Podcasts: Read_434 - Bitcoin is One for All - Part 2 [Parker Lewis] 🔗 4 years ago

"The same is not true of the current monetary system. In the current structure, dollars can either be earned by delivering value to others within the economy, or conversely, if the Fed decides to hand out more money. And this happens quite frequently. Of all the dollars that exist today, over 80% have been created and allocated by the Fed since 2008" - Parker Lewis

The conclusion of Bitcoin is One for All, the latest installment of the Gradually, then Suddenly series by Parker Lewis. What is the true price setter in the economy? How is imbalance sustained for so long? What does the alternative look like? And will Bitcoin only benefit the rich, or is it one for all? Don't miss the rest of this amazing piece at Unchained-capital.com

Read the original and check out the data to visualize these effects and arguments at the link below: https://unchained-capital.com/blog/bitcoin-is-one-for-all/

Check out the entire Gradually, Then Suddenly playlist on Spotify here: https://open.spotify.com/playlist/4NRn7e8FbNtoCLSigf8GV4?si=RnrAdkrSTmmMrh6rECxrbg

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