158. Paxful with Ray Youssef
The Bitcoin Standard Podcast
00:00
I Will Matter to People in Nigeria and Egypt Picking Up All These Bitcoins
Trying to reason with people on economics is a very difficult thing. Economics is extremely counterintuitive and susceptible to this bias of 'I just want to do good' But once these interventionist ideas begin to spread, it's like a genie that can't be put back in the bottle because they've led the groundwork for their own perpetuation. And so you get stuck in this forever cycle of more interventionist creates more problems, more problem lead to the call for more interventions. So Bitcoin is not going to allow us to have that kind of money printer anyway.
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