Blockware Podcast cover image

Bitcoin is a Black Hole to the Global Banking System w/ Peter Dunworth

Blockware Podcast

00:00

The Implications of Using Bitcoin as Collateral

The Austrian government got away maybe 300 well just under well less than a billion dollars worth of bonds at a hundred year duration. The federal reserve will be forced to buy those bonds much like the Bank of England did when they were raising war bonds in you know for World War I. There's more gold produced this year than there was in existence in the year 1800 all of a sudden it's really not a great deal what happens if they start backing that bond with Bitcoin and they buy five percent in Bitcoin?

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app