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Evolution of the Financial System plus Bitcoin Market Update - Daily Live 4/3/23 | E338

Bitcoin & Markets

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The D-Dollarization of the Dollar

Since 1971, since we've left the sound-money system, it's based on credit. We can't have fast transfers on credit because that risks having a fast bank run. This is a built-in limitation of a credit-based system. The dollar will change in nature. It won't go away. Why would it? Look how green at the bottom of this chart. And this is the Bitcoin layer chart for Telegram guys that I shared last week. They bought another 6,455 Bitcoins, bringing their total to 138,955.

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