2min chapter

The "What is Money?" Show cover image

WiM003 - The Saylor Series | Episode 3 | Technology Themes through History – Harder, Smarter, Faster, Stronger

The "What is Money?" Show

CHAPTER

Bitcoin and the S S Curve

As Bitcoin continues to ascend and demonetize inflationary government business models, some of these functions that governments have bureaucratized will just start to fall to free market competitors. I think as those useless or worthless or unaccountable institutions start to shrivel up and die because there's no funding for them, that you'll see whatever functions that they provided or were intended to provide start to fall into the free market. So it's a really entrenched monetary network at this point and it's exhibited a lot of anti-figility.

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