3min chapter

The "What is Money?" Show cover image

How Bitcoin Will End Currency Counterfeiting with Michael Goldstein (WiM252)

The "What is Money?" Show

CHAPTER

Bitcoin Fixes

Bitcoin allows for decentralized storage that can be that can even be multi-jurisdictional keys can also be stored in a user's own memory allowing storage to not require a physical location which can be useful as a hedge against political uncertainty bitcoin also does not require a bank vault to be opened in order to deposit more funds so these are all this is very cool like kind of unique aspects on bitcoin as well I mean specifically the bank vault I hadn't actually thought about that being a source of risk or uncertainty with physical money. With bitcoin you can just send an address right yeah similarly people don't necessarily think about the power of the actual broadcasting of a bitcoin transaction where if we if we go back

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