So when you look at the Federal Reserve and say their job is to preserve stable prices, I think what they heard was we get to set interest rates and they preserve interest rates, but they don't preserve the buying power of your money. The buying power of the dollar has gotten decimated. And so, you know, to me, sound money is essential for defending freedom. And Bitcoin's premise is kind of a return to sound money in an essence, you know, separating money from the state. (05:06–05:09)
CLAIM
Asserts that the purchasing power of the U.S. dollar has significantly decreased.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
