Debt Cycles & the Rise of Bitcoin with Greg Foss & Dylan LeClair

““The reality is that Bitcoin will outcompete every other money going forward…at this point during the monetization process is going to increase 10, 100, 500-fold maybe.”
— Dylan LeClair

Location: Remotely
Date: Thursday 15th July
Company: Validus Power Corp, Bitcoin Magazine
Role: Bitcoin Strategist, Director of Financial Markets & Research

In Ray Dalio’s video How the Economic Machine Works, he explains the concept of deleveraging long-term debt cycles. Currently, central bankers have pulled all the levers they can to avoid unwinding the supercycle of global debt, but eventually, something has to give.

The final tool that central bankers have to avoid creative destruction is inflation, and it is now a mathematical certainty that a devaluation of fiat currencies is coming. Is the rise of Bitcoin the only logical conclusion to the fiat money system?

In this interview, I talk to Bitcoin Strategist Greg Foss and Dylan LeClair from Bitcoin Magazine. We discuss crony capitalism and perpetual bailouts, why debt cycles spell inflation, and how the world will turn to Bitcoin. 

This episode’s sponsors:
Gemini – Buy Bitcoin instantly
BlockFi – The future of Bitcoin financial services – Online sportsbook & casino that accepts Bitcoin
Casa – The leading provider of Bitcoin multisig key security.
Exodus – The world’s leading Desktop, Mobile and Hardware crypto wallets.
Ledger – State of the art Bitcoin hardware wallet
Revolut – A better way to handle your money


WBD374 – Show Notes


If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:

Become a Patron and get access to shows early or help contribute

Make a tip:
Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S
QR Codes: Bitcoin
If you do send a tip then please email me so that I can say thank you

Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed

Leave a review on iTunes

Share the show and episodes with your friends and family

Subscribe to the newsletter on my website

Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube

If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.