5min chapter

The "What is Money?" Show cover image

An Inquiry into Decentralization with Erik Voorhees (WiM083)

The "What is Money?" Show

CHAPTER

The Problem Is the Ultra Sound Money Narrative

Beuse: The idea that you could introduce a competitor to bit corn that has a diminishing supply and it's somehow better, i don't think makes any sense at all. When etherium splits, the social area is more divisible than bid coins. Therefore, by my definition of moneyit can't be money as the trust arepolitically minimized asset, which i think bit coind just holds that position. But im i also don't think that this idea that there can only be one money is as true as some people might like to think, right? There's this incredible network of fact around money. And we have historical examples of gold, which the world seemd to coalesce

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