5min chapter

The "What is Money?" Show cover image

Bitcoin 101 with Linda Hill (WiM114)

The "What is Money?" Show

CHAPTER

Bitcoin Is the First Man Made Contrivance Man Can No Longer Control

Bitcoin has proven that it's safe from other humans. Everything else is controlled by humans. We can't go out and change the rules of bit coin. I mean, you can, but you're it's against the individual self interest of all market actors. To try to break that social cohesion, you'd have to get people to go against their own self interest. So this is what in game theory they call a shelling pointsa,. bitcoin has just perfected the properties of money to the advantage of individual holders.

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