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WiM004 - The Saylor Series | Episode 4 | Bitcoin: The First Digital Monetary Energy Network
The "What is Money?" Show
Isn't It Ironic?
The counterparty risk on gold is at the municipal level, the state level, the federal level and the corporate level. Over a long enough timeline, the mortality rate is 100%. Right? And the long run we're all dead, right? So I think Keynes may have said that. He said it. Yeah. Robert Heiland wrote a book called Lifeline that he said, over a long enough Timeline, the mortality rates are 100%.Yeah. We have a gold network and we want to move money. It has to be secured by institutions. Not if you put $100 million worth of gold into a bank in Frankfurt in 1900. What if you put it in the largest bank in
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