
Bitcoin: The First and Last Engineered Money w/ CJ Konstantinos (WiM570)
The "What is Money?" Show
00:00
Bitcoin vs Fiat: The Future of Money
This chapter explores the fundamental differences between fiat currency and Bitcoin, emphasizing Bitcoin's engineered nature as a potential solution to the flaws of traditional monetary systems. It discusses how Bitcoin's unique properties, such as digital scarcity and production costs, contribute to its viability as a store of value and its ability to outpace fiat currencies. The chapter also examines the impact of Bitcoin mining, decentralization, and market dynamics on its future as a widely accepted form of money.
Transcript
Play full episode