‣ Bitcoin is financial freedom - Dan Held
London Real
Brian Rose
4.4 • 1.9K Ratings
🗓️ 17 December 2021
⏱️ 3 minutes
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| 0:00.0 | I heard you also say that I think you said that the dollar was one of the greatest scams |
| 0:05.0 | of all time and I'm wondering if you can tell me what you meant by that and maybe through |
| 0:08.7 | the lens of freedom and then ultimately Bitcoin. |
| 0:11.0 | Yeah, absolutely. |
| 0:12.0 | To give you a little bit of background as to why I got into Bitcoin is I was going and |
| 0:17.3 | I was studying finance and undergrad during the 2008 financial crisis. |
| 0:22.2 | So when this crisis occurred I realized that my textbooks were wrong, the professors |
| 0:26.2 | were wrong and everyone on TV that I trusted was wrong. |
| 0:29.2 | And in that moment I realized that we needed something different. |
| 0:31.8 | We needed to replace trust in the financial system and come, you know, three, four years |
| 0:36.9 | later I discovered Bitcoin. |
| 0:38.9 | And Bitcoin to me was that holy grail financial instrument that removed trust from the financial |
| 0:44.5 | system. |
| 0:45.5 | So I didn't have to trust in bureaucrats or politicians or policy makers. |
| 0:49.8 | I could trust in mathematics and physics and that's what Bitcoin really represents. |
| 0:53.8 | It represents a trustless system, a system where trust isn't required. |
| 0:58.5 | And why is that important? |
| 1:00.4 | You know, fundamentally like my core beliefs are more libertarian leaning, so more around |
| 1:04.1 | freedom, freedom of speech, freedom of thought, freedom of movement, freedom of finance. |
| 1:10.5 | And so for me, Bitcoin and a permissionless system where it can't be censored and can't |
| 1:14.5 | be seized very easily. |
| 1:16.5 | That is a system that is based on freedom. |
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