Bitcoin 101 with Linda Hill (WiM114)
The "What is Money?" Show
00:00
Bit Coin
You're getting milked all the time holding dollars. You've got an i o u from the bank that can turn it off at any time. I think other humans will figure this out too, as, again, more central banks print money. Whether people get it or not, they're going to feel it when they try. Hey, i used to bill to buy a pound of stake on an hour's wages, and now it takes me three hours wages to get a pound of steak. What's going on here, huh? This bit coin thing keeps going up in dollar value. It's been around for 15 years. Maybe i should buy some of that."
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