3min chapter

The Times Tech Podcast cover image

Celsius’ Alex Mashinsky: “This is a fight for all the money in the world”

The Times Tech Podcast

CHAPTER

Cryptocurrency and the Fed Runs the Economy

In some way, i think our traditional financial system is bankrupt. No economist can show me or you a way where the united states, which is the largest debtor in history, can repay its debts. It already happened dozen times in history. Look at any empire, the british empire, the dutch empire, the roman empire. They all debase their currencies, right? So unfortunately, any one who looks in the back mirror and says, look, the road doesn't have any hazards on it, that doesn't mean anything, because you're about to hit a tree or you'ree about to fall off a cliff.

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