Tom Bilyeu
👤 SpeakerAppearances Over Time
Podcast Appearances
Bitcoin is your life raft, says the dummy.
Midwit is like, bro, that's crazy.
You shouldn't be forcing people into an alternative currency.
And then smart guy goes, Bitcoin's your life raft.
And by Bitcoin, I mean gold, Bitcoin, like things that are- Alternative assets.
Yeah, they're not easy to inflate.
I say not easy because gold does inflate every year, but it's not easy to inflate.
It's decentralized.
Gold is a decentralized reserve currency.
Bitcoin, same thing.
I want to save everybody, but time and time again, life teaches me it's not really possible between people not having the time or the inclination to think from first principles or they're too stupid.
Either way, you end up in a system where no empire in history has ever avoided printing money into oblivion.
So we're not going to avoid it.
So, yeah, the only reality is I can make moves to protect myself and then yell into a microphone for anybody who will listen to go protect themselves.
But that's it.
I don't see any other strategy.
No, I do something totally different.
You're making me think about something I haven't thought about.
But what popped into my head is I would be running the strategy that they're sort of flirting with.
They don't talk much about where you're making sure that every American is invested in an intelligent way and you create a system where the smartest financial minds in the world desperately want to work for the government.