BTC096: Fractional Reserve Banking vs. Bitcoin w/ Mike Stroup

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.

IN THIS EPISODE, YOU’LL LEARN:
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

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?? Access our free show notes and transcript here: https://www.theinvestorspodcast.com/bitcoin-fundamentals/fractional-reserve-banking-bitcoin-mike-stroup/

? OTHER RESOURCES
– Connect w/ Mike: https://twitter.com/MikeStroup10
– Charts from the show: https://www.dropbox.com/s/3q544rid3sp5y7m/Bitcoin%20Slides%20for%20Preston.pdf?dl=0
– Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a special $140 discount: https://bit.ly/3PVyNfF 

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ABOUT OUR SHOW ? 

On Bitcoin Fundamentals, Preston Pysh talks about the fundamentals of bitcoin, investing in bitcoin, news, deep dives and more on interviews with prominent people in blockchain technology.

? Website: https://www.theinvestorspodcast.com/bitcoin-fundamentals/ 

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WHO I AM:
I’m Preston Pysh, an entrepreneur, investor, author, and cryptocurrency ? proponent. I’m the founder of BuffettsBooks.com and Pylon Holding Company. I have authored and co-authored  ??  a number of investment and autobiographical works and also wrote multiple finance and investing-related articles for Forbes from 2016 and 2018. I take great pleasure in taking complex ideas ? and making them accessible.

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GET IN TOUCH WITH ME ?:

I’d love to hear from you! Send me a tweet ? directly at https://twitter.com/PrestonPysh if you’d like to have a quick exchange of thoughts!
P.S.  We’ve been receiving overwhelming messages of support and we can’t thank you enough! ?? We try our best to respond to each and everyone. Please bear with us! ???

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? DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.

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