Crypto Voices

Crypto Voices: Episode 163

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

Show support appreciated: donations.cryptovoices.com

Alec Harris's havenX: https://thehavenx.com/

Matthew and Alec talk with Peter Todd about supporting Ukraine, and knowing when to *not* be a contrarian. We run the gamut on global security, focusing on Ukraine, but also Israel, Taiwan, and Bitcoin.

Contents

00:00:00 Intro

00:01:45 Idiotic contrarianism

00:04:30 Why aren't we standing up to Russia?

00:10:35 What about NATO?

00:14:06 Why should we protect Ukraine?

00:17:00 Russian liberal cause & Navalny

00:19:47 What about US wars?

00:27:00 What about freezing reserves?

00:34:45 What about Russian disinfo?

00:38:45 What about infrastructure risks?

00:45:02 How to strike back?

00:47:20 What does history tell us about diplomacy?

00:54:53 Russia parallels with Gaza

00:55:31 Russia parallels with China

01:01:40 Russia parallels with Gaza

01:11:40 Other wars show no ambiguity in Ukraine

01:15:37 Bitcoin: On-chain vs. Layers vs. Banks

01:19:10 Closing Thoughts

More info on Peter: https://twitter.com/peterktodd

Show Sponsor: hodlhodl.com/join/cryptovoices

Hosts: Matthew Mezinskis, Michel, Alec Harris

Music: New Friend Music newfriendmusic.com/

Podcast & videos

Bitcoin, privacy, crypto, economics & liberty

Thanks for watching!

Porkopolis Economics: Episode 100

Show Sponsors: trezor.io

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Today, we fact-check the age-old (in Bitcoin terms!!) comparisons that have always been made between Bitcoin and PayPal. You need to simply understand that Bitcoin is basic money, and whatever is happening inside of PayPal, is not.

This is also my 100th episode of Porkopolis Economics! As discussed at the video start, please note that from now on these macro and chart-type videos will only continue on YouTube and Rumble.

Crypto Voices, our long-form podcast on Bitcoin and privacy with Alec from Halo Privacy and Michel from nodl, will continue to be streamed via the RSS feed as it has since 2017 (via Spotify, Apple Podcasts, etc.).

As always, thank you for watching, and listening!

Contents

00:42 The Future of Porkopolis Economics

02:48 Trezor is Sponsoring Porkopolis Economics

04:00 PayPal's comparisons to Bitcoin

06:41 PayPal and Bitcoin's Transaction Payment Volume

09:46 PayPal Mafia

11:32 Issues with PayPal

14:18 Where Bitcoin Stands Out

17:42 Bitcoin and PayPal Market Cap Chart

21:10 The Backing of Bitcoin

22:32 Closing Thoughts

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Porkopolis Economics: Episode 99

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Today, we are looking at the Bitcoin market cap vs. Meta's. Towards the end of the video, I show you where Meta and Bitcoin rank among other top assets.

Contents

00:09 Chart Breakdown

01:07 Meta's Market Cap History

0256 Bitcoin's Market Cap History

03:42 Comparing The Two

06:13 Top Assets by Market Cap

08:40 Closing Thoughts

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Porkopolis Economics: Episode 98

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Today, we are following up on last week's United States 10-year Government Bond Yield video. In this video, we are comparing the U.S. 10-year Government Bond Yield to the Federal Reserve ownership of U.S. debt.

Contents

00:57 What Does the Fed Control?

02:03 Fed Funds Target Rate

04:21 Who Controls Who?

05:06 Federal Reserve's Ownership of U.S. Debt

06:51 Global Financial Crisis

08:33 All-Time Record High

09:50 Printing Money to Buy Government Debt

11:06 Closing Thoughts

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Porkopolis Economics: Episode 97

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Today, we review the United States 10-year Government Bond Yield, also known as the 10 Year Note.

A History of Interest Rates, Fourth Edition (Wiley Finance) by Sydney Homer: https://www.amazon.com/History-Interest-Rates-Fourth-Finance/dp/0471732834

Contents

00:10 Understanding the Bond Yield

02:20 Outside Sources - Good Read

03:08 Mean Over the Last 60 Years

03:32 One Sigma Down | Up

04:54 Two Sigma Down | Up

06:33 Looking at the Extremes

07:28 Closing Thoughts

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Porkopolis Economics: Episode 96

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Today, we review the exponential regression price of silver over the last fifty years.

All-time trend coefficients to draw it yourself:

Power formula: y = a * EXP (b * x)

Coefficients found: y = 3.52 * EXP (0.28% * x)

Contents

00:08 Silver Price Trendline and Analysis Intro

01:11 Silver's Historical Price Changes

02:19 Exponential Regression Breakdown

03:40 Understanding Compound Annual Growth Rate

05:11 2030 Prediction

05:35 Closing Thoughts

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Porkopolis Economics: Episode 95

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.

