Preston Bish says Bitcoin solved a global problem that expands chaos and expands the Fiat currency
Investor and investment capital Preston Bish says that Bitcoin (BTC) is a key to solving a problem that suffers from modern economies.
In a new interview on YouTube with Natalie Brunell, PYSH says the global financial system is mainly defective because it allows governments to issue currency without “global connection” or one of the reliable assets that guarantee its value.
PySH argues that Bitcoin is the only origin capable of addressing the root cause of currency ending and frequent market collapses.
“The problem in the world was not any global link. There was no universal connection that could be trusted. This was really the problem. That is why Fiat continued to expand. That is why she got these crazy assessments because it would print more money and then only continue to bomb and create chaos because no one can trust the basic basic unit.
So there was no connection. This was what Bitcoin had resolved. “
PYSH also believes that the basic function of Bitcoin is working as a value store, with a cash -like method.
“How will all these governments in the world reach a collective consensus that can trust each other when everyone races to behave their currency? There was no solution.
People used to tell me, “Oh, the International Monetary Fund will be [its] Special drawing rights and all other things, which require all confidence. I was like, “I don’t think so. I don’t think this is solving it.
Then I see Bitcoin like, “Finally, here is something that solves this huge and huge engineering problem …
I think you must first obtain value of value, and you must continue to estimate the value due to its storage of value properties before people want commercial payments and daily payments, and is dealt with as cash. “
At the time of this report, Bitcoin is traded for $ 95,956.
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