
Out Of Control Inflation And A Bad Economy w/ Greg Foss & Jeff Ross
Bitcoin Magazine Podcast
00:00
Bitcoin, the Ultimate Hedge Against a Collapsing Fiat System
I did not expect a negative g d p in q one. So it was even more bearish than i thought it was going to be. I think the second quarter's going to suck. A 50 % drop in equities during a recession is not abnormal. Bitcoin is so dirt cheap, right now, compared to how expensive it should be because of the value that it offers. Think about downside protection. Think about hedging yourself. With bitcoin, it is the ultimate hedge. It's the ultimate insurance of it against a collapsing fiat system. And we're seeing this. We're going to have more and more opportunities, you guys.
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