Bitcoin
$66,098.64+0.23%
Ethereum
$3,175.06-0.86%
Binance Coin
$604.06+0.52%
Solana
$154.19+0.81%
XRP
$0.54446888+2.16%
Dogecoin
$0.15799324-1.10%
Toncoin
$5.72-6.21%
Cardano
$0.51703853+1.18%
Shiba Inu
$0.00002652-1.90%
Avalanche
$38.17-3.25%
Wrapped Bitcoin
$66,151.84+0.07%
Bitcoin Cash
$507.90-0.56%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index
Countdown to Consensus 2024The largest and longest running event that covers all sides of Crypto and Web 3
36
DAYS
00
HR
25
MIN
36
SEC
Markets

Why Money Is Losing Its Meaning, Feat. Jared Dillian

As government work to stimulate economies on lockdown, even "normies" are starting question limitless money printing.

By Nathaniel Whittemore
AccessTimeIconApr 17, 2020 at 7:00 p.m. UTC
Updated Sep 14, 2021 at 8:30 a.m. UTC
Breakdown4.17
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

As governments unleash trillions in fiat currency on the planet to stimulate economies on lockdown, even "normies" are starting to question limitless money printing.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

Bitcoiners are particularly sensitive to Federal Reserve intervention in markets, but the degree to which the Fed is willing to print money to backstop basically all risk is drawing the attention of even normal market participants. 

See also: The Questions We're Not Allowed to Ask, Feat. Hidden Forces' Demetri Kofinas

On this episode of The Breakdown, NLW is joined by Jared Dillian, market analyst, contrarian and editor of The Daily Dirt Nap. They discuss:

  • What "safe haven" means for money in today’s climate
  • How Jared became a bitcoin believer after being a skeptic 
  • Why in an MMT world, taxation policy will be driven by ideology, not practicality 
  • Why money is losing its meaning 

See also: Bitcoin Maximalism, Entrepreneurs and COVID-19 in Zimbabwe

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.