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| Trace mayer bitocin | So like pension accounting, you want to talk about a complete mess. Trace Mayer: Well it's going to weaken governments in general, as they're going to have a hard time funding themselves. Peter McCormack: How do you think it's going to play out with the state of the macro global economy right now? We lie to ourselves thinking like, oh if you become a human protein shake, then you'll find happiness" or whatever the lie is, "oh, if I get a bunch of money then I'll be happy. Back in , early , I remember distinctly watching a video on Real Vision TV, and you were the person that they were interviewing about Bitcoin. But when you get your own car, stuff has changed! |
| Whats going on in cryptocurrency | So in some cases, I take on different types of debt, whether it's US dollar denominated debt or yen denominated debt, because where it's going to get really crazy, is when we start having like a Bitcoin fiat currency carry trade, especially with negative interest. Blockchain technology holds the most disruptive potential for actually being able to execute such massive creative destruction as capital burrows down the liquidity pyramid into safer and more liquid assets like gold and Bitcoin. Peter McCormack: I've never experienced one. China, they have too much bureaucracy, they're not able to really perform economic calculation and so much of the wealth over there has been as a result of being able to just leech off of the productive capacity of the areas of the world that do have freedom. Anyway, so I took it off and it was only like a week, two weeks later they got hacked. Swan Signal - A Bitcoin Podcast. |
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