Two illustrious economists, and two or my favorite people, feature in my latest video as correspondents on NBTV.
I'm honored to have Jeffrey Tucker and Gene Epstein share their Austrian Economics wisdom in this brilliant discussion about bitcoin and value.
If you'd like to see more of Jeffrey and Gene, let me know! I think that I might start a live video segment every week with them, as their knowledge is beyond impressive, and their banter always a delight to listen to :)
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Yes, I'd like see more. That was enjoyable. "Money is a not a store of value, it's a medium of exchange." -- don't tell the BTC hodlers, you'll break their little hearts. They should talk more about that on the next episode.
Good stuff Naomi! Thanks Jeffrey and Gene, I really enjoyed this conversation. I wish there was more of this sort of discourse in the world today. Truly impressed with the charm and good humor with which you can disagree with each other!
Gold is a captured and oppressed market. Bitcoiners need to rescue it, eventually capture it themselves, make it into some kind of backup plan for crypto. Not sure how that can be done but these guys are just the folks to mull it over. Why shouldn't a currency have a symbiotic plan b built in? You know, so money can be some sort of a store of value after all.
Question: Was the original SDR/XDR a store of value?
I am not for bitcoin , but I want freedom for any person that want's to use it . I also get that it's good to send $$ out of the country & I also like to gamble . What I see as bitcoin Mania , is when they talk of bitcoin as the answer to EVERY PROBLEM / EVERY USE , that kind of talk is off the deep end . Like many things it will likely be replaced by a better way , the energy use is ONE of it's big problems . Better have a chair when the music stops !!!
Love this 😍!! Yes Bitcoin does care what we think of it !!!! awesome how the first bitcoin transactions had nothing to do with money but the value was in the transfer and solving the Byzantine general problem Bitcoin is writing a new chapter in monetary history! 🙏
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