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WiM004 - The Saylor Series | Episode 4 | Bitcoin: The First Digital Monetary Energy Network

The "What is Money?" Show

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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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