In this episode, Scott and Eric explore:
Why "Bitcoin, not crypto" is more than a slogan — and what separates Bitcoin from the ~3,500 other digital assets The two functions of money (store of value vs. medium of exchange) and why no historically "sound" money has existed The 1913 creation of the Fed, the ~97% decline in the dollar's purchasing power, and the 1971 suspension of the gold standard Gold's "weight problem" and how Bitcoin's weightlessness and absolute scarcity are designed to address it What absolute scarcity (21 million cap) means versus gold's supply responsiveness to demand Why family offices think in third-to-fifth-generation terms — for...