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CD102: Bitcoin is the Best Money with Adam Back and Jack Mallers

Citadel Dispatch

CHAPTER

The Fed's Devaluation of Life

I just think people overcomplicate money, man. I spend my life working super hard and then I go to buy a house and I have to live perpetually in debt car notes, mortgages. It's basically society's way of saying we don't value your contribution enough to actually own anything. People should not store their collective representation of their life in dollars because the Fed will devalue your life. They'll make you worthless. And as long as it has liquidity and I can exchange it for shit that I desire, that's it. Though Bitcoin, we like, whatever Satoshi is, you see, are they like fucking like the best thing ever.

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