WiM059 - The Saylor Series | Episode 15 | Bitcoin’s Seven Layers of Security #2
The "What is Money?" Show
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The Most Invariant Good That Was Gold Historically
In the same way that life forms adapt themselves to constancy of gravity on earth, market actors adapt themselves to the constancy of money. Historically, they adopted gold as a store of value because it was slow and predictable. But now bit coin, we have something radically new. It's the first perfect constant, or invariant ever in history, in that we have this fixed supply of 21 million bit coin. This is darwinism, thiss universal darwinisms.
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