32min chapter

Tom Bilyeu's Impact Theory cover image

US Banking Crisis: The Truth Behind The Disaster & How It Will Get Worse... | Robert Breedlove (Replay)

Tom Bilyeu's Impact Theory

CHAPTER

Evolution of Money: From Gold to Bitcoin

The chapter explores the historical evolution of money from physical commodities like gold to the modern concept of Bitcoin, discussing how money serves as a social agreement facilitating exchange. It compares the drawbacks of physical gold like lack of portability leading to centralization of custody and highlights the corruptibility of centralized institutions like central banks. The conversation also delves into the potential societal changes and benefits that could arise from a Bitcoin standard, emphasizing a shift in power towards individuals and potential reduction in violence and coercion.

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