Show notes
Pod 31:
- G: Taproot goes live l & another one
- G: Miami to airdrop bitcoin to its citizens:
- G: Compass mining are struggling to keep up with demand for their miners, people are pissed
- R: Savers are losers
- G: Inflation video from Pomp & Schiff, “they’ll say people eat dog food not steak to claim inflation doesn’t exist”
- G: more inflation, US says inflation is 6.2% the highest in 31 years but using old CPI rules it’s nearer 15%
- G: Biden treasury nominee suggests the end of private bank accounts, put them all at the fed so in the event of inflation they can ‘contract’ the monetary supply:
- G: lockdown splurges spark buyers remorse
- G: Fud of the week: nocoiner cries and says bitcoin isn’t a currency as it’s going to zero
- G: more fud of the week: Roger thinks fiat money is good, bitcoin bad:
- Bitcoin Lesson: the Cantillon Effect the most important economic effect you’ve never heard of
- Rekt of the week: PlanB, Willy Woo, Will Clemente the top traders of bitcoin twitter pulling some bull market scammy stuff, don’t trade kids
- Shitcoin corner: shitcoiner loses $1m+ worth of shitcoins and nfts as he “got tired” of using a hardware wallet
- D: aaaaaand finally: take the vax get a BJ 💦