Could Bitcoin End Inflation? Insights from 'The Hidden Cost of Money' Author Seb Bunney

In this episode of The Web3 Prof Podcast, we're joined by Seb Bunney, author of 'The Hidden Cost of Money'. Seb dives into the fundamentals of blockchain, Bitcoin, and the Austrian economic perspective on money and inflation. We explore how Bitcoin's deflationary structure, fixed supply, and potential as a 'store of value' could reshape our financial system. Seb addresses key questions: Can value exist without physicality? Does Bitcoin promote wealth creation, or does it encourage hoarding? And how might Bitcoin provide an escape from inflation's ‘invisible tax’ on society? Seb also offers insights into the economic impact of central bank inflation policies, the psychological effects of inflation, and how Bitcoin could alter attitudes in economies affected by hyperinflation. Finally, we discuss the possible future role of Bitcoin in debt-dependent economies and how governments might handle recessions without traditional inflationary tools. If you're interested in Bitcoin, blockchain, inflation, or Austrian economics, this episode is packed with valuable insights! Bitcoin, blockchain, Seb Bunney, The Hidden Cost of Money, Austrian economics, inflation, deflation, store of value, hyperinflation, central banks, economic growth, Bitcoin hoarding, monetary policy, Web3 Prof Podcast, cryptocurrency, economic crisis, debt dynamics, Bitcoin vs inflation.