The Most Important Question in the World Today | Episode 2 | (WiM298)
The "What is Money?" Show
00:00
The Role of Central Banks in Money
The role of central banks in money I believe should be singularly to protect its value And keep inflation low. The worst thing you can do is disenfranchise users and motivate them to exit and use a different network. If the architects who have that control choose to then surveil or debase or do all these other things then and That's your fault for like, right? But there are tensions there so that so the point here is the art It's the architects responsibility to or the engineers responsibility to Act to prevent a loss event which means to prevent the monetary system from achieving a hazardous state.
Transcript
Play full episode
