for a while. But it's time to get a clean shirt - get Bitcoin.
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👍🏻👍🏻🫡🫡
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Saying all the things I've been thinking after listening to multiple podcasts with Whitney and Mark making their rounds after publishing their new article. Glad I'm not the only one
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This is a great podcast to fall asleep to.
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Love this episode and love this podcast. I’m honoured to have the ability to easily send you value for the value you provide me, without having to ask permission from anyone
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