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The Number Zero and Bitcoin | Episode 1 | (WiM302)
The "What is Money?" Show
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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