A Brief History of Money and Bitcoin with Brian Estes (WiM172)
The "What is Money?" Show
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What Is Bit Coin?
Bicoin was created by stoce nacomoto, the inventor of biain. The coin has a perfect inelasticity of supply and demand that is expressed in price. Increase in price increases its chance of success, which increases portfolio applications into it. And this is the thing we kep trying to describe, like thereis this vortex of positive incentives that is bit coin that nobody knows how to stop. We just saw something similar happen with the inner net, right? So how do you relate? How do you answer the question, what is bit coined through the scope of the inner nut?
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Transcript
