
Ep. 2070 Fiat Money and Debt Slavery, with Saifedean Ammous
The Tom Woods Show
00:00
Bitcoin Is Like Leaving Your Door Open and Trusting in Your Neighborhood Not to Rob You While You Sleep
We've had a century where we just need to come to terms with the fact that humanity is too crooked to manage a gold standardsig for a very long amount of time. Historically, have seen examples of the gold standerd surviving for a while, but it seems like it sows the seeds of its own destruction. I think one way of thinking of it is, gold standard is like having to leave your door open and trusting in your neighbors not to come and rob your house while you sleep. It's a very different idea.
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