Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the seventy-fourth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:25 Five years of research 02:39 How much has it grown? 05:10 83% of value in top 5 currencies 06:30 66% of value in top 5 liberal Here I review the total basic money ...
Jun 08, 2023•10 min•Season 7Ep. 86
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the one hundred fifty-second podcast episode from Crypto Voices. Show support appreciated: donations.cryptovoices.com Matthew, Alec, and Michel interview Obi Nwosu, founder and CEO of Fedi, a company building on and pushing adoption of the Fedimint protocol for federated Bitcoin communities. Contents 00:00 Intro 01:37 Background in Bitcoin 11:3...
Jun 05, 2023•1 hr 3 min•Season 7Ep. 85
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the one hundred fifty-first podcast episode from Crypto Voices. Show support appreciated: donations.cryptovoices.com Matthew and Alec interview Omid Malekan, adjunct professor at Columbia Business School and author of several books, including Re-Architecting Trust: the Curse of History and the Crypto Cure for Money, Markets and Platforms. Conte...
May 30, 2023•1 hr 15 min•Season 7Ep. 84
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the seventy-third video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:45 Bedlam in Tampere 01:48 More Latvian fans 03:52 GDP vs. US 06:20 GDP vs. RU 08:47 Latvia WINS Here I review the recent, amazing, first-ever bronze medal for Latvia ...
May 29, 2023•9 min•Season 7Ep. 83
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the seventy-second video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:18 Fees in USD landscape 02:22 TTM issuance % in USD terms 04:03 TTM issuance % in BTC terms 05:25 TTM will tell you if trend is changing Here I review the fee spikes...
May 26, 2023•7 min•Season 7Ep. 82
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the seventy-first video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:21 Peter's bearish stance 01:28 Gold on left, Bitcoin on right 02:20 2011 comments 02:39 2013 comments 03:40 2014 comments 04:39 2015 comments 05:23 2016 comments 06:0...
May 19, 2023•19 min•Season 7Ep. 81
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the seventieth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:32 Starting at bottom of bear 01:39 Exponential trends straight lines on log 02:40 2005 trendline 04:37 2012 trendline 06:07 2015 trendlines until today 10:15 Looking out...
May 18, 2023•16 min•Season 7Ep. 80
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-ninth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 01:01 First times breaking above & below 03:06 Into and out of crypto winter 06:21 Nov-2018 puke below 07:51 Trends around 2021 double top 12:55 Closing answers!! Here ...
May 17, 2023•16 min•Season 7Ep. 79
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-eighth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:58 Power trendline all-time 02:05 Working backwards in time 04:17 Dec-2030 trend predictions 07:32 The trends do NOT always fall 09:26 Signal not noise Here I talk abou...
May 16, 2023•10 min•Season 7Ep. 78
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-seventh video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:35 Base money in banks 01:52 Demand deposits 03:45 Reserve ratio 04:15 Reserve ratio rising 06:36 Reserve ratio falling 08:55 Central bank sells gold 11:15 What makes ...
May 15, 2023•15 min•Season 7Ep. 77
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-sixth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:40 Physical currency (banknotes) 01:12 Money printing during Covid 01:51 CBDC? Don't forget CBPC! 03:30 Canada's free banking system 06:33 Canada's Great Depression 08:5...
May 12, 2023•24 min•Season 7Ep. 76
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-fifth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:53 Latest daily average Tx fees (in dollars) 02:00 Non-base money use cases? 02:33 Use trailing twelve months! 07:40 TTM issuance % (in USD) 14:35 Other base money fees ...
May 10, 2023•23 min•Season 7Ep. 75
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-fourth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:35 Daily average transaction fees (in dollars) 01:23 Brief history of the chart 06:44 Taproot brought other use cases to BTC network 07:51 Doesn't change the fact: BTC ...
May 09, 2023•17 min•Season 7Ep. 74
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-third video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:25 Brief history of paper money 02:10 Denmark physical currency supply 03:10 Norway physical currency supply 05:58 Sweden physical currency supply 08:58 Rare to find shr...
Apr 26, 2023•17 min•Season 7Ep. 73
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the one hundred fiftieth podcast episode from Crypto Voices. Show support appreciated: donations.cryptovoices.com Matthew and Alec interview Ben Prentice, co-creator of the wonderful gold-influenced website 'WTF Happened in 1971?' He is also a producer of the What Bitcoin Did podcast with Peter McCormack. He is both a student and teacher of Aus...
Apr 25, 2023•59 min•Season 7Ep. 72
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-second video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:38 Review of Fed Balance sheet (Base money) 02:24 BTC market cap vs. Fed Balance sheet 03:29 Power trendline: BTC penetration (95% R-squared) 09:15 Compare prior trendl...
