Understanding Money – Bitcoin Breakout – Epi-1
About this episode
In the first official episode of The Bitcoin Breakout we discuss…. What is money How does money obey the laws of energy How all money is nothing but an agreement and a ledger No Entry Accounting – cash, gold, etc. Single Entry Accounting – link Double Entry Accounting – link Triple Entry Accounting – link How all Money is useless unless it has something to “account for” How that applies to cryptocurrency but in some ways it has the highest “intrinsic value” of all Monetary Creation, Manipulation and Movement How is US money created Why does our current crazy monetary … Continue reading →
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