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Petrodollar's impending collapse paves way for oil to be priced in Bitcoin - Greg Foss
Greg Foss, Bitcoin Strategist & Partner at Bitcoin Opportunity Fund, and Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, discuss the impending collapse of the petrodollar and Foss’s view that oil and all energy will eventually be priced in Bitcoin. Foss discusses how Bitcoin is a credit default swap on sovereign debt and why he believes Bitcoin is the “most asymmetric investment opportunity of our lifetime.” They also discuss how CBDCs could actually support Bitcoin adoption. Foss and Makori spoke at the Bitcoin 2023 conference in Miami. (show less)
Greg Foss, Bitcoin Strategist & Partner at Bitcoin Opportunity Fund, and Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, discuss the impending collapse of the petrodollar and Foss’s view that oil and all energy will eventually be priced in Bitcoin. Foss discusses how Bitcoin is a credit default swap on sovereign debt and why he believes Bitcoin is the “most asymmetric investment opportunity of our lifetime.” They also discuss how CBDCs could ... (read more)
