WiM023 - The Frisby Series | Episode 4 | Technology and Cyclicality
The "What is Money?" Show
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Is There a Bubble?
i love the way you call bit coin the most bubblisios technology that's ever existed. Because bit coin is tefirst asset in history that's pure monetary premium. It has no alternative use case, right? It's like virginal money. Whereas even something like gold has this industrial utility use its separate as minimu minimu minimy at your point. i think a bubble is a sign when there's an exchange value that exceeds the utility value. So it's al there's always because money is the monetary premium on an asset, essentially.
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