On this episode of Satoshi Saturdays, we get into the root of our issues ... central banking and the central control of money creation. How does someone borrow something that doesn’t exist? And how does someone profit by lending something at a cost that doesn’t exist? This is wrong, and we would argue the reason human civilization is currently degrading in principles and ways of life.
Satoshi Saturdays is a short form news outlet focused on bitcoin and the Bitcoin network. We want to share with you the hottest topics of the week. Listen on your way to work, at the gym, or even with your friends and family!
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Show Notes:
00:00 - Intro
01:15 - Bitcoiners are time travelers
03:00 - Legislation and Bitcoin
05:45 - Bitcoin and bitcoin
06:20 - Do we root for regulation?
07:30 - Silvergate
10:00 - Not being able to report loses
12:12 - Money works just fine
15:00 - They’re stealing your value
15:58 - Cost of Money
18:45 - The effects of interest rates
21:00 - Purchasing power for median home
22:11 - Shitty money shitty people
23:17 - wrap up
Content for The Nyc & Griff Show and Satoshi Saturdays is not financial advice and is to be used only as our opinions. The opinions we express are only representations of our own individual thoughts and no one else we are associated with.