The Bitcoin Matrix cover image

The Truth Behind Bitcoin's Opposition with Sebastian Bunney

The Bitcoin Matrix

00:00

Is Bit Coin the World Reserve Currency?

The triff in paradox is an issue that basically, if you look all the way back through history, and i know ray dalio, he talks about this a lot. If you want to be the global world reserve currency, will then you want to insure that countries have access to your capital. And so what you do is you end up destroying your manufacturing base. You create a consumption, import based economy where youare basely importing goods into your country,. Now what ends up happening is, because you are importing, you are your spending money that goes out into the world. It's cind of the cyclical phenomenon. I believe the us. Is coming to that hundred hundred

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app