All-time trend coefficients to draw it yourself:

Power formula: y = a * EXP (b * x)

Coefficients found: y = 132.49 * EXP (0.41% * x)

Prior videos with further info:

Gold original exponential explainer: https://www.youtube.com/watch?v=oFRkS2_ylec

Gold with other trendlines: https://www.youtube.com/watch?v=yzPKK53w0IY

Gold with percentiles: https://www.youtube.com/watch?v=LTkkPpCfxWA

Contents

00:33 Gold Price Trendline and Analysis Intro

00:46 Exponential Regression Breakdown

03:02 Gold's Historical Price Changes

04:05 Gold's Price Now

04:43 Understanding Compound Annual Growth Rate

07:42 203 Prediction

08:06 Closing Thoughts

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Porkopolis Economics: Episode 94

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Today, we take a look at the Federal Reserve balance sheet and determine how fast it grows.

Contents

00:12 Balance Sheet Overview

00:47 Global Financial Crisis and its Effects

02:22 Speed of Growth

03:57 Growth Curve after 2008

05:01 Growth Rate Doubles

05:14 Comparing Regressions

06:11 Closing Thoughts

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Porkopolis Economics: Episode 93

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Today, we review Apple’s market cap versus the value of shares traded using a 40-year graph of the Apple market cap.

Contents

00:17 Graph Overview

01:52 Evaluation Notes and What Isn't Going to be Covered

02:37 Value of Shares Traded

04:07 Market Cap

06:50 All Time Average

08:43 Closing Thoughts

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Porkopolis Economics: Episode 92

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Today, we review NATO military expenditure, break down key member nations, and break down the 2% guideline.

Contents

00:11 Table Overview

01:42 Quick 30-Member Nation Breakdown

04:46 The 2% Guideline

05:40 Measuring Military Strength and How We Do It

07:41 Expenditure Breakdown and Who Is Following the 2% Guideline

10:10 GDP Overview

12:24 Closing Thoughts

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Porkopolis Economics: Episode 91

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Here we review how to calculate TTM (trailing-12 month!) returns for the S&P 500 over the last 220+ years, how these returns actually look graphically, and what the all-time averages say you "should" be getting from your portfolio.

Contents

00:17 Index Overview

01:18 Rolling Trailing Twelve Month Returns

04:23 All Time Average Line

07:43 S&P By The Numbers

09:59 Closing Thoughts

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Porkopolis Economics: Episode 90

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.

The video is a continuation of a pervious video. Matthew reviews another trend-line from the S&P500 index. Also explained are the volatility over the years, highs and lows in significant years and the all time trend.

Contents

00:19 Index Overview

00:59 All-Time Trend

02:40 From 1971

03:15 Compound Annual Growth Rate

05:37 2-sigma moves

07:56 Where We Are Now & Closing Thoughts

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Porkopolis Economics: Episode 89

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.

This video discusses the S&P500 over the last 220 years. Also explained are the volatility over the years, highs and lows in significant decades and the all time trend. The important thing to look at when it comes to long-term returns is compound annual growth, it's a vital statistic to understand.

Contents

00:00 Chart Breakdown and Brief S&P 500 History

00:34 S&P Total Return Index

09:21 Exponential Regression

13:22 Compound Annual Growth Rate

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Crypto Voices: Episode 162

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

Show support appreciated: donations.cryptovoices.com

Alec Harris's havenX: https://thehavenx.com/

Matthew, Alec & Michel talk with Pete Winn, Bitcoin educator extraordinaire. Pete worked formerly at Fedi, the company, as well as contributing to the open source Fedimint, and he is the founder of the educational portal "Bitcoin for Humans." We discuss the amazing benefits at a scale that Fedimints can bring to Bitcoin, as well as some of its criticisms and risks.

Contents

00:00:00 Intro

00:04:21 What is Fedimint?

00:13:13 Regulators & Fedimint

00:21:00 Regulating Bitcoin

00:22:09 Protection over Fedimint

00:27:43 Criticism over Fedimint

00:36:13 Lighting Network

00:41:17 Bitcoin for Humans

00:45:30 Scaling and Fedimint

00:49:10 Bitcoin's Fees

00:52:28 Alec's Philosophical Question

00:59:11 Fedimint's Stability Pool

01:06:48 UTXO and the Future

01:09:09 Fedimint and Payment

01:14:43 Closing Thoughts

Links for more info: https://bitcoinforhumans.com/

Show Sponsor: hodlhodl.com/join/cryptovoices

Hosts: Matthew Mezinskis, Michel, Alec Harris

Music: New Friend Music newfriendmusic.com/

Podcast & videos

Bitcoin, privacy, crypto, economics & liberty

Thanks for watching!

Porkopolis Economics: Episode 88

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.

This video discusses the total compound returns you'd receive from investing in the S&P500 and, crucially, reinvesting all dividends and then holding for the long term.

