5min chapter

The "What is Money?" Show cover image

Predator-Prey Economics with Oswaldo Lairet (WiM217)

The "What is Money?" Show

CHAPTER

You're Only Going to Get It One Time, Right?

Sally Kohn: We have this asset that is pure equity, right? Or a bearer asset, but simultaneously globally transactable. So it's all money and no promise. And i guess to put maybe some icing on that cake, the other thing is that you're only going to get this once, right? You can only have money with a fixed supply one time, with a credibly fixed supply. Now, we can go and launch robert and oswaldo coin right now and say it has a fixed supply, but that’s counterparty risk, right?You have to believe us that we're not going to print more of the thing. Theoretically,

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