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Fred Krueger, investor & crypto entrepreneur at Various (NFT/AI projects), compares the scale of fiat money and debt with the potential scope of Bitcoin. He states that $150 trillion is held in M3 money supply, matched by another $150 trillion in debt, totaling $300 trillion for all fiat assets. Krueger suggests this amount aligns with the combined valuations of global equities, real estate, and commodities. He then proposes considering how the financial landscape would change if Bitcoin replaced fiat currency.
Krueger has previously called for scrutiny over governance in the crypto sector, urging extreme caution when a single insider controls a public company. He has also discussed proposals for the redistribution of Bitcoin wallets that have remained inactive for over 1,000 days. These topics reflect his ongoing engagement with the structural issues facing digital assets.