“The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” - Satoshi Nakamoto Don’t let nihilistic malthusians like Harari try to convince you that governments and central banks deserve our trust. They have proven time and time again that they most certainly cannot be trusted. This is a terrible psyop to try to wage when the whole world is feeling the pain of inflation caused by governments that can’t be trusted. They’re not sending their best!

Replies (71)

"It's actually a good idea to give banks and governments the ability to create more and more money in order to build more trust in society." What fucking planet does this clown live on lol?
llamasrus's avatar
llamasrus 1 year ago
Trust in institutions is eroding at a rapid pace, I’m not sure how money created by such institutions will be trusted by people.
Soberano's avatar
Soberano 1 year ago
This is only a confirmation. This is the way. Thank you. I follow this person because, even though I don't always share his ideas, his perspective is often visionary.
uncleJim21's avatar
uncleJim21 1 year ago
Holy shit this is the concern troll of the century. Ya of course you don’t like bitcoin it fucks up your whole scam bro. He sounds like a fifteen year old trying to report on a book he never read. Need someone to debate this asshole. I vote for @Pierre Rochard throw up the bat signal.
Valence's avatar
Valence 1 year ago
Leave it to a historian, who by definition, studies (and most likely TRUSTs) what the victors wrote down, to come preaching to others about trust being a legitimate way of conducting one's life. What a clown.
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Deleted 1 year ago
Words matter. Just use "distrust" instead of verifiable and voilà you have a negative connotation
SweedWick 's avatar
SweedWick 1 year ago
Sheeeit, even if I trusted one of the central authorities in my life, sure as fuck don’t trust them all.
Ironically it is ahistorical to sweep the breaches of trust by governments under the rug, or to assume that such centralizing eras are the norm for human societies--they're actually the anomaly. Harari isn't a historian, they're a propagandist
Harari’s explanation of money was too Keynesian, he did explain fractional reserve but instead of criticizing it, he actually supported it, to grow the pie he wrote, since I got into bitcoin and Austrian economics I know how wrong Harari was, I guess he had to write something that will please his Jewish banskter publisher.
rjk's avatar
rjk 1 year ago
What the actual fuck? Get this man away from anything and anyone important.
Mask off. I don't like a system of money that frees the population from the control of the ruling class. A system of money that empowers the population's rightful distrust of their ruling class. Yeah. Of course you don't like it.
More money doesn’t mean more trust. This motherfucker is a state bitch
Holy strange balls indeed. I think I just listened to an Israeli spy lizard word salad some sort of perverted argument that I should trust the US government (a government that appears to be controlled by his government) because banks and governments should create more money to create more trust? Actually I'm not even sure I got that right. Actually, I not even clear as to what the fuck he just said. So bitcoin is a currency of distrust because it isn't printed by a distrustful government? He is a self-proclaimed historian...did he not read about the history of money before he shat out of his mouth? Bollocks, 2024 is turning out to be 50% confusing and 50% stupid. Ok, back to digging my hole out in the woods to escape the words of turds like this bald Golem spook.
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Lo 1 year ago
“create more money, build more trust” don’t trust this guy
This is Harari? I just don’t get it Marty….why the fuck don’t people understand what the hell is going on? It’s actually VERY simple. 🤦🏻‍♂️
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DJ 1 year ago
Blind trust solves all problems, as shown consistently throughout history. Now drink your Kool-Aid, or else get shot. Exercise your free choice!
don't trust. verify.
Marty Bent's avatar Marty Bent
“The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” - Satoshi Nakamoto Don’t let nihilistic malthusians like Harari try to convince you that governments and central banks deserve our trust. They have proven time and time again that they most certainly cannot be trusted. This is a terrible psyop to try to wage when the whole world is feeling the pain of inflation caused by governments that can’t be trusted. They’re not sending their best!
View quoted note →
inventor's avatar
inventor 1 year ago
This homosexual zionist has always been a globalist shill, don't know what you're surprised about.
inventor's avatar
inventor 1 year ago
He's always been a globalist zionist shill.
inventor's avatar
inventor 1 year ago
What else would you expect from an homosexual zionist shill? Harari's always been that - a shill.
inventor's avatar
inventor 1 year ago
What best? lol, this harari guy is terrible.
do the opposite to whatever this guy says to live your life the right way.
inventor's avatar
inventor 1 year ago
Oh, he knows, but his handlers know even better.
inventor's avatar
inventor 1 year ago
He's an homosexual zionist jew. On par with "israel is the victim" rhetoric.
inventor's avatar
inventor 1 year ago
oy vey, stop noticing! vee need moar gibs for israel!
inventor's avatar
inventor 1 year ago
He's a literal homosexual zionist globalist little bitch shill.
scl's avatar
scl 1 year ago
Threw up a little from listening to this guy 🤢
This is why #Bitcoin wins. We shouldn't have to trust statist cucks like Yuval.
Marty Bent's avatar Marty Bent
“The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” - Satoshi Nakamoto Don’t let nihilistic malthusians like Harari try to convince you that governments and central banks deserve our trust. They have proven time and time again that they most certainly cannot be trusted. This is a terrible psyop to try to wage when the whole world is feeling the pain of inflation caused by governments that can’t be trusted. They’re not sending their best!
View quoted note →
very strange twisted logic. it is not just trust/distrust, we are not talking about religion here. the previous money just doesn't work
Hmmmm I wonder what he meant by currency of distrust because it is obvious to me and it’s one main reason why I like bitcoin. It seems he has a different perspective on it.
Him: “Bitcoin is a currency built on distrust.” Me: I already like bitcoin, you don’t need to convince me.
I highly recommend his first book "Sapiens: A Brief History of Humankind" it gives you a great foundation on way of thinking and point of view of the world, what Yuval says here in the video is just his opinion and of course he's wrong on it, the general idea of money and it's history is also well explained in the book and you can take it towards Bitcoin or however you choose.