4min chapter

The School of Greatness cover image

Why Crypto Is A Losing Game w/Economist Peter Schiff EP 1208

The School of Greatness

CHAPTER

Three Things You Wish People Didn't Understand More About Money

Money is not just a piece of paper. That's not money. Money has its roots in barter, and before man invented money, we traded with one another. The only reason that anybody will take cigarettes as money is because somebody smokes. If i give you gold for your shoes, i've given you a real commodity. And now i'm giving you something of value, and you're giving me something of value. So that that's money. But what are three you wish people understood more about money? Well, number one, they needn't understand what it is.

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