3min chapter

The "What is Money?" Show cover image

Bitcoin 101 with Linda Hill (WiM114)

The "What is Money?" Show

CHAPTER

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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