6min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC123: The Legacy Banking System in Shambles w/ Alf Peccatiello (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Legacy of Bitcoin

Preston: I just can't understand how people will continue to trust this system that continues to spiral out of control with larger and larger bailouts, which clearly is the trend. In Japan in 1989, the Imperial Palace of Tokyo was supposed to be worth more than the entire state of California. It has already shown us that about 20 years later we're not there yet. What are the pros and cons of bringing the system to the extreme? We'll have to wait and see.

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