If playback doesn't begin shortly, try restarting your device.
•
You're signed out
Videos you watch may be added to the TV's watch history and influence TV recommendations. To avoid this, cancel and sign in to YouTube on your computer.
CancelConfirm
Share
An error occurred while retrieving sharing information. Please try again later.
196,570 views • Mar 21, 2023 • #AnthonyPompliano #Pomp
Show less
Balaji Srinivasan is an entrepreneur and an investor. He was the former chief technology officer at Coinbase, a former general partner at the venture capital firm Andreessen Horowitz, and he also has a number of nine figure exits as a founder of companies. In this conversation, Balaji and I discuss the current banking crisis, the potential of hyperinflation, what happens to the U.S. dollar moving forward, why he made a $1 million Bitcoin bet over the next 90 days, and what exactly Balaji thinks has led up to this scenario.
TIMESTAMPS:
00:00:00 - Urgency to Get Your Bitcoin Off Exchanges and the Insolvency of Banks
00:03:18 - Banks and the Bond Market Collapse
00:06:33 - Digital Bank Runs and Jargon in the Finance Industry
00:12:29 - The Banks Knew of an Impending Crash and Failed to Notify Depositors
00:15:37 - Banks' Losses Hidden through Accounting Magic
00:18:51 - The Deception and Insolvency of Banks
00:22:06 - The Rise of Bank Deposits and…...more
🚨 Bitcoin & The Stealth Banking Collapse | Balaji Srinivasan
6.3KLikes
196,570Views
2023Mar 21
Balaji Srinivasan is an entrepreneur and an investor. He was the former chief technology officer at Coinbase, a former general partner at the venture capital firm Andreessen Horowitz, and he also has a number of nine figure exits as a founder of companies. In this conversation, Balaji and I discuss the current banking crisis, the potential of hyperinflation, what happens to the U.S. dollar moving forward, why he made a $1 million Bitcoin bet over the next 90 days, and what exactly Balaji thinks has led up to this scenario.
TIMESTAMPS:
00:00:00 - Urgency to Get Your Bitcoin Off Exchanges and the Insolvency of Banks
00:03:18 - Banks and the Bond Market Collapse
00:06:33 - Digital Bank Runs and Jargon in the Finance Industry
00:12:29 - The Banks Knew of an Impending Crash and Failed to Notify Depositors
00:15:37 - Banks' Losses Hidden through Accounting Magic
00:18:51 - The Deception and Insolvency of Banks
00:22:06 - The Rise of Bank Deposits and the Failure of SVB
00:25:18 - The End Game of the Fed's Monetary Policy
00:28:20 - The Stealth Financial Crisis and the Importance of Bitcoin in Escaping the System
00:31:15 - China's potential abuse of CBDC and Bitcoin as an exit from the system
00:34:19 - The Bitcoin Lifeboat and Hyperbitcoinization
00:37:17 - The Importance of Getting Bitcoin and the Impending Financial Crisis
00:40:06 - Trusting Bitcoin in Digital Catastrophes
00:43:13 - Digital Bank Runs and the Central Bank Playbook
00:46:31 - The Final Big Debt Crisis and the Digital Devaluation of the Dollar
00:49:39 - The Monetization of Debt and the Death of Banks
00:52:40 - The potential consequences of a digital currency and the current economic crisis
00:55:39 - Bitcoin as a Potential Hedge Against Devaluation of Fiat Currency
00:58:45 - The Skin Suit Wearer and the FED
01:01:46 - The Rise of Maximalist and Crypto States
01:04:53 - Healthy Suspicion of the State and Bitcoin as a Hedge Against Economic Instability
01:07:50 - Hedging and Saving Money in Markets
Pomp writes a daily letter to over 200,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/
View open jobs in crypto: https://pompcryptojobs.com/
Enroll in my crypto academy: https://www.thecryptoacademy.io/
Follow Pomp on social media:
Twitter: / apompliano
Instagram: / pompglobal
LinkedIn: / anthonypompliano
Website: https://anthonypompliano.com/
TikTok: / pompofficial #AnthonyPompliano#Pomp…...more