3min chapter

The "What is Money?" Show cover image

Principles of Liquidity | The Twilight of Gold Series | Episode 8 (WiM166)

The "What is Money?" Show

CHAPTER

Is There a Mass of Unwind?

Gold or bit coin, i would assume, would be the only moneys that could fit the bill for that. There's an abstract problem i think people have imagining a credit system built on bit coin. I don't know pe le really have this problem, but i think thre's just like a vague sense that there isn't enough bit coin out there. That's almost like, um, quasi superstitious belief that you just need moreas of unit bias. It's so complicated and so disastrous and also so plausible and al so unavoidable. Goodwoold put it.

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