3min chapter

The "What is Money?" Show cover image

WiM044 - The Saylor Series | Episode 10 | The Death of Gold

The "What is Money?" Show

CHAPTER

The Evolution of Money in the World

With every other money, trust has always been necessary to secure the network. And this is often, if not always, ended in corruption and failure. But it seems with bitcoin that we may have perhaps evolved from a political monetary standard to an engineered monetary standards of something much more like the second or kilogram. The consensus cannot be easily tampered with or distorted. That's a really big breakthrough in terms of human co operation. Because, again, this is money. Is the medium that binds us.

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