Satoshi Saturdays: Central Banking - The Breakdown

On this episode of Satoshi Saturdays, we get into the root of our issues ... central banking and the central control of money creation. How does someone borrow something that doesn’t exist? And how does someone profit by lending something at a cost that doesn’t exist? This is wrong, and we would argue the reason human civilization is currently degrading in principles and ways of life. Satoshi Saturdays is a short form news outlet focused on bitcoin and the Bitcoin network. We want to share with you the hottest topics of the week. Listen on your way to work, at the gym, or even with your friends and family! Connect with us! Get Gear: The Satoshi Shop Linktr.ee: The Nyc & Griff Show Twitter: @NycandGriffShow YouTube: The Nyc & Griff Show Show Notes: 00:00 - Intro 01:15 - Bitcoiners are time travelers 03:00 - Legislation and Bitcoin 05:45 - Bitcoin and bitcoin 06:20 - Do we root for regulation? 07:30 - Silvergate 10:00 - Not being able to report loses 12:12 - Money works just fine 15:00 - They’re stealing your value 15:58 - Cost of Money 18:45 - The effects of interest rates 21:00 - Purchasing power for median home 22:11 - Shitty money shitty people 23:17 - wrap up Content for The Nyc & Griff Show and Satoshi Saturdays is not financial advice and is to be used only as our opinions. The opinions we express are only representations of our own individual thoughts and no one else we are associated with.