What is Bitcoin? | A Bitcoin for Beginners Guide by Saifedean Ammous
Saifedean Ammous Saifedean Ammous
41.3K subscribers
12,610 views
0

 Published On Nov 8, 2021

In this video, Saifedean Ammous explains why Bitcoin is the best money humanity has ever created. Saifedean makes the case for money as a market phenomenon, and argues that bitcoin has the scarcity, divisibility, fungibility and transportability that humans have historically valued in monies.

0:00 The History of money
1:20 Gold evolves as money
2:40 Stock to flow of other commodities
5:30 The hardest money wins
6:35 Giving up the Gold Standard by introducing Fiat Money
7:50 Time Preference
8:19 Bitcoin is the best money

Watch the full episode here:    • 88. Is bitcoin good money? A debate w...  

Enjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses and read chapters of his forthcoming books by becoming a Saifedean.com member. Find out more here:
https://saifedean.com/membership/

show more

Share/Embed