Chris Distefano believes that paper currency was introduced to facilitate military expansion and that its value relies entirely on a collective social belief in it.

“they said it the guy said when he said it he goes it only works if we all believe in it so we we no one can say no everyone's got to believe in it and that's the [ __ ] with Bitcoin everyone's got to believe in it so it's real though”

The transition from the gold standard to fiat currency was a necessary evolution because there is not enough gold to support the modern global economy.

“if the world went on a gold standard again, how would you shrink $126 trillion into 36 trillion? That right there, that's what we've been saying. The ship has left the harbor, that train has left the station. It's just there's again, there's not enough gold to cover the value of everything in the wo”