![The Mindcrime Liberty Show with Dobson and Patton](https://fastfs1.podbean.com/themes/FrontRow/images/detail_banner_v1.jpg)
Episodes
![Ep 73: Has Bitcoin/Crypto currency already saved the world?](https://pbcdn1.podbean.com/imglogo/image-logo/8094144/Mindcrime_Liberty_show_300x300.png)
Thursday Nov 04, 2021
Ep 73: Has Bitcoin/Crypto currency already saved the world?
Thursday Nov 04, 2021
Thursday Nov 04, 2021
The Mindcrime Liberty show discusses whether the various crypto currencies such as Bitcoin, Doge and Ethereum has already saved the world. Forget the does it "work" question, (it clearly works as in it exists and people use it no different than stamp collections) rather has, it prevented a crisis? In the past 2 years governments around the world have printed incredible amounts of money. This is on top of the pre 2020 existing situation. The wider world has also witnessed considerable inflation in the past 2 years and governments have been paying people not to work largely by printing money out of thin air or allegedly through debt spending. Why do people continue to work and save in these financial environments if of course the value of the fiat money will be stolen by the state through inflation? Has crypto saved the world by providing a financial lifeboat to many productive working people to place there value who lost faith in the state currencies or is it still merely a get rich quick ponzi scheme which is destined to collapse? Where else ought productive workers put there value paid in state fiat currencies that is not used for immediate consumption? How does it compare against gold? Is Michael Saylor right or is he just a conman? Why can't the bitcoin and gold people just get along?
Comments (0)
To leave or reply to comments, please download free Podbean or
No Comments
To leave or reply to comments,
please download free Podbean App.