In this episode of our Making Sense of #Crypto and #Web3 series, Stephen Diehl is joined by economist and data scientist, Matthew Ranger, in a discussion on crypto assets from an economics perspective.
Listen to the podcast and read more here: https://web3.lifeitself.us/notes/a-macroeconomics-perspective-on-cryptocurrencies
You can learn more about Matthew and his work here:
To learn more about our Making Sense of Crypto & Web3 project, visit https://web3.lifeitself.us/
0:00 – Introduction
02:18 – Mainstream economists on crypto assets
03:50 – Can crypto assets function as money?
12:38 – Can the volatility of Bitcoin subside?
15:08 – Comparing Bitcoin and the gold standard
18:58 – What happened in 1971?
28:41 – Austrian Economics
33:54 – The problems with private money
36:47 – What sort of financial assets are crypto assets?
42:17 – What makes Bitcoin a negative sum product?
44:15 – Do crypto-investments have any income?
45:58 – Can crypto assets be used as a hedge against inflation?
48:20 – Why would I add one of these assets to my portfolio?
50:35 – What are the risks associated with investing in crypto assets?
55:23 – How systemic is market manipulation within these markets?
If you found this video insightful please give it a like and consider subscribing to our channel. By doing so you will be helping us bring this necessary knowledge to a bigger audience.
Life Itself is a a community of people seeking a wiser world.
Looking around us we can see that neither our society nor our planet are as well as they should be. Greater wisdom is needed both in diagnosis and in finding cures.
We emphasize wisdom because we believe this is about more than finding a quick-fix in technology or politics — it is about finding something deeper within ourselves and our societies.