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#876 The Truth Behind The Russia vs. Ukraine War w/ Peter Zeihan
The Pomp Podcast
Is Bit Coin a Central Bank?
The more surprises central bank provides, the less effective it is. And i would also argue that gold is a horrible vehicle for store of value. We've seen that with the russians. They can't trade it, yet it's worth nothing to them nowdnd. So when i see bit coiming, yes, it's there behind the scenes, but it's their connections to the the real financial sector that allow it to be exchanged. Those can be blocked by a central bank without even needing an executive order.
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