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August 30, 2024 · 1h 21m

Bitcoin, Lobbying, & Political Reality - Samuel Armes (Bitcoin Talk on THE #Bitcoin Podcast)

"The goal of the government should be to leverage the fiat system as it is to protect American lives and American prosperity as much as it can while hedging bets on what I think the future will be, which will be Bitcoin , because we all know that the fiat dollar won't be around forever."

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1 We're on the train of money printing, 2 talking about money printing and fiscal responsibility.

3 Like if you're a politician talking about 4 fiscal responsibility of nations useful 5 for people who believe in fiscal conservatism, 6 but realistically, that's never going to happen.

7 We all know that money printing is like a drug 8 and no one's gonna commit political suicide 9 by actually cutting government spending 10 and then ruining the economy for a two year period, 11 just to have the next three, four years 12 and then once you're unelected, 13 the next president benefit from the measures that you took.

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We're on the train of money printing,

talking about money printing and fiscal responsibility.

Like if you're a politician talking about

fiscal responsibility of nations useful

for people who believe in fiscal conservatism,

but realistically, that's never going to happen.

We all know that money printing is like a drug

and no one's gonna commit political suicide

Show notes & resources

"The goal of the government should be to leverage the fiat system as it is to protect American lives and American prosperity as much as it can while hedging bets on what I think the future will be, which will be Bitcoin , because we all know that the fiat dollar won't be around forever."

On this Bitcoin Talk episode of THE Bitcoin Podcast , Walker talks with Samuel Armes about lobbying against CBDCs, Bitcoin and politics, Trump vs Kamala, and a whole lot more.

Samuel on X: https://x.com/samuelarmes

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