
Is the World ready for Bitcoin? w/ Ben Prentice
Bitcoin Magazine Podcast
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I'm on Your Journey, Ben. It's Not Like Its Affair
Do you think the idea of quantitative tightening is just forgotten and thrown out the door? Ben: The fear is that that happens in such a catastrophic fashion that they can't turn it back around quickly. He says debt is too heavy on every single level, with corporations and governments all having so much debt theyve borrowed exits. ben: When these things can collapse so quickly, what we saw happen in two thousand a was a breakdown trust. And Debt is based on trust. So there was no new det creation, and nobody trusted each other.
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