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This is the sixty-first video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.
Contents
00:00 Intro
00:15 The balance sheet of the Federal Reserve
01:45 Disclaimer 1: Monetary base (Total Fed assets)
03:50 Disclaimer 2: Bitcoin is analogous to more than USD base money!
04:58 Recent Fed balance sheet activity
06:15 Bitcoin market cap data
10:05 Question 1: When was the Fed last at $1 trillion?
11:47 Question 2: When was the Fed last at $500 billion?
Here we look at the history of Bitcoin's market cap, and how that compares with the monetary base of the dollar. Note, the dollar is just one (certainly the strongest) fiat network in the world, but there are many other fiat currencies that have their own monetary base and are not connected to the dollar at all! Also, I explain why the monetary base is the best monetary comparison to Bitcoin.
Host: Matthew Mezinskis
https://porkopolis.io
https://twitter.com/crypto_voices
Show content is not investment or financial advice in any way.
Caitlin Long: Financial Standards (Decentralized)
Trace Mayer: Bitcoin Investing, Economics, Humility & Integrity
Solid BitCoin Consolidation Finally Bears a BitCoin Breakout
Robert Wiecko: DASH Core Team Project Manager
Rodolfo Novak: Opendime & Bitcoin Scaling
Jeffrey Tucker: Theory, Practice & Optimism on Bitcoin
Helio Beltrão: Monetary & Investment Theory of Bitcoin
Governance in Blockchain Technologies & Social Contract Theories (II)
Erik Voorhees: Bitcoin Business & Adoption
Governance in Blockchain Technologies & Social Contract Theories (I)
George Selgin: Money, Banking & Bitcoin
Bitcoin Cash & Understanding True Cost per Transaction
Segwit Pending Activation & SEC On ICOs
Brazilian Testimonies, Bond & Crypto Yields
Bitcoin Scaling Overview (III)
Bitcoin Scaling Overview (II)
Bitcoin Block Size Political Economy
Bitcoin Scaling Overview (I)
Apple vs. Dash: The Importance of Privacy
The History of the DAO and Lessons Learned
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