Bitcoin 101 with Linda Hill (WiM114)
The "What is Money?" Show
00:00
Cryptocurrency Is Not a Scheme
Every money exhibits a network effect. When i'm anticipating adoption in the future by other market actors, and i'm buying bit coin to day, there's a network effect valuation dynamic that i'm anticipating future adoption so i'm going to benefit disproportionately. Same hat was true as go when gold was monotizing. If i could go back in time likea i think i figured out money irs i read austrian, i canot which wanted. But if somehow you figured it out that gold was going to monotize, and youcould accumulate much of gold before it did, you'd be super rich when it did monotized. It would be worth itad increasein purchasing
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