126. Staying Humble & Stacking Sats with Matt Odell
The Bitcoin Standard Podcast
00:00
How to Make a Return on a Bit Coin
Money itself is not a chicken that can lay eggs. Money is not a cow that can make more cows. It's not an ased that is that can get pregnant and produce more of itself. Gold or papers or bit coins have no mechanism for spontaneously increasing in quantity. So therefore, the only way that you can make more of whatever form of money, whether it's dollars or bit coin or gold, is that somebody's going to need to take those things exchange them for something that makes other things. But there's no way that you get any kind of return without spending the money. The idea that you can just protect against risk through financial engineering isx.
Transcript
Play full episode
