Interest Rates and the Nature of Profit | The Twilight of Gold Series | Episode 12 (WiM186)
The "What is Money?" Show
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Bitcoin, Proof of Work, Is Its Anchor
Bidcoin is a self referential financial system. Coin has an anchor into thermo dynamics or energy, that makes it non-self referential. I've thought so many times of the last few months, how lik my should i jusby gold again? Should i? I would that be the politically expedient thing to do? Because, i mean, the knock on gold for me is that it's, it must be centralized.
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