The Transition to a Bitcoin Standard

There is no coming back. There's always only two possible pathways either you enter into a fatal type of hyperinflation, or you're just going to default across the board and you go into a deflationary depression. So it's a depression in either way. It's either an inflationary depression like you see in like a Zimbabwe, or it's a deflationary Depression like you had in the 1930s. But either way, the quality of life is deteriorating. And it's doing so in the US in a big way. The central banks are completely devoid of any assets whatsoever. They're leveraged worse than Enron. I think the Federal Reserve has leveraged 90 to 1 or

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