BTC096: Fractional Reserve Banking Vs Bitcoin w/ Mike Stroup (Bitcoin Podcast)

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 21 September 2022

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

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Summary

IN THIS EPISODE, YOU’LL LEARN: 01:22 - The numbers around federal interest expense and rising interest rates. 23:58 - Mike's thoughts on the broad money supply being the best way to measure inflation. 28:36 - A comparison between now and 2007. 34:51 - Explaining reverse repo in a simplified way. 47:23 - How do countries use reserve to defend a currency and does the countries size matter? 48:07 - Why currency spreads are making it hard to service dollar denominated debts. 54:47 - Is this time different? 58:25 - Is the 50% attack vector even worth worrying about? 01:03:03 - Mike Stroup's background. 01:04:18 - Mike and Preston share military pilot stories. *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Mike Stroup's Twitter The charts from the show. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: SimpleMining Hardblock AnchorWatch Human Rights Foundation Unchained Vanta Shopify Onramp Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

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0:00.0	You're listening to TI-P.
0:03.0	Hey everyone, welcome to this Wednesday's release of the Bitcoin Fundamentals podcast.
0:07.1	On today's show I have former F18 pilot turned information technology consultant and that's
0:12.4	Mr. Mike Strupe.
0:14.0	Mike has demonstrated a profound understanding around the plumbing of central banks and
0:17.9	traditional finance and like many others he's a proponent of what Bitcoin offers the
0:22.1	world as a decentralized source of base money.
0:25.0	On the show we talk about how some of the traditional plumbing works and how fractional
0:28.6	reserves banking has made market moves difficult for most investors to wrap their heads around.
0:33.8	At the end of the interview Mike and I have a little bit of fun talking about our own
0:36.9	personal experiences as former military pilots.
0:40.0	So this was a fun one that you won't want to miss so here's my interview with Mike Strupe.
0:45.2	You're listening to Bitcoin Fundamentals by the Investors podcast network.
0:53.8	Now for your host Preston Pish.
1:06.8	Hey everyone, welcome to the show.
1:08.4	Here I am with Mike Strupe.
1:10.0	Mike, welcome to the Investors podcast Bitcoin Fundamentals.
1:13.8	Awesome to have you.
1:15.8	Thank you so much.
1:16.8	I wasn't going to show all the time so I really feel lucky to be on it.
1:20.8	Thank you so much.
1:22.0	So let's dive right into it.
	...

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