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WiM004 - The Saylor Series | Episode 4 | Bitcoin: The First Digital Monetary Energy Network

The "What is Money?" Show

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How to Move $100 Million Worth of Gold 10,000 Miles a Year

In a monetary sense, we would say that energy really lacks durability, right? We've been transitioning energy into capital and then gold or money becomes the network that commands that capital. What if I want to move $100 million worth of gold 10,000 miles? Well, that's about 3,000 pounds of gold. So I put it on a global express, cost $10,000 an hour,. I fly 16, 18 hours around the world. That's about $180,000 plus another 70,000, $250,000. If I have to fly the plane back, let's just assume I don't. It's up to like 25 basis points. Point 25%

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