Bitcoin: The Future Of Money?

With the tremendous uncertainty around today, escalated by the global pandemic, and the resulting economic restrictions that wreaked havoc with economies around the world (resulting in millions losing their jobs and by extension, their means to make ends meet), many people have lost absolute faith in traditional ways of doing things.

Many people have been forced, out of necessity, to find alternative ways to earn a living and even reconsider their understanding of how best to go about their daily lives.

One way in which people have shunned the traditional way of interacting, is by turning to cryptocurrency as a way of storing wealth, and in some cases, even transacting with it.

In the video below, Dr Jordan Peterson has an in depth discussion centered around bitcoin, with four experts in the field.

Joining Dr Peterson in the stream is John Vallis. John is the host of the ‘Bitcoin Rapid Fire’ podcast where among other world-altering technology, his discussions delve deep into the intricacies of cryptocurrency, focussing on bitcoin.

Richard James, the creator of the film ‘Hard Money’, which examines the inherent corruption of what money has become.

Gigi Der, the author of ’21 Lessons: What I’ve Learned from Falling Down the Bitcoin Rabbit Hole’. Gigi is also a software engineer who writes code for bitcoin.

The final participant in the discussion is Robert Breedlove. Robert is a former hedge fund manager and host of the ‘What is Money?’ show.

In the discussion, a wide variety of topics are discussed, including the role of fiat currencies and its failures as a true store of value and how this type of currency is used and manipulated by those entrusted to look after it, what bitcoin is exactly, the blockchain, the American economic crisis of 2008, Elon Musk’s recent evaluation of Bitcoin’s longevity and various philosophical opinions on the utility of money.

If you have ever had an interest in bitcoin and the technology behind it, and are fed up with the current system imposed on you, then this discussion will be of extreme interest to you.

Please note that the opinions expressed in this video are in no way intended to provide specific advice and are purely for informational and educational purposes.

Watch the full video here:

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