Parker Lewis
speaker
599 appearances
1 recordings
1 series
first heard Jul 2026
last heard 17 Jul
Parker Lewis’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
You know, you're not thinking about a fiat price of Bitcoin.
Well, in that world, Bitcoin's going to be, you know,
In a year, it might lose a percentage or two if there's some contraction in the economy, but more likely, it's going to be increasing in purchasing power as productivity increases, as people are willing to sell the same good for less money because they're able to produce it more efficiently at less cost.
you know, that's like saying like, you know, back when I was a child or, you know, a young adult, when a beer was a dollar say, um, rather than, you know, $8 today or whatever it is, it's like a beer going from like, you know, a dollar to 99 cents the next, the next year.
Well, in that world where money is appreciating and say that, you know, if there's 21 million Bitcoin and,
The amount of Bitcoin that's lent out is likely going to be a fraction of the $21 million.
So let's say that 10% of the Bitcoin are lent out, but not like lent out to do some trading scheme.
It's like, hey, I'm going to lend you this money and you go build a building.
A business, whatever.
Well, if 10% of Bitcoin are lent out, say $2.1 million...
And I know there are lost coins, but let's just use the example.
Well, the 21 million minus 2.1, the 18.9 million, that's the market of growth of who you're serving with that business.
And so, yeah, Bitcoin would be appreciating by productivity gains, but...
And some businesses would fail and not be able to repay loans, similar to how it existed on a gold standard, right?
Not all loans were repaid, but economic activity flourished.
So now, would there be a world where you had 21 million Bitcoin and the amount of debt in the system was 200 million Bitcoin?
No, because-
Some, some, the, the business, the businesses that have those loans will loans would fail and there couldn't be any bailouts.
Um, but it's not hard to imagine if you're thinking in that Bitcoin denominated world and seeing the credit system as, yeah, going back to its utility of, of productive capital formation, like actual capital, building a plant, building a manufacturing facility, um,
Building telecom infrastructure, you know, or building satellites, whatever people are building, that if the amount of debt that exists is a fraction of the total supply, that your growth of that money base that's lent is all the other Bitcoin.
Showing 481–500 of 599 · page 25 of 30
← Previous
Next →