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CD102: Bitcoin is the Best Money with Adam Back and Jack Mallers

Citadel Dispatch

CHAPTER

The Importance of Money

I think the concept of money is just so widely misunderstood, it's actually really fucking simple. And I don't know how you could not like Bitcoin. It was engineered to literally be the best at what money was created to do. No one else would go behind my back and drink it. So everybody's just looking at Fed rates and pivots and buying a lot of stocks that are getting deflated because they're trying to avoid losing their spending power. But in practice, what people do is they try to hold on to as much cash as possible - even if you do your best to save it.

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