2min chapter

The "What is Money?" Show cover image

How Bitcoin Will End Currency Counterfeiting with Michael Goldstein (WiM252)

The "What is Money?" Show

CHAPTER

Central Banks on Money's Relationship With Entropy and Uncertainty

Money is basically an insurance policy on uncertainty so it's just pure option of the other way. Central bank externalizing entropy in terms of what price signal distortion you could probably argue warfare is in there. Nationalism regulation capital controls mainstream media I don't know how deep rabbit hole would go but I thought that that lens on central banks on money's relationship with entropy and uncertainty might be useful if you don't have it.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode