Fix the Money, Fix the World with Lawrence Lepard (WiM469)
The "What is Money?" Show
Bitcoin's Unique Properties and Financial Impact
This chapter delves into the distinct characteristics of Bitcoin as a commodity and its fixed supply of 21 million, contrasting it with traditional commodities like gold and oil. The conversation explores Bitcoin's role as a financial asset and how it operates differently within the monetary system. It also discusses the adverse effects of government printing money and the implications of wealth inequality and inflation on individuals.
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