2min chapter

After Hours cover image

Tesla and Bitcoin: Are You a Believer?

After Hours

CHAPTER

Is There a Medium Exchange?

Young me: As long as the hard cap exists, bitcoin will never work as a medium exchange. But having said that, if you wanted to create a speculative currency, what characteristics would it have to have? It would have to be secure, incripted, accessible, scarce,. You know, all the qualities that bitcoin has. And then you would have the really hard challenge of just getting the whole world to believe it value, to just believe and to bestow value upon it. That's why i think it's really important for us, before we close, to underscore the risks associated with getting into this assec.

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