Episode Details

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.