How Bitcoin Changes Everything | The Saylor Series | Episode 17 (WiM065)
The "What is Money?" Show
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The Application of Money
When money is well integrate to its referent, then all of a sudden you don't need promises to money. Actually, it becomes unnecessary. And as you might have guessed, that's exactly what bit coin is. It's like destroying the notion of currency in a lot,. If you define currency as what is government authorized a and so bit coin is like this globally accessible monetary layer because it's pure, purely digital.
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