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6min chapter
WiM026 - Money Hierarchies with Nik Bhatia
The "What is Money?" Show
Cryptocurrency - I Hate Speech?
In the book, you have gold and silver coins at the apex of the pyramid. We have the medici banking family as the second layer below that. And then the bills of exchange that they issue. The government comes in, they issue government currency um, which expands the money supply. But it also brings into what are you doing with that money? There's a lot of ways to administer money that that free speech can be abused.
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