2min chapter

I Pledge Allegiance cover image

Rune Christensen - MakerDAO's Past, Present, and Future

I Pledge Allegiance

CHAPTER

The Core Concept of Cryptocurrency

On the clean money side, if I were to simplify it, the core idea really is a global scalable currency needs to be backed by assets that are linked to things that will be around forever and sustainable in any definition. The belief is that that will be tied to cleaner sources of energy because currency is linked to energy production in many different ways. And then there's even, you can even say like sort of global political or regulatory component to it, right? Which is that you really want to show your good side to the real world,. You need to also examine why they should care about crypto and why they should not vote for the guy that's going to ban it.

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