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The Future of Bitcoin with Willy Woo (WiM379)
The "What is Money?" Show
Insights on the nature of money and its accounting
Money is a balance sheet of who owes whom, and this accounting needs to be agreed upon through social consensus, matter, or energy. This implies that money is fundamentally a social agreement or a representation of physical or energetic value. This perspective prompts a philosophical inquiry into the nature of money and its underlying principles.
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