
MI135: Bitcoin is for Millennials w/ Preston Pysh
The Intrinsic Value Podcast - The Investor’s Podcast Network
00:00
Is Bick Coin a Defilationary Force?
The termiminology, that last part is where the terminology gets really confusing for for a lot of people. So what do i mean by that? Let's say we had a form of money. This is what a bick point is bick coin has 21 million units, but it has ten to the negative eighth that you can move the decimal point over to a satoce. And so with any type of monetary base line unit, in this case, talking about bick coin, there's going to be credit that's constructed on top of it. The reason bitcoin is more optimal to talk about for me personally, is because in that type of world where you'd be using
Transcript
Play full episode