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Alex Gladstein: "Debt Colonialism, The Petrodollar, and Bitcoin"

The Great Simplification with Nate Hagens

CHAPTER

The Cantaloupe Effect on Bitcoin

If Bitcoin goes up astronomically, doesn't the cantaloupe effect apply here in spades? So there is a serious wealth inequality in the world. I think that ultimately it is going to reduce some of the grossest inequalities we have. Like I told you, it's not a redistribution scheme. If tax policy for governments is going to have to change, it's going to be more consumption tax.

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