2min chapter

The "What is Money?" Show cover image

Here for the Truth on Money and Bitcoin with Robert Breedlove (WiM271)

The "What is Money?" Show

CHAPTER

Bitcoin - The Best Tool for Money

What made gold good money is that people consensually selected it as the right tool for the job. If you could trust human nature, if we weren't sinful, corruptible creatures, gold-backed currency would work great. Bitcoin is perfectly durable in the sense that it's just distributed information. You can burn as many physical copies of the Bible as you want, but that will do nothing to destroy the Bible itself.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode