CASTAMATIC Features

14: Can't spell stagflation without oil and gas

Bitcoin Dad Pod

May 8, 2022

Pre-show Tease

  • The Roblox saga continues

News

Mainstream

Economics

  • Economics Mini-Series: Three articles to grok the current monetary and energy transition
    • Lyn Alden's epic What is money? condenses 5000 years of monetary history into a half hour read
      • Understand previous monetary transitions so the current one doesn't surprise you >The Swiss dropped their gold standard when I was twelve years old, which was six years after Amazon was founded, and three years before Tesla was founded. The fiat/petrodollar standard is only four times older than bitcoin, and only two times older than the first internet browser. That’s pretty recent when you think about it like that.
    • Lyn Alden's Investing during stagflation
      • The last 20 years of low interest rates are bad experience for understanding high interest rate/high inflation investing
    • Arthur Hayes' Doom Loop is worth a second read, plays out the trades that lead to million dollar bitcoin
      • Government Debt Spiral + energy crisis = YCC
      • High inflation US, Breakup of EU, China divests dollars into energy, gold, btc?
      • China's savings is a big problem

Energy

Tokenomics

  • Lyn Alden took the time to quantify how much volatility it will take to break the TERRA-LUNA peg and how selling bitcoin reserves could trigger a market crash
  • Solana needs another restart, POS is going great!
  • NFT activity is flatlining surprising no one who took 10 minutes to think about the fundamentals of 'non-fungible tokens' HINT: the key is 'non-fungible'
    • See the raw data here

Bitcoin Education

Feedback

Outro

Sponsors and Acknowledgements

Music by Lesfm from Pixabay
Self Hosted Show courtesy of Jupiter Broadcasting

This episode is from Bitcoin Dad Pod whose proprietor has full ownership and responsibility on its contents and artworks. It was shared using Castamatic, a podcast app for iPhone and iPad.