2min chapter

The "What is Money?" Show cover image

Bitcoin as an Incorruptible System of Value with Jordan Peterson (WiM168)

The "What is Money?" Show

CHAPTER

Bitcoin

Yewell: We haven't had this exit option in money ever. So bitquin's kind of this like honesty forcing function on behavior. And that if they're excessively oppressive or excessive regulation, taxation, whatever it is, people can exit into this property,. That's independent of the state. Yewell: Do you worry that by replacing a fiet currency, maybe, ultimately, are we going to de stabilize things that fiet currencies are doing that we don't understand? How much utility is there? Is there utility in letting your government make fundamental financial decisions that bit coin would a threaten in a negative way?

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