The Future of Bitcoin

I think structurally this is a problem that's very unlikely to be solved. And it's going to just end badly as it always has with the government choosing the easiest path, which is to inflate the money supply until what you would call a soft default. I think we're just entering kind of the age of volatility when it comes to all currency. The dollar will go through huge deflationary periods where it's worth more and then we'll have these credit crises," he says.

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