
The great crypto collapse
The David McWilliams Podcast
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Don't You Go Into Mac Coins?
When interest rates are zero, you've got to do something. You can't put the money in a bank account of minus one percent and live off the minus proceeds. So people start being in the position where they know they've got to take risk - it changes their psychology. And so you get this sense of unreality, which I think is how a lot of people ended up getting into imaginary monkeys or bitcoins or what do doggy coins. We should have a, John, we should have a Mac coin, right? We issue our own currency,. And we'll issue a hundred bits of this currency, right? And we sell them to some for 10 grand. Okay. Over five
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