#734 The Economy Is Worse Than You Think w/ Preston Pysh
The Pomp Podcast
00:00
Is There a Future in Investing?
Bitcoin could become a global reserve currency on the innernet, or can o have eryone talk about it? Yes, that's exactly what i think abot and so i have to ato saying, nobody will ever spend it. Well, you will spend it when the buying power doesn't go up by 200 % a year. Is like you'll get to a point where nobody's going to accept the old currencies, and theyre theire demanding that everything is settled in bitcoin. At that point, all those equities to balance sheets and their income statementis completely inbicone,. because you'r ong to have to earn something that just is pumping out free cash.
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