2min chapter

The "What is Money?" Show cover image

Bitcoin is Insurance on a Failing Financial System with Greg Foss (WiM169)

The "What is Money?" Show

CHAPTER

Bitcoin Is a Belief

bitcorn: charley has incentive blindness. He knows that bitcoin will disintermediate about 50 % to his portfolio. But yet, look, every investment is a belief. That's there's nothing so what you believe in something, is that make it bad? No. A price is open market determination of people's beliefs. 100 percent. And far be it from me to say i'm even half as good a investor as they have been,. but i have sat in the trenches. The reality is, when the information changes, you need to change your portfolio.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode