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London Real

‣ Bitcoin was inevitable - Alex Gladstein

London Real

Brian Rose

Investing, Cardano, Crypto, Bitcoin, Brianrose, Ethereum, Londonreal, Technology, Cryptocurrency, Business, Defi

4.41.9K Ratings

🗓️ 7 June 2022

⏱️ 7 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

So this will mean less wars the more my my thesis essentially is that as we move away from the the dollar had gem

0:06.9

Hegemony

0:07.9

Things like unnecessary forever wars in exotic places become not it's not affordable like like we're fighting this war called

0:17.4

Operation inherent resolve that most America's don't even know about including me until recently

0:21.9

It's been it's been active since 2014. It's a $10 billion war and I think we just I mean just it's in three countries

0:29.9

It's in Libya Syria Iraq like most Americans have no clue about this poor

0:33.6

This stuff is impossible. This is only possible using this like exaggerated version of fiat money as a base layer of the financial system

0:40.3

So as we as we head to a world of

0:44.0

Higher inflation higher interest rates over time

0:47.5

You know, I think it's going to be interesting the way it shapes the world

0:50.8

I think America becomes probably less aggressive. I think that we build more industry at home

0:57.8

And and that there's more promise for the people and you know Bitcoin to me represents a lot of hope because

1:03.8

If you go back to the thirties, I mean FDR took gold away from Americans like literally executive order 6102

1:11.7

As I'm sure many of your guests have mentioned. I mean look couldn't own it right they made it illegal and it wasn't legal against all the 70s

1:18.2

So when we had all this time of financial oppression like in World War II for example where they had yield curve controlled and

1:24.0

Basically like any any dollar asset was just getting crushed

1:28.4

Because inflation was so much higher than interest rates

1:32.8

What what was your option as an American you couldn't couldn't go to gold and gold

1:37.2

Gold was like obviously skyrocketed in value over those decades in in real terms

1:41.9

It ended up do you look at it by the 70s? It was like

1:45.3

You know, it definitely wasn't $35 an ounce man. It was hundreds of dollars announced by the time that that they really started lifting the restrictions on it

1:53.8

You look at Bitcoin a lot of a lot of gold people say it's still repressed today a lot of people say the real price of gold is much higher right

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