Contents

00:00 Intro

00:34 S&P Total Return Index

02:07 Reinvesting Your Dividends

06:35 Compound Return Figures

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Crypto Voices: Episode 161

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

Show support appreciated: donations.cryptovoices.com

Alec Harris's havenX: https://thehavenx.com/

Matthew & Alec cover the 11-strong Bitcoin spot ETF launch this week and why it matters. Alec covers the true privacy gaps that exist in your own car. The fellas conclude with a few charts on the long-term trend of BTC priced in 10 different fiat currencies and the US national debt.

Contents

00:00:00 Intro

00:01:03 Bitcoin ETF Launch

00:09:38 Bitcoin Market Cap

00:19:04 Coinbase

00:23:44 Bitcoin Over Time

00:27:49 Peter Zeihan

00:35:10 Privacy Review on Cars

00:44:30 The Appearance of Privacy

00:48:28 United States Federal Debt

00:50:16 Closing Thoughts

Show Sponsor: hodlhodl.com/join/cryptovoices

Hosts: Matthew Mezinskis, Michel, Alec Harris

Music: New Friend Music newfriendmusic.com/

Podcast & videos

Bitcoin, privacy, crypto, economics & liberty

Thanks for watching!

Porkopolis Economics: Episode 87

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

Porkopolis Economics covers macroeconomics, money, and sports, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

It's finally here. With yesterday's SEC approval of 11 spot ETFs for Bitcoin investment, it's time to revisit where things stand in terms of Bitcoin's strong power law trendline.

Contents

00:00 Intro

01:49 Bitcoin's power trendline

02:49 Analyzing percentile bands

04:31 Power law regression

05:59 Closing thoughts

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

This is the eighty-sixth video installment from Porkopolis Economics, covering macro and money (and sports), from the creator of the Crypto Voices podcast, Matthew Mezinskis.

This episode breaks down how many bitcoins could be purchased over the years by 100 thousand units of various fiat currencies. There is a trend.

Contents

00:00 Intro

01:14 100K dollars in Bitcoin terms

05:03 100L euros in Bitcoin terms

06:04 Turkish lira

07:01 Argentinian peso

08:41 Brazilian real | Chinese yuan | Indian rupee

09:40 Russian ruble

10:26 Closing thoughts

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the eighty-fifth video installment from Porkopolis Economics, covering macro and money (and sports), from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

01:19 Bitcoin market cap

03:41 Bitcoin "Price to sales" ratio

05:42 Miner revenue

07:56 Power Regression

10:17 How much do miners make?

12:20 Two standard deviation

14:49 Closing thoughts

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the eighty-fourth video installment from Porkopolis Economics, covering macro and money (and sports), from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:15 Bitcoin fee lifetime

03:47 last twelve months

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

This is the one-hundred-sixty podcast episode from Crypto Voices.

Show support appreciated: donations.cryptovoices.com

Matthew and Alec are joined by a special guest: Ian Cain

Ian Cain is a co-founder and executive chairman of the QUBIC Labs.

Contents

00:00:00 Intro

00:01:16 Who is Ian Cain

00:04:12 Ian in Politics

00:17:06 Crypto in government

00:27:02 Bitcoin | Killer apps

00:31:50 Boston Blockchain Week

00:36:20 Community and Ecosystem

00:42:20 Global cities with crypto-friendly spaces

00:49:23 Alec's philosophical question

00:53:10 Older generation's approach to crypto and technology

Show Sponsor: hodlhodl.com/join/cryptovoices

Hosts: Matthew Mezinskis, Michel, Alec Harris

Music: New Friend Music newfriendmusic.com/

Podcast & videos

Bitcoin, privacy, cryptoeconomics & liberty

Thanks for watching!

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

This is the one-hundred-fifty-ninth podcast episode from Crypto Voices.

Show support appreciated: donations.cryptovoices.com

Matthew and Alec discuss current world topics, including the devaluation of the Argentinian peso and the Zero Trust Initiative. Also, Alec discusses his newest venture: havenX.

Contents

00:00:00 Intro

00:01:16 Argentinian peso devaluation

00:12:05 Alec's havenX

00:17:08 Privacy in the government

00:19:50 Zero Trust Initiative within the Biden administration

00:21:37 havenX and its services

00:29:44 The next scam

00:35:49 Trial and Error within an ETF

Show Sponsor: hodlhodl.com/join/cryptovoices

Hosts: Matthew Mezinskis, Michel, Alec Harris

Music: New Friend Music newfriendmusic.com/

Podcast & videos

Bitcoin, privacy, crypto, economics & liberty

Thanks for watching!

https://porkopolis.io

https://twitter.com/1basemoney

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the eighty-third video installment from Porkopolis Economics, covering macro and money (and sports), from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

01:01 Devaluation of the peso

03:15 Not enough devaluation

04:16 How does Bitcoin fit in?

06:21 Black market price of pesos valued in dollar terms

Here, I review the Argentinian peso, the Black Market rate, and where Bitcoin fits in.

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/

This is the one-hundred-fifty-eighth podcast episode from Crypto Voices.

Show support appreciated: donations.cryptovoices.com

Matthew, Alec, and Michel are back together again for some commentary on the markets and issues in the Bitcoin world.

