Brett Scott: Cloudmoney – The Future of Cash
Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
00:00
The Underlying Substance of All Human Economy Is Interdependence
Money as a commodity system is much more flexible and dynamic. It's not static, fixed. And if you're trying to rely upon a fixed monetary system to intermediate relations within a dynamic underlying economy, it's going to break. Commodity thinking re-imagines power relations whilst maintaining the dynamism of money. So what happens for we say, let’s try and flatten ratineers? What happens when people stop seeing each other in terms of their own individual interests but instead see themselves as part of an interdependence that can't be broken by any kind of central bank or government policy? We need new ideas about how these systems should work. The first five thousand
Transcript
Play full episode
