
The Most Important Question in the World Today | Episode 1 | (WiM297)
The "What is Money?" Show
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The Intuitive Value of Money
Money is intrinsic to us. It's not like the printing press or something where it's an invention with a specific origin. Over time what you find is that good money sticks around, whereas bad money gets kind of outcompeted and demonetized loses its value. So if money is your store of value, and you use better money than someone else, then your value will hold through time. If you have better money, then you can trade with more people in terms of medium of exchange, because more people will accept it.
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