3min chapter

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#176 – Robert Breedlove: Philosophy of Bitcoin from First Principles

Lex Fridman Podcast

CHAPTER

Bitcoin's Perfected Divisibility, the Divisible of Money

In terms of divisibility, each Bitcoin can be broken down into 100 million subunits called a Satoshi. The properties or the services that money renders that human beings value are those five properties: Divisibility, durability, recognizability, portability and scarcity. Those best satisfied those services historically, but Bitcoin as the most superior monetary technology in human history, essentially perfects them.

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