Episode 14: Can't spell stagflation without oil and gas

Pre-show Tease The Roblox saga continues News Mainstream Funny Verge article laughs at various flavors of bitcolin maximalism (https://www.theverge.com/2022/4/28/23042819/bitcoin-2022-miami-beach-conference-maxis) at Bitcoin 2022 Warren attacks Fidelity plan to add bitcoin to 401k(k) plans (https://archive.ph/zCH9N) Economics Economics Mini-Series: Three articles to grok the current monetary and energy transition Lyn Alden's epic What is money? (https://www.lynalden.com/what-is-money/) condenses 5000 years of monetary history into a half hour read Understand previous monetary transitions so the current one doesn't surprise you >The Swiss dropped their gold standard when I was twelve years old, which was six years after Amazon was founded, and three years before Tesla was founded. The fiat/petrodollar standard is only four times older than bitcoin, and only two times older than the first internet browser. That’s pretty recent when you think about it like that. Lyn Alden's Investing during stagflation (https://www.lynalden.com/investing-during-stagflation/) The last 20 years of low interest rates are bad experience for understanding high interest rate/high inflation investing Arthur Hayes' Doom Loop (https://entrepreneurshandbook.co/the-doom-loop-161a42bbcd50) is worth a second read, plays out the trades that lead to million dollar bitcoin Government Debt Spiral + energy crisis = YCC High inflation US, Breakup of EU, China divests dollars into energy, gold, btc? China's savings is a big problem Energy Chris can finally stop caring about energy misinformation and just hand out Lyn's bullish energy market forecast (https://www.lynalden.com/oil-and-gas/) Febuary story about the failure (https://www.youtube.com/watch?v=-0gbisTsj2w) of Spain's solar subsidy program Tokenomics Lyn Alden took the time to quantify how much volatility it will take to break the TERRA-LUNA peg (https://twitter.com/LynAldenContact/status/1520752169623998468) and how selling bitcoin reserves could trigger a market crash Solana needs another restart (https://twitter.com/SolanaStatus/status/1520508697100926977), POS is going great! NFT activity is flatlining (https://www.videogameschronicle.com/news/nft-sales-have-declined-92-since-their-peak/) surprising no one who took 10 minutes to think about the fundamentals of 'non-fungible tokens' HINT: the key is 'non-fungible' See the raw data here (https://nonfungible.com/market-tracker?days=7) Bitcoin Education A boost suggest we look into open timestamps (https://opentimestamps.org/) Feedback Remember to get in touch bitcoindadpod@protonmail.com or @bitcoindadpod on twitter See on-chain bitcoin activity using Glassnode (https://studio.glassnode.com/metrics?a=BTC&category=Entities&m=entities.NewCount) Sell files on lighting with agora (https://agora-org.github.io/agora/) Bitcoin KPIs (https://www.bitcoinkpis.com/) provides free on chain data about the bitcoin network See up to date mining pool data with the mempool.space (https://mempool.space/mining) mining dashboard Corrections None today! Outro Podcasting 2.0 to support an indepenent podcasting ecosystem (https://podcastindex.org/) The Fountain (https://www.fountain.fm/) podcast app Sponsors and Acknowledgements Music by Lesfm from Pixabay Self Hosted Show (https://selfhosted.show/) courtesy of Jupiter Broadcasting (https://www.jupiterbroadcasting.com/)