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#374: Morgan Housel on the Psychology of Money

The Pomp Podcast

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Is the Government Can't Touch Your Crypto?

I'm just kind of a fascinated observer of what's going on with it because it is it is, of course, fascinating. I have not yet found the argument for why I need to put my money in it. If we catch you owning crypto, you will go to jail, which is exactly what they did with gold in 1933. So when people say the government can't impact it, like, yes, they can. The government has handcuffs and guns. They can do whatever they want with it.

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