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Guy's Take_090 - What if Bitcoin Saves the Dollar?

By Guy Swann

Aired Aug 29, 2024 · 1h 48m · Last boosted Sep 18, 2024

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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...

Nostr Boost Stats

sats
19k
boosts
11
boosters
11

Nostr Community

Everyone who has boosted Guy's Take_090 - What if Bitcoin Saves the Dollar? on Nostr, ranked by sats sent, all time.

  1. aco 5k sats
  2. Clarkian 5k sats
  3. Vake 2.2k sats
  4. Michael Matulef 2.1k sats
  5. Vaultbyte 2.1k sats
  1. QW 1k sats
  2. unknown 500 sats
  3. godsdeth (dr4kdr0u) 237 sats
  4. btconboard #LNHANCE or #CTV 200 sats
  5. No One 100 sats
  6. Gammadust 100 sats
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Thanks for all your work, guys. I don't always agree with you but appreciate you regardless. I'm trying to add to the free, private, decentralized apps space based on p2p protocols and design using the Pear stack. So far I have a family/group calendar, family/location sharing and screen time apps. Please check out what I've got so far at https://peerloomllc.com or check out @npub16u9hy2m8w… on NOSTR.
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Congratulations David. Don’t stop believing in yourself and what you are achieving in the space. ✊🏼🧡💜
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Congratulations fellow Sir. What an accomplishment. Thank you
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Been passively stacking with Fold+ for a couple years now, about 13mm sats. I spend over 10k/month to get ACH rewards of about 1% back on my mortgage and a few other bills. Recently got a Venmo CC to get greater % rewards on bills and groceries (1-3%) and then they auto buy BTC at statement period end. I am planning to go all in with the Fold CC once it's released, though.
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The reporter goes, “Chairman Powell, can we even stop this Bitcoin thing, or do you even want to?” And he’s like, “Honestly? Nah, we can’t - and we’re not gonna bother trying anymore. Big money’s already all in. Might as well just roll with it. You already bought your ticket? Well, then, enjoy the ride!”
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Paul is arguing that Lightning doesn't work because it doesn't scale to 8 billion? Has anyone claimed it would? Does any monetary system we have scale to the whole world? Appeals to authority, admitting he hasn't used it in recent years, clearly has an axe to grind about a different solution (drive chains). Seeing more and more "OGs" who are disappointing. Slay your heroes, fam.
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Mid and upper models of Flair Espresso maker are plastic free in the brewing areas and around $400-500. Tradeoff is it’s manual but that is just more proof of work. Pair with a metal hot water kettle and you’re all set.
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Episode Boosts

Every boost sent to this episode, as published to Nostr, newest first.

  • 2,100 via Fountain
    Great Guy's Take as always.
  • 100 via Fountain
    Yay
  • 500 via Fountain
    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.
  • 1,000 via Fountain
    Long drive today. Wife slept in the passenger seat, toddler in the back. Prime time Guy time. Keep rocking brother! 🤙🏻
  • 2,100 via Fountain
    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.
  • 5,000 via Fountain
    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
  • 2,200 via Fountain
    This is a great podcast to fall asleep to.
  • 100 via Fountain
    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
  • 5,000 via Fountain
    V4V