People say Bitcoin is "fake" because it isn't backed by anything. But is the US Dollar backed by anything? Is Gold? The answer will surprise you. 🤔

In this video, Adam O'Brien (CEO of Bitcoin Well) dismantles the biggest myth in finance: that money needs to be "backed" by something physical to have value. We explore why money isn't about "backing"—it's about Attributes. We break down the 5 traits that make money useful: Scarcity, Divisibility, Transferability, Authenticity, and Durability. See why Bitcoin scores higher on every single metric than Gold or the US Dollar, and why it's the first "Supreme Asset" in human history.

Timestamps: 0:00 - The "Backed by Nothing" Myth 🚫
1:15 - Money solves the "Coincidence of Wants" (The Barber Example) 💈 2:30 - Attribute 1: Scarcity (Known vs. Unknown Supply) 📉
4:00 - Attribute 2: Divisibility (Infinite Slices) 🍕
5:15 - Attribute 3: Transferability (Sending Value Globally) 🌍
6:45 - Attribute 4: Authenticity (Verifying Fake Money) 🔍
8:10 - Attribute 5: Durability (The 100-Year Test) ⏳
9:30 - Proof of Work: The Real "Backing" of Bitcoin ⚡

Resources:

Start Stacking at Bitcoin Well: https://bitcoinwell.com

Learn More about Bitcoin: https://bitcoinwell.com/learn

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