MI Rewind: What is Money? w/ Jim Crider

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Nov 25, 2022

01:08:41

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IN THIS EPISODE, YOU’LL LEARN:

03:27 - What money really is.
08:27 - The pros and cons of fiat currency and gold as money.
13:50 - Why a money that fluctuates in value can make planning for the future difficult?
16:58 - What are the attributes of a good money?
24:45 - Why gold has historically been a good money.
32:59 - The history of money in the United States.
46:41 - Why Bitcoin has value.
48:40 - Jim’s thoughts on diversification.
And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

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Trade Bitcoin with Swan.
Related Episode: Bitcoin & Financial Independence w/ Jim Crider - MI120.
Related Episode: Why Buy Bitcoin w/ Andy Edstrom - MI128.

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