Avoiding the Debt Spiral with Bitcoin - (a panel discussion) from Pacific Bitcoin 2023
TL;DR: Panel at Pacific Bitcoin Festival 2023 discusses the US dollar's vulnerability as the world reserve currency due to rising debt, and suggests Bitcoin as a potential solution.
Hey Bitcoiners,
The US dollar's status as the global reserve currency is in a vulnerable state due to record-breaking levels of debt. At the Pacific Bitcoin Festival 2023, a panel led by Greg Foss, and featuring Preston Pysh, James Lavish, and Lawrence Lepard, delved into the concept of the debt spiral, pondered its inevitability, and explored Bitcoin as a potential solution to avert the impending financial turmoil.
Enjoy!
Tick tock next block,
Cory Klippsten
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