Lyn Alden of Lyn Alden Investment Strategy and Jeff Booth, entrepreneur and author of The Price of Tomorrow held a lively discussion about technology as a deflationary force, long-term debt cycles, and Bitcoin as a solution to unpayable sovereign debt.Why Bitcoin is Not a Ponzi Schemehttps://www.swanbitcoin.com/why-bitco...The Fraying of the US Global Currency Reserve Systemhttps://www.lynalden.com/fraying-petr...7 Misconceptions about Bitcoin, and Where to Buyhttps://www.lynalden.com/misconceptio...The Greatest Gamehttps://medium.com/the-bitcoin-times/...Lyn Alden's Websitehttps://www.lynalden.com/Follow Lyn on Twitter: https://twitter.com/LynAldenContactJeff Booth's Websitehttps://www.jeffreybooth.com/Follow Jeff on Twitter: https://twitter.com/JeffBoothSummary:00:00 Introduction5:30 Break Down of the Dollar8:30 History of the Dollar as the World Reserve Currency16:30 Consequences of our Unstable World Monetary Policy18:25 Triffin’s Dilemma21:30 How Fiat Causes the Concentration of Wealth26:30 The Effects of Time-Theft32:00 Monopoly Money vs. Bitcoin40:00 World Reaction to Bitcoin, Deflation, & Network Effects47:00 Short Term Effects of a Potential “Unwinding”56:00 Debunking FUD56:30 “Bitcoin Is A Bubble”1:02:00 “Bitcoin’s Intrinsic Value Is Zero”1:03:00 “Bitcoin Isn’t Scalable”1:05:00 “Bitcoin Wastes Energy”1:07:30 “Bitcoin Is Too Volatile”1:09:15 “Bitcoin Is A Ponzi Scheme”1:13:00 “The Government Will Ban Bitcoin”1:15:00 Closing Thoughts1:20:00 SSL Sign-OffSwan Signal Live pairs great guests for compelling discussions about Bitcoin and economics. Subscribe and turn on notifications for more content from one of the best Bitcoin channels on YouTube. Find the audio podcast at https://swansignalpodcast.comConnect with Swan on social media:Twitter: https://twitter.com/SwanBitcoinTelegram: https://t.me/swansignalLinkedIn: https://www.linkedin.com/company/swan...Swan Signal Live is a production of Swan Bitcoin, the best way to accumulate Bitcoin through automatic recurring buys at https://swanbitcoin.com.Get paid to recruit new Bitcoiners: https://swanbitcoin.com/enlist
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