{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Bitcoin Frontier","title":"Should the U.S. build a national strategic bitcoin reserve?","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/d7d5b6c8\"></iframe>","width":"100%","height":180,"duration":3378,"description":"In this episode, we sit down with George Selgin, Director Emeritus at the Cato Institute’s Center for Monetary and Financial Alternatives, to explore his views on money, markets, and bitcoin’s role in the global economy. George shares his journey from studying marine biology to becoming a leading voice in monetary economics and discusses how definitions of money have evolved. We examine bitcoin’s classification as a synthetic commodity, its potential as a store of value, and whether it could ever replace the US dollar. George also analyzes the proposed bitcoin strategic reserve, highlighting its costs, risks, and implications for government debt.\n\nSUPPORT THE PODCAST:\n→ Subscribe\n→ Leave a review\n→ Share the show with your friends and family\n→ Send us an email podcast@unchained.com\n→ Learn more about Unchained: https://unchained.com/?utm_source=youtube&utm_medium=video&utm_campaign=TBF-podcast-description\n→ Book a free call with a bitcoin expert: https://unchained.com/consultation?utm_source=youtube&utm_medium=video&utm_campaign=TBF-podcast-description\n→ Buy bitcoin in an IRA—sign up today and get your first year free: unchained.com/frontier\n\nTIMESTAMPS:\n00:00:00 - Intro\n00:01:11 - Introducing George Selgin's background and career\n00:07:42 - Moving from Hong Kong to the University of Georgia\n00:09:50 - Defining money and its role in economics\n00:12:12 - Explaining why bitcoin doesn’t meet the definition of money\n00:13:31 - Defining the dollar and its place in the economy\n00:15:52 - Understanding gold’s history and modern role\n00:19:11 - Analyzing bitcoin as a synthetic commodity\n00:21:51 - Evaluating bitcoin as a store of value vs. medium of exchange\n00:24:52 - Discussing bitcoin’s long-term price potential\n00:29:21 - Examining markets, prices, and bitcoin’s future\n00:36:13 - Questioning if the US dollar could be replaced\n00:42:36 - Evaluating the bitcoin strategic reserve proposal\n00:49:11 - Breaking down the costs and risks of a bitcoin reserve\n00:55:00 -...","thumbnail_url":"https://img.transistorcdn.com/WoeHujZLSYOjeE_EY1iBuQ0tTK0I8K63kAncvwN8qto/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS83NTI2/Y2ZjZjFjN2NlZjI3/ZmQyZjc5ODQyMTc5/OTYxMi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}