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The War on Cash with Brett Scott

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Bitcoin Is a Digital Collectible That's Priced in Money

Bitcoin is a digital collectible that's priced in money, but it has monetary branding. The becoin community gets very angry with me when i point out this obvious reality of the bitcoin system. It actually entirely is dependent upon getting a dollar price in order to induce the money like live it has. So you can have this like o it'sk almost like a parasitic system. But this is actually quite interesting because does actually form a new way of exchange instead of look like money. Even if it doesn't compete with a dollar, it's definitely using its dollar price to do stuff. And this could cause quite a lot of luck for people who are trying to get around austerity based mind set

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