4min chapter

The "What is Money?" Show cover image

How Bitcoin Will End Currency Counterfeiting with Michael Goldstein (WiM252)

The "What is Money?" Show

CHAPTER

Gold, Gold, Um, and Money

People are trying to get the thing that is most resistant to counterfeiting and that, that promotes something like gold as a successful money. And I guess by way of analogy, you could say if, if Bitcoin had ridges, they'd be kind of indestructible, right? Because you can, you can run a full node, right? You just can verify the Bitcoin is what it is. Yes. Great point. Um, but, you know, key there is this, it's always this cat and mouse game of like who can get the most counterfeit, resistant monetary technology. Once it's, once you control it, obviously you want to leave yourself the option to counterfeit

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