Ep125 - #ForTheKids | With Greg Foss
The Bitcoin Collective
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The Debt Is There and It's Got to Be Paid
The UK's debt is some like 2.5 trillion pounds, and it has a final salary pension ticking time. The United States has a 30 trillion dollar deficit but did you know that they're entitlements? They're unfunded entitlements,. Medicare and Medicaid is another 170 trillion. And so again, it's shadowed again to James lavish. I can't say enough about how simple it is... It's just a circular right if it's a spiral in many in more ways than one. A debt, D E B T spiral debt spiral that will turn into a death spiral for fiat. Store your value in a hard asset. Hence Bitcoin. Yep.
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