The 3 uses of currency | crypto

Real Time with Bill Maher 4/14/2003

A talk with Ben McKenzie about cryptocurrency. We made money up, it’s not real. It’s an elaborate system of IOU’s (I Owe You). Money is trust. “Crypto is not currency, they are securities”. It’s a Ponzi scheme.

Currency has three key features. See video 1 min 40 sec. View