# Reads - What Gives Money Its Value? (And What Actually Backs Bitcoin)

Page: https://stenobird.com/podcast/bitcoin-well-podcast-7678220/reads-what-gives-money-its-value-and-what-actually-backs-bitcoin
Text version: https://stenobird.com/podcast/bitcoin-well-podcast-7678220/reads-what-gives-money-its-value-and-what-actually-backs-bitcoin.md
Podcast: [Bitcoin Well Podcast](https://stenobird.com/podcast/bitcoin-well-podcast-7678220)
Published: 2026-06-06T13:00:28+00:00
Episode link: https://feeds.fountain.fm/K4fNsugsQSuLZj6Ag7Oj/items/F0KmCbbMMggIzNF8SOpE/files/VIDEO---DEFAULT---ebff05bf-e47f-48a9-a116-d43ed089c071.mp4/ORIGINAL.mp3
Audio file: https://feeds.fountain.fm/K4fNsugsQSuLZj6Ag7Oj/items/F0KmCbbMMggIzNF8SOpE/files/VIDEO---DEFAULT---ebff05bf-e47f-48a9-a116-d43ed089c071.mp4/ORIGINAL.mp3
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JSON: https://stenobird.com/v1/public/podcasts/bitcoin-well-podcast-7678220/episodes/reads-what-gives-money-its-value-and-what-actually-backs-bitcoin
Duration seconds: 700

## Resource

Bitcoin just dropped $18,000 in 10 days. Strategy sold for the first time since 2022. The headlines are screaming capitulation. Zach reads two pieces back to back: Adam O'Brien's "What Gives Money Its Value" — a clear-eyed dismantling of the "Bitcoin isn't backed by anything" crowd (spoiler: neither is the dollar, and it's not gold either) — followed by a primer on dollar cost averaging, because weeks like this one are exactly why DCA exists. This one's for Uncle Mark. DCA #WhatBacksBitcoin #BitcoinVsFiat #BitcoinWell #BitcoinReads RESOURCES & LINKS: 🚀 Buy Bitcoin/Freedom: https://bitcoinwell.com 📧 Join the Mission (Newsletter): https://bitcoinwell.com/newsletter 📊 Take the Bitcoin Survey: https://bitcoinwell.com/survey 📈 Investor Relations: https://bitcoinwell.com/investors CONNECT WITH US: 🕊️ X (Twitter): https://twitter.com/thebitcoinwell 📸 Instagram: https://instagram.com/thebitcoinwell ⚡ Nostr: npub19mf4jm44umnup4he4cdqrjk3us966qhdnc3zrlpjx93y4x95e3uq9qkfu2 ( https://bitcoinwell.com/nostr )

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