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London Real

‣ Why Bitcoin will replace the US Dollar - Alex Gladstein

London Real

Brian Rose

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

4.41.9K Ratings

🗓️ 9 June 2022

⏱️ 9 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

And how does that play out in, say, five years, 10 years?

0:03.8

Like, what do you think it'll look like in America in 2032?

0:06.7

You mentioned the political landscape.

0:08.6

I think Anthony Scaramucci has been on the show, run Skybitch Capital.

0:12.6

He recently said, I think it was 73 million Americans had exposure to crypto.

0:17.3

And it takes 40 or 50 million just to elect someone.

0:20.0

He reckoned the next president will be pro crypto.

0:22.4

So obviously we're seeing the government being more pro.

0:25.5

A lot of groups, like you said, are seeing that maybe it's something that is non-discriminatory.

0:30.2

But what does that look like then five, 10 years from now?

0:32.8

In America and in countries you've talked about like Nigeria and Sudan and Ethiopia, which

0:38.4

is a different reality, but still it's the same tool.

0:41.0

Yeah, well, Bitcoin and the whole industry that it spawns just gives people a different

0:46.2

way of doing things.

0:47.7

They don't have to sit there and participate in this system that props up just massive

0:53.8

inequality.

0:54.8

And that serves up bailouts for the wealthy and the connected at the expense of the people.

1:01.7

They can join a new movement, a new system.

1:03.7

And I think they're going to.

1:04.7

And I think it's just a matter of time.

1:06.4

It's just a slow, gradual grind.

1:09.6

But I think what likely starts to happen is that more companies, more corporations, more

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