Read_774 - Bitcoin Won't Fix the Federal Reserve

October 26, 2023 00:37:53
Read_774 - Bitcoin Won't Fix the Federal Reserve
Bitcoin Audible
Read_774 - Bitcoin Won't Fix the Federal Reserve

Oct 26 2023 | 00:37:53

/

Hosted By

Guy Swann

Show Notes

"Will Bitcoin adoption improve the monetary policy behaviors of the Federal Reserve? I submit that it won’t. I do not see the incentive for the Federal Reserve to give into anyone or anything, let alone Bitcoin. Be honest, Bitcoin is surely not big enough to be a threat to the U.S. dollar. The United States is far more concerned with U.S. dollar dominance being threatened by, say, the Chinese yuan. Bitcoin on its own has not destabilized anything." — George Kaloudis


Will the Federal Reserve be "reigned in" thanks to Bitcoin? Will the continued success of Bitcoin's growth and network effect mean that the Federal Reserve capitulates? That they admit the failures of their approach and start appeasing the sound money tropes and calls for austerity? George Kaloudis makes an entertaining case in today's read, that the answer is in fact, "No."


Check out the original article at:

https://bitcoinmagazine.com/markets/bitcoin-wont-fix-the-federal-reserve


If you want to support the show and an awesome new service, check out Prodcast.io to purchase any books (and other products in the future) that i have recommended on the podcast:

Bitcoin Audible – Prodcast


Check out our amazing sponsors who make this show possible:


-----------------------

“You only live once, but if you do it right, once is enough.” ― Mae West

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

February 16, 2021 02:01:17
Episode Cover

Read_495 - An Economic Analysis of Ethereum [Lyn Alden]

“The annual issuance rate with all those annotations kind of looks like it was drawn by a Bitcoiner making fun of Ethereum, but instead...

Listen

Episode

August 09, 2019 00:34:51
Episode Cover

CryptoQuikRead_282 - The Right to Read [Richard Stallman]

Do we live in an age of liberty, where information is freely accessible, or an age of heavy-handed copyright restrictions where we are losing...

Listen

Episode

August 22, 2025 01:27:42
Episode Cover

Read_898 - How to Position for the Bitcoin Boom

The institutional era of Bitcoin has begun, and will make this likely one of the most significant and important bull runs in Bitcoin's history....

Listen