Today we dive DEEP into the world of geopolitical game theory and the existing monetary order. We discuss where Bitcoin could fit into the existing power structures, how the current global conflicts could play out, and what tools we can use to gain clarity in these uncertain times.
00:00:00 Introductions
00:01:00 Bitcoin: A framework for thinking about its place in the world?
00:04:20 Matt’s Background in Geopolitics
00:05:30 Weaknesses in the current dollar system
00:10:00 What is liquidity?
00:12:30 US Treasuries: Safe and Liquid?
00:16:30 An unstable system
00:20:45 Who buys USTs?
00:22:00 Power Politics
00:24:00 Who has the power right now?
00:25:30 Reining in the shadow banking system
00:29:30 CBDC’s
00:30:00 Game of Monetary Thrones
00:32:00 USD: Freedom money?
00:34:30 Regulatory Coordination
00:36:00 Hegemony as world leader
00:36:30 A new world order?
00:38:43 Global Conflict Resolution
00:39:20 Monetary Dominance and Economic Warfare
00:44:00 China’s deflationary bust
00:46:45 Currency devaluation
00:48:00 Political Projection of Pain
00:49:30 Is this time different?
00:51:45 Global trade as leverage
00:53:15 The New Tools of Power Projection
00:56:10 How could we de-escalate from here?
00:59:00 The Danger Zone
01:01:03 Battle for Taiwan?
01:04:15 Back to Bitcoin
01:06:30 The Many Paths for Bitcoin
01:09:00 Bitcoin as Outside Money
01:11:20 Gold Standard Returns?
01:13:10 What is an SDR? Is it the future?
01:17:00 The many paths for money going forward
01:18:28 Bitcoin as store of value vs. medium of exchange
01:24:45 Bitcoin: Can it wrest monetary power from the hegemon?
01:28:00 Planning on losing hegemony
01:33:25 Bitcoin as Neutral Settlement Asset
01:43:20 Bitcoin 2030 and beyond
01:46:00 Goldbugs vs. Optimists
01:47:00 Financialization of Bitcoin
01:49:36 Technical Problems vs Monetary Problems
01:53:10 If Bitcoin has value the financialization follows
01:55:25 Bitcoin as a religion
01:58:42 Jedi swears to appreciate Bitcoin Maximalists
01:59:00 Wrap up