12min chapter

The David McWilliams Podcast cover image

Bitcoin is back, why?

The David McWilliams Podcast

CHAPTER

Hoarding and the Status of Bitcoin

This chapter explores the concept of hoarding in relation to Bitcoin and how it impacts its status as money. The hosts discuss the analytical paradox of Bitcoin's increasing price, which suggests it is money, but hoarding behavior reduces its functionality as a currency. They draw parallels between money and language, emphasizing the need for widespread use for practicality.

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