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BCB071_LUKE GROMEN: You Can’t Print Energy

Blue Collar Bitcoin

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Don't Leverage Bitcoin - That's All I'm Trying to Say

The longer this goes on, and what I mean by this is just take the last two, three months in energy as it relates to Japan, Germany, Russia, China. We're in a giant prisoner's dilemma. The more likely it becomes daily that one of them breaks ranks. If I'm Europe, I call up Russia and I'm like, listen, we'll pay you in euros and to lower the price, we agree to also attach gold. Boom. Their energy bill collapses. Do you envision a future where the market cap’s much larger in energy settles in this? Or do you think that's far-fetched?

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