Episode Details

In this episode, Lucas and Grant discuss Avik Roy's essay "Then They Fight You" from Natalie Smolenski's "The Satoshi Papers," exploring potential U.S. government responses to monetary collapse and Bitcoin's rise.

Key Topics:

• Economic and monetary crisis
• Three potential US government responses: restrictive, palsied, and munificent
• Bitcoin adoption and distribution
• Strategies for achieving the munificent scenario

Summary:

The episode begins by outlining the stakes of the current economic situation, particularly the mounting national debt in the United States. Grant introduces Avik Roy, the author of the essay "Then They Fight You," which examines the potential responses of the U.S. government to a monetary collapse and the rise of Bitcoin. The discussion revolves around the phrase "First they ignore you, then they laugh at you, then they fight you, then you win," attributed to Mahatma Gandhi, and how it applies to Bitcoin's trajectory.