3min chapter

"Moment of Zen"  cover image

E14: Balaji Srinivasan on his $1M bet, Financial Crisis 2.0, Digital Devaluation of USD, and What Comes Next

"Moment of Zen"

CHAPTER

FedNow CBDC, Fourth of July Becomes Dependency, Okay?

Dalio: Everybody is going to pay for their sins in the following way. He says move your funds to a big bank, or lock it up in short-term Treasuries. Good is hedge as much as you possibly can into Bitcoin and get to a crypto-friendly jurisdiction within the US. The worst is do nothing. About as bad as big bank only.

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