Why QE Is NOT Money Printing | Emil Kalinowski & Jeff Snider
Inflection Point
00:00
Bit Coin
A fixed money system doesn't really work all thatwell because human ynow money tends to be hoarded, and it tends to be pooled and hoarded at the worst possible moments. And as long as bitcoin behaves like that, i don't see it is essentially a realistic alternative to the current system which badly needs to be redrawn. A fully fiat system with nothing of anchoring value doesn't work fully sound time. You probably need some kind of mix of both bit coin and iginal coin. I think my framework for working through the rest of crypto currency right now is that if you do one way or the other, maybe the answer is that it's not fullySoundMoney.
Play episode from 51:55
Transcript
