First published at 22:59 UTC on May 17th, 2024.
I probably think the Bitcoin standard, or I think that we're talking about two different sets of countries, right? The bigger, more powerful countries aren't ready and aren't going to go to the Bitcoin standard. If they try to reset C…
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I probably think the Bitcoin standard, or I think that we're talking about two different sets of countries, right? The bigger, more powerful countries aren't ready and aren't going to go to the Bitcoin standard. If they try to reset China or something, try to reset the Russian way, they would be more inclined to go to gold because they hold a lot of it, etc.
But the, The way the game theory is set up. I mean, the smaller countries have everything to gain and nothing to lose. I mean, it's, it's not a surprise that a very small third world country was the first adopter, you know, there was, there was nothing but upside here. Well, especially because they had already given up their own currency.
They had the dollar, so it wasn't even competing with their own currency. Exactly. And so I think that, I think we will see some more small countries, um, make this flip. I mean, I was disappointed recently to say, see Malaya in Argentina doesn't fully understand the difference between crypto and Bitcoin.
Mike Peterson - @Bitcoinbeach
Lawrence Lepard
Episode link:
https://youtu.be/MXj12OR2f9o
Apple episode:
https://podcasts.apple.com/us/podcast/larry-lepard-exposes-the-truth-about-el-salvador/id1655949969?i=1000653042095
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