A Masterclass in Economic Calculation (Bitcoin Podcast) - Deepstash
Getting started with Cryptocurrency

Learn more about podcasts with this collection

Understanding the basics of cryptocurrency

How to store cryptocurrency securely

Risks and benefits of investing in cryptocurrency

Getting started with Cryptocurrency

Discover 84 similar ideas in

It takes just

15 mins to read


Bitcoin is going to, in a constructive way, infect everybody’s minds



845 reads

Defining inflation

Defining inflation

The consumer price index (CPI) is a poor inflation metric. The goods in it are picked so that it cannot indicate any inflation and thus permit money printing to go unchecked.

Inflation is the rate of price appreciation in a basket of goods, services or assets that you want to acquire in the future.

For example, if you want to live with your parents in the basement of their house, you don’t need a house or beachfront property and don’t intend to pay for electricity or utilities. For you, inflation will be the cost of beer, Netflix, youtube. The things you have to pay for is inflation to you. 


330 reads

Preserving the value of treasury over time

Three scenarios for CEOs:

  1. In a deflationary currency environment, the prices of goods and services will decline, and the currency will appreciate. If I keep the money and wait, the value of my money will accrete. 
  2. If monetary expansion equals economic growth, e.g., banks print 2% more currency, and the economy grows 2%, then treasury will remain stable.
  3. In a stagnant economy, the currency can rise to 5% a year. But if the economy grows less, the prices appreciate for anything scarce like an original Picasso, but will not appreciate for mass-produced goods/services, such as copies of a Picasso.


280 reads

Technology turns products into energy

Technology turns products into energy

Technology companies take products and services and turn them into information networks. As a result, whatever they touch becomes deflationary while they become billion-dollar companies in the process.

For example, Google dematerialised every library and every piece for every book, information, video, and music. Everything that Google, Apple, Facebook or Amazon touched became deflationary. The variable cost of sending a Netflix movie to a million people is the cost of electricity.


260 reads

Bitcoin as a scarce asset

Bitcoin as a scarce asset

When you compare Bitcoin to other assets, Bitcoin is a scarce piece of property. 

Bitcoin is liquid, global, fungible, there’s no property tax on it, no state taxing. It’s hard to produce Bitcoins. 


277 reads

Economic calculation

Monetary expansion was 24% in 2020, with a forecast of 10% to 15% for the next five years. Under 15% annual money supply expansion, if a company makes a 5% margin on its business, it will lose 10% of its value every year. That means in four years, half of its wealth will be destroyed.

If you want to preserve your wealth, you have to beat the hurdle rate (the minimum rate of return on investment) and risk premium.


223 reads

Store of value buckets

The main store of value buckets are fiat instruments, such as bonds, stocks and commercial real estate.

For bonds: Investors will have to beat the hurdle rate or drop interest rates.

For commercial real estate: Rent has to keep up with the hurdle rate.


213 reads


The Road to Serfdom consists of working exponentially harder in order to earn a currency growing exponentially weaker



221 reads

The road to ruin

The road to ruin

When we raise the hurdle rate, individuals have to work harder or take more risks. They have to compete against big tech companies that have money and power, resulting in many small businesses getting crushed.

To preserve value, companies will either have to leverage up to buy back stock or perform acquisitions. But integrating two companies has a 90% failure rate. Worse is that companies borrow money to buy another company. That is a road to ruin.


180 reads

Bitcoin as a solution

Cash is a liability, not an asset. Therefore, every fiat instrument based on cash should be discounted at 15% per year, such as stocks, bonds, and real estate.

While Bitcoin is volatile short-term, it is always worth more over five years.

If you generate cash flows in fiat currency that are growing slower than the hurdle rate, you can fix the problem by putting your cash into Bitcoin. Conservative bitcoin growth is estimated at 20% per year; consequently, the yearly income will surpass the company value.


194 reads

Big tech adopting Bitcoin

Big tech adopting Bitcoin

Bitcoin is a growing asset. It’s also the world’s first engineered monetary network that is growing faster than 100%. Corporations can add their balance sheets or PnL into this monetary network.

Square and PayPal compete against both big tech companies and banks. They offer their customers a savings account in Bitcoin that accretes 100% per year tax-free. (Compare that with a bond that offers a 10% taxable return.)

To keep up with competition, Apple or Goole will have to offer Bitcoin as that is what people want.


195 reads

Mutual funds, public companies and Bitcoin

To stay competitive, the mutual fund business needs to build bitcoin into their product offering. Similarly, traditional banks have to build bitcoin into their business, such as trading, banking, lending, yield, custody, etc.

People will know that public companies can buy bitcoin and then realise they can use debt to buy it. While retirement and investment funds can’t buy bitcoin directly, they can buy publicly traded stocks and look for companies with bitcoin exposure.


205 reads



Marine Scientist


A discussion on inflation, hurdle rates, and the mass adoption of Bitcoin.

Ready for the next level?

Read Like a Pro


Explore the World’s

Best Ideas

200,000+ ideas on pretty much any topic. Created by the smartest people around & well-organized so you can explore at will.

An Idea for Everything

Explore the biggest library of insights. And we've infused it with powerful filtering tools so you can easily find what you need.

Knowledge Library

Powerful Saving & Organizational Tools

Save ideas for later reading, for personalized stashes, or for remembering it later.

# Personal Growth

Take Your Ideas


Organize your ideas & listen on the go. And with Pro, there are no limits.

Listen on the go

Just press play and we take care of the words.

Never worry about spotty connections

No Internet access? No problem. Within the mobile app, all your ideas are available, even when offline.

Get Organized with Stashes

Ideas for your next work project? Quotes that inspire you? Put them in the right place so you never lose them.


2 Million Stashers


5,740 Reviews

App Store


72,690 Reviews

Google Play

Sean Green

Great interesting short snippets of informative articles. Highly recommended to anyone who loves information and lacks patience.

Ashley Anthony

This app is LOADED with RELEVANT, HELPFUL, AND EDUCATIONAL material. It is creatively intellectual, yet minimal enough to not overstimulate and create a learning block. I am exceptionally impressed with this app!

Shankul Varada

Best app ever! You heard it right. This app has helped me get back on my quest to get things done while equipping myself with knowledge everyday.


Don’t look further if you love learning new things. A refreshing concept that provides quick ideas for busy thought leaders.

Jamyson Haug

Great for quick bits of information and interesting ideas around whatever topics you are interested in. Visually, it looks great as well.

Ghazala Begum

Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.

Giovanna Scalzone

Brilliant. It feels fresh and encouraging. So many interesting pieces of information that are just enough to absorb and apply. So happy I found this.

Laetitia Berton

I have only been using it for a few days now, but I have found answers to questions I had never consciously formulated, or to problems I face everyday at work or at home. I wish I had found this earlier, highly recommended!

Read & Learn

20x Faster





Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving & library

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Personalized recommendations


Claim Your Limited Offer

Get Deepstash Pro

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.


I agree to receive email updates