3min chapter

The "What is Money?" Show cover image

WiM044 - The Saylor Series | Episode 10 | The Death of Gold

The "What is Money?" Show

CHAPTER

Bitcoin - A New Tool for the Market Process

Soyou: Bit coin is the first igital money. But it had many shortcomings, which sailor brilliantly elaborates in this episode. Soyou: The purpose of trade is to produce energy efficiency. And whoever does that more efficiently than others is warded with profits. That's how markets essentially lower prices, ind crete innovation.

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