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#425: Fiat Crisis with Balaji Srinivasan

TFTC: A Bitcoin Podcast

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The Importance of Respecting Rivals

The greatest strength is to no one's own weakness like the usa of mid century did not win the cold war by saying the ruskey suck they'll never do anything. Instead jfk pushed um you know the the moon landing right there was the admission that the other guys had gone ahead and there was the redoubling of effort and dedication to get back aheadRight so let me show something here and first of all you're absolutely right um you just even if it's a rival especially if it's A rival you have to respect them in a sense of you need to actually have an eye on their weaknesses.

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