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140 - The Future is Fiat | Noah Smith (Noahpinion)
Bankless
The Crypto Force in a World of No Capital Controls
Balaji Shrinivasan: We've been doing a lot of comparison and contrasting about World War II to where we are now with geopolitics. Now there's a new player on the field, which is this neutral internet-bound player of crypto, he says. Balaji: How might that be leveraged by the people of the world and how might nations respond to that? Balaji: The efficacy of crypto in creating a world of no capital controls is somewhat limited because you know, like if you look at the amount that has escaped Russia due to crypto, it's not that large.
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