WiM050 - The Saylor Series | Episode 12 | Why Bitcoin Succeeds
The "What is Money?" Show
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Bid Coin
With bid coin, micro payment's become possible. And with transaction cost so low, you know, they approach zero on laer two as we sait early about lightning that work. With the divisibility so granular, this enables micro payments. This is a something tleb writes about extensively. It's inherent to ande for the longevity of most systems. I mean, this is like biological systems, social economic systems, systems of all different varieties. If central bank policy makers bore the consequences of their decision making, they would be much less likely to engage in decisions,. or execute decisions that would harm the economic system.
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