The Wealth Show With Equity Kings

The Great Bitcoin Debate

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  • THE PRICE OF BITCOIN TANKS 17% IN LESS THAN 3 HOURS. DOWN 15% FOR THE WEEK. 
  • TUMISHO BELIEVES THAT BITCOIN DOES NOT FUNCTION AS A MEDIUM OF EXCHANGE, OR A STORE OF VALUE. 
  • WEALTH IS DETERMINED BY THE QUANTITY OF GOODS AND SERVICES PRODUCED IN AN ECONOMY. 
  • SIYA ARGUES THAT BITCOIN IS THE FUTURE OF MONEY, AND IS STILL IN IT'S INFANT STAGES. 
  • BITCOIN IS THERE TO SOLVE A PROBLEM OF 'A LACK OF ELASTIC MONEY SUPPLY', NOT 'TOO MUCH MONEY'. 
  • CURRENCY AND MONEY IS NOT THE SAME THING. TUMISHO POINTS OUT THE DIFFERENCE BETWEEN THE TWO. 


    • READ TUMISHO'S FIRST PUBLISHED ARTICLE: https://www.africanliberty.org/2021/08/30/south-africa-is-inflation-here-to-stay/ 


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    The Wealth Show With Equity KingsBy Equity Kings