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158. Paxful with Ray Youssef

The Bitcoin Standard Podcast

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You're Going to Get Me in Trouble, Brother?

Ludwig Erhard, who was the minister of the economy in Germany, just went ahead and decided, you know what, we're not going to have any price controls. And it unleashed the German miracle. But decades later, that system itself then gathered an enormous amount of interventions. Now we see the German economy has an enormous number of interventions - both monetary and fiscal. So it's a thankless task. All of which is a very long way to go back to the same conclusion to pretty much everything that we discussed on this podcast,. The Bitcoin fixes this because the Bitcoin is that new regime wherein we don't need to go and convince people.

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