WiM056 - The Saylor Series | Episode 14 | Bitcoin’s Seven Layers of Security #1
The "What is Money?" Show
00:00
Bit Coin
In big coin, we have something that requires less transformations. Energy producers anywhere in the world can essentially directly monotize their energy sources. And thatit, it's now being monotized into this absolutely scarce token called bit coin That can be transported globally, 24 by seven, three 65. You have final settlement within an hour. The analogy is that it's a one way battery. O, like a right only battery. So i think that's a very useful analogy and powerful way to look at it. A hopefully in other energy producers in the world, i think they're slowly awakening to this,. But it's still at the fringes to such an extent that people haven't
Transcript
Play full episode
