5min chapter

Closing the Loop cover image

#32 - Jeff Booth: Bitcoin is the Answer to a Broken System

Closing the Loop

CHAPTER

All Money Is as Information, Right?

If it wasn't just information, then a Venezuelan boulevard would be equal to a US dollar. And all the money is as a ledger of what you have and what you think it'll take you to get what you want. So if you say it's okay to apply misinformation to the information by distorting that money, everybody will look through your lens. That's exactly why I put out my recent piece on finding signal in a noisy world.

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