Taking Care of Bitcoin

Today we answer the question: Won't Bitcoin Fall into a Deflationary Spiral? Will Bitcoin Trigger a Deflationary Spiral?  Productivity, Inflation, and AI Abundance TCB addresses the objection that Bitcoin would cause a deflationary spiral by encouraging hoarding, arguing instead that deflation is often the natural result of free-market productivity gains. It distinguishes “bad deflation” from...

Bitcoin, AI, and the Future of Money with Cale McQuitty TCB talks to Cale McQuitty, a Houston-based fabrication company co-owner who has pivoted into data centers, about how he first encountered Bitcoin, moved past “get rich quick” impressions, and came to see it as a mix of money, technology, and a network. They discuss institutional and nation-state involvement (including ETFs and a U.S. Bitcoin...

Today we answer the question: Won't the Finite Amount of Bitcoin Be a Limitation? Is Bitcoin’s Fixed 21M Supply a Limitation? Divisibility, Deflation, and Sound Money TCB addresses the criticism that Bitcoin’s fixed 21 million supply can’t support a global economy, arguing scarcity is central to its value and prevents inflation by governments and central banks. It explains Bitcoin’s post-2008...

Today we answer the question, Does Bitcoin Unfairly Benefit Early Adopters? TCB argues that criticism of Bitcoin “unfairly” enriching early adopters reflects a double standard, since early investors in companies like Amazon or Apple are celebrated. It claims fairness is about equal opportunity, and Bitcoin was broadly accessible with no gatekeepers, minimums, or insider rounds; it was “ignored,” n...

Today we answer the question: Is Bitcoin a Ponzi Scheme? TCB examines the claim that Bitcoin is a Ponzi scheme and argues instead that the modern fiat monetary system more closely matches Ponzi characteristics. It defines a Ponzi scheme by five traits: a central operator, promised returns, paying old investors with new investor money, lack of transparency, and dependence on constant inflows. It th...

Today we answer the question: Is Bitcoin a Bubble? TCB argues that Bitcoin is often labeled a bubble, but true bubbles don’t solve problems and, after collapsing, don’t recover (as with 1637 tulip mania). While Bitcoin is highly volatile and has repeated 70–80% drawdowns, it has historically rebounded to higher lows and driven stronger infrastructure, suggesting price discovery rather than a perma...

Today we answer the question: Can Bitcoin Become Worthless? We examine whether Bitcoin can become worthless, defining worthless as when no one subjectively sees value in something. We argue that historically money becomes worthless mainly through uncontrolled supply expansion and inflation—citing Weimar, Zimbabwe, Venezuela, and noting the U.S. dollar has lost 97% of its purchasing power since 191...

TCB Re-Hash with Matt Marfil: Volatility, Self-Custody, ETFs, and Fiat Debasement Today we revisit Matt Marfil, three and a half years after our November 2022 talk near Bitcoin’s ~$15,700 low, discussing its rise to 126k and pullback to 60k. Matt still views Bitcoin as inflation-proof, non-government-manipulable money but finds price uncertainty difficult; the host argues price is “advertising,” w...

Today we answer the question: What Determines Bitcoin's Price? Supply/Demand Network Adoption Monetary Debasement Priced at the Margin Potential Upside And more! X: @TCBcoin https://x.com/TCBcoin Instagram: @TCBcoin https://www.instagram.com/tcbcoin/ www.takingcareofbitcoin.com https://www.takingcareofbitcoin.com/

Today we answer the question: Why Does Bitcoin Have Value? Bitcoin isn't backed by anything Monetary parameters that give something value Absolute scarcity Decentralization/Trust minimization Security/Immutability Bitcoin is digital property rights Global, neutral money And more! X: @TCBcoin https://x.com/TCBcoin Instagram: @TCBcoin https://www.instagram.com/tcbcoin/ www.takingcareofbitcoin.c...

Tale from the front lines: accused of operating an unlicensed money transmitting business!  Today we talk with Dave Scotese about... Discovery of digital scarcity Difficulty of replicating Bitcoin First mover advantage Psychology of asset valuation Accusation of operating an unlicensed money transmitting business and money laundering The system understanding Bitcoin as a threat to its power struct...

Bitcoin is for Non-Profits!   Today we talk with The Bitcoin District Initiative Founder and President Trey Musgrave about... Patience required to build Bitcoin conviction Importance of building a Bitcoin circular economy Paradigm shifting from speculative asset to superior money The asset is the network Hurdles to merchant adoption Clarifying Bitcoin is not crypto Bitcoin attacks succumbing to ma...

