3min chapter

The "What is Money?" Show cover image

Why Freedom Matters with Neil Oliver (WiM237)

The "What is Money?" Show

CHAPTER

The Human Spirit Will Reassert Itself

Bitcoin is a decentralised, peer-to-peer payment system. Bitcoin aims to be the world's first 'decentralized' bank that would allow users to pay for goods and services without being coerced into doing so. The idea of centralizing power in one place has been tried before by authoritarian regimes such as the Roman Empire or Soviet Union. But this time it will fail because there are 8 billion people on the planet who won't put up with totalitarian control says Satoshi Nakamoto.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode