2min chapter

The "What is Money?" Show cover image

A Brief History of Money and Bitcoin with Brian Estes (WiM172)

The "What is Money?" Show

CHAPTER

Transfer Economic Value Through the Internet Without Trust From the Banks

The current instantiation of the internet has, in many ways come to reflect kind of that banking system that has all its own problems. And so we need permission from papa, or bank of america, or j p mortgan, and the government, indirectly, rightas exactly? So block chain gets you out of that permissioned system, and so that we're free to transfer value to each other withoutper on from the government or from the banks.

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