6min chapter

The "What is Money?" Show cover image

Ray Dalio's Take on Bitcoin | Principles of Bitcoin Series | Episode 2 (WiM255)

The "What is Money?" Show

CHAPTER

The Showing Point in Game Theory

I would argue that the, and I did argue in the piece, the numbers here on Bitcoin, the absolute scarcity of Bitcoin is a really, really, really big deal. We've always been pursuing the most relatively scarce money. That's what gold was. But if we take that reasoning to its ultimate conclusion that themost relatively scarce asset outcompets to become money, well, then what is absolute scarcity? And so in that way, I'd tell you about our sponsor CrowdHealth - let's face it, an absolute legacy insurance scam -- Chris Rock.

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