2min chapter

The "What is Money?" Show cover image

Bitcoin is Not a Hedge with Parker Lewis (WiM267)

The "What is Money?" Show

CHAPTER

Trustless Cryptocurrency Is a Negative Thing

We don't really know the criteria by which they're deciding dollar production. They do it behind closed doors. I don't even think we have clear line of sight on who the shareholders of the central bank are. The system as a whole is very trusted because it's devoid of trust in any one individual, any institution. No one is in control. And that becomes the only model you can trust when it comes to how money is created or what the issuance schedule is.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode