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The Beauty of The Gold Standard | The Twilight of Gold Series | Episode 5 (WiM150)
The "What is Money?" Show
Bit Coin Is the Automaticity of Money, Right?
Walt: Bit coin forces you to be informed by the pain. You can't just abdicate responsibility or elect someone who wants to abvocate on your behalf, in a way. Amye: Now that we have bit coin, do we need all these other institutions to the same degree that we did before? Walt: I mean, i'm looking at this note on my desk. It's a raspberry pie. And it's super small. The bicoin network could function with not too many of these,. But everyone can run one.
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