Here at The Nyc & Griff Show we like to talk about money, economics, business, investments...Bitcoin. Hoping to answer some questions and learn along the way.
Bitcoin - An economy by the people, for the people. Store of value, medium of exchange, unit of account, and property...what isn't it?
On this episode of The Nyc & Griff Show, Nyc breaks down the first half of the Bitcoin First research paper written by Fidelity Digital Assets. Topics include:
- Monetary goods - A good that’s valued for its tradability for other goods, not its consumption or use.
- bitcoin the asset vs. Bitcoin the network
- A comparison between gold, bitcoin, and fiat currency - The “Virtuous Cycle” or reflexivity of Bitcoin
- The Blockchain Trilemma
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Content from The Nyc & Griff Show is not intended to be financial advice, but merely education.
