3min chapter

The "What is Money?" Show cover image

Will America Adopt Bitcoin? with Lawrence Lepard (WiM173)

The "What is Money?" Show

CHAPTER

How Did We Get to Gold?

Gold is mined every year, and the world's supply is growing at one point, seven % a year. It was small enough and scarce enough that one could carry a fair amount of value in a small unit. Silver became another form of money; various countries made different bets on which was better. But generally speaking, gold and silver did a good job of holding a stable value over a period of time.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode