2min chapter

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#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics

Lex Fridman Podcast

CHAPTER

Bitcoin Is Not Going to Replace Equity Markets

Bonds are the main dish because bonds have a little bit of gold. I think Bitcoin is not going to replace equity. There will always be equity. But it'll probably replace a big chunk of current equity markets. Right now if you want to save, it used to be that you hold bonds. Now if you wants to save, you go into stock indexes. And I think it eats all bonds. That's my most ambitious statement.

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