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Ep. 390 - Shaking Up Traditional Financial Institutions with Rafael Cosman of TrustToken

CRYPTO 101

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Is the Us Dollar Going to Be a Banana Republic?

i didn't know most of my life that the dollar wasn't backed by gold anywore. You would think they would teach this thing in school, or sey do. Ther'd be like a news bulletin. This was econ. This is econ one for me, baby. I mean 18 % inflation on the us. Dollar. That o for you, that's a very serious concession. We're going to be,. were gong to be a banana republic if 18 % happens. The average life span of a fiot currency is only 27 years. Ridiculous, since the beginning of thea currencies.

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