The 7th Property: Bitcoin!

The 7th Property: Bitcoin! Bitcoin Book Club hosted by Q with author Eric Yates as today's guest.
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Bitcoin 2022 will be the biggest Bitcoin conference ever!
Miami, FL from April 6–9, 2022.
Get 21% off tickets with promo code: YTMAG

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0:00:00 - The history of banking
0:10:08 - How will the Bitcoin system supplant the fiat system?
0:21:44 - Rising interest rates in the 1920s and The Triffin Dilemma
0:30:47 - Fractional reserve banking and bank bailouts
0:34:13 - The role of greed in the fiat banking system

#bitcoin #7thproperty #bitcoinmagazine #btc

[BitcoinMagazine]

Bitcoin 2022 will be the biggest Bitcoin conference ever!
Miami, FL from April 6–9, 2022.
Get 21% off tickets with promo code: YTMAG

[channelbitcoinM]

Happy I can support Eric Yates. Brilliant guy.

[gaeldesmontagnesnoires]

Awesome ... thx a new book to read!!! woohoo

[dedsummer]

the origins of banking is nothing more than a study of incentives; fascinating.

[twinsoultarot]

We need to stop borrowing money. Tear up credit cards. Refuse to get another loan.
We could bring it down crash it! We could do this by everyone NOT filing for taxes.

[JimmieJohn]

them conference ticket prices are way too high, you need to cut it!

[paulhofmann]

There is one issue with countries being financially removed from USD adopting BTC. BTC is not private like gold or even USD cash. The price the cypherpunk community paid for BTC being accepted into the US financial system is the loss of privacy. Ie at least all US crypto exchanges can be forbidden by the gov to transact with Iranian BTC accounts. That is a strong argument to keep BTC as backup for an Iranian currency only, ie no BTC economy but fiat economy again. Not Tonfall about the difficulties (legal, technical, etc) that come with building fractional lending on top of BTC. I’m sorry your transition scenario is not realistic. If it will be more not powerful countries that might adopt BTC. For the US, China, Russia, Iran etc the incentives are not there.

[scheizerovillet]

Mrs jane is legit and her method works like magic I keep on earning every single week with her new strategy?

[aminalawal]

, I'm new to cryptocurrency and I don't understand how it really works. Can someone guide me on the right approach to investing and making good profit from cryptocurrency investment?

[Andrew-dbwp]

Nice video and great work, I'm new to cryptocurrency and I don't understand how it really works. Can someone guide me on the right approach to investing and making good profit from cryptocurrency investment?

[ds]

Should at least spell his name correctly....

[jaronkenzo]

Thanks for the continuous great yt videos. The fact is, NFTs, BTC is the future of crypto and the question most people ask themselves is - if this is right time to invest? I feel those who would allow the market dynamism to determine when to trade or not are either new in this space in general or probably just naive, the sphere have seen far worse times than this, enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions, I’d say that more emphasis should be put into trading, since it is way profitable than holding. Trading went smooth for me as I was able to raise over 9 BTC when I started at 2.5 BTC in just 5 weeks of implementing trades with signals and insights from Lawrence kong I would advise you all to trade your asset rather than hold for a future you aren’t sure about...

[esthershepherd]

Nobody can predict crypto, dismiss all such forecasts and concentrate on what's actually happening to the cryptos in which you've invested. My advice to new investors: More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market. Trading went smooth for me as I was able to raise over 15 BTC when I started at 2 BTC in just 5 weeks of implementing trades with signals and insights from Max Witt, this is one of the best medium to backup your assets incase it goes bearish. You can reach Max on ͲeIєɠɾαm👉WITTOFFICIAL