3min chapter

The "What is Money?" Show cover image

A Brief History of Money with Luna (WiM335)

The "What is Money?" Show

CHAPTER

The Importance of Layering Money

If you're holding gold or Bitcoin, you've got asset equals liability plus equity. That's not the same for dollars though, right? Like, there's a liability built into that dollar. Yeah, that can be expressed through the debasement of currency. And I am worried about it. It makes me think about Bitcoin as a very short term money. So value for value, like sending zabs and so on. But where place when you have enough, why in places like Argentina that I was there last year, why they prefer to use that and not Bitcoin.

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