In this episode, we discuss the concept of fiscal dominance vs monetary dominance. We borrow a lot from Lyn Alden and many of her recent podcasts. This episode is less about bitcoin and more about the general macro topics.

The purpose of this podcast is to provide information to newbies, so that they can start begin their journey to learn about bitcoin and decide if they want to delve further.

In this episode, we discuss a model framework (borrowed from another podcast - we reference and give credit during our conversation) in how to think about bitcoin. Model 1 - Bitcoin changes the world. Model 2 - Bitcoin fails and goes away. Model 3 - Bitcoin is just another speculative investment.

We have our opinions, but we try to provide facts and information so that you can make up your own mind. Thanks for listening!

In this episode, we discuss the Bitcoin whitepaper.

Here is the link: The Whitepaper

Take the time to read it. It is only 9 pages, and you will get the gist of what they were trying to do. The problem of being able to send value over a digital network sounds simple, but many people had been working on it for some time. This paper came up with a clever way to utilize a network of actors that would utilize their computer power to establish a distributed ledger that is verified by consensus.

This experiment slowly grew into a network that now has a total value of over $1 Trillion. And its just going to keep growing as more and more people worldwide adopt the technology.

We are just getting this podcast off the ground. Stay tuned for a lot more good information to help you get started on your journey of learning about bitcoin. Thanks for listening.