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WiM044 - The Saylor Series | Episode 10 | The Death of Gold

The "What is Money?" Show

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Coinage Is Not a Currency, Is It?

Rihts of gold is functioning as an asset, but it's not useful as a currency. And because it's so easy to com ate, it's not really a shared ledger any moreis not share tokens, right? Because i can't share it because i can't carry it with me. It's too expensive to audit and authenticate,. In fact, out of, out of everybody that i know, i don't know a single person that's ever authenticated a gold coindontnow"

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