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Gary Gensler Wants to End Crypto but Support Bitcoin | EP 684

Simply Bitcoin

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Bitcoin Is the Only Reserve Asset of the Internet Economy

Bitcoin is designed to protect and secure our value, deliver it back to us so that we can spend it into the economy. When interest rates go up, savers are going to make more money. And when savers become spenders, that's how you stimulate economy. That's how you increase demand without printing a bunch of money. The fiat system exploits the savers. It takes everything from us. Bitcoin will evolve from digital gold to digital collateral.

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