Ep 1.0: But Like, What Is Money?
Talk Bitcoin to Me
English - February 03, 2021 19:47 - 37 minutes - 25.5 MB - ★★★★★ - 19 ratingsTechnology Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
We all want it, but do we "get" it? You can't understand Bitcoin (or... anything) without understanding what money is, its properties, its history, its flaws, and how it can improve. Uncut Gems, Beanie Babies, #PortlandPlayhouse, and Jessie J... they all have a place in this podcast.
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0:36 - Follow up on Robinhood Situation
3:07 - What is Money? Bartering, Scarcity, Gold, Phases of Being Money: Collectible --> Store of Value --> Medium of Exchange --> Unit of Account
15:05 - So What Happened With Gold?! 1933, Bretton-Woods, 1971
29:56 - Let's Review and Grade: Paper Money, on a Scale of 1-10
36:06 - Musical Guest
**Correction: The natives who trade with Rai Stones are "Yapese." Read further below.
Resources:
Rai stonesTrade beadsExecutive Action 6102WTF happened in 1971?23.6% of All Dollars Created in 2020Podcast: What Bitcoin Did? What Is Money with Parker Lewis