4min chapter

The "What is Money?" Show cover image

Bitcoin Economics and Evolution | The Saylor Series | Episode 16 (WiM062)

The "What is Money?" Show

CHAPTER

The Transformation From the Agricultural Age Into the Industrial Age

i think the prevailing belief is that government is just the originator of money. But when you study socionomic history and evolutionary biology, how did we get to this point? It's actually the precise opposite. Money lets us store value a which is to say, we can hold something that other market actors find relevant,. Free exchange allows us to become more energy efficient through trade. And then finally, money holds us to account for our actions.

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