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Cryptocurrency Regulations with Simon Lelieveldt

Monero Talk

00:00

The Core Elements of Money

I was trying to push you on what I see as being the core elements of money. One atom of gold equals one atom, one US dollar equals one US dollar, one Bitcoin should always equal one Bitcoin. But we know that's not the case because it's on this transparent ledger,. where all transactions are, are can be tracked and traced and marked as needed. And I don't see how that is the most efficient form of money when we could have a version or something like that. The good thing about money is that it can coexist with other forms, so the best can survive.

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