In this talk Prof. Dr. Thorsten Polleit, Chief Economist at Degussa Goldhandel, talks about the aspects of money and what defines a good and a bad money. He criticizes so call FIAT money created by governments as an example of very bad money because of unlimited supply while gold and other forms of money with a limited supply lead to a healthy economy and are examples of good money. Script Download: https://fee.org/articles/good-money-bad-money-and-how-bitcoin-fits-in/ This presentation was performed during the Value of Bitcoin conference on June 3rd 2019 in Munich - https://vob-conference.com/ Follow the Value of Bitcoin Conference on Twitter - http://www.twitter.com/ValueOfBitcoin This Video is brought to you by Vaultoro, Crypto Commodity Exchange - https://www.vaultoro.com/ Thank you to our conference sponsors! BayernLB - https://www.bayernlb.com Fidelity Digital Assets - https://fidelitydigitalassets.com MaibornWolff - https://Maibornwolff.de |
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