2min chapter

The "What is Money?" Show cover image

Interest Rates and the Nature of Profit | The Twilight of Gold Series | Episode 12 (WiM186)

The "What is Money?" Show

CHAPTER

I've Never Been Totally Honest About the Bitcoin Crisis

I never prepared for a long bear market, even though i knew that it was a necessary step. There's no way to get to the inevitable bitcoin future without going through this valley of depression. And so i feel like it hasn't, it hasn't tempered my bullishness. But i wasn't being fully honest about this period. It just feels different now that it's happening. I don't think it would last. And it won't he long run, won't fix anything. Because, again, that's how we got to the situation. Was gold standard, yes, it would be. Would be a weird time warp step backwards, and i just don'tThink it would last

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