Contents

00:00:00 Intro

00:05:30 Crime and Bitcoin

00:08:03 Nationalism in Today's World

00:17:30 Power Regression as of Dec 5th, 2023

00:28:02 Issues in Crypto Wallets

00:49:08 U.S. Federal Debt and China's Numbers

00:58:51 OpenAI News

01:02:00 The Funding Behind Signal

01:08:22 Implementation of iMessage on Android

01:13:35 Spamming the Blockchain Issues

01:17:30 Alec's Philosophical Question

Show Sponsor: hodlhodl.com/join/cryptovoices

Hosts: Matthew Mezinskis, Michel, Alec Harris

Music: New Friend Music newfriendmusic.com/

Podcast & videos

Bitcoin, privacy, crypto, economics & liberty

Thanks for watching!

https://porkopolis.io

https://twitter.com/1basemoney

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the eighty-second video installment from Porkopolis Economics, covering macro and money (and sports), from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:59 Scenes from Torino

02:00 Mastering your craft

02:43 Jimmy Connors (5th)

03:15 Ivan Lendl (4th)

04:30 Pete Sampras (3rd)

05:25 Roger Federer (2nd)

06:14 Rafael Nadal (6th)

07:08 Novak Djokovic (1st)

Here I review Novak Djokovic's incredible record-extending 400th week atop the ATP rankings at #1 coming off his record-breaking 7th ATP Finals victory in Torino.

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the eighty-first video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:23 Review of regression trendlines

02:22 Review of 2021 boom

03:58 Review of earlier booms

04:37 Review of prior year

05:09 2-sigma down move

07:13 1-sigma moves

08:04 2-sigma up moves

08:55 Trendline out to 2030

Here I review the latest power regression trendline for the Bitcoin price, based on all the pricing data, from 22-May 2010, until today, 10-Nov-2023.

Prior videos with further info:

https://www.youtube.com/watch?v=dBMDh9ly95Y

https://www.youtube.com/watch?v=LlrqnAwucmk

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the one hundred fifty-seventh podcast episode from Crypto Voices.

Show support appreciated: donations.cryptovoices.com

Matthew interviews Aaron van Wirdum, journalist and editor at Bitcoin Magazine, and author of the upcoming Genesis Book.

Contents

00:00:00 Intro

00:01:30 Explaining Bitcoin to others

00:07:12 Hyperbitcoinization

00:10:50 Bitcoin's utility

00:12:41 Physical cash growth

00:22:37 Cash, Bitcoin, CBDCs

00:31:15 European regulation

00:32:50 Bitcoin privacy

00:41:24 Bitcoin Amsterdam

00:43:23 New book!

00:49:02 Closing links

Links for more info:

https://twitter.com/AaronvanW

Nostr: npub1art8cs66ffvnqns5zs5qa9fwlctmusj5lj38j94lv0ulw0j54wjqhpm0w5

https://drive.google.com/drive/folders/1j7PDr7uTNsJs3CmCmtB0vLjmkKz4GOnQ

https://bitcoinmagazine.com/authors/aaron-van-wirdum

Show Sponsor: hodlhodl.com/join/cryptovoices

Hosts: Matthew Mezinskis, Michel, Alec Harris

Music: New Friend Music newfriendmusic.com/

Podcast & videos

Bitcoin, privacy, cryptoeconomics & liberty

Thanks for watching!

https://porkopolis.io

https://twitter.com/1basemoney

Show content is not investment or financial advice in any way.

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the one hundred fifty-sixth podcast episode from Crypto Voices.

Show support appreciated: donations.cryptovoices.com

Matthew and Michel interview Henrik Skogstrøm, founder and CEO of Torq (formerly known as LN Capital). The Torq platform is enterprise software for managing capital, channels, and routing nodes in a secure, automated, and trigger-driven way.

Contents

00:00:00 Intro

00:01:08 Background on LN Capital (and Torq)

00:02:35 Open or closed?

00:03:12 Target market

00:05:14 State of Lightning Network

00:07:08 Which implementations?

00:07:56 Async?

00:08:24 Active customers?

00:09:00 Main features

00:10:23 Dashboard demo

00:18:10 LSP definition

00:18:50 LN econ vs. On-chain

00:21:05 Scaling Bitcoin w/ LN

00:24:20 Escaping to LN?

00:30:44 Routing node profit motive

00:32:08 LN landscape vs. On-chain

00:35:18 LN capacity

00:39:46 Data collection?

