Preston Pysh interviews information technology expert, Mike Stroup. They talk about the legacy banking system and how Bitcoin is being impacted by the numerous policy decisions currently taking place.
00:00:00 - Intro 00:01:08 - The numbers around federal interest expense and rising interest rates 00:19:52 - Mike's thoughts on the broad money supply being the best way to measure inflation 00:24:20 - A comparison between now and 2007 00:30:50 - Explaining reverse repo in a simplified way 00:39:39 - How do countries use reserve to defend a currency and does the countries size matter 00:41:29 - Why currency spreads are making it hard to service dollar denominated debts 00:47:19 - Is this time different 00:51:14 - Is the 50% attack vector even worth worrying about 00:56:07 - Mike Stroup's background 00:57:26 - Mike and Preston share military pilot stories
Bitcoin Fundamentals Podcast:
Website: https://www.theinvestorspodcast.com/bitcoin-fundamentals
Podcast: https://link.chtbl.com/BTC079
Twitter: https://twitter.com/TIP_Network
Episode Website (with Transcript): https://www.theinvestorspodcast.com/bitcoin-fundamentals/fractional-reserve-banking-bitcoin-mike-stroup