Bitcoin Isn’t Stopping At $100k With Global QE – Dan Held Of Kraken
This was an amazing chat with early Bitcoin adopter & libertarian Dan Held from Kraken.
We clearly explain what is happening in the global financial system. How central banks, governments, households & businesses got themselves into so much debt, & why Bitcoin is the answer to this debt based monetary system.
With too much debt in the system the only option is negative interest rates. But that is straining the banks which could bring down the economy if they collapse. The bond market is in a bubble. The stock market is overvalued. Property is overvalued. Growth is slowing, it looks like we are heading for a global recession or depression. It will take extraordinary measures to pay all the unfunded liabilities & keep all the derivatives from collapsing the financial system.
This is what you need to know before the next financial crisis. We discussed why Bitcoin is unique, why it is unstoppable for governments & regulators, why price will continue to rise compared to fiat money, Bitcoin as a store of value vs a payments network, blockchains in general & a range of other topics! #Bitcoin #Money #Cryptocurrency
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