3min chapter

The Jordan B. Peterson Podcast cover image

186. Bitcoin: The Future of Money? | Bitcoiner Book Club

The Jordan B. Peterson Podcast

CHAPTER

Bitcoin Security Is Distributed So You Can't Invade All the Homes of All the Bitcoiners

The system itself is insanely resilient and what enables this trust is exactly as you have said it's it's radically distributed everyone has a copy so i can check it for myself from the very first block like the genesis of bitcoin up to the present moment. There's no centralized authority it can't be cracked it can't been stolen it doesn't inflate, it isn't subject to at least so far to any form of overt administrative control. So let me ask all of you guys a question maybe john and richard consignment in this because they haven't spoken too much yet. Why did we switch to a fiat currency back in 1971? The reason that people use the american dollar is

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