6min chapter

The "What is Money?" Show cover image

How Bitcoin Changes Everything | The Saylor Series | Episode 17 (WiM065)

The "What is Money?" Show

CHAPTER

All Wealth Is Hierarchical

If all wealth is hierarchical, and it's whoever gets to where everyone else is going first wins, you could think of fiat currency as a game in which a privileged few lit the spigot of freshly produced liquidity. So this is strategy we see in microstrategy, and something you would expect to see in energy producers who have the added benefit that they're operational. Their operations can be used to produce bit coin as well; so i think what ol tis lead to eventually as a consolidation of bit coin miners and energy producers. And then if you tack on, in that future where energy producers and bitcoin miners are consolidated, if you just tack on financial services that consolidated entity, then

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