Bitcoin and Prosperity with Samson Mow (WiM275)
The "What is Money?" Show
Is Bitcoin a Battery?
A lot of people on Bitcoin's Twitter debate about this is Bitcoin a battery thing, right? Obviously, you can put labor into it or you can expend energy to create it via the mining process. But that doesn't mean you can then convert,. You can't plug Bitcoin into your car or house or something to power it, obviously. So if it's money that's functioning properly, you could redeem it for anything the market can produce, including energy.
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