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"Wake up people, this is\xa0not\xa0a drill. Contagion risks are increasing due to potential global stagflation... The intrinsic value of BTC has increased from the beginning of this year when I originally calculated the value to be over $150,000 per coin." - Greg Foss\n\nIf we removed the global payments network, we removed the hardest monetary unit in the world, we took out the programmability, and wanted to focus entirely on a key value proposition of Bitcoin - that it is a money external to the fiat structure, and therefore one of the only things that could act as insurance to its default, say a "credit default swap" on the fiat system... how could we calculate it's worth? Greg Foss brings us an excellent piece on Bitcoin Magazine, don't miss it.\n\nLink to the original here, as well as his far more through paper on Fixed Income investors and Bitcoin:\nhttps://bitcoinmagazine.com/markets/bitcoin-value-in-credit-default-swaps\n\n\u2022\u2022\u2022 If you haven't gotten your tickets for Bitcoin2022, DON'T WAIT! They only go up in value and you can save 10% on your tickets today with code GUYSWANN at checkout. Go to guyswann.com/2022 to snag them!\n\nCheck out our amazing sponsors below that keep this show alive, and all the things made audible for your listening pleasure!\n\u2022 Get sats back on everything with the Fold Card! Check them out at guyswann.com/fold for 20% off the Spin+ Card!\n\u2022 And keep those sats SAFE with the BitBox02 hardware wallet. 5% off with discount code "GUY" at guyswann.com/bitbox\n\u2022 Stack automatically every day, week, or month with low fees on a set-it-and-forget-it, Bitcoin only, savings service at SwanBitcoin.com/guy\nLearn more about your ad choices. Visit megaphone.fm/adchoices\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message