2min chapter

The "What is Money?" Show cover image

Only Individuals Engage in Action | The Twilight of Gold Series | Episode 9 (WiM174)

The "What is Money?" Show

CHAPTER

The Liquidity Principle Is Not Just for Banks

Pale: I don't feel bad that bitcoin is priced below where i thought it should be based on a model. In the meantime, so the liquidity principle that we're talking about, it's not just for banks. It's for people. Youn have to sell some bict coin to live month to month. And that, i don't really have a problem with that. I think that's actually better than borrowing against it.

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