Bitcoin is Insurance on a Failing Financial System with Greg Foss (WiM169)
The "What is Money?" Show
00:00
The Next Financial Crisis Could Be the Biggest?
The next financial crisis could be the big one. It's sort of like the california earthquake. You just don't want it to happen, you know? Ok? Le, let's be clear about this. I don't want california to have the earthquake either. My whole life has been spent analyzing risk. And when you analyze risk, you analyze probabilities, and you don't focus on the tail risk. Just have to acknowledge that it's there. The lastest liquidity contraction in history. That was a scary one. O cot of thenight it's onl certainly felt like it.
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