#0005 - Bitcoin First with Nyc

Here at The Nyc & Griff Show we like to talk about money, economics, business, investments...Bitcoin. Hoping to answer some questions and learn along the way. Bitcoin - An economy by the people, for the people. Store of value, medium of exchange, unit of account, and property...what isn't it? On this episode of The Nyc & Griff Show, Nyc breaks down the first half of the Bitcoin First research paper written by Fidelity Digital Assets. Topics include: - Monetary goods - A good that’s valued for its tradability for other goods, not its consumption or use. - bitcoin the asset vs. Bitcoin the network - A comparison between gold, bitcoin, and fiat currency - The “Virtuous Cycle” or reflexivity of Bitcoin - The Blockchain Trilemma If you want to talk and share ideas hit us on Twitter: Twitter: @NycAndGriffShow YouTube: The Nyc & Griff Show Content from The Nyc & Griff Show is not intended to be financial advice, but merely education.