The "What is Money?" Show

The Game Theory of Bitcoin Adoption with George Gammon (WiM280)

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Mar 2, 2023
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INSIGHT

Wallet Voting Outweighs Ballot Voting

  • Voting with your wallet (actions/foot voting) often constrains government more effectively than ballots.
  • Capital mobility via sound money like Bitcoin increases leverage against big government.
ADVICE

Prepare Early: Build Portable Wealth

  • Prepare now by creating portable, seizure‑resistant holdings and contingency plans.
  • Start custodying Bitcoin properly and establish exit optionality before restrictions tighten.
ANECDOTE

Turkish Daily Dollar/Gold Habit

  • In Turkey many people split money's functions: lira for daily use, dollars/euros/gold for savings.
  • They convert leftover lira weekly into harder assets to preserve purchasing power.
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