Can we Ever Approach a Better System? A fiat Rant!
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Hey Everyone,
In the fiat system, we live in, incentives are completely backward and often even rewarded. I am a millennial who is frustrated seeing where our country is headed, and by fixing the money, many of these issues we see day in and out can also be fixed.
We need to see a move to a better system, and I think that could be Bitcoin. In this podcast I discuss the following important topics:
- Warren Buffet and others found front-running
- Senators and congressmen make $175K a year and are worth several hundred million
- Homes across the U.S. are all 40% overpriced, sitting vacant, and being bought up by hedge funds hollowing out the middle class.
- Incentive structures are broken across healthcare, all types of insurance, HOA and Taxation
- Short-term gambling is incentivized over long-term prudent investing
- Creating a society of junkies chasing fiat gains, over long-term approaches
- A real decline can be seen, but can this be better?
- How Bitcoin can fix these different avenues!
I'd love to hear your thoughts on this! If you enjoyed the podcast please be sure to share this around. I enjoyed this one!
Best Regards,
Bitcoin Buys: https://invite.strike.me/2MSTYG
Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment.
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116 episodes