Patrick BYRNE, Overstock’s CEO, told crypto YouTuber Naomi Brockwell he is expecting the mass adoption of cryptocurrency and the collapse of the financial establishment.
“People turn to it where they collapse, like Venezuela or Cyprus or Syria, something like that,” Byrne said. “When people start getting into it is when their own financial systems collapse. So yes, given that I think the entire modern financial system is a big Keynesian, magic money tree Ponzi scheme, I do expect that the day will come when people turn to crypto.”
