Monday Sep 23, 2024
The Genesis Series: Neutral Money & Denationalization of Money | Episode 2 of 10
In this deep dive, we're joined by Aaron van Wirdum for the second episode of our podcast series to explore the evolution of money, from barter to gold, and now to Bitcoin. We unpack the concept of neutral money—what it means, its properties, and why it could reshape the future of economics.
Aaron and Matty break down how gold emerged as the best form of money due to its divisibility, durability, and scarcity, but also explains its flaws. Discover the role of trust, fractional reserve banking, and how fiat currencies came to dominate. We also delve into the Austrian economics' regression theorem and discuss how Bitcoin challenges these traditional monetary concepts.
Stay tuned as we discuss the denationalization of money and how a fixed-supply, global currency could disrupt everything we know about modern economies. Could Bitcoin really be the neutral money we’ve been waiting for?
Don't miss this eye-opening series on the history and future of money. Hit subscribe and the notification bell to catch all 10 episodes!
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Disclaimer:
The content provided in this video is for informational and educational purposes only and is not intended as financial or investment advice. The views expressed in this video are those of the hosts and guests and do not necessarily reflect the position of Consensus Protocol. Viewers are advised to conduct their own research and due diligence or consult a professional financial advisor before making any investment decisions.