4.8 β’ 710 Ratings
ποΈ 1 August 2025
β±οΈ 178 minutes
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0:00.0 | There seems to be some efforts by the political regime to help edge people against this existential crisis. |
0:06.5 | But it doesn't seem like any of that's going to be very effective. |
0:09.1 | No. |
0:10.1 | What you think is about to happen? |
0:12.3 | That is the whole entire problem, is that there's no purchasing power left in the currency. |
0:18.7 | And the only thing that is holding it together is confidence, public confidence. You have the ability to create money. What's it take to create a buck? Click of a button. They have no value because they don't cost anything to create. We print it digitally. Yeah, that's what's special about gold and Bitcoin because it has a cost to produce it. |
0:38.6 | That then pushes us into a hyperinflationary depression. |
0:43.2 | And that's what I see coming in the future. |
0:46.0 | And that's why local community is critical. |
0:50.3 | But it isn't an easy transition. |
0:52.8 | And that's really my point. |
0:54.7 | And so how do we scale the global commerce like we have today with physical commodity like gold? |
1:00.9 | I think Bitcoin is solving that problem. |
1:03.0 | I can see validity in what it is that you're saying. |
1:06.0 | But I would also say... |
1:18.5 | Mm-hmm. I would also say. All right, Lynette Zhang, what an honor to be sitting here with you today. |
1:22.9 | When you popped up on the schedule, I was like, wow. I remember coming across some of your work in 2017 |
1:29.2 | when I started to go down to the economic rabbit hole. Oh, wow. 2017, that's actually a year after |
1:37.6 | I started on YouTube. I started on the internet in 2015, went on YouTube in 2016. So you were |
1:43.6 | very early. I look a little different, |
1:45.7 | don't I? Not so much. Maybe you're getting younger. Honestly, it's good energy. It is good energy. |
1:51.9 | You're working on the right things, in my humble opinion. Thank you. And so I'd like to know, |
... |
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