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#286 | David Oransky; Financial Planner who says make 1% of your assets Bitcoin | CPA & CFP

The Vance Crowe Podcast

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What Is Trippins Dilemma?

Having the world's global reserve currency gives you a lot of benefits, but it also has some issues. After we went off the gold standard the US had inflation and there was kind of a concern that the dollar may fall. When your money is someone else's liability and that liability can't be paid off, your money becomes worthless. And so if you end up with deflation, you get a deflationary spire on the whole system basically resets.

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