
Brett Scott: Beware a cashless society
UnHerd with Freddie Sayers
00:00
Bitcoin
Bitcoin essentially operates as a kind of limited edition collectible. It's sort of like look like money, but actually they're priced in money. And what's interesting about that is because it's digital, it's highly swappable,. A physical collectible is actually quite hard to send to somebody. Whereas a digital one is very easy to send. This gives it a much more money like feeling.
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