
Hyperinflation will Teach People a Lesson w/ Caitlin Long
Bitcoin Magazine Podcast
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Are You Afraid of the Future of Cryptocurrency?
Ike: I do think most people, thereare a lot more people, will learn to andreas this point. Some folks are just so intimidated by technology that it's not easy. That's my sense. There will always be service providers. Even when we didn't have fractional reserve banking, the money warehouses were service providers. They provided service of storing people's gold or valuables. And that's what i've always thought a custodian should be. The banks themselves are not illegitimate. It's some of the things the banks do that are illegitimate. But m that doesn't mean they don't provide a valuable service. We'll never get to the point where it
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