Bitcoin and the Moral Consequence of Money

Jimmy Song, Bitcoin developer, educator, and entrepreneur, joins Real Vision to discuss the economics of bitcoin and the role digital assets, specifically bitcoin, will play in the aftermath of the COVID-19 pandemic. He reveals his perspective on the interaction between bitcoin and monetary policy, the impact of Keynesian economics on digital assets, and the difference between centralized and decentralized assets. He touches on the debate between bitcoin and gold, as well as his ideas on Bitcoin maximalism. Finally, he explains his thoughts on how bitcoin and other assets can encourage entrepreneurship rather than rent-seeking. Filmed on August 21, 2020.

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