2min chapter

The "What is Money?" Show cover image

How the IMF and World Bank Repress the Poor with Alex Gladstein (WiM263)

The "What is Money?" Show

CHAPTER

Bitcoin's Not a Belief System

In the 80s, if you were a poor community in Mexico or Brazil, well, it was your escape. You were forced to rise and fall with the fiat that you had. Today those same countries can access 24-hour global financial market through Bitcoin. Seven of the top eight internet users aged 16 to 64 who own Bitcoin or some former cryptocurrency are chronic IMF borrowers.

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