158. Paxful with Ray Youssef
The Bitcoin Standard Podcast
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The Difference Between Blood and Money
You could run the entire world economy on this monthly supply of one US dollar or one quarter early in US dollars. The quantity itself is irrelevant because money is not a good that satisfies us as a consumer good itself. Its only role is to be exchanged for other things and so therefore, its quantity does not matter. What matters is its purchasing power. That's what makes it different from blood. You need a certain amount of blood, but you don't need acertain amount of money to run the economy. It's not an issue of making more money. It's about just stopping messing with people's lives.
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