3min chapter

The "What is Money?" Show cover image

The Recent Collapse in Crypto Debt Structures With Caitlin Long (WiM 177)

The "What is Money?" Show

CHAPTER

Bitcoin Is an Anti Ponse Scheme

Bikhoin itself is not a ponsie scheme. There's no money coming in or out of it. The literal definition is te ponse scheme is new money goes to pay out the old investor. Bikrs just a, it's just a booky pig system. And and that's what's so beautiful about it. It can't be manipulated. Jis universally inclusive. Is the beauty. Frankly, i beck one is for everybody. Am absolutely it. Finally, a, i guess you call it an a political organization, something like that, right? That doesn't mat what we do,. Like you said, secondary markets, liquidations, price politics.

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