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NOT A DRILL! Balaji Bets the Dollar will Hyperinflate to Zero
Bankless
Is the Dollar on a Hyperinflation Track?
The only signal, the one honest signal in the world that they can't fully fake is basically the desire to exit from the system. So it's like Fog of War, as Nick Carter talked about, banks are dying. Boom, kill this one. And what has the effect of that banking crisis? Well, there's basically two possible outcomes. Because a lot of fiat banks will either go to zero or will become like Venus flytraps. But having at least some of your net worth held locally, you will have the strongest technological and social defense on it worldwide.
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