4min chapter

The "What is Money?" Show cover image

Bitcoin and the U.S. Fiscal Reckoning with Avik Roy (WiM126)

The "What is Money?" Show

CHAPTER

Why Should We Take Bitcoin Seriously?

Bitcoin is being used for terrorism, money laundry and tax evasion. So i wantedto walk that audience through why bitcoin is something they should take seriously. The other gall I had for the piece was to help big coiners understand how washington sees the world. If it comes in the way that big coiners believe it will, there are going to be a lot of side effects,. A lot of disruption for the people who didn't get bitcoin hurriedly - those left behind holding fiat currency. We've been running this experiment for a long time. So why where are we to day? Are we just coming to the day of reckoning after a hundred plus years of government defen deficit spending?'

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