The Economics of Bitcoin | Lyn Alden, Preston Pysh, Max Hillebrand & Allen Farrington
CheatCode
Four economists—Lyn Alden, Preston Pysh, Max Hillebrand, Allen Farrington—argue Bitcoin is sound money while Fiat currency expansion is the cheat code distorting capital allocation. Core arguments: GDP measures consumption/destruction rather than wealth creation; money supply growth rate (not CPI) is the true hurdle rate; Fiat printing simultaneously enables worse-quality investments and overconsu
https://relay.towardsliberty.com/1204b91e8e9d944f14bea5a93105104c89ddf931622096d22ed74c5cae0f9f79.mp4
CheatCode
Four economists—Lyn Alden, Preston Pysh, Max Hillebrand, Allen Farrington—argue Bitcoin is sound money while Fiat currency expansion is the cheat code distorting capital allocation. Core arguments: GDP measures consumption/destruction rather than wealth creation; money supply growth rate (not CPI) is the true hurdle rate; Fiat printing simultaneously enables worse-quality investments and overconsu
https://relay.towardsliberty.com/1204b91e8e9d944f14bea5a93105104c89ddf931622096d22ed74c5cae0f9f79.mp4