Are Bubbles Good? - How Speculative Mania Might Save Our Future

How can economic bubbles be good for the world?

Byrne Hobart is a financial analyst known for his newsletter "The Diff" which covers tech, trends and economics. Byrne has been on the periphery of crypto for longer that this podcast has existed

In this podcast we discuss the book he has co-authored, Boom: Bubbles and the End of Stagnation, where he makes the case for why human progress has stagnated and why speculative bubbles might be the only way out.

TIMESTAMPS

0:00 Intro
3:20 Byrne’s Crypto Background
6:04 Bitcoin Inception
24:08 Blockspace Economics
30:10 BOOM Thesis
41:25 The Great Stagnation
1:12:37 Civilizational Risk
1:26:16 Good Bubbles vs Bad Bubbles
1:33:49 Identifying the Next Bubble
1:41:37 Closing & Disclaimers

RESOURCES

Byrne Hobart
https://x.com/ByrneHobart

Boom: Bubbles and the End of Stagnation
https://a.co/d/f7m2OG8

The Diff Newsletter
https://www.thediff.co/

Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