Mike and Matt discuss: - What are bitcoin and cryptocurrencies

  • Bitcoin vs Fiat

  • Why people are interested in bitcoin and what makes it appealing?

  • Why is bitcoin considered digital gold and an inflation hedge?

  • Ethereum

  • Fiat currencies push people to risk assets - the role of inflation

  • What is Bitcoin mining

  • Burying money in the backyard

  • Mike's bad Bitcoin pun

  • Russia's exclusion from SWIFT

  • The shifting from trading in US dollars to country specific currencies

  • Countries developing their own digital currencies

  • Using crypto to avoid sanctions