# EP65_Base Money-Broken Systems-And Bitcoin's Role with Matthew Mežinkskis

Page: https://stenobird.com/podcast/navigating-bitcoin-s-noise-4356332/ep65-base-money-broken-systems-and-bitcoin-s-role-with-matthew-mez-inkskis
Text version: https://stenobird.com/podcast/navigating-bitcoin-s-noise-4356332/ep65-base-money-broken-systems-and-bitcoin-s-role-with-matthew-mez-inkskis.md
Podcast: [Navigating Bitcoin's Noise](https://stenobird.com/podcast/navigating-bitcoin-s-noise-4356332)
Published: 2026-04-27T17:03:06+00:00
Episode link: https://www.spreaker.com/episode/ep65-base-money-broken-systems-and-bitcoin-s-role-with-matthew-mezinkskis--71674705
Audio file: https://dts.podtrac.com/redirect.mp3/api.spreaker.com/download/episode/71674705/ep65_base_money_broken_systems_and_bitcoin_s_role_with_matthew_mez_inkskis.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/navigating-bitcoin-s-noise-4356332/episodes/ep65-base-money-broken-systems-and-bitcoin-s-role-with-matthew-mez-inkskis
Duration seconds: 4987

## Resource

Welcome to Navigating Bitcoin’s Noise, the show where we cut through the clutter and bring you the clearest insights on Bitcoin. I’m your host, Kane McGukin, and today I’m joined by Matthew Mežinskis, widely known as @1basemoney. Matthew is one of the sharpest analysts on global liquidity, central bank balance sheets, and the role of base money in the evolving financial system. In this conversation, we break down how money actually moves from gold to central bank reserves to a system now dominated by liquidity that most people can’t even access. We get into why 2008 changed everything, how bank reserves quietly replaced real money, and why that shift may be pushing the system toward a breaking point. And we ask the question that matters: is Bitcoin just another asset, or is it the next base layer of the global monetary system? If you’re tired of hype and want a first-principles breakdown of how the monetary system actually works, and where Bitcoin fits, this episode is for you. So sit back, relax, and let’s get started. Kane McGukin X: https://twitter.com/kanemcgukin Substack: https://kanemcgukin.substack.com/ Matthew Mežinskis X: https://x.com/1basemoney Web: https://www.porkopolis.io/topmoney/

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/navigating-bitcoin-s-noise-4356332/episodes/ep65-base-money-broken-systems-and-bitcoin-s-role-with-matthew-mez-inkskis/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/navigating-bitcoin-s-noise-4356332/ep65-base-money-broken-systems-and-bitcoin-s-role-with-matthew-mez-inkskis.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.