16min chapter

Bitcoin for Millennials cover image

How the Financial System is Designed to Keep You Poor | Nik Bhatia | BFM127

Bitcoin for Millennials

CHAPTER

Navigating Finance: Treasuries, Bitcoin, and Debt Dynamics

This chapter explores the intricacies of the financial system, highlighting the roles of treasuries, credit, and the impact of Bitcoin on traditional monetary practices. The speakers share their personal insights and experiences in finance, contrasting the benefits of the credit expansion system with the challenges posed by stagnant wages and rising property prices. They also discuss the implications of deflation within a debt-based economy and the potential of Bitcoin to reshape financial relationships amidst an evolving landscape.

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