140 - The Future is Fiat | Noah Smith
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In today's episode, we cover geopolitics in broad strokes—Noah thinks we're already at war in the form of an economic showdown between what he calls the New Allies and New Axis.
We also turn to crypto, where Noah gives his bull case while addressing some misconceptions he sees in the crypto community.
The sum of all of this is an episode title we thought we'd never see on Bankless—The Future is Fiat.
TIMESTAMPS:
0:00 Intro
6:00 Noah Smith Respects Nerds
11:00 The War Economy
19:20 The New Axis
23:30 Battle of the Titans
30:50 Different Capabilities
35:02 Why Does This Matter?
39:00 Taiwan
45:20 Sanctioning China
50:35 The Path to War
57:15 High Level Crypto
1:02:20 Crypto In Conflict
1:09:45 Weakening Nation States
1:15:40 Crypto Misconceptions
1:26:10 A New Economy
1:32:10 Ponzis
1:40:48 The Fate of the Dollar
1:45:25 Bullish Rabbits
RESOURCES
Noah’s Writing