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Here for the Truth on Money and Bitcoin with Robert Breedlove (WiM271)
The "What is Money?" Show
Is Satoshi's Bitcoin a Virtually Perfect Money?
With Bitcoin, Satoshi has effectively invented a virtually perfect money, right? Infinitely divisible, durable, recognizable, portable, and perfectly scarce. And the same is not true for Bitcoin, right? There's no way to increase the supply. At least no one's figured out how you could possibly increase the supply of Bitcoin beyond 21 million. So can it be banned? What if they turn the power off? What are your thoughts on, I guess, those two questions? Yeah, just speak to the properties of money first.
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