
Response to Jeff Snider's Criticism of Bitcoin - E244
Bitcoin & Markets
00:00
Bioin Is on a Monetiation Journey
This is the first time in recorded history that a brand new commodity, or a brand new thing, has become money. We have different examples, like where glass beads were used in africa, and the europeans came in with gold and silver. But we've never had this happen. Jeff might push back and say, well, credit based dollars are new, but they're not really. I mean, they've always existed as fiduciary media on top of the gold standard. So no, that's not new. It actually got boots strapped off of theGold standard, and it grew because there was room for it to grow. As a credit base money, wer att
Play episode from 11:44
Transcript


