Gavin Baker
๐ค SpeakerAppearances Over Time
Podcast Appearances
They just, all these politicians sent letters to participants in financial markets saying, we don't know if they are doing anything wrong, but we think they probably are. And we're going to look at this very closely and we want to discourage you from participating.
They just, all these politicians sent letters to participants in financial markets saying, we don't know if they are doing anything wrong, but we think they probably are. And we're going to look at this very closely and we want to discourage you from participating.
It was really bad. I found it upsetting as an American.
It was really bad. I found it upsetting as an American.
Yeah, I mean, look, it's a it is a rational fear. I mean, controlling monetary supply, like at some level, you know, the greatest powers we give the state are a monopoly on violence to keep us safe. And control over the money supply has means of exchange, a unit of account. And those are great powers, particularly if you're America and you're a reserve currency.
Yeah, I mean, look, it's a it is a rational fear. I mean, controlling monetary supply, like at some level, you know, the greatest powers we give the state are a monopoly on violence to keep us safe. And control over the money supply has means of exchange, a unit of account. And those are great powers, particularly if you're America and you're a reserve currency.
The only thing I would just say to balance this out, and I do think people are very positive on Paul Atkins. I've never met him. But the reaction from people who know him, like Joe, and who I respect, has been very positive. It is important to remember, we have the best capital markets in the world.
The only thing I would just say to balance this out, and I do think people are very positive on Paul Atkins. I've never met him. But the reaction from people who know him, like Joe, and who I respect, has been very positive. It is important to remember, we have the best capital markets in the world.
you know, the U S equity and fixed income markets are the most trusted places on earth and we can always make them better, but just, It is very, you know, you want to be very vigilant about keeping them fair and keeping out things like inside information, which makes people feel comfortable doing business here.
you know, the U S equity and fixed income markets are the most trusted places on earth and we can always make them better, but just, It is very, you know, you want to be very vigilant about keeping them fair and keeping out things like inside information, which makes people feel comfortable doing business here.
You know, making, you know, having investors have confidence in a company's financial statements. And those financial markets are one reason America is such a great country.
You know, making, you know, having investors have confidence in a company's financial statements. And those financial markets are one reason America is such a great country.
I don't know. I understand 100% why they did it. I just think as an American, at a minimum, the way that they did it was to, you know, use one of Joe's phrases, dishonorable. You know, if you want to say that we're going to kill this, then just like, let's have a debate as a nation.
I don't know. I understand 100% why they did it. I just think as an American, at a minimum, the way that they did it was to, you know, use one of Joe's phrases, dishonorable. You know, if you want to say that we're going to kill this, then just like, let's have a debate as a nation.
Yes. Rule of law. Rule of law is also another reason America is a great country. Yes.
Yes. Rule of law. Rule of law is also another reason America is a great country. Yes.
Yeah, well, I would just say Texas is the Singapore of America, and it is putting pressure on the rest of America. And I don't say that just because I grew up in Texas. It's just a fact. I do think long-term Bitcoin, I do not think the BRICS will ever be able to replace the dollar. Just rule of law, even if it has occasionally been corrupted in America, is very, very powerful. Yes.
Yeah, well, I would just say Texas is the Singapore of America, and it is putting pressure on the rest of America. And I don't say that just because I grew up in Texas. It's just a fact. I do think long-term Bitcoin, I do not think the BRICS will ever be able to replace the dollar. Just rule of law, even if it has occasionally been corrupted in America, is very, very powerful. Yes.
As opposed to rule by law. But I do think Bitcoin... will at some point be a serious threat to the US dollar. And that just is what it is.
As opposed to rule by law. But I do think Bitcoin... will at some point be a serious threat to the US dollar. And that just is what it is.