00:40:17 Scaling Lightning

00:43:56 Torq mid-term goals

00:45:50 LN econ vs. On-chain (again)

00:47:37 LN fees vs. On-chain

00:52:48 Closing links

Links for more info:

https://twitter.com/ohskogstrom

https://twitter.com/TorqLN

https://ln.capital/

https://twitter.com/ScalingLN

https://scalinglightning.com/

Show Sponsor: hodlhodl.com/join/cryptovoices

Hosts: Matthew Mezinskis, Michel, Alec Harris

Music: New Friend Music newfriendmusic.com/

Podcast & videos

Bitcoin, privacy, cryptoeconomics & liberty

Thanks for watching!

https://porkopolis.io

https://twitter.com/1basemoney

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the eightieth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:20 Official dollar price (in ARS)

04:09 Bitcoin price (in ARS)

06:58 Black market dollar price (in ARS)

11:00 Mainstream doesn't call it "black"

Here I cover the devaluation of the Argentine peso which occurred recently on 14 August. You may be surprised to know that there is a long-standing black market price for the peso, and you can actually back into this using the Bitcoin price (in Argentine pesos), as Bitcoin is one of the most liquid, free, and globally traded assets around the world.

Prior videos with further info:

https://www.youtube.com/watch?v=sVKzQYtX1PY

https://www.youtube.com/watch?v=A5tJCGoU9yE

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the one hundred fifty-fifth podcast episode from Crypto Voices.

Show support appreciated: donations.cryptovoices.com

Matthew, Alec, and Michel interview Matěj Žák, CEO of Trezor, the oldest Bitcoin hardware wallet manufacturer and champion of open-source tech.

Contents

00:00:00 Intro

00:01:08 Background on Trezor

00:02:55 Open-source nature

00:05:12 Trezor clones

00:07:45 Self-custody trends

00:13:30 Current chip

00:19:38 Open-source chip

00:20:50 New products

00:22:10 Coinjoin implementation

00:28:00 Products continued

00:32:15 New chip continued

00:38:00 Bitcoin vs. Other

00:45:47 Ledger Recover

00:51:52 Customer issues

01:00:59 Prague follow-up

Links for more info:

https://twitter.com/matej_zak

https://trezor.io

Show Sponsor: hodlhodl.com/join/cryptovoices

Hosts: Matthew Mezinskis, Michel, Alec Harris

Music: New Friend Music newfriendmusic.com/

Podcast & videos

Bitcoin, privacy, cryptoeconomics & liberty

Thanks for watching!

https://porkopolis.io

https://twitter.com/1basemoney

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the seventy-ninth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:20 Monetary base value

04:50 Gov. pension fund

13:22 Central bank total assets

14:27 % of pension fund

Here I cover the Norwegian central bank's balance sheet. You may be surprised to learn that it's famous, massive "Government Pension Fund Global" sovereign wealth fund is included as part of its total assets (and liabilities). This is quite rare in the world. As well, the size is so massive, 94% of total assets are included in this fund, which absolutely dwarfs the size of Norway's monetary base (the "main thing" that central banks are supposed to be in charge of!).

Prior videos with further info:

https://www.youtube.com/watch?v=fe3WaE8o0rY

https://www.youtube.com/watch?v=OPpTrgPNTz4

https://www.youtube.com/watch?v=zghGPfY3J8I

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the one hundred fifty-fourth podcast episode from Crypto Voices.

Show support appreciated: donations.cryptovoices.com

Matthew and Alec interview Robert Malka, entrepreneur and author, and board member at the Bitcoin Today Coalition.

Contents

00:00:00 Intro

00:01:20 Foundations and Bitcoin?

00:05:20 US legislative landscape

00:16:08 US regulatory landscape

00:27:12 402 payment error

00:29:02 Bitcoin and the dollar

00:42:47 BTC VETS

00:49:39 Philosophical musings on BTC

00:56:22 New book

00:58:03 Closing thanks

Links for more info:

https://twitter.com/rjmalka

https://www.malkarobert.com/

https://bitcointodaycoalition.org/

https://bitcointodaycoalition.org/btc-vets

Show Sponsor: hodlhodl.com/join/cryptovoices

Hosts: Matthew Mezinskis, Michel, Alec Harris

Music: New Friend Music newfriendmusic.com/

Podcast & videos

Bitcoin, privacy, cryptoeconomics & liberty

Thanks for watching!

https://porkopolis.io

https://twitter.com/1basemoney

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the seventy-eighth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:20 Price in log scale

00:40 PSR multiple meaning

02:10 PSR for Bitcoin meaning

02:57 PSR multiple

05:16 PSR trendline

06:12 1-sigma bands for PSR

07:43 2-sigma bands for PSR

Here I review again the PSR ("price-to-sales" ratio) for the Bitcoin network. Is Bitcoin's market cap over- or under-valued based on this benchmark of trailing 12-month network or miner revenue? You won't find this research anywhere else!!

Prior videos with further info:

https://www.youtube.com/watch?v=e0APCdaAKJA

https://www.youtube.com/watch?v=hhF_4SUdkKo

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the seventy-seventh video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:12 All-time daily avg. fees ($)

01:02 BTC fee spike in May

03:40 TTM block reward % of total

07:32 Overall fee trend low % of total

Here I review again the Bitcoin fee pressure which occurred in early May 2023, due to the Ordinal, BRC-20, and NFTs on Bitcoin hype. It seems like a flash in the pan so far, but what about the overall trend when looking at the block reward/new coins vs. these fees?

