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Bitcoin
Acquired
What Is the Purpose of Money?
The value of fiat currency, gold or bit coin, is relying on collective beliefs. Other factors, like a government's power, the industrial utility of gold, can help reinforce this belief. The only thing that gives it value is the collective belief that other people will continue to value it in the future. And i think there's really interesting as we think about money or currency here. It's not like a stock. We're sure you could say, like otessla is a bubble, ecause it's relative to its current positive cash flows,. Or any reasonable future positive cash flows that it could have. Well, this is, you know, whre yo're geting to exceed
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