4min chapter

The "What is Money?" Show cover image

Responsibility as the Art of Freedom with Russell Lacour (WiM084)

The "What is Money?" Show

CHAPTER

The Leverage in the Bitcoin Market Is Wrong

If we want bitcoin to fix what's broken, you want that money to enter the system and for bit coin to create so much wealth. And in a world where people now denominate an asset rather than fiot currency, we can begin to take steps to solve issues. At the end of the day, we have created a money system that actually trapped ourselves. That's what inflation is bringing to light. Because fia is not scarce, and it folking shouldn't be. The more that they're forced to make it not scarce, the more the system implodes.

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