WiM047 - The Saylor Series | Episode 11 | The Failures of Fiat
The "What is Money?" Show
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Cryptocurrency Is a Cloud of Self Deception
Big coin is the first successful crypto asset network. It emerged as the ideal technology for money. The original definition of money was to express value across space and time. But due to its physicality, its bulk, this effectively caused it to have technological limitations. So by abstracting gold into a currency, we gain another enough, we gaind a lot of advantages. This episode did an amazing job of going through fiot currency point-by-point.
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