Only Individuals Engage in Action | The Twilight of Gold Series | Episode 9 (WiM174)
The "What is Money?" Show
00:00
Bitcoin Miners
Banks are more likely to issue letters of credit rather than physical bit coin, because that reduces their risk. We would expect transactions to be less intermediated in a digitized future. But i think the most inflationary example could still happen when everyone's full of exuberance.
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Transcript
