3min chapter

Business Books & Co. cover image

[S3E9] Layered Money with Nik Bhatia

Business Books & Co.

CHAPTER

Bitcoin

Nick Boulden: I'm starting to describe Bitcoin as more of a check on the current central banking system. It exists to have a price that is a reflection, perhaps, of the world's opinion of the soundness of the central bank currency. Gold has been described as that over the last 50 years as well, where gold is an inverse of the trust in the government currency. That's why a lot of gold advocates have become Bitcoin advocates and are also starting to realize that Bitcoin fits their narrative perfectly.

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