2min chapter

The "What is Money?" Show cover image

Why Austrian Economists Didn’t See Bitcoin Coming with Vijay Boyapati (WiM324)

The "What is Money?" Show

CHAPTER

The Process of Monetization of Bitcoin

The process of monetization happens in a sort of strange fractal pattern where each cycle looks like the prior cycle just zoomed out. And then you run out of early adopters and then you get the mainstream. So that's why Bitcoin isn't instantly monetized despite being the best form of money objectively that humanity has ever seen.

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