Lessons I learned paying $9000 for a pizza with Bitcoin

Is Bitcoin really a threat to the US dollar system, or is it just a speculative play-thing?

Lessons I learned paying $9000 for a pizza with Bitcoin

Is Bitcoin really a threat to the US dollar system, or is it just a speculative play-thing? Or is something different entirely? In this video I take you on a free-form journey through the carnival of Bitcoin

  • 0:00: Paying for pizza with Bitcoin
  • 3:23: Cypherpunks and digital cash
  • 4:51: The Bitcoin White Paper
  • 6:33: What is a token?
  • 9:14: Bitcoin as numbers
  • 12:13: The liability side of money
  • 14:57: Three problems of Bitcoin
  • 17:04: Bitcoin as carnival
  • 19:05: Countertrading Bitcoin
  • 24:23: Circular arguments used by Bitcoiners
  • 26:28: How to make Bitcoin money
  • 29:14: What Bitcoin is good for
  • 30:34: Credit vs commodity theories of money
  • 32:15: Bitcoin as Trojan Horse?
  • 33:10: Bitcoin kayfabe and Trump
  • 34:11: Blockchain is useful