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#244: The Quiet Master of Cryptocurrency -- Nick Szabo

The Tim Ferriss Show

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Cryptocurrency One O One

i like to call it collectibles, because now i've extended the definition of money far broader than probably any economis would want to. The urok indians, for example, used shells, and they would have tattoo marks on their arm. And that told you the denomination, the value, of how valuable that shell was,. which corresponds to how scarce it was in nature. So even if you're not exchanging it, you just want to mo store o value. And then it's also a unit of account. Im not going to tll you how many loaves of bread a car costs a so i need to be able to just pick a unit of accounts -

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