#427: Killer Whale Liquidity Crisis with John Titus
TFTC: A Bitcoin Podcast
00:00
The Power of Legal Tender
In all countries, money issued by the central bank is legal tender. In the US, the only legal tender is cash and coins. If you offer it to someone in payment of a debt, that debt is discharged regardless of whether they accept or turn it down. That's the power of legal tender. And I think Boli and the gang at the IMF have fantasies of taking CBDC. They're going to weaponize it as a concept. These people are up to no good.
Transcript
Play full episode
