Money 101: Money and the Problem with the Bitcoin Narrative

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We have different forms of money springing up. Because of this, the old rules do not seem to apply. When we look at how things are structured, there are different aspects to the monetary system. In fact, we could say we are dealing with different monetary systems working at the same time.

In this video I discuss how this negates are great deal of the Bitcoin narrative, at least as framed by the maxis. Even the US dollar is no longer as straight forward as it once was.


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3 comments
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I think with the lightning network really developing further as time passes by for Bitcoin I feel there might be a time when countries start using BTC for transactions rather than US dollars perhaps.

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This is interesting. I have seen posts about digital currency coming out. It can all be confusing at times, but this helps.

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Bitcoin is central; Bitcoin is worldwide. It is not own by any country; no regulations. It could one day become the world central currency

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