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WiM004 - The Saylor Series | Episode 4 | Bitcoin: The First Digital Monetary Energy Network

The "What is Money?" Show

CHAPTER

How Long Does It Take to Move $100 Million of Gold?

If I wanted to move $100 million of gold, as we talked about, it's going to cost me $250,000. But how long is going to take you a week, a month? Somewhere between, you want to move 3,000 pounds of gold from New York, I've got a month. And when you think about that, you realize that Bitcoin would move it in 30 minutes instead of 30 days. That's 50,000 times cheaper. So now we've got to a new engineering or new scientific metaphor, which is superconducting networks.

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