Apr 24, 2023•12 min•Season 7Ep. 71
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-first video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 00:15 The balance sheet of the Federal Reserve 01:45 Disclaimer 1: Monetary base (Total Fed assets) 03:50 Disclaimer 2: Bitcoin is analogous to more than USD base money! 04:58 Recent Fed bala...
Apr 21, 2023•15 min•Season 7Ep. 70
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixtieth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 00:20 Review of debt after Vietnam 02:22 Ronald Reagan and US debt 04:25 Bill Clinton and US debt 09:47 US debt up to and during the GFC 15:24 US debt through Covid and until today 18:07 What do...
Apr 19, 2023•26 min•Season 7Ep. 69
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the fifty-ninth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 00:20 Review of 1800s during Gold standard 01:50 World War I 05:05 Fed debt holdings before Great Depression 08:00 Great Depression period 09:10 World War II 12:03 Vietnam War Here we look at...
Apr 18, 2023•16 min•Season 7Ep. 68
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the fifty-eighth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 00:25 First congress, first president, first constitution 01:20 Federal reserve ownership of government 01:55 Total public debt 03:13 Debt vs. Money 05:15 First Bank of the United States 07:...
Apr 17, 2023•17 min•Season 7Ep. 67
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the fifty-seventh video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 00:20 Log scale 01:20 Best BTC-fitting trend is power trendline 02:20 2010 power trendline 05:20 2012 power trendline 06:10 2014 power trendline 07:30 2016 power trendline 09:45 2018, 2019,...
Apr 14, 2023•14 min•Season 7Ep. 66
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the fifty-sixth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 01:10 Fed Funds target rate 04:14 Fed Funds effective rate 05:29 Interest on bank reserves 08:40 US 1 year T-bill 09:13 US 2 year T-note 10:08 US 3 year T-note 10:35 US 5 year T-note 10:40 US...
Apr 13, 2023•24 min•Season 7Ep. 65
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the fifty-fifth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 00:55 From discount rate to Discount window 05:25 2006 regulation allowing 'Interest on reserves' 07:38 IORR and IOER are dotted lines 09:35 How and why a 'corridor system?' 11:34 Floored! 19...
Apr 12, 2023•25 min•Season 7Ep. 64
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the fifty-fourth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 02:00 Exploding reserves (and balance sheet) 03:20 What happens when supply outstrips demand... 04:35 "Tool 1:" Interest on required reserves 09:09 "Tool 2:" Interest on excess reserves 14:1...
Apr 11, 2023•17 min•Season 7Ep. 63
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the fifty-third video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 01:45 Review of all-time high rates 03:03 Once the hard work was done... 05:34 Fed begins new 'Target rate' 10:42 Greenspan put 12:16 The birth of the housing bubble 14:40 Cracks in the syste...
Apr 10, 2023•25 min•Season 7Ep. 62
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the fifty-second video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 00:30 Walter Bagehot 03:20 Bagehot's theory on the lender of last resort 04:56 Great depression (with Bank reserves) 08:14 Fed funds effective rate 10:59 Discount rate is 'penalty' in 50s &a...
Apr 05, 2023•21 min•Season 7Ep. 61
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the one hundred forty-ninth podcast episode from Crypto Voices. Show support appreciated: donations.cryptovoices.com Matthew and Alec interview Lewis Cohen from DLx Law about Bitcoin, crypto, and securities law. He recently co-authored an important paper about the topic for regulators. Contents 00:00 Intro 01:50 Is Bitcoin a security? 02:25 Tre...
Apr 04, 2023•57 min•Season 7Ep. 60
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the fifty-first video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 01:00 What does the central bank do? 01:40 How do Fed interest rates compare with history? 03:13 Is the interest rate the price of money? 05:47 Centralized control of interest rates 06:30 Roa...
Apr 03, 2023•23 min•Season 7Ep. 59
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the fiftieth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 00:58 Weekly balance sheet update 03:30 To be clear: Base money is Notes + Bank reserves 05:50 Treasury general account (an 'other' Fed deposit) 10:50 TGA during covid pandemic 14:10 Treasury do...
Mar 31, 2023•26 min•Season 7Ep. 58
Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the forty-ninth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast. Contents 00:00 Intro 01:50 Monetary base review 02:20 Notes % of balance sheet 07:44 Liability three: Reverse repo facility 08:56 Reverse repo % of balance sheet 09:10 History of Fed publication data 11:33 What a...
Mar 30, 2023•24 min•Season 7Ep. 57
