Former Coinbase CTO Balaji Srinivasan Says Bitcoin Is About Stopping The State From Slowly Draining Your Wealth

Former Coinbase CTO Balaji Srinivasan has drawn a provocative parallel between Bitcoin‘s (CRYPTO: BTC) role in preserving wealth and the pursuit of longevity in healthcare, both framed as resistance against state control.

What Happened: In an interview, Srinivasan asserted, “Bitcoin is about stopping the state from slowly draining your wealth, and Don’t Die is about stopping the state from slowly draining your health.”

He argues that these concepts are “very parallel” in their opposition to gradual, state-sanctioned deterioration.

Srinivasan criticized the current financial system’s acceptance of inflation, stating, “In the …

Full story available on Benzinga.com

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