
What's The Future of Money?
The Stacking Benjamins Show
00:00
Is Bit Coin a Good Medium of Exchange?
The era of cash is ending. The are going to move towardsa central bank, digital currencies and various forms of digital payment systems,. including stable coins and other crypto currencies. A currency issued by something like a facebook might certainly get a lot of traction there. But will bit coin be a really servie aviable medium of exchange? It is much too volatile in value. For el salverdor to sort of assume that using bit coin will solve any of its economic problems is, i think, an unrealistic hope.
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