George Mekhail

What is money?

You expend your energy, your labor, in order to earn this thing that represents, hey, I worked, right?

That we all sort of agree, yep, okay, that's the same thing that I did over here.

to work and you exchange that for goods and services that's really that's not really all it is um historically you've been able to put that money away and save it so that you know over time it actually appreciates that's that's actually how people deal lived savings used to be a value um you know even even 30 years ago it was like you should save some money people don't save money anymore because they intuit that it's losing so much value and it hasn't always been that way so um

That's why we can't afford houses.

That's why we can't save money for a down payment.

I mean, the idea of a down payment is even relatively new.

It used to be you just worked for a year and you could afford a house all cash.

Right?

That's right.

And I think when we talk about Bitcoin, we talk about crypto, it's, you know, I think we've lost the culture, we're losing the culture war in a lot of ways, right?

You know, Bitcoiners like to try to make the, go out of their way to make the distinction between Bitcoin and every other crypto because there are a lot of differences and those distinctions should be made.

But in the meantime, we've kind of lost the culture war.

We're still considered crypto bros or whatever.

It's all about speculative this and that, NFTs.

And then what gets lost is what's actually going on kind of beneath the surface.

To say nothing of the digital gold rush, where institutions have already become wise to this and they're rapidly accumulating as much as they can.

But more so the things like what's happening in Iran is like, that's what Bitcoin was designed for is to be censorship resistant and to be this thing that could actually, if you look at even just Iran, it could actually be the thing that stops the war or at least slows it down, right?

Because they have brand new leverage that they've never had before.

And so again, regardless of what you think politically,