Ep. 19: Accelerating Bitcoinization through Education - AmityAge Academy Founder Dusan Matuska on Moving to Prospera, Educating 100m People about Bitcoin and the Future of Money
Stranded Technologies Podcast
Bitcoin
The argument against gold could be that you can seize it. That's the key security flaw with gold, right? So that's the analogy to Bitcoin, right? Yes, yes. And yeah, that was the problem of gold, the physicality. Because it's feasible, hard to transferable. You cannot start gold into internet cable and send it to Rotan, but you can do that with Bitcoin. But then again, that applies to other fear and currencies as well. There's a statistics that's saying how often a fiat currency fails. Every 23 years in the past, one fiat currency just was wiped out because of wars, hyperinflation, reforms fails over the state.
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