So for me, it was easy to make a break because I saw my purchasing power getting destroyed. I\u2019m sitting there in all the old world investments and you have a 10% move up, or 20 or 30%. but everything in this digital asset economy is crushing it.\u201d<\/em><\/p>\nAccording to Tapiero, since the old financial world is overleveraged, investors will eventually move over to digital assets, which have a finite supply.<\/p>\n
\u201cThere\u2019s this idea that the fiat world is overleveraged \u2013 there\u2019s too much debt and I don\u2019t ever think that we\u2019re going to have a government default or a debt jubilee \u2013 none of that happens because it would be too cataclysmic. <\/em><\/p>\nBut what does happen is that the old world, which is overleveraged \u2013 and there are too many bonds \u2013 devalues slowly against the new world where in a sense there is a finite supply and no leverage \u2013 zero leverage\u2026 <\/em><\/p>\nif you think about things in those big broad terms it does make sense to exit as much as you can of the old world [financial system].\u201d<\/em><\/p>\n