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This is part 2 of the interview. Watch part 1 on banning Bitcoin: https://youtu.be/EcIrSUt9DgI
Is Bitcoin just essentially another form of fiat, with no intrinsic value? Does the endless creation of altcoins negate the scarcity proposition of Bitcoin, which is capped at only 21 million coins?
Saifedean Ammous, independent educator at Saifedean.com and author of “The Bitcoin Standard” discusses with David Lin, anchor for Kitco News, some of these common misconceptions.
0:00 – Altcoins and supply of cyptos
4:33 – Bitcoin vs fiat
8:39 – The Fiat Standard
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