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What Is Money? - By Luke Belmar
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In this video, we dive into the evolution of money and its inevitable digital transformation.
From the early days of coinage to today’s digital currencies, money has always been a tool of exchange,one that continues to evolve with technological advancements.
But with this evolution comes a critical question:
Who will control the future of money?
We discuss the competition between centralized digital currencies run by banks and decentralized systems like
Bitcoin that belong to the people.
Understanding basic financial literacy opens your eyes to the fact that the true power lies in decentralized money, not in the traditional banking system that profits from your deposits.
As we explore the future of money, we emphasize the importance of taking control of your finances and supporting systems that empower the individual rather than the institutions.
Bitcoin is a symbol of this movement, but we must remain vigilant as even it could be co-opted by large entities like BlackRock.
Timestamps:
00:00 Introduction to the Evolution of Money
00:20 From Coinage to Digital Currency
00:40 The Battle for Control of Digital Money
01:20 Why Decentralized Money Matters
01:45 The Future of Bitcoin and Potential Risks
02:10 Conclusion & Call to Action
What Is Money? - By Luke Belmar
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