4min chapter

The "What is Money?" Show cover image

The $1M Bitcoin Bet with Balaji Srinivasan and Alex Gladstein (WiM289)

The "What is Money?" Show

CHAPTER

Bitcoin and the Showing Point

The stealth and scale of this sort of digital pearl harbor on dollar holders is bananas, right? But you can actually already see it coming. People used to think the media were like neutral referees. And now they know that they're just like playing for their own team. They're not actually aligned with you. That's why trust in media is absolutely collapsed from 30, 45%. 20 years ago to like 10, 15%. Now 85% of people don't trust them,. So the concept of such a rug pull into jail, yeah, you wouldn't have thought your bank would kind of do that to you.

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