Скачать или смотреть Bitcoin vs Fiat | Which One Is Actually Backed by Something? (The Biggest Lie)

Bitcoin vs Fiat | Which One Is Actually Backed by Something? (The Biggest Lie)
Bitcoin is backed by nothing. This is the number one argument against crypto. But is the US Dollar any better?

In Episode 4 of Crypto Myths Busted, we tackle the concept of "Intrinsic Value."
We explore why value is subjective, how the US Dollar lost its backing in 1971, and why Bitcoin is actually backed by the most fundamental resources in the universe: Energy and Math.
Discover why "Proof of Work" creates digital scarcity and why the network effect makes Bitcoin more valuable every day.
Many argue that Bitcoin is worthless, lacking intrinsic value like gold or real estate. This video challenges that perspective by questioning what truly backs our money, especially fiat money like the US dollar. We explore how money works and aim to provide financial education, prompting viewers to reconsider the true meaning of value in the modern economy. Subscribe to Beyond CRYPTO for deep analysis. We explore The History of Power. The Future of Money.
[Chapters]
0:00 The "Rat Poison" Narrative
1:30 What is Intrinsic Value? (Water vs Diamonds)
3:15 Proof of Work: Backed by Energy
5:00 The Fiat Paradox: Printing for Free
6:45 The Network Effect (Why Utility Matters)
8:00 Conclusion: Math vs. Politicians
#Bitcoin #IntrinsicValue #CryptoMyths #FiatMoney #Gold #Economics #ProofOfWork


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We uncover the shift from commodity money to fiat money, the role of central banks, and the pivotal moment in 1971 that changed the global financial system forever. Learn why Bitcoin is a historical necessity and how it solves the fundamental problem of trust by relying on mathematics and code.

Subscribe to Beyond CRYPTO for deep analysis. We explore The History of Power. The Future of Money.