5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC104: The US FED & Treasury Need Bitcoin w/ Luke Mikic (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

I'm Just Not Buying It, Right?

Bitcoin combined with the internet is going to separate money from state for first time in 5000 years. Central banks all around the world capitulate at normalizing monetary policy and they're having to resort to turning the money printers back on. Once you get to these kind of debt levels, you kind of don't have an option. The most politically palatable way for a government with a magic money printer to default on their debt is typically through inflating away the debt. And yeah, and it's the knowledge plus the ability to encrypt it.

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