3min chapter

"Moment of Zen"  cover image

E14: Balaji Srinivasan on his $1M bet, Financial Crisis 2.0, Digital Devaluation of USD, and What Comes Next

"Moment of Zen"

CHAPTER

Cryptocurrency

The sanction power has been used so hard over the last you know a few years that people have started to build immunities to it and work arounds for it. I don't know exactly how things play out, but I do know for example you can issue If the dollar does get devalued then um, you know, Utah and Florida Can just send money over the internet with like a USDC like thing that is but they'd call it,. you know BTC USD they'd have gold backed digital gold back currency right? That's what I think is going to happen in the sense that states used to they used to be the private banking era if you remember that in the 1800s Right they

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