ECON135: What Is Money?

The goal of this video is to explore Bitcoin as a monetary missile and draw analogies to Stone Age technologies. Saylor and Breedlove highlight Bitcoin's unique characteristics, including its constant availability and superior qualities as a form of money. You will delve into the consequences of human intervention in complex systems and the impact it has on their dynamics. Furthermore, you'll examine why Bitcoin may be the sole sound store of value for the 21st century, comparing it to alternatives and highlighting its superiority across various dimensions. You will learn the concept of via negativa and its relevance to Bitcoin and technology. Finally, you'll delve into the fanaticism of Bitcoin maximalists, its value creation within the asset class, and the intriguing discussion of Bitcoin as a religion.