John Titus joined the show to explain that everyone is missing the forest for the trees with the bank crisis that is unfolding.
The core of the systemic problem stems from a liquidity crisis driven by massive depositors, not duration mismatch.
"I'm not going out like that."
John's passion for exposing the corruption of the Federal Reserve is palpable in this rip. We need more John Titus's in the world.
The system is corrupt, it has been for some time, and the only way to fix it is revolution.
Man, I read that as John Titor and thought Uncle Marty was in complete control now!
Great episode. John is a little older so his brain is a little less plastic than younger folks, but I think he will eventually get orange pilled.
I don't know if I would have patience with John, when he says "what's wrong with cash?" and "who is Satoshi Nakamoto?". A bit disappointed Marty did not explain these, could be two sentences - "cash is hard to move, so favors custodians and fractional reseve", and "great minds care about ideas, not about people" ((c) Giacommo Zucco).
But good to see John at least open to the idea. And we need to understand what keeps people from bitcoin, so if this is the goal, it is good idea to not interfere and not try to convince.
When someone recommended me John's latest video, I though he'd be a good fit on TFTC... and next day it happened!
I enjoyed the show, as it was different style then his videos, here he told some of the conclusions which are only alluded to in his video. Also, nice thoughts about his personal motivation, and how to keep the spirits high.
