The Politics of Money

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In the modern age, we have some misaligned countries that have deemed that the dollar is not the best assurances of their wealth. And so when you open up that door, you allow other countries who are maybe less misaligned than Russia to still see that possibility. Today, our dollars, physical cash is redeemable for it's basically a claim on the balance sheet of the Fed.

Today’s guest is Brendan Malone. He currently works at Paradigm’s Policy Department. But before that, he focused on crypto policy issues at no other than the Federal Reserve. In this episode, we get deep into answering one, if not the most Bankless questions. What is Money? And what does the answer look like in the Digital Age?

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----- Topics Covered

0:00 Intro 5:40 What is Money? 10:34 The Moneyness Spectrum 16:59 How do Current Forms of Money Rank? 21:03 How Much is a Dollar Worth? 29:16 The Difference between Money and Credit 38:30 Losing Trust in the Dollar 48:29 The Role of a Central Bank 54:14 The Future of Money 1:04:26 Why Now? 1:07:14 New Technology Implications 1:10:40 The Case for Crypto 1:18:55 Closing and Disclaimers

----- Resources:

Brendan Twitter https://twitter.com/brendanpmalone

Read Moneyness In The Digital Age https://policy.paradigm.xyz/writing/moneyness-in-the-digital-age

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures