4min chapter

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Gold vs Bitcoin Debate Reaction, Weiner vs Rochard - Daily Live 28 May 23 | E347

Bitcoin & Markets

CHAPTER

The Evolution of the Dollar

The dollar evolved this way naturally because at the end of World War II, there was a lot of new technology and then especially with the new internet revolution. Once we have saturated that technology, once we have saturated the credit market, now what do they say, for every dollar, it takes $2 of debt for the government to get $1 more of GDP? That's one reason why we went off the gold standard because money was just expanding like crazy in the US. It will evolve back to something more sound when you have a credit crisis,. You're trying to flee to assets that don't have any counterparty risk. But of course, Bitcoin has much more explosive pump of metals than

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