Defining Convergence, Consensus, and Money - E253
This is an educational episode, where I read through several definitions from the Bitcoin Dictionary: convergence, consensus, creditable commitment, money and economic medium.
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This episode is dedicated to education. I select a few terms from the Bitcoin Dictionary and go through them. You can find the Bitcoin Dictionary on Amazon, or by going to bitcoindictionary.cc.
The terms I selected are very important to understanding bitcoin, economics, and money. They are convergence, consensus, credit commitment, money and economic medium.
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**DISCLAIMER: This is not investment advice, do your own research.**
