4.8 • 710 Ratings
🗓️ 14 August 2025
⏱️ 82 minutes
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0:00.0 | What are the positives with stable coins and what are the concerns that we should have, if any? |
0:05.3 | We can hate on stable coins, but I think that hate is sort of a first world perspective |
0:10.4 | because you probably have a bank account, right, Eric? |
0:13.0 | Yes. |
0:13.6 | So you're kind of speaking about this topic from a position of power and luxury where a lot |
0:19.2 | people just don't have a bank account, but they want dollars. So what do you do in that case? |
0:23.5 | You can't just flip off a light switch and turn the dollar off and turn a Bitcoin standard on. |
0:29.1 | It would be absolute mayhem. |
0:30.6 | I think it's actually going to be a quick transition because... |
0:33.8 | Do you think that Bitcoin extends the life of the dollar? |
0:37.3 | Or do you think it's going to bring |
0:38.8 | the dollar to an end quicker? |
0:41.1 | It does feel like Bitcoin is extending it by integrating with it. |
0:45.3 | I think when things get bad enough, every card is on the table. |
0:48.5 | Some of those cards are bad cards. |
0:50.1 | It's the rolling out of a CBDC like in Europe, starting to control the internet, like in the UK. |
0:55.1 | And that's why I say plan accordingly. |
0:57.2 | Is it possible that the United States government is acquiring Bitcoin quietly? |
1:02.0 | I don't think it's possible. |
1:04.1 | It's hard for any government to do stuff in secret. |
1:06.9 | Well, things that are beneficial for the country. |
1:09.5 | It's not going to do it in secret. |
... |
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