My guest today is Alex Gladstein, Chief Strategy Officer at the Human Rights Foundation and author of the book "Check your Financial Privilege". Today’s episode focuses on how Bitcoin is changing the landscape of the financial services industry and offers hope to many people who were born into a weaker financial system. The episode illustrates how Americans (which is only 4% of the world population) enjoy financial privilege from the dominant U.S. dollar system while 2 billion people live with double-digit inflation every day. Most of us think of Bitcoin as an investment opportunity, but there's ample data that shows bitcoin is fast becoming a transaction platform to move money across borders, protect savings from inflation, and pay for services in many countries around the world. Lastly, Alex emphasized the crypto world's famous mantra “Not your keys, not your coins”.
0:41 – Intro to Bitcoin and Alex Gladstein
3:50 – Financial Privilege and The Evolution of Global Currencies
23:40 – The U.S. Economy’s Power
27:06 – Bitcoin as a Solution and Currency for the World
36:44 – Bitcoin’s Impact in Countries with Lacking Financial Infrastructure
46:46 – Responding to Bitcoin Criticisms and Spreading Financial Freedom
57:00 – Alex’s Three Insights for the World
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