Part 5/8:
The conversation also touches on the relationship between Bitcoin and the U.S. dollar, particularly in light of recent discussions proposing that cryptocurrencies could be utilized on a government level, such as potentially seizing Bitcoin for federal reserve purposes. Pal dismisses these notions, pointing out that as the world’s reserve currency, the U.S. dollar doesn’t require additional reserves. Instead, he advocates for a careful balance in fostering Bitcoin's growth while safeguarding the economy from losing its competitive edge.