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118. The Islamic Case for Bitcoin

The Bitcoin Standard Podcast

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Is the Money Supply Good for the Economy to Work?

There is no such thing as a shortage of money any quantity of money is enough. People spend because they need to consume and they want to survive. You could run the entire global economy on a supply of a hundred dollars or a hundred billion dollars, or a hundred dollars, or 100 cents. But that's only going to come about after a significant appreciation of the price of pit coin. And people would rather have ten dollars than 100 japanese en. The purchasing power is what people seek in money. They don't seek more numbers.

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