NOT A DRILL! Balaji Bets the Dollar will Hyperinflate to Zero

This podcast episode explores the current banking crisis and its potential consequences, with a focus on the impending collapse of the US banking system and the rise of Bitcoin as a safe haven asset. The speakers discuss the historical decline in the purchasing power of the dollar, the vulnerabilities of fractional reserve banking, and the risks of a hyperinflationary crisis. They emphasize the need for responsible capital allocation, technological defenses, and Bitcoin as a currency of the people. The episode concludes with a warning about the consequences of US betrayal of its citizens and the need to take action to protect oneself against the imminent fiat currency crisis.