
SLP332 Vijay Boyapati - The Bearish Case for Bitcoin
Stephan Livera Podcast
00:00
The Circular Economy and Bitcoins
I think a lot more people start to understand this idea now that a pitcoin is not directly going to be the money for a lot of people. And so i think we've seen a real shift in the space. I have always thought the store of value function of money is critically important. We do need a medium of exchange toas o, satisfy the double coincidence of want's problem. As the number of people who own gold goes from one person to a kowtow, what youh expect is a monetary power that must go up. That's basically the austrian story for money. But if the good monotelized and becoming more marketable is largely being driven by
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