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Published · transcript-backed

Ben Gilbert: belief

19 Jan 2021 Acquired Bitcoin

“I think the last thing to talk about in power that I should have talked about when you were talking about network economies, is again, going back to this comparison to the US dollar.”

— Ben Gilbert

Source trail

Everything needed to verify it.

Speaker
Ben Gilbert
Attribution
Verified speaker
Claim type
belief
Recorded
19 Jan 2021
Publisher
Acquired
Episode
Bitcoin

Transcript context

…If something else had the same properties, dynamics, and network behind its system, and it was called something else, I don't think there's any brand power there. Yeah. I think the last thing to talk about in power that I should have talked about when you were talking about network economies, is again, going back to this comparison to the US dollar. Government-backed currency has an absolutely enormous head start on their network economies power versus anything else. The government mandates that you pay your taxes in USD. Automatically, it means that every single person in the country must own some amount of USD in order to pay their taxes in it, or at least they have to... They have to have to use it.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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