3min chapter

The "What is Money?" Show cover image

Bitcoin is Digital Real Estate with Leon Wankum (WiM291)

The "What is Money?" Show

CHAPTER

The Ethics of Giving Charity

Leon Vanko: By holding Bitcoin, I'm doing something charitable because I'm decreasing the supply. And that means that everybody else that holds Bitcoin has an increased purchasing power. So Bitcoin in itself is a charitable system. You're increasing by buying and holding Bitcoin, you're increasing the purchasing power of other holders. But also diminishing the purchasing power in the fiat system which is obviously being used to wage war and oppress.

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