Inflation & the Role of Bitcoin with Steven McClurg

SHOW NOTES:
https://www.whatbitcoindid.com/podcast/inflation-the-role-of-bitcoin

In this interview I talk to Steven McClurg, Co-Founder of Valkyrie Investments. We discuss the problems of rising inflation, fragility in equities and bonds, and if Bitcoin can serve as a hedge.

THIS EPISODE’S SPONSORS:
Gemini – https://www.gemini.com/
BlockFi – https://blockfi.com/peter
Sportsbet.io – https://sportsbet.io/?ref=wbd
Casa – https://keys.casa/?pk_campaign=wbd-yearly-sponsor&pk_medium=sponsorship&pk_source=what-bitcoin-did
Exodus – https://www.exodus.io/
Ledger – https://www.ledger.com/
Compass Mining – https://compassmining.io/

TIMESTAMPS:
00:00:00 Introduction
00:05:21 Housing and bonds
00:19:38 Broken incentives
00:31:27 Unpalatable cure
00:39:57 Bitcoin’s Role
00:50:13 Mad world

WHERE TO FIND THE SHOW:
→ My website: https://www.whatbitcoindid.com/podcast/
→ iTunes: https://apple.co/2OOlzVV
→ Spotify: https://spoti.fi/2ygc4W1
→ Stitcher: https://bit.ly/2IQO8fX
→ SoundCloud: https://bit.ly/2CGSVQR
→ YouTube: https://bit.ly/3nyi9Ez
→ TuneIn: https://bit.ly/2ywystr

LISTEN TO OLD EPISODES:
→ By guest: https://www.whatbitcoindid.com/guests/
→ By topic: https://www.whatbitcoindid.com/topics/
→ Transcriptions: https://www.whatbitcoindid.com/transcriptions/

SUPPORT THE SHOW:
https://www.whatbitcoindid.com/sponsorship/
→ Become a Patron: https://www.patreon.com/whatbitcoindid/
→ Subscribe on iTunes
→ Leave a review on iTunes
→ Share the show out with your friends and family on social media
→ Drop me a line on hello@whatbitcoindid.com

WHERE TO FOLLOW ME:
→ Twitter: https://twitter.com/whatbitcoindid/
→ Medium: https://medium.com/@whatbitcoindid/
→ Instagram: http://instagram.com/whatbitcoindid/
→ Facebook: https://www.facebook.com/whatbitcoindid/
→ YouTube: https://www.youtube.com/whatbitcoindidpodcast
→ Website: https://www.whatbitcoindid.com/
→ Email list: https://www.whatbitcoindid.com/subscribe/

LEARN ABOUT BITCOIN:
→ Step by Step Guide: https://www.whatbitcoindid.com/beginners-guide
→ Training: https://www.whatbitcoindid.com/training/
→ Resources: https://www.whatbitcoindid.com/resources/

****

“If the government is printing 5% more dollars and they’re using that money to do things, they have essentially taxed you with the money that you already have without you knowing it.”
— Steven McClurg

Location: Nashville
Date: Wednesday 29th September
Company: Valkyrie Investments Inc
Role: Co-Founder

Mainstream economists consider a benchmark rate of 1-3% price inflation optimal to promote consumption and economic growth. However, as prices rise, savers lose purchasing power, and asset holders increase their net worth.

Over the last 18 months, more than $5 trillion dollars have been created in the US alone, and legislation that would spend over $3 trillion more is under consideration. This increasing supply of money is driving prices higher.

Today, Consumer Price Inflation has sustained a 30-year high of over 5%, and it may be threatening to go higher.

So what happens next, and how does Bitcoin fit in?

In this interview I talk to Steven McClurg, Co-Founder of Valkyrie Investments. We discuss the problems of rising inflation, fragility in equities and bonds, and if Bitcoin can serve as a hedge.

(Visited 9 times, 1 visits today)

You might be interested in

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *

eos
EOS (EOS) 3,50 3,28%
aave
Aave (AAVE) 212,27 5,04%
the-graph
The Graph (GRT) 0,871135 2,17%
kusama
Kusama (KSM) 317,00 9,52%
waves
Waves (WAVES) 18,09 7,85%
dash
Dash (DASH) 158,79 0,70%
bitcoin
Bitcoin (BTC) 50.935,77 6,27%
ethereum
Ethereum (ETH) 3.834,16 7,32%
cardano
Cardano (ADA) 1,41 6,14%
tether
Tether (USDT) 0,883504 0,01%
xrp
XRP (XRP) 0,862555 5,01%
solana
Solana (SOL) 178,11 7,29%
polkadot
Polkadot (DOT) 32,32 6,79%
usd-coin
USD Coin (USDC) 0,883504 0,02%
dogecoin
Dogecoin (DOGE) 0,183157 3,31%
uniswap
Uniswap (UNI) 17,82 5,89%
terra-luna
Terra (LUNA) 44,39 16,61%
litecoin
Litecoin (LTC) 177,51 4,56%
chainlink
Chainlink (LINK) 22,00 4,96%
bitcoin-cash
Bitcoin Cash (BCH) 502,85 2,60%
algorand
Algorand (ALGO) 1,52 4,72%
matic-network
Polygon (MATIC) 1,47 5,67%
stellar
Stellar (XLM) 0,289167 2,47%
cosmos
Cosmos (ATOM) 24,28 5,91%
filecoin
Filecoin (FIL) 49,81 1,08%
tron
TRON (TRX) 0,084454 3,36%
ethereum-classic
Ethereum Classic (ETC) 42,00 3,17%
dai
Dai (DAI) 0,883504 0,06%
tezos
Tezos (XTZ) 4,11 2,89%
monero
Monero (XMR) 210,87 6,81%