5min chapter

The "What is Money?" Show cover image

The Art of Bitcoin with Max Keiser (WiM264)

The "What is Money?" Show

CHAPTER

Is Price Discovery the Most Important Function of Markets?

I love this notion of price discovery being the most it is the most important function of markets really, right? We're trying to figure out how do we put these resources to their highest and best use. You have to basically index that against what people want and what is available. And that is where you get the price, right? That's how we figure that out. I think in El Salvador is an interesting example of making Bitcoin legal tender and adopting Bitcoin and being orange pill.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode