The Number Zero and Bitcoin | Episode 1 | (WiM302)
The "What is Money?" Show
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The Unstoppable Shelling Point of Money
Bitcoin's terminal money supply growth or inflation rate of absolute zero is the ultimate monetary shelling point. In game theory, a game is any situation where they can be winners or losers. Gold was the world's monetary shelling point because it made trade easier in a manner that minimized the need to trust other players. For these reasons, holding the scarce's money is the most energy-efficient strategy a player can employ.
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