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Ep. 2070 Fiat Money and Debt Slavery, with Saifedean Ammous

The Tom Woods Show

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Bitcoin Isn't a Checkmate

With gold, you don't have this ability to take your gold off the system and just continue to trade it with the rest of the world. You need either pieces of paper that are backed by the gold or divisible into small pieces. Or more importantly, you need a banking sector that is built around the gold That allows you to move this around to pay people that you can't pay face to facehat you can't hand over a gold coin to. bitcoin offers us a realistic alternative to that, where you actually can i, youknow, if we do another f d r, you can actually take your coins off and keep sending them.

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