Chapter

Understanding Supply and Demand in Bitcoin
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2:21:47 - 2:25:47 (03:59)

This episode talks about how supply and demand works in Bitcoin and how it affects the price of the cryptocurrency.

Clips
Holding a mix of BTC and USD involves trade-offs as USD depreciates in the long term while BTC is short term volatile but shows immense long-term appreciation.
2:21:47 - 2:24:03 (02:15)
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BTC
The market clearing price rises when there is more demand than supply and drops when there is a surplus of supply.
2:24:03 - 2:25:47 (01:43)
listen on Spotify
Supply and Demand
Summary

The market clearing price rises when there is more demand than supply and drops when there is a surplus of supply. The next available unit might be more expensive when demand is high and inventory low.

Chapter
Understanding Supply and Demand in Bitcoin
Episode
#547: Balaji Srinivasan — Centralized China vs Decentralized World, The DeFi Matrix, Ascending vs Descending Trends, Bitcoin Mining as Energy Storage, Reputational Civil War, and Maximalism vs. Optimalism
Podcast
The Tim Ferriss Show