Bitcoin can be viewed as a portion of the total capital in the world - it's an accountability system. That's what money is (or should be!) at its core
Clip • THE Bitcoin Podcast • Bitcoin, Value Investing & The Automation of Money - Bill Miller IV (THE Bitcoin Podcast)
Bitcoin can be viewed as a portion of the total capital in the world - it's an accountability system. That's what money is (or should be!) at its core
"When you look at the historical track record of fiat currencies, if you run out the clock long enough, they all go to zero. And that may be what's happening here. Bitcoin is demonetizing arbitrary process. And that's its promise to me."
On this Bitcoin Talk episode of THE Bitcoin Podcast, Walker talks with Bill Miller IV, Chief Investment Officer of Miller Value Partners. The conversation explores the nature of Bitcoin as a superior accountability system compared to fiat currencies, value investing and Bitcoin, the importance of property rights, and stability in economic systems.
Follow Bill on X: https://x.com/billfour
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