How Money Works Today And Tomorrow With Nik Bhatia: Bitcoin Magazine

Nik Bhatia, famous Bitcoin thinker and economist, joined this episode of the Bitcoin Magazine Podcast to discuss the recent corporate bond MicroStrategy issued to buy more bitcoin. Bhatia has a deep history in the bond world, and he explained that this is just the beginning of bond issuance for Bitcoin purposes, emphasizing that corporations can issue bonds for any purpose that they can justify to investors.

Then he dove into his new book, "Layered Money," which is currently available for preorder. Bhatia explained how the current monetary system has been built in layers and how bitcoin is the first new asset that lives completely outside of the current system.

Lastly, Bhatia answered some cosmic questions about the future of money and what a Bitcoin-based financial system looks like.

Timestamps:
0:00 Intro and ads
5:05 - 5:55 Bitcoin is such a unique asset because it is not a liability on someone else's balance sheet
9:00 -10:13 MicroStrategy buying bitcoin and what that means for the bond market
14:37 - 16:46 People call it a "speculative attack," Bhatia calls it "arbitrage"
18:14 - 19:58 We can see many types of companies issuing bonds to buy bitcoin and their reasoning will completely vary
21:03 - 22:27 Atomic swaps that make all crypto assets interoperable
24:33 - 26:04: Bitcoin exists outside the system and that is why we can build on it

For more compelling video content from Bitcoin's original publication, subscribe and turn on notifications for the Bitcoin Magazine YouTube channel.

Connect with us on social media and join the conversation:
Twitter: https://twitter.com/BitcoinMagazine
LinkedIn: https://www.linkedin.com/company/bitcoin-magazine/
Facebook: https://www.facebook.com/BitcoinMagazine
Twitch: https://www.twitch.tv/bitcoin

Subscribe to our newsletter and receive news and analysis before anyone else: https://bitcoinmagazine.com/subscribe

Listen and subscribe to our podcasts:
Apple: https://podcasts.apple.com/us/podcast/bitcoin-magazine/id1459884105
Spotify: https://open.spotify.com/show/1IxBiqXrUwWUgwiQwKWwxk?si=i1YLDbXySIGGZ1owRdgXtQ
Google: https://podcasts.google.com/feed/aHR0cDovL2JpdGNvaW5tYWdhemluZS5idGMubGlic3lucHJvLmNvbS9yc3M

~

Bitcoin 2021 will be the biggest Bitcoin conference ever! Get your ticket now: https://b.tc/conference