Crypto Voices
Crypto Voices
Matthew Mezinskis
PE61: Bill Clinton and Bitcoin (I)
15 minutes Posted Apr 21, 2023 at 1:34 pm.
Intro
The balance sheet of the Federal Reserve
Disclaimer 1: Monetary base (Total Fed assets)
Disclaimer 2: Bitcoin is analogous to more than USD base money!
Recent Fed balance sheet activity
Bitcoin market cap data
Question 1: When was the Fed last at $1 trillion?
Question 2: When was the Fed last at $500 billion?
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Show notes
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This is the sixty-first video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.
Contents
Here we look at the history of Bitcoin's market cap, and how that compares with the monetary base of the dollar. Note, the dollar is just one (certainly the strongest) fiat network in the world, but there are many other fiat currencies that have their own monetary base and are not connected to the dollar at all! Also, I explain why the monetary base is the best monetary comparison to Bitcoin.
Host: Matthew Mezinskis
https://porkopolis.io
https://twitter.com/crypto_voices
Show content is not investment or financial advice in any way.