In This Episode:

  • Problems with the fiat Ponzi scheme.
  • Bitcoin is an IQ test in risk management.
  • Wall Street does not want bitcoin to win.
  • Fiat Ponzi starts at commercial banking.
  • Banks are levered 25 times.
  • In the last 100 years, US dollar has lost 97% of its purchasing power.
  • Indirect taxation is invisible in the form of inflation.
  • Own hard assets like real estate, gold, silver, commodities, metals and bitcoin. Greg thinks bitcoin is the best horse in the hard asset race.
  • When Fidelity investment management predicts Bitcoin to hit $1B in 2040, Greg suggests thinking about it.
  • Countries like Madeira and El Salvador are embracing Bitcoin.
  • Bitcoin is the digital energy
    Greg suggests owning 5% in bitcoin as insurance against the system.
 

“When Fidelity investment management predicts Bitcoin to hit $1B in 2040, I suggest you think about it for a minute”

– Greg Foss

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