BitcoinMeister- Bitcoin, Cryptocurrency, Altcoins

This week in Bitcoin- 1-21-2022- Macro FREAKS! 2018? Google! Russia, Mining hearing, Zeus lightning, SuperSpreading Bitcoin 2022!

·1 hr 30 min·5 clips

Governments printed $12 trillion, but who really benefits from the Cantillon effect?

Adam Meister opens 'This Week in Bitcoin' on January 21, 2022, promoting the Bitcoin 2022 conference in Miami. He introduces three guests: Marcel, an author at Cointelegraph; Alessandro, offering a South American perspective; and Evan, a Lightning Network developer. The episode begins by addressing Bitcoin's price correlation with stocks and macro fears. Marcel explains that $12 trillion was printed in 18 months, detailing the Cantillon effect where insiders benefit while regular people get diluted. He argues the Fed's hands are tied on rate hikes to avoid breaking the financial system, and Bitcoiners shouldn't care. Alessandro compares the current fear to 2018, noting Bitcoin's correlation with NASDAQ hit an all-time high, but sees it as a buying opportunity. Evan discusses the Mayer Multiple indicator, suggesting Bitcoin is undervalued. The conversation shifts to central bank digital currencies. Evan describes CBDCs as a totalitarian hellscape enabling government surveillance and capital control, like haircuts on savings. Marcel analogizes CBDC adoption to his mother leaving Blockbuster only when forced, predicting people will turn to decentralized currency when restricted. Alessandro notes CBDCs could be enforced, referencing Venezuela's cash economy. On Russia and mining, Evan says bans hurt countries by pushing out wealth and innovation, while Alessandro ties it to Russia's de-dollarization and gold accumulation. Alessandro debunks a mining hearing claim about ASIC lifespans and e-waste. Evan then presents Zeus, his free, open-source Lightning app for remote node control and payments, with a major update coming. The panel debates Google's potential crypto card, with Marcel skeptical of big tech's motives and Evan cautious about custodial solutions. Alessandro sees it as Bitcoin naturally expanding. Discussion turns to El Salvador's Bitcoin-backed loans and national wallet, with mixed views on sustainability amid political volatility. Marcel emphasizes Bitcoin's hard money traits over payments in Brazil's inflationary context. Adam concludes by urging conviction and spreading the show.

As heard by us

Bitcoin talk here is really about conference energy, cross-border money, and the rails underneath both.

Adam Meister's January 21, 2022 BitcoinMeister installment leans on conference energy, macro nerves, and a South America discussion about how money moves.

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If you want Bitcoin talk that jumps from macro worries to Venezuela OTC desks, play this.

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