5min chapter

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Bitcoin 2.0 is Impossible - Daily Live 3/21/23 | E333

Bitcoin & Markets

CHAPTER

Bitcoin: A Great Alternative to the Dollar

"The days of 2% inflation are over. The only thing that's clear to awesome is this goes into what we're going to talk about next with the FDIC ensuring all bank deposits," he said. "I think that there's going to be a new era of the US dollar where inflation will enter a normalized five, six, seven, eight, nine, 10%. How exactly is that going to happen when the banking crises are deflationary and the system is based on credit?" He added: "When you have de-globalization and you have breakup of international trust and international institutions, how on earth is the global credit market going to expand at five to 10%"

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