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The Burden of National Debt
They discuss the scale of the national debt increase and its implications, highlighting the burden it poses on future generations. They emphasize the lack of awareness regarding the magnitude of the debt and provide examples to humanize the numbers.
Preston Pysh talks with Jesse Myers about the FTX court findings, a few of Jesse’s recent articles on the debt spiral, the ability for institutions to perform multi-institutional Bitcoin custody, and much more.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
01:11 - Jesse's thoughts on the FTX trial.
03:50 - The impact of FTX selling Bitcoin into the last bull market.
03:50 - Does the halving event matter?
15:54 - Have we passed the event horizon for US debt?
15:54 - What outsiders are missing about Bitcoin and the debt burdens.
30:09 - How is Janet Yellen suggesting the US' interest expense could only be 1% of GDP?
33:33 - Jesse's thoughts on AI and Bitcoin.
50:20 - How and why multi-sig institutional custody is evolving right now.
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