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How did the Federal Reserve respond to the COVID-19 pandemic in terms of money printing?
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586 billion dollars were printed in one week.
What are the key properties of money according to the webinar?
Scarcity, divisibility & fungibility, and transferability.
Why does money tend to converge to a single form?
To facilitate trade efficiently.
What major shift could occur within the next decade according to the webinar's predictions?
Widespread adoption of Bitcoin disrupting traditional monetary systems.
What was the key catalyst that drove Parker Lewis to understand Bitcoin?
The Federal Reserve’s quantitative easing (QE) and its impact on monetary systems.
How did the Federal Reserve respond post-2008 Financial Crisis in terms of money printing?
3.6 trillion dollars were printed from 2009 to 2014.
Why does quantitative easing (QE) potentially lead to inflation?
QE increases the money supply, which can devalue the currency and raise the prices of everyday goods.
Which countries were highlighted as potential future adopters of Bitcoin following El Salvador?
Ukraine and Brazil, among others.
What are the economic incentives behind Bitcoin’s attractiveness?
Bitcoin protects value over time due to its fixed issuance and increasing fiat currency devaluation.
What happens to the rate of new Bitcoin issuance over time?
The rate of new Bitcoin issuance decreases over time.
What does Parker Lewis suggest could replace existing fiat currencies if Bitcoin enforces its 21 million supply?
Bitcoin could replace existing fiat currencies.
What did Saifedean Ammous emphasize regarding 'harder money'?
"It is not possible to insulate from consequences of others holding harder money than yours."
What historical context was used to explain the convergence to a single form of money?
The gold standard and its parallels to Bitcoin’s fixed supply.
What role does Unchained Capital aim to fulfill in the Bitcoin ecosystem?
Providing secure, decentralized custody of Bitcoin wealth with innovative products like lending services and IRAs.
What service does Justine Harper provide at Unchained Capital?
Concierge services focused on helping clients understand and securely self-custody their Bitcoin.
Who hosted the Bitcoin webinar conducted by Unchained Capital?
Justine Harper, VP of Concierge at Unchained Capital.
What is the fixed supply limit of Bitcoin?
21 million bitcoins.
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