TFTC: A Bitcoin Podcast #562: Bitcoin Has Entered The Geopolitical Game with Mel Mattison
14 snips
Dec 6, 2024 
In this engaging conversation, Mel Mattison, author of the financial thriller "Quaz," delves into how Bitcoin might be used in geopolitical maneuvers, particularly under Trump’s potential plans to reshape the Federal Reserve. They discuss the interplay between Bitcoin and gold in a weakening dollar system and the significance of American monetary policy in global finance. Mel emphasizes the necessity for businesses to adopt Bitcoin amidst economic instability and hints at an impending financial revolution with geopolitical shifts influencing cryptocurrency adoption.
AI Snips
Chapters
Transcript
Episode notes
Scott Bessent's Risk Tolerance
- Scott Bessent, a key figure, is known for his imaginative and risk-tolerant approach.
- His history includes shorting the yen during Abe's tenure in Japan.
1940s Parallels
- The 1940s offer parallels to current economic challenges, including high debt and inflation.
- Yield curve control, where the Treasury influences monetary policy, was used then.
Trump's Fed Plans
- Bessent's appointment confirms Trump's intention to change the Fed.
- This could involve greater presidential influence or even replacing Powell.