ProofOfWork Show S01E02 Inflation & Issuance!

sri-lanka-bitcoin

In this episode, we discuss the recent political upheaval in Sri Lanka due to high inflation and examines the role of cryptocurrencies like Bitcoin in the global economy. The conversation explores the evolving definitions and forms of money, from barter systems to digital currencies. We emphasize that Bitcoin serves as digital money, sharing similar properties with traditional money and gold, including being a store and exchange of value. The focus is on Bitcoin’s potential to address issues like inflation by offering a decentralized, fixed-supply alternative.