Prior videos with further info:

https://www.youtube.com/watch?v=kFvIRWxrjh0

https://www.youtube.com/watch?v=WnIO9QfLFXQ

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the one hundred fifty-third podcast episode from Crypto Voices.

Show support appreciated: donations.cryptovoices.com

Matthew and Alec interview Kevin Maurer, award-winning journalist and bestselling author of many books on war. We discuss his latest, Damn Lucky, Wagner in Syria, and more.

Contents

00:00 Note on Wagner mutiny

03:25 Show intros

04:50 Latest book: Damn Lucky

13:10 Wagner story in Syria 2018

27:50 American hard / soft power

37:55 War reporting

41:47 'sof' definitions

52:58 Adversarial views on US

56:52 What are our principles?

01:03:10 Journalism OpSec

01:08:46 Closing thanks

Links for more info:

https://twitter.com/ScribblerSix

https://kevinmaurer.net/

https://www.rollingstone.com/author/kevin-maurer/

https://thewarhorse.org/special-forces-soldiers-reveal-first-details-of-battle-with-russian-mercenaries-in-syria/

Help the show by using this link to buy Damn Lucky:

https://www.amazon.com/Damn-Lucky-Bloodiest-Military-Campaign/dp/1250874270/ref=sr_1_1?crid=5B6ZPN51I34A&keywords=kevin+maurer+damn+lucky&qid=1687876918&sprefix=kevin+maurer+damn+lucky%252Caps%252C204&sr=8-1&_encoding=UTF8&tag=porkopolis-20&linkCode=ur2&linkId=c175e6ca5251a18c445d2b4a3aba64d1&camp=1789&creative=9325

Help the show by using this link to buy No Easy Day:

https://www.amazon.com/No-Easy-Day-audiobook/dp/B0095PEFYS/?_encoding=UTF8&pd_rd_w=ywZZ5&content-id=amzn1.sym.ed85217c-14c9-4aa0-b248-e47393e2ce12&pf_rd_p=ed85217c-14c9-4aa0-b248-e47393e2ce12&pf_rd_r=131-2678105-4022343&pd_rd_wg=xEGzx&pd_rd_r=20eea3be-5d90-45f1-a3b7-0de3eccf8c3a&ref_=aufs_ap_sc_dsk&_encoding=UTF8&tag=porkopolis-20&linkCode=ur2&linkId=74b98097e8fb2a24aa0e6e300fbd8e4b&camp=1789&creative=9325

Show Sponsor: hodlhodl.com/join/cryptovoices

Hosts: Matthew Mezinskis, Michel, Alec Harris

Music: New Friend Music newfriendmusic.com/

Podcast & videos

Bitcoin, privacy, cryptoeconomics & liberty

Thanks for watching!

https://porkopolis.io

https://twitter.com/1basemoney

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the seventy-sixth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:24 World population

00:49 CAGR of population over time

01:30 Central bank physical currency (CBPC)

02:06 CAGR of cash over time

02:54 Multiple of cash growth over people

05:00 Multiple increasing again since 2000s

Here I review again the growth rate of the world's population, versus all the physical currency in the world. As discussed in the last video, cash does double 7 times faster than people in the world, and this 7x multiple is actually *increasing* since the 2000s.

Prior videos with further info:

https://www.youtube.com/watch?v=i1chBFp2kR8

https://www.youtube.com/watch?v=DYKJ3sDAvb8

https://www.youtube.com/watch?v=pmfizN3nTuc

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the seventy-fifth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

01:44 World population

02:57 CAGR of population over time

06:15 Central bank physical currency (CBPC)

09:13 CAGR of cash over time

13:27 Comparing both metrics

Here I review the growth rate of the world's population, versus all the physical currency in the world. Are you aware that the doubling time of physical cash is 7 times faster than the doubling time of human beings on the planet?

Prior videos with further info:

https://www.youtube.com/watch?v=DYKJ3sDAvb8

https://www.youtube.com/watch?v=pmfizN3nTuc

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the seventy-fourth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:25 Five years of research

02:39 How much has it grown?

05:10 83% of value in top 5 currencies

06:30 66% of value in top 5 liberal

Here I review the total basic money in the world. This $28.2 trillion equivalent is the core of the fiat financial system. This is also the only global money supply that economically compares with gold, silver, and Bitcoin.

Prior videos with further info:

https://www.youtube.com/watch?v=DYKJ3sDAvb8

https://www.youtube.com/watch?v=jgOL5tQvaDE

https://www.youtube.com/watch?v=aqP2WITx2uw

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the one hundred fifty-second podcast episode from Crypto Voices.

Show support appreciated: donations.cryptovoices.com

Matthew, Alec, and Michel interview Obi Nwosu, founder and CEO of Fedi, a company building on and pushing adoption of the Fedimint protocol for federated Bitcoin communities.

