Bitcoin & Markets

In this episode, I listen and react to Michael Saylor's appearance on Hedgeye. Their conversation is pretty straightforward. Michael is a buy and hold guy and is trying to convince a trader of the benefits of picking and sticking to an exponential investment versus trading in and out of a position for a few percentage point gain.

Show notes: https://bitcoinandmarkets.com/e221

Follow: @AnselLindner and @btcmrkts

Blog: BTCM Research https://btcm.co

Today, I listen along with you to Raoul Pal's recent video The Bitcoin Life Raft and react to it. He is a macro forecaster and concentrates on bitcoin and Central Bank Digital Currencies. I disagree to many nuanced points and I think it is a great learning experience for the audience to step through these ideas together.

Original video: https://youtu.be/qL2LfVRl3J0?t=315

Full show notes: https://bitcoinandmarkets.com/e220/

I agree there's problems, but not the things he lays out. I believe his arguments show he has not considered monetary convergence and has a relatively mainstream understanding of the current system.

Raoul claims the CBDCs are a way to address the problems he has laid out. Again, I disagree that the problems are what he says, and I also disagree that CBDCs can do what he thinks.

The three big problems he lays out:

In this episode, I voice my support for Peter Schiff against the baseless allegations currently being leveled at him. Then I dig into a slightly older tweet from earlier this year, where Peter talks about gold and scarcity. I take it piece by piece and discuss all the economic ideas behind why he is wrong.

Website: https://bitcoinandmarkets.com/membership/

Twitter: https://twitter.com/btcmrkts

https://twitter.com/ansellindner

Links

Peter's response video https://youtu.be/euabgDdLToA

Old tweet about scarcity https://twitter.com/PeterSchiff/status/1294735621035089926?s=20

In this episode we walk through a discussion of money supply, Fed policy, and velocity, to find out if inflation is coming to the dollar. This is an important concept for bitcoin because many people believe bitcoin's fate is tied to a weak dollar, which it is not.

Website: https://bitcoinandmarkets.com/e218

Twitter: https://twitter.com/btcmrkts

https://twitter.com/ansellindner

Links

M0: https://fred.stlouisfed.org/series/BOGMBASE

M1: https://fred.stlouisfed.org/series/M1

M2: https://fred.stlouisfed.org/series/M2

GDP: https://www.investopedia.com/terms/g/gdp.asp

The beloved bitcoin podcast is back with a reaction and hot takes on a recent interview between Danielle DiMartino Booth and Bitcoin Magazine's show Fed Watch. The show starts with an update on this podcast's current and future direction, then we listen to the recent interview, and finally react to it.

In this episode, I read through the new Europol EC3 Cyber Bits April and May issues where they talk about Wasabi wallet and bitcoin mixing in general.

Full show notes at https://bitcoinandmarkets.com/e216

My copy: https://bitcoinandmarkets.com/wp-content/uploads/2020/06/Europol-Wasabi-Wallet-Report.pdf

Original: https://www.tbstat.com/wp/uploads/2020/06/Europol-Wasabi-Wallet-Report.pdf

Next part is on why you should Delete Coinbase. They are trying to sell your data to the DEA and the IRS.

Story: http://archive.vn/40K7t

Janine thread on Neutrino and now Coinbase's crimes against human rights. Coinbase owns the technology from https://twitter.com/J9Roem/status/1100876184999596054?s=20

In this episode, I base a discussion about bitcoin and ethereum inflation around a tweet from Ryan Sean Adams, a popular etherean. I touch on the bitcoin halving, the fact that bitcoin's supply is not changing, and how ethereum wants to copy bitcoin and make unwarranted comparisons.

Tweet: https://twitter.com/RyanSAdams/status/1259877725550055431?s=20

Full show notes at https://bitcoinandmarkets.com/e215

In this episode I walk through an understanding of Liquidity and how the actions of the Federal Reserve can't increase liquidity and flow in the economy. I also give a quick definition of the REPO market and interpret it as a money substitute factory - a place that creates and destroys money substitutes. This is the consensus layer of the global financial system and how we need to define what money is. It's money substitutes that flow through the REPO and money markets.

Mises on money​ substitutes

https://wiki.mises.org/wiki/Money_substitutes

Jeff Snider

https://www.youtube.com/watch?v=OM_J-4fJYEk

​Excellent REPO market resource

​https://www.icmagroup.org/Regulatory-Policy-and-Market-Practice/repo-and-collateral-markets/icma-ercc-publications/frequently-asked-questions-on-repo/4-how-big-is-the-repo-market/

​Highlighted Fed paper on Discount Window Stigma and how they try to address it

https://hyp.is/go?url=https%3A%2F%2Fwww.federalreserve.gov%2Feconres%2Fnotes%2Ffeds-notes%2Fstigma-and-the-discount-window-20171219.htm&group=__world__

In Part 3, I answer some critiques and questions from the audience. The discussion on liquidity and Repo, the base layer of the Eurodollar system is now moved to Part 4 coming up soon.

Questions from Epistemicrisis, Xan, CryptoGamer and Colin Harper.

WTF is happening with the Fed?! - Is this inflation w/ Ansel Lindner - WTF 5

https://podcasts.apple.com/lu/podcast/wtf-is-happening-fed-is-this-inflation-w-ansel-lindner/id1459884105?i=1000472534928

Website: https://bitcoinandmarkets.com/e213

In this episode I tackle different types of money, debt, fiat and commodity monies. I discuss how they behave differently as a global money standard. Debt has a unique aspect of global deflation that's not shared with other forms of money. I discuss bailouts at money replacement, not money expansion. Finally, I wrap up with how this all ends.