SHOW NOTES:
https://www.whatbitcoindid.com/podcast/the-road-to-hyperbitcoinisation-with-knut-svanholm

In this interview, I talk to bitcoin author Knut Svanholm. We discuss the road to hyperbitcoinisation and its impact on society, whether everything other than Bitcoin is a scam and why bitcoin's value always grows.

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TIMESTAMPS:
00:00:00 Introduction
00:08:03 J-Shaped price prediction
00:20:01 Hyperbitcoinisation for individuals
00:26:55 Crapto-currencies
00:38:27 Confusion or scams?
00:54:57 Room for anything else?
01:02:41 Knowing is owning
01:08:00 Road to Hyperbitcoinisation
01:15:20 Has Bitcoin changed you?

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****

“If the game we’re playing is money, there is only one winner and the best form of money is that winner and that’s what bitcoin is… there’s no competition there.”
— Knut Svanholm

Location: Remotely
Date: Wednesday 4th August
Role: Author

Hyperbitcoinisation is a belief that the current fiat monetary system is broken and a change is inevitable. Eventually, the hardest form of money will rise to the top and society will then adopt a Bitcoin standard, with Bitcoin as the world's dominant form of money and the base asset of the entire financial system.

While to some this might sound extreme, in just 12 years, Bitcoin has become a $900bn asset class, and El Salvador has recently become the first country to adopt it as legal tender. Meanwhile, fiat currencies are being debased at an unprecedented rate, and higher levels of inflation are flashing warning signals.

So what does the road to hyperbitcoinisation look like? And how does it impact society?

In this interview, I talk to bitcoin author Knut Svanholm. We discuss the road to hyperbitcoinisation and its impact on society, whether everything other than Bitcoin is a scam and why bitcoin's value always grows.