The "What is Money?" Show cover image

The $1M Bitcoin Bet with Balaji Srinivasan and Alex Gladstein (WiM289)

The "What is Money?" Show

00:00

The Lowest Common Denominator Strategy

In 1933, private gold ownership was outlawed under threat of 10 years in prison or a $20,000 fine. "I like to think about it as the lowest common denominator strategy," he says. Bitcoin is an irrepressible barometer for the fragility of the legacy financial system and governments have gone to great links to try and suppress and manipulate its price.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app