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Published · transcript-backed

David Rosenthal: belief

19 Jan 2021 Acquired Bitcoin

“I think the other dimension to this question is, not that we're going to be capable of or choose to talk about a certain side here, but it’s just a political side of this.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
belief
Recorded
19 Jan 2021
Publisher
Acquired
Episode
Bitcoin

Transcript context

…A centralized system is way more efficient from an energy consumption perspective. Yeah, that's a good point. I think the other dimension to this question is, not that we're going to be capable of or choose to talk about a certain side here, but it’s just a political side of this. There's probably a reason why currencies and governments have been tied together for 400, 500 years. This is separating that out. What are the consequences of that going to be? They're large. It's an unbundling of one of the major components of the services that a government provides in order to ensure a stable society. Will societies that you currently think are stable stay as stable if they don't own the fiat currency?…

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