Freedom, Growth, and Responsibility with Robert Breedlove (WiM262)
The "What is Money?" Show
00:00
Is Bitcoin the Best Form of Money?
David Frum: Bitcoin is like the invention of the first pure money. He says commodities are bifurcated into their industrial use value and their monetary use value. If it's 20% industrial use in its market cap, that means it's roughly a 20% inefficient money, he says. And then when you look at Bitcoin through that same lens, you say, wow, this is the first Bitcoin's the first in many ways, right?
Transcript
Play full episode
