3min chapter

Decoder with Nilay Patel cover image

Is there a future for Bitcoin? An investor and a skeptic make their case

Decoder with Nilay Patel

CHAPTER

The U.S Dollar Is a Currency

The u s dollar is the best alternative. It's a decentralized, non sovereign currency. A current bit coin isn't a currency. I'm not going to do better it a financial system regulation than you are. Dozen people say other currency don't have fundamental value. Well, if you look at money in the united states, broadly defined, the most broad measures, m four m fours,. computed and calculated reliably at the center for financial stability. That has fourteen components in it. Currency is only one, very small component at the one end of that spectrum. At the other end the 14, you've got treasury bills. So in that sense, the u s Dollar has a

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