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Mark Yusko - Bitcoin, Inflation & Why Blockchain & DeFi Are The Greatest Wealth Creation Opportunity Of Our Lifetime

London Real

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What Does Blockchain Technology Do?

In the old days, I lent you money. You trusted that I wrote down a hundred single entry accounting. So what blockchain technology does is it goes from dual entry accounting to triple entry accounting. We don't need to trust anybody. We have truth. Mark has a Bitcoin. It's on the ledger. Mark sends it to Brian. It’s on the ledger and we're replacing trust with truth. The internet, the mobile net, the truth net.

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