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Ep. 2070 Fiat Money and Debt Slavery, with Saifedean Ammous

The Tom Woods Show

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Bit Coin - The Biggest Crime in the World

With every passing day, it becomes more and more possible for you to pay for more and more things with bitcoin. But at this point, i think the really powerful thing that bitcoin allows you is maybe the biggest crime in the modern fiat economy, which is saving. I think probably more than half all the bit coins out there are stored with custodians. So if you've got a bunch of coins under your mattress, and good luck being able to pay people with those physical coins.

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