In the US, unfortunately, you've got basically zero compulsory education on finance.

You know, you can get all the way through college and not have been required to take a single finance

class. So people are not taught about how money works. You know, I even, I didn't even really realize how

Fiat currency worked until I got into Bitcoin. And I was just like, holy crap, this is a total scam.

You know, people don't know.

You still ask someone today, why do they believe that the dollar has value?

And they'll say, well, it's backed by goal.

And you know, that's just hasn't been true for a long time so you know people just they

have no understanding of how money works how investments work how to

evaluate an investment how to financially plan for your future. It's just like ridiculous

that people can get all the way through college and not have any understanding

about these things. You have to wonder if that's intentional. There's somebody in power that maybe

controls the financial system that likes the people don't understand how it works because maybe

if they knew how it worked, there'd be a bit more of an uprising, or you know, the opportunities to take

advantage of these people that don't know what they're doing would not be so great.

Welcome to the What Bit Bitcoin Did Podcast.

Hi there, how is everyone? I hope you all having a great week.

Welcome to the What Bit coin did podcast where you get to hear from the best minds in Bitcoin and crypto.

I'm your host Peter McCormack and this week I've got an

interview with the super cool CEO of Cracken Jesse Powell. But before that I have a

message from my show sponsors. Okay so firstly let's talk about Derabit.

I'm pretty excited to have these guys on board as a sponsor,

...