ECB still hating Bitcoin? AI-generated Podcast

This is my first AI-generated podcast created with NotebookLM debating the latest ECB paper about Bitcoin. Mind-blowing. Take everything with a grain of salt though. NFA.

Video credit: Viki Secrets | NotebookLM

AI-generated podcast (illustration created with copilot)

What is NotebookLM?

NotebookLM is a new AI tool from Google that lets you chat about documents you upload, summarize them and even create podcasts with two AIs discussing the content. Mind-blowing.

ECB still hating Bitcoin?

License: Creative Commons CC BY 4.0

AI debates the latest rather Bitcoin-critical paper by the ECB about the distributional consequences of Bitcoin favoring early investors, and its rebuttal by the Satoshi Action Eduction & Research group, highlighting the intrinsic utility of Bitcoin as a store of value and hedge against inflation.

One key take away of the debate is that fiat currencies like the Euro may have even worse distributional consequences created by inflation and money printing. This effect is often called the Cantillon effect.

Buckle up, this podcast is mind-blowing in many ways, but take everything with a grain of salt.

ECB Paper

Bindseil U, Schaaf J. 2024. The distributional consequences of Bitcoin. ECB.
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4985877

Rebuttal

Rudd MA, Farrington A, New F, Porter D. 2024. Challenging Bias in the ECB’s Bitcoin Analysis. Satoshi Action Education, Portland, Oregon.
https://dx.doi.org/10.13140/RG.2.2.17555.28968
https://www.murrayrudd.pro/challenging-bias-in-the-ecbs-bitcoin-analysis

Note

This podcast was co-created with the magic of AI (NotebookLM).

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