AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Is Bitcoin the Standard Store of Value in the Future?
"What you're seeing is sort of more functionally complicated in some ways than a Ponzi, but it is still getting all of its output energy from its inputs," he says. "For anything that isn't on the list of Bitcoin and Ethereum, that value is probably zero." He thinks any good should be valued not as a monetary good but in terms of its intrinsic utility.