Tom Bilyeu
๐ค SpeakerAppearances Over Time
Podcast Appearances
Okay, the whole reason that we have antitrust laws is monopolies are evil.
And so we want the competition because that's good for the average American.
And so you've got crypto people clamoring, just let us compete.
Let us give the money back that we're making.
And the bank's like, nope.
And the politicians are agreeing with them.
And the only reason is so that bankers may maintain control because they have a revenue stream and they don't want to give it up.
Fuck each and every last one of them.
That is some bullshit.
And that is exactly why we're in the position as a nation that we are in because economics is just confusing enough that very smart people
very connected people leverage that confusion against people.
And so they're going to hide behind safety and they're going to say bullshit like, well, this is going to damage our ability to lend.
Yes, it's going to damage your ability to lend because fewer people are going to come into your system, but it will increase other companies' ability to lend.
And so crypto is basically saying we're the modern version of banking.
Dear government,
You've already regulated us way harder than you've regulated the banks.
Just let us fucking lend money out to you, the government, capture some upside for that, and then pass that on to the customer.
It's wild that people are fighting back against us, but they are.
bankers will never uh never beat the allegations man they just can't they're on the wrong side of history repeatedly they're on the wrong side of history we're we're in a moment where finally we have the technology to make it effectively impossible when you've got enough guns nothing's impossible but effectively impossible in a democratic nation for the banks to maintain their chokehold because right now they have a chokehold because there is no other alternative the banks have spent so much money building infrastructure so that you can trust them
that everyone goes, ah, well, I've got to trust these guys.