BTC010: Bitcoin & Layered Money w/ Nik Bhatia (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
The Layers of Money: From Florins to Bitcoin
This chapter reflects on the author's writing journey for 'Layered Money', emphasizing a transformative insight regarding Bitcoin as a foundational monetary layer. It examines historical currencies, particularly the gold florin and its role in establishing stable financial agreements, which paved the way for modern layered monetary systems. Additionally, the chapter discusses the implications of counterparty risk and the evolving nature of money creation within current banking practices.
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