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BITCOIN: IS IT TRULY MONEY?

Interview (in French) with Michel KHAZZAKA, Founder of Valuechain on Cryptoast by Lilian Aliaga

2023-09-28



00:00 : Introduction

01:03 : Presentation

06:09 : Is Bitcoin worth zéro ? (refuting Nassim Taleb's arguments)

13:33 : What is Money ?

19:27 : Why Gold became money ?

26:35 : does Bitcoin meet money attributs ?

36:25 : Work and Bitcoin value ?

41:28 : is Gold truly rare ?

44:00 : The key for Bitcoin adoption as money

47:30 : Free Discussion & Conclusion


Can Bitcoin Truly Be a Currency?

Hasn't Nassim Taleb Demonstrated that Bitcoin is Worthless?


This is the eternal question we aim to answer in this podcast, with the insightful perspective of Michel Khazzaka. To address it, we will trace the history of money over millennia:

  • What is the initial definition of money?

  • What turned wheat, bronze, or gold into a medium of exchange?

  • How has money evolved over time?

  • Does Bitcoin possess these characteristics?

🎙️ Thanks to Lilian Aliaga (Cryptoast) for interviewing me about #Bitcoin.


♾️ I have refuted the arguments in Nassim Nicholas Taleb's paper, "Bitcoin, Currencies, and Fragility," which predicts that #Bitcoin is worth zero, and explained why he was mistaken in his research regarding maintenance costs and value.


🏆 I have also compared #Gold to #Bitcoin and analyzed the very essence of what constitutes a currency through the hierarchy of its attributes: attractiveness, acceptability, circulation, reserve, and unit of account.


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By : Lilian Aliaga / Simon Chauvet Twitter : / lilianaliaga_

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