The Centbee Show 17 - Is Bitcoin Money?

6 months ago

The Centbee Show: Is Bitcoin Money? A Dive into the History and Evolution of Currencies

In this episode of the Centbee show, hosts Lorien Gamaroff and Kage Ntshingila start off explaining in which countries Centbee is available.

They explore the origins and evolution of money. They delve into concepts such as bartering and trading, the emergence of paper money, the transition to digital currencies, and eventually the rise of cryptocurrencies.

The hosts critically analyse the value proposition of Bitcoin and specifically Bitcoin SV (BSV), considering the attributes that make something valuable as money. They highlight the importance of having intrinsic value, something they argue is lacking in most cryptocurrencies but is inherent in Bitcoin SV.

Towards the end, the hosts address some user questions and feedback.

Find Centbee: https://centbee.com

Read Lorien Gamaroff's Substack for in-depth information on all topics relating to Blockchain:
https://gamaroff.substack.com

The BSV Association: https://www.bsvblockchain.org

00:20 Introduction and Welcome
00:33 Growing Popularity of the Show
02:03 CentBee: A Global Wallet
02:39 Restrictions and Regulations
05:11 CentBee Services and Availability
07:23 CentBee's Future Plans
08:17 Is Bitcoin Money?
09:01 Evolution of Money
13:40 Properties of Money
21:02 Transition from Gold to Paper Money
25:02 The Shift from Gold Standard to Fiat Currency
25:23 The Emergence of Digital Currencies
25:58 The Intrinsic Value of Currencies
26:51 Introduction to Cryptocurrencies
27:07 The Superiority of Cryptocurrencies
28:46 The Commodity Value of Cryptocurrencies
31:21 The Intrinsic Value of Bitcoin SV
32:05 The Comparison between BTC and Gold
36:01 The Utility of Bitcoin SV
38:34 The Future of Bitcoin SV
43:42 User Questions and Feedback ​

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