Contents

00:00 Intro

01:37 Background in Bitcoin

11:33 Latest in CeFi regulations

13:27 Fedimint protocol

22:50 Chaumian eCash & Fedi

32:25 Federation setup example

46:07 More on eCash vs. Fedi modules

53:50 Roadmap and scaling plans

Links for more info:

https://twitter.com/obi

https://twitter.com/fedimint

https://primal.net/profile/npub1uq70uqgas9pyhds2zt57kr9se8rg3s68ztphjnq82ts8rzeknmeql7u0c2

https://fedimint.org/

https://www.fedi.xyz/faq/what-is-the-difference-between-fedi-and-fedimint

Show Sponsor: hodlhodl.com/join/cryptovoices

Hosts: Matthew Mezinskis, Michel, Alec Harris

Music: New Friend Music newfriendmusic.com/

Podcast & videos

Bitcoin, privacy, cryptoeconomics & liberty

Thanks for watching!

https://porkopolis.io

https://twitter.com/1basemoney

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the one hundred fifty-first podcast episode from Crypto Voices.

Show support appreciated: donations.cryptovoices.com

Matthew and Alec interview Omid Malekan, adjunct professor at Columbia Business School and author of several books, including Re-Architecting Trust: the Curse of History and the Crypto Cure for Money, Markets and Platforms.

Contents

01:15 Banking crunch aftermath

08:00 Scaling solutions

13:50 On Layer 2s

17:10 Genesis story on BTC

24:50 Re-Architecting Trust

41:40 Proof of stake

46:30 Developing world adoption

51:52 CBDCs

55:27 Chokepoint 2.0

01:01:50 Iran situation

01:09:46 Second coming

Links for more info:

https://twitter.com/malekanoms

https://amzn.com/dp/B0B1QFK8D9

https://www.omidmalekan.com/

Show Sponsor: hodlhodl.com/join/cryptovoices

Hosts: Matthew Mezinskis, Michel, Alec Harris

Music: New Friend Music newfriendmusic.com/

Podcast & videos

Bitcoin, privacy, cryptoeconomics & liberty

Thanks for watching!

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the seventy-third video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:45 Bedlam in Tampere

01:48 More Latvian fans

03:52 GDP vs. US

06:20 GDP vs. RU

08:47 Latvia WINS

Here I review the recent, amazing, first-ever bronze medal for Latvia in the World Hockey Championships, beating the UNITED STATES in Tampere, Finland yesterday.

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the seventy-second video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:18 Fees in USD landscape

02:22 TTM issuance % in USD terms

04:03 TTM issuance % in BTC terms

05:25 TTM will tell you if trend is changing

Here I review the fee spikes on the Bitcoin network over the last month, but most importantly analyzing the long-term trend of these fees by looking at issuance vs. fees on a trailing 12-month basis.

Prior videos with further info:

https://youtu.be/QC-MqgiLFvk

https://youtu.be/kFvIRWxrjh0

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the seventy-first video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:21 Peter's bearish stance

01:28 Gold on left, Bitcoin on right

02:20 2011 comments

02:39 2013 comments

03:40 2014 comments

04:39 2015 comments

05:23 2016 comments

06:09 2017 comments

08:46 2018 comments

09:42 2019 comments

10:15 2020 comments

10:53 2021 comments

12:31 2022 comments

13:03 2023 comments

14:39 Gold & Bitcoin trendlines

16:09 Trend growth rates

Here I review gold investor Peter Schiff's thirteen-year bearish comments on Bitcoin the monetary system and the price of bitcoins. His consistency is quite remarkable, in light of continuous Bitcoin dominance over gold.

I close it with analyzing the 83% R-squared exponential trendline for gold's price, and comparing that with the 95% R-squared power trendline for the price of bitcoins.

Gold's trend only grows at 9% per year (doubles every 8 years), Bitcoin's at 125% (doubles every 0.8 years).

Prior videos with further info:

Gold original exponential explainer: https://www.youtube.com/watch?v=oFRkS2_ylec

Bitcoin original power explainer: https://www.youtube.com/watch?v=FU2P_jJwVZ0

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the seventieth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:32 Starting at bottom of bear

01:39 Exponential trends straight lines on log

02:40 2005 trendline

04:37 2012 trendline

06:07 2015 trendlines until today

10:15 Looking out to 2030

12:22 Above or below trend more often?

Here I talk about the exponential regression trendlines over gold's price from 1999. As gold is base money, like bitcoins, this video can be used to compare and contrast the supply and demand (price) trends for bitcoins we did in the last few videos. A key difference is that gold (and most markets) follow exponential trendlines, whereas the price of bitcoins follow a power trendline.

All-time trend coefficients to draw it yourself:

Power formula: y = a * EXP (b * x)

Coefficients found: y = 3.12E+02 * EXP (0.0237% * x)

Prior videos with further info:

Gold original exponential explainer: https://www.youtube.com/watch?v=oFRkS2_ylec

Gold with percentiles: https://www.youtube.com/watch?v=LTkkPpCfxWA

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the sixty-ninth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

01:01 First times breaking above & below

03:06 Into and out of crypto winter

06:21 Nov-2018 puke below

07:51 Trends around 2021 double top

12:55 Closing answers!!

