The Fed's Casino

Bitcoin is a chip in the Fed's casino for betting to make more dollars. If you take out a loan to finance your business, you're speculating about the future of that. You can't necessarily lock in returns in that way. The risk is still there. Pierre talks about this and it's all about uncertainty. He says that speculation is an entrepreneurial activity. That's what this investing in your business would be. It's all entrepreneurial speculation. These things are the exact same thing. I mean, all of this can still be applied to gold too.