3min chapter

The "What is Money?" Show cover image

WiM050 - The Saylor Series | Episode 12 | Why Bitcoin Succeeds

The "What is Money?" Show

CHAPTER

The Hypothecation of Bit Coin

With low transaction cost, the ability to withdraw at 24 by seven, a, any would be hypothecator is very likely to be punished by the market place. So what an attacker or transgressor would do instead is they'd been devised to negotiate with you. A, and that plays into a bigger theme we talk about in a bit. Ah, so the next point we want e to as the hypothecation of bit coin. And you you cal compare this something like the gold market, where gold, again, suffers in the portability department. R it's very difficult to go and claim physical golds, expensive to move and settle,. et cetera, et c

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