
MI Rewind: What is Money? w/ Jim Crider
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Exploring the Essence of Money
The chapter delves into a conversation about the concept of money, discussing its evolution, importance in communication and value transfer, and its relation to Bitcoin. It touches on how money's abundance affects its perceived value, using drinking water as an example, and reflects on the significance of understanding the essence of currency. The discussion also explores the history of money, from bartering to the introduction of different forms of currency throughout different cultures and time periods.
Transcript
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