Demystifying the Petrodollar Scheme with Alex Gladstein (WiM082)
The "What is Money?" Show
00:00
Is There a Difference Between Bitcoin and Gold?
You cannot create more bitcoin by digging deeper in the ground, or by ingenuous accounting tricks. Even if the only e t f issued was a short bicoin fetures t f, it would not be able to assert any real downward pressure for a long period of time. So again, you have a difference between gold and bitcoin. And while i don't think it was a barbarous relic at all, i think it was quite elegant in the way that it was used by humans for thousands of years.
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