Here I talk about the power regression trendlines over Bitcoin's price. From Bitcoin Pizza day in 2010, to the present. Three questions I answer in this video:

1) How many times has Bitcoin's price pierced its trendline?

2) What % of the time overall is this movement?

3) Does Bitcoin's price stay above its trendline more or less than under?

All-time trend coefficients to draw it yourself:

Power formula: y = a * x ^ b

Coefficients found: y = 7.70E-18 * x ^ 587%

Prior videos with further info:

Yesterday's power regression: https://www.youtube.com/watch?v=yUTigJRqwA0

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the sixty-eighth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:58 Power trendline all-time

02:05 Working backwards in time

04:17 Dec-2030 trend predictions

07:32 The trends do NOT always fall

09:26 Signal not noise

Here I talk about the power regression trendlines over Bitcoin's price. From only looking at 2010, to the all-time trendline. We've looked at this before. Important to note that Bitcoin's all-time trend sometimes move up, and sometimes moves down. Follow the signal, not the noise!

All-time trend coefficients to draw it yourself:

Power formula: y = a * x ^ b

Coefficients found: y = 7.70E-18 * x ^ 587%

Prior videos with further info:

Original power regression: https://www.youtube.com/watch?v=FU2P_jJwVZ0

Evolution if power trends: https://www.youtube.com/watch?v=H8Up3Xvmv_4

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the sixty-seventh video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:35 Base money in banks

01:52 Demand deposits

03:45 Reserve ratio

04:15 Reserve ratio rising

06:36 Reserve ratio falling

08:55 Central bank sells gold

11:15 What makes Canada different?

12:30 Is fractional reserve banking the problem?

Here I talk about the reserve ratio of the Canadian banking system from the late '60s, until today. This is the ratio of base money in banks, relative to outstanding demand deposits - systemwide.

The most important question I ask and answer in this video is: Is fractional reserve banking (and low reserve ratios) the source of recessions?

Prior videos with further info:

Brown's Bottom: https://www.youtube.com/watch?v=LTkkPpCfxWA

USA Demand Deposits: https://www.youtube.com/watch?v=hF08eIt2AaY

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the sixty-sixth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:40 Physical currency (banknotes)

01:12 Money printing during Covid

01:51 CBDC? Don't forget CBPC!

03:30 Canada's free banking system

06:33 Canada's Great Depression

08:55 Benefits of branch banking

12:07 Physical currency (banknotes)

14:22 Bank reserves (settlement balances)

19:45 Compound annual growth rates

Here I talk about the wonderful free banking history of Canada. I also bring it into the present by looking at the growth of the monetary base, or Canada's base money, over the last 90 years, since the Bank of Canada was founded. How does it affect price inflation?

Prior videos with further info:

USA monetary base: https://www.youtube.com/watch?v=OPpTrgPNTz4

Scandic paper currency stocks: https://www.youtube.com/watch?v=fe3WaE8o0rY

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the sixty-fifth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:53 Latest daily average Tx fees (in dollars)

02:00 Non-base money use cases?

02:33 Use trailing twelve months!

07:40 TTM issuance % (in USD)

14:35 Other base money fees

19:13 BTC's fee % component will be more

20:10 TTM issuance % (in BTC)

Here I look at the average daily transaction fees, in US-dollar terms, for the Bitcoin protocol over its lifetime. Even with the explosion of Ordinals onto the scene these days and the demand for transaction-inclusion (block space) increasing, it does not change the fact that on-chain, mainnet bitcoins - UTXOs - are base money!

In addition, we will roll these transaction fees, over an entire year (trailing 12-months or trailing-365 days), and see how much of a % these fees make up of total miner revenue. Remember, the other (much larger, at present) component of mining revenue is the block reward, or the issuance of new coins.

Prior videos with further info:

TTM fees: https://www.youtube.com/watch?v=a06LVI-BrSU

TTM issuance: https://www.youtube.com/watch?v=nXQIi3JWrcc

Total TTM revenue (BTC): https://www.youtube.com/watch?v=IOmdRTWO6fo

Total TTM revenue (USD): https://www.youtube.com/watch?v=E_FZSRGPb3w

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the sixty-fourth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:35 Daily average transaction fees (in dollars)

01:23 Brief history of the chart

06:44 Taproot brought other use cases to BTC network

07:51 Doesn't change the fact: BTC is BASE MONEY

13:30 Layered protocols / Off-chain scaling is different

15:26 Conclusion on base money

Here I look at the average daily transaction fees, in US-dollar terms, for the Bitcoin protocol over its lifetime. Even with the explosion of Ordinals onto the scene these days and the demand for transaction-inclusion (block space) increasing, it does not change the fact that on-chain, mainnet bitcoins - UTXOs - are base money!

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

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