5min chapter

The "What is Money?" Show cover image

WiM012 - The Booth Series | Episode 2 | Innovation is Unstoppable

The "What is Money?" Show

CHAPTER

Is Bitcoin the First Money Supply That Cannot Be Dilution?

Ike: I think the demand for money always outstrips its supply. But if you abuse the supply too much, ifwe, if we inflate the currency too high, the people just shift to another thing as money. Money's a concept never breaks so long as we're trading. We just swich from zimboba dollars to us. It's an agreed upon concept for our time. And in that so, money itself has no value link it really,. Like to day, it's a piece of paperam, the only value is when it's moved into something you want or. That's what all money is - nothing else. Ore the distobian future is

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