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How Bitcoin Fits Into Our World Today w/ Izabella Kaminska

Bitcoin Magazine Podcast

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Is There a Bailout?

I suspect it's not over yet. But I think to be cliché, it's probably good for Bitcoin because it shakes out all the nonsense. And hopefully that makes the system more resilient. Unlike 2008, unlike 2008, there is no bailout. So there is going to be actual moral hazard. We're not going to eliminate that. This is an interesting test. It's like a little test, like a little Petri dish, or we can figure out what might have happened had we not bailed out the system.

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