Chat_130 - Bitcoin Will Replace Fiat [Rajat Soni]
"All fiat dies because it's a trusted token that governments can
arbitrarily change. Every fiat with every single powerful
military behind it fell when the entity decided that they were just
going to change the rules. And the military didn't protect them,
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Guy Swann makes the knowledge of Bitcoin, the world's most secure, independent money, accessible to everyone. Exploring Bitcoin from an investment perspective, economic analysis, its philosophical foundations, & techno...
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"All fiat dies because it's a trusted token that
governments can arbitrarily change. Every
fiat with every single powerful military behind it fell when the
entity decided that they were just going to change the rules. And
the military didn't protect them, the military protected them
abusing the rules from the population.
Argentina's military did not protect the Argentine
population from hyperinflation. It protected the government from
a revolution. The Venezuelan, the Zimbabwean, the huge list of
fiat hyperinflations, the military was not your
friend. It did not back the currency. It
protected the government of their ability to defraud the
population and eviscerate everyone's life savings, eviscerate
their paychecks, and make the entire country poor to keep the
elite rich."
~ Guy Swann
Bitcoin isn’t part of the crypto casino—it’s something entirely
different. In this conversation with Rajat Soni, we break down
why Bitcoin operates more like language than a speculative asset
and why trusted money inevitably falls apart. We explore the
network effects that will keep more dollars chasing Bitcoin
forever, the myth that the dollar is backed by military power,
and why Bitcoin’s constant bid will bring long-term stability.
We also get into why altcoins can’t survive as global money, how
the entire stock market has turned into a gambling machine, and
the harsh reality of the U.S. government’s financial position.
But beyond all of this, what is the most important downstream
effect of Bitcoin? We dive into it all.
Huge thanks to Rajat for hosting this discussion on his YouTube
channel - be sure to check out his work on Bitcoin and personal
finance!
Link to original episode: Bitcoin will replace fiat -
Conversation with @theguyswann (Link:
https://www.youtube.com/watch?v=e8OQ6HbFpO4)
Rajat Soni Links
Rajat on X (Link: https://x.com/rajatsonifnance)
Rajat on YouTube
(Link: https://www.youtube.com/@rajatsonifinance)
Bitcoin Audible & Guy Swann Links
Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
Guy on X (Link: https://x.com/theguyswann)
Guy on Instagram (Link:
https://www.instagram.com/theguyswann)
Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
Bitcoin Audible on X (Link: https://x.com/BitcoinAudible)
The Guy Swann Network Broadcast Room on Keet (Link:
https://tinyurl.com/3na6v839)
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