5min chapter

The "What is Money?" Show cover image

How the IMF and World Bank Repress the Poor with Alex Gladstein (WiM263)

The "What is Money?" Show

CHAPTER

Bitcoin

In a Bitcoin world, people can keep what they earn and preserve purchasing power across time. But this should also work in favor of the weak in that it inhibits schemes like the IMF and World Bank. "I think if we looked at this schism philosophically between capitalism and socialism, capitalists really are about rewarding the strong," he says.

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