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#444 Raoul Pal on Bitcoin & The Macro Economy

The Pomp Podcast

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Is This the Dream of a Central Bank?

The idea that i can actually treat you differently than your neighbor is the dream of a central bank. The flip side is it's terrifying, because it can be used nefariously. So what are we going to do? Well, there'll be some latin american countries bored of currency crisis and will put bitcoin into their reserve. And then they get rewarded for it. Itit's the same process and behaviy and game theory will tell you that everybody else will start doing it.

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