Andreas Antonopoulos ON FIRE 🔥🔥🔥
He's just in another world in this, I don't know how he does it. It's like they send him from the heavens to say everything perfectly.
I especially love what he's saying around the 14 minute mark, that being able to exit fiat currencies for Bitcoin/crypto is ultimately holding the inflation in check.
Governments will respond dynamically, and begin to put on the breaks, for the sake of preserving the currency, as it's easier and easier for people to opt out of it.
I always suspected that the US dollar/empire won't end in hyperinflation, even tho it seems like it should. Even tho historically that's how empires end.
Just felt like something would be different. Like there won't be a day you turn on the news, and they're talking about the hyperinflation crisis.
Maybe it will happen, who knows.
But I think more likely, the end of fiat will be a slower boil. It will be countries no longer expanding the money supply, or doing it much more slowly, and so they become safer to depend on for a little longer, and then it's a gradual transition to Bitcoin from there. So it's like Bitcoin keeps them in check, but there needn't ever be "an event" or a big moment of catastrophe and collapse or anything like that. Gradual transition.
This guy is absolutely forking awesome! Thanks to whichever heaven gave him his eloquence!
hahahah yup!!
He is a very smart guy and I’m his fan for some time already. The way he explains about people being able to exit specific curency before the actual hyperinflation happens not only deflate the specific curency, but also more and more people will move their money where they feel it’s safe. He says the number of people being able to do that will keep increasing. It makes sense and I’m sure it’s a great news for bitcoin and overall cryptocurency. Lol nice story about the wheel barrel. But that’s completely true. These people didn’t have choice. Imagine what will happen when everyone will have a choice. Once again great guy Andreas!
yaaaa, like a thing about some of the worst governments/currencies is the people usually are less likely to have computers and cell phones. so even just technology growing and being cheaper will keep putting pressure towards crypto, if the local currency is still bad.
in first world countries, people can more easily get their hands on crypto. but they don't need to as bad because the local currency is usually stable day-to-day.
Watching the video now. This guy has solely been responsible for satiating my curiosity about bitcoin and cementing my interest. In fact his channel in YouTube is one of the best channels to watch to learn more about the subject.
This looks interesting, thanks for sharing this.
he's a real beauty, haha.
enjoy!
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