3min chapter

The "What is Money?" Show cover image

WiM007 - The Saylor Series | Episode 7 | The Virtues of Strong Money

The "What is Money?" Show

CHAPTER

Bitcoin: The Asymmetry of Cryptocurrency

The asymmetry has been inverted from a great wall of China where if there's one failure at any point, the whole thing is compromised. If you remove the predator, all sorts of crazy bad things happen. They're off the balance. It's like someone complained about transaction fees, so we try to change everything to drive the transaction fees down because somehow it's a domination in the eyes of God that people get charged for transactions. The antelope ran too fast, not fair, just throw them down. We'll hobble them for you. Interest rates are too high, I can't afford a low and make them go down. My competitor goes too fast, they're making it too

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