4.8 • 764 Ratings
🗓️ 23 October 2024
⏱️ 95 minutes
🧾️ Download transcript
Marty sits down with Parker Lewis to discuss his new piece on bitcoin's vital function as a unit of exchange.
Parker on Twitter: https://x.com/parkeralewis
Read Parker's article: https://graduallythensuddenly.xyz/exchange-theory-of-value/?ref=tftc.io
0:00 - Intro
1:26 - Money touches everything
11:06 - Exchange theory of value
17:20 - Unchained
18:12 - Exchange is not zero sum
25:12 - Debasement interferes with market communication
33:21 - Zaprite & SOTE
34:54 - Is now the time to switch?
41:59 - Educating Zaprite customers
53:00 - Don’t rug yourself with fiat
57:53 - Bitcoin per unit mindset
1:06:10 - Competitive advantage against the vicious dollar cycle
1:11:34 - Parker’s urgency
1:16:13 - Political influence
1:28:22 - Check out Parker's stuff
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Click on a timestamp to play from that location
0:00.0 | Its ability to be exchanged is the only reason why it stores value. |
0:03.0 | Parker Lewis, head of business development at Zapright, a prolific educator and writer in the Bitcoin space. |
0:09.0 | His series, gradually then suddenly, has helped orange pill many bitcoins over the years. |
0:14.0 | And the more exchange that's available, the more valuable Bitcoin becomes. |
0:18.0 | And that's logical connection for people so they don't just sit there thinking, |
0:20.9 | I can sit in my burning home, not go out and create value, not demand Bitcoin as payment, |
0:25.6 | and think that this house isn't going to burn. That dollar inflation is this vicious cycle. |
0:31.0 | And there's no easy solution to it. There's no silver bullet of saying, I'm just going to opt out. When do you cut over? You're assuming, |
0:40.1 | well, there's going to be these rails when I need them. It's like, well, how do they just magically |
0:45.5 | exist at the time when everything's collapsed and when you need them? |
0:59.8 | You've had a dynamic where money has become freer than free. If you talk about a Fed just gone nuts, all the central banks going nuts. |
1:05.5 | So it's all acting like safe haven. |
1:08.6 | I believe that in a world where central bankers are tripping over themselves to devalue their currency, |
1:13.6 | Bitcoin wins. |
1:14.6 | In the world of fiat currencies, Bitcoin is the victor. |
1:18.6 | I mean, that's part of the bold case for Bitcoin. |
1:21.6 | If you're not paying attention, you probably should be. |
1:24.6 | Is your water okay? |
1:29.2 | I believe so. |
1:30.9 | I think we're winning. |
1:34.0 | It feels like the energy. |
1:36.0 | Energy feels like winning. |
... |
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