What happens when a fixed monetary base collides with a world that needs credit to grow? In this conversation, Eric Stacks sits down with Radu Chichi — software engineer, Bitcoin thinker, and author of the essay "Bitcoin Doesn't Need to Stretch" — to unpack one of the most misunderstood debates in the Bitcoin space: the relationship between hard money, credit, and economic elasticity. The conversation covers why mainstream economists and Bitcoin maximalists talk past each other, how Michael Saylor's Strategy is engineering a reflexive flywheel that most people haven't grasped yet, why fractional reserve banking may have a legitimate place on a Bitcoin standard, and how the great demonetization of real estate, equities, and commodities is already quietly underway. This conversation explores the deeper forces shaping human behavior, institutions, and the future of civilization.
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0:00 – WiM Episode Trailer
1:44 – Podcast Begins
12:00 – Fixed Base vs. Elastic Layers: Why the Distinction Matters
25:35 – Mine Bitcoin with Blockware Solutions
27:00 – The Optical Illusion of Fiat: Broken Rulers and Low-Grade Psychosis
36:00 – How Strategy's Reflexive Flywheel Actually Works
51:56 – Performance Lab Supplements
53:06 – Credit on a Bitcoin Standard: Risk, Yield, and Opt-Out
1:07:00 – The Great Demonetization: What Happens to Real Estate
1:13:04 – The Farm at Okefenokee
1:14:05 – Incentives, Discipline, and the Future of Bitcoin Banking
1:36:53 – Protect Yourself From SIM Swaps
1:37:56 – Unlock the Wisdom of the Best Non-Fiction Books
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