2min chapter

The "What is Money?" Show cover image

Bitcoin and the Sanctity of 21M | The Twilight of Gold Series | Episode 2 (WiM130)

The "What is Money?" Show

CHAPTER

Bitcoin Is So Simple, U Now, I Know That Again for the 100th Time I Was Trying to Explain to My Father in Law

Bitcoin is so simple, u now, i know that again for the hundredth time i was trying to explain to my father in law last night. But despite obstacles like that, bitcoin is quite simple. And actually, the things that you need to remember about bit coin are even simpler. There's only 21 million. And the share of bi that you have is the share you will have until you decide to sell it. That's actually all that matters, your share. No one can dilute that. If society gets wealthier, you'll get wealthier too. In real terms. The rich get richer, the poor get poorer. And it doesn't work. It rips human social cohesion

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