"What if Bitcoin actually COULD cure the evils of fiat money?" - Eric Cason on Cryptosovereignty

In a truly mind blowing discussion Robert Breedlove and Erik Cason discuss the role that Bitcoin plays to the concept of sovereignty.

To listen to the full description please follow this link: https://www.youtube.com/watch?v=w-Ix9a8yq7M&t=21s

To watch my video on how Bitcoin fixes the current financial system: https://www.youtube.com/watch?v=s-B5ai8QmHg

One of the key features of Bitcoin is its decentralized nature, which means that it is not controlled by any single entity or government.

Against the backdrop of turmoil in the banking sector Bitcoin has rallied impressively in recent weeks, once again prompting the idea that a decentralised alternative is becoming ever more relevant given the nature of the Fiat system.

The notion of a trustless system, that is decentralized in nature and cannot be controlled by any single entity or government, and that gives users the ability to transact directly with one another without the need for a middleman can be especially important not just for people who live in countries with unstable or unreliable financial systems but also in countries where the Fiat system is perceived as being stable.

In a recent discussion Robert Breedlove and Erik Cason discussed the role that Bitcoin plays to the concept of sovereignty. Throughout the discussion the conversation centred around the effects of the Fiat system on personal liberty Here is what Erik had to say in relation to Bitcoin as an alternative to the current Financial system Bitcoin provides a means for individuals to exercise greater control over their finances and transactions In turn this can enhance personal sovereignty and empower people to make their own financial decisions Because Bitcoin operates outside of government control, its value is not subject to the same kind of manipulation as fiat currencies Once a transaction is completed it is stored permanently on the Blockchain When viewed in this context the way in which a currency is controlled and managed can have significant implications for personal liberty and psychology This commitment to 'truth,' as Erik, argues has far reaching implications for our societies As well as how we conduct ourselves as individuals