WiM059 - The Saylor Series | Episode 15 | Bitcoin’s Seven Layers of Security #2
The "What is Money?" Show
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Is It Ethical to Create Private Money as a Security Token?
Bickhoin: Central banks, in a way, are kind of a proof of stake that work. The more gold they have, or reserves, theyr staking, the more interest and inflation revenue they can generate effectively. He says centralization is not inherently a vice, as long as it's treated as a security. Bickhoin has created digital money, digital property on top of a decentralized proof of work network.
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