Today we answer the question: How is Bitcoin Created? Bitcoin mining process Bitcoin creation vs. Fiat money creation What happened in 1971? Societal ills caused by monetary inflation Bitcoin is a return to monetary discipline And more! X: @TCBcoin https://x.com/TCBcoin Instagram: @TCBcoin https://www.instagram.com/tcbcoin/ www.takingcareofbitcoin.com https://www.takingcareofbitcoin.com/

Today we check back in with TCB Episode 7 guest Mike Albert!   We discuss... Intersection of Bitcoin and Artificial Intelligence Bitcoin as a tool to pay down the national debt Bitcoin store of value vs. medium of exchange Difficulty of valuing Bitcoin Bitcoin repricing the world Future of Bitcoin mining Update on Bitcoin energy use Need for quantum resistance And more! X: @TCBcoin https://x.com/T...

Today we answer the question: Can Bitcoin Scale to Become a Major Payment Network? Bitcoin transactions per second Bitcoin is a protocol, not a product Scalability challenges Evolutionary process of monetization Scaling solutions Outlook for Bitcoin as a payment network And more! X: @TCBcoin https://x.com/TCBcoin Instagram: @TCBcoin https://www.instagram.com/tcbcoin/ www.takingcareofbitcoin.com ht...

Bitcoin is for Entrepreneurs!   Today we talk with Bitcoin Timber Company Founder Shane Anthony about... Never ending learning in Bitcoin The Bitcoin Timber Company Repurposing Bitcoin mining heat Bitcoin is not a waste of energy How Bitcoin changes incentives Inflation pushing people toward Bitcoin Rotational redistribution Extraction built into the fiat system Idea of Bitcoin as money being incr...

Bitcoin is for Chief Marketing Officers!   Today we talk with Sovreign CMO John Balkam about... Aligned incentives in Bitcoin Ethical businesses need ethical money Effects of inflation on small business Bitcoin as a brand amplifier Decreasing transaction costs Paradigm shift of deflationary money Bitcoin treasury company dynamics Parallels to internet adoption Necessity of Bitcoin for business sur...

Bitcoin is for Developers!   Today we talk with developer Josh Swift and hear his amazing story about recovering Bitcoin from 2010! Early days of Bitcoin Rediscovering Bitcoin over a decade later Bitcoin is hope for a better future Personality types that gravitate toward Bitcoin Lack of financial education Motivation for open source coding Incentives of Bitcoin Self-custody best practices Great mi...

Today we answer the question: What Happens When Bitcoin is Lost? Self-custody means self-control Bitcoin never leave the network Common causes of lost Bitcoin Consequences of lost Bitcoin Will we "Run out of Bitcoin?" Divisibility supports growth And more! X: @TCBcoin https://x.com/TCBcoin Instagram: @TCBcoin https://www.instagram.com/tcbcoin/ www.takingcareofbitcoin.com https://www.taki...

Bitcoin is for Policy Advocates!   Today we talk with Michigan Bitcoin Trade Council Executive Director Amber Harris about... Need to understand the problem to see the solution Bitcoin is a non-partisan issue Educating legislators on Bitcoin Economic damage caused by money printing Trump vs. The FED Opportunity for individuals to front run Possibility of a new monetary regime emerging Protecting a...

Bitcoin is for CPAs!   Today we talk with Certified Public Accountant and Entrepreneur Betsy Morem about... Risk happens fast Bitcoin is not an investment, it's a monetary migration S-curve of technology adoption Timeframe for Bitcoin to become a medium of exchange Stablecoin proliferation Adapt or die moment for businesses Bitcoin destroying the hidden tax of inflation Monetary regime change...

Today we check back in with TCB Episode 18 guest Mark Young!   We discuss... The innovation of digital scarcity Primary demand drivers Approaching a threshold of inevitability Remaining addressable market  Generational shift toward digital assets Wealth inequality driven by fiat debasement Inevitable debt spiral First mover advantage Working for money that respects you Inability to "redistrib...

Today we answer the question: Is Bitcoin Anonymous?  What does "Anonymous" mean? How Bitcoin works Who says Bitcoin is for criminals? Bitcoin vs. Cash Transparency is a feature Why the focus on crime and not inflation? And more! X: @TCBcoin https://x.com/TCBcoin Instagram: @TCBcoin https://www.instagram.com/tcbcoin/ www.takingcareofbitcoin.com https://www.takingcareofbitcoin.com/

Bitcoin is for the Shipyard!   Today we talk with Sheet Metal Mechanic Russell Thomas about... De-mystifying self-custody Bitcoin emerging as a safe haven asset It is not a trade, it's a monetary migration Bitcoin as a bearer asset The discovery of digital scarcity Bitcoin draining the fixed income market Filters on Bitcoin Are there any other uses for blockchain? Will Bitcoin be currency? An...

Yes, THE Jason Maier, author of A PROGRESSIVE'S CASE FOR BITCOIN!   Today we talk with Jason about... Concern over continued politicization of Bitcoin Recent political wins for Bitcoin Hostility of the prior presidential administration Need for Democrats to differentiate themselves on Bitcoin Lack of fundamental fairness in the current economic system Myth that inflation is required for a hea...