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What politicians do. >> their empire kept expanding and they were bringing in more people they could loot and bring back to rome, and they hit the maximum extent of their empire and there was no one left to steal from, and then they started resorting to other ways to raise money, which was debasing their currency and taking silver of our of their coins, and the big government destroyed rome. it wasn't the barbarians. they came as the government was collapsing under its own weight. >> nero issued coins that were 95% silver. the next emperor, this was 85% silver, and all the way down to -- >> yo...

Ago. it was one in a long succession of attempt ed digical currencie. >> it's an internet currency that is limited and ought to protect you against the valuing dollars. >> it's currency and a payment system. very innovative. by comparison to the dollar, bit coin makes the dollar look like a dawn cere. there's been no improvement inure money in a long time. it's the currency for the digital age. it's more like physical property. the best thing is the government is not involved with it at all. it's a beautiful thing. the most implausible sort of currency. you know, if you had to ask me ten years...

-- succession -- >> it is an internet currency>> it is very innovative by comparison to the dollar. they make the dollar look like a dinosaur like no improvement of our money in a very long time. it is currency for the physical age. the government is not involved in this at all. if you buy the market itself it is a beautiful thing. >> 10 years ago will the market create a new digital currency that allows me to exchange somewhere anywhere in the world even if you don't have a credit card you can still exchange money. will that happen? is no it won't happen. it did happen and it is brilliant. >>...

Succession of digital -- >> bitcoins for those of you who don't know, internet form ofq currency that been limited in order to protect you against devaluing dollar. >> very innovative. by comparison to the dollar, bitcoin makes the dollar look like a dinosaur. like there has been no improvement in our money in a very long time. it's for the digital age. more like physical property. best thing is the government is not involved with it at all. it was created by the market itself. it's a beautiful thing. the most and plausible sort of currency, if you had said ten years ago would the market creat...

Of attempted digital currencies. >> for those of you who don't know, internet form of currency, that is limited and ought to protect you against devaluing dollars. >> that's a good way to summarize it.rs it's both a currency -- by comparison to dollar, big claim makes the dollar look like a dinosaur. like there's been no improvement in our money. big coin is a currency for the digital age.e it's more like physical property. the best thing is the government is not involved with it at all. it was created by the market it sechlt it's a beautiful thing. the most i am plausible sort of currency. if...