4min chapter

The "What is Money?" Show cover image

WiM053 - The Saylor Series | Episode 13 | Bitcoin is Cybernetic Life

The "What is Money?" Show

CHAPTER

The Value of Bicoin in the Digital Age

Bid coint is essentially dematerializing these critical functions of banks and governments, the largest institutions in the world. It's also de materialized the civil police, mun security function everywhere,. That function was there to protect property, all property policing. And thisis, this is where i make this ine i point bi coins the first multi national money. All the fiot currencies are national moneys. Gold was a physical money. We replaced gold with fiot and with the banking system because we needed to move the money faster, to higher velocity., he says.

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