The "What is Money?" Show cover image

The $1M Bitcoin Bet with Balaji Srinivasan and Alex Gladstein (WiM289)

The "What is Money?" Show

CHAPTER

Bitcoin Is Just the Exit, Right?

The Fed is breaking the banking system right now, but they just finished breaking dozens of emerging market countries in the last year with their policy. So there's a lot of fear and you know, I think we could entertain the possibility that it might not go down that way. But we have a bludgy here now. Just as in 2008, the bankers lied. We should have remembered that they lied. This time, the central bankers, the banks and the bank regulators have lied to all dollar holders and depositors,. Not just innocent Americans, but also huge foreign holders of treasuries and other, you know, it's called dollar-correlated things.

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