Isaiah McCall
1 min readNov 14, 2022

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Hey John, good to see you.

We'll see. I always wrote about Bitcoin and Ethereum as parallels to the current financial system and opportunities for those that want to get out of the corrupt Fed-led fractional reserve Ponzi to invest.

It is highly speculative, like you say, even the Bitcoin founder admitted something like "if people adopt it, it will succeeed.If they don't it will fail."

Literal definion of a Ponzi.

However, it all boils down to how many people care about fiat currency debasement. I think what the Bitcoin founder saw after 2008 is that economic crashes will hit harder and harder with all the leverage in the system (i.e. what's happening now). This would wake more people up to the problem; and it's why I believe crypto is a genie out of the bottle that won't go back in.

I like the idea. But I try to stay grounded because of the complexity and difficulty of DeFi, volatility of the crypto coins, disinterest across a large majority of the populace, and MAJOR failures like what happened with FTX.

We'll see. But out of many of the dissenters I find your perspective the most sobering. Thank you.

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Isaiah McCall
Isaiah McCall

Written by Isaiah McCall

Journalist for 99Bitcoins and former USA Today, also Ultramarathoner | On Substack: https://isaiahmccall.substack.com/ mccallisaiah@gmail.com

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