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@gladstein - Exposing The IMF And World Bank. #320

Once Bitten! A Bitcoin Podcast.

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Bitcoin Fixes All of This and It's Not Incompetence

Bitcoin allows people to escape from these economies into a 24 seven unstoppable market where they can participate and sell goods and services and be there on bank. This is something that people in the 2000s in the 90s and the 80s and 70s just didn't have if they had no way of escaping their local fiat so this is big but we don't know what the impact is going to be like at the nation state level. Maybe we could still have an IMF and a World Bank or something like them in a Bitcoin standard I mean that's entirely possible, though it would rely entirely on altruism.

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