The hardest money ever invented - By Saifedean Ammous

in #bitcoin • 6 years ago


Watch this beautiful economical explanation by Saifedean Ammous why Bitcoin is the hardest money ever invented. Don't worry about the french, from 6:00 it will be in English.
Key items

  • The single most important factor: the difficulty adjustment
  • Time preference
  • Correlation between unemployment rates and the gold standard

Have a look and make sure to watch the questions that start at 30:00, because they add a lot of value.

Pls upvote if you like it

#economy #money #saifedean #ammous
6 years ago in #bitcoin by
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