The Seen and the Unseen - hosted by Amit Varma cover image

Ep 323: SVB, Banking and the State of the Economy

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

Comparative Money

Mohit Sinha: I have a deep intellectual sympathy for the idea of comparative money. He says it's very challenged because when you have a monopoly, you don't want to give it up. When your monopoly over money is also backed by your monopoly over violence, then the chances of you are giving it up are really, really remote. And most of the ramps into cryptocurrencies are via fiat. But that doesn't mean my intellectual attraction towards competitive money diminishes.

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