Read_559 - The Dollar Burden & Why the US Will Adopt Bitcoin [Ansel Lindner]

September 15, 2021 01:10:14
Read_559 - The Dollar Burden & Why the US Will Adopt Bitcoin [Ansel Lindner]
Bitcoin Audible
Read_559 - The Dollar Burden & Why the US Will Adopt Bitcoin [Ansel Lindner]

Sep 15 2021 | 01:10:14

/

Hosted By

Guy Swann

Show Notes

"we often hear the U.S. dollar called an “exorbitant privilege.” Namely, that the U.S. benefits disproportionately from the dollar’s reserve currency status. This article will detail why the current financial system has, in fact, been a burden on the United States, why the fiat dollar system is ending and what that means for the future of Bitcoin." - Ansel Lindner What if the dollar fiat reserve system isn't actually a great privilege, but is actually a burden that wears on the US success and growth? What if the best path forward to renew US growth and its importance in the global economy, was to adopt a Bitcoin standard? Don't miss another great Bitcoin Magazine read, this one from Ansel Lindner. Check out the original article below, plus tons of other great works at Bitcoin Magazine: https://bitcoinmagazine.com/markets/how-bitcoin-could-replace-the-u-s-dollar Check out our amazing sponsors below that keep this show alive, and all the things made audible for your listening pleasure! • The Fold Card will get you SATS BACK on EVERYTHING! You don't want to miss this with the Fold debit card, and gift card selection on the Fold App. Everything you already buy, except with sats back! Check them out at guyswann.com/fold for 5,000 free sats for signing up. • And the BitBox02 hardware wallet for keeping those sats SAFE! You need a secure, intuitive way to hold your digital money in a digital vault. That's the BitBox02 hardware wallet. Get 5% off with discount code "GUY" at guyswann.com/bitbox Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

September 08, 2024 02:03:39
Episode Cover

Chat_111 - Brollups, Ark 2.0, and 1000 tps with Burak

"Dark merchants would never use Lightning, right? Because well, you need a node ID, an entity... Versus Ark, you're not a node or entity....

Listen

Episode

July 18, 2023 00:44:53
Episode Cover

Read_749 - Economics of Bitcoin as a Settlement Network [Saifedean]

"The obsession with consumer payments in the Bitcoin community is an unfortunate relic of the fiat money era. Generations that have only known monetary...

Listen

Episode

February 17, 2023 00:40:09
Episode Cover

Read_702 - FediPools as a Solution to Centralization Risk [Marty Bent]

"If Fedipools prove to be viable we could find ourselves in a world where bitcoin mining pool centralization risk is significantly reduced and the...

Listen