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Michael Saylor Interview: The Future of Bitcoin

Bitcoin Magazine Podcast

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What Is Money?

Many people don't really know what money is, or they just define it sloppily in the context. So here's what i think are the useful definitions, then we can have a discussion. I think money is economic energy. A hundred thousand dollars buys you amount in the us. And if you go to japan, well, it doesn't buy you anything, because they don't accept dollars for restaurants. In afghanistan after the govern ment fell, all the banks failed, right? Clearly, it's noht. There's no effective government to designate a local afghan fiat currency. That's anarchy in that particular case. Ye, you could use gold,. You could

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