What you'll learn
- What the three functions of money are.
- How the idea of "money" has changed over time.
- How Central Bank largesse leads to increased inequality.
The 3 functions of money
An introduction to the three traditional properties of "money".
Andreas on Money
In this talk, Andreas recounts the history of Bitcoin and what it represents, building upon all the stories we've been told over the centuries about what "money" is, how we perceive its value, and why the old answers have changed as we adjust to this new world of digital peer-to-peer currencies.
The history of Money
You will never really “get” Bitcoin until you have a deep appreciation for what money actually is. Nick Szabo is a .. controversial .. figure in the crypto space, but he is undoubtedly a very deep thinker and has made many groundbreaking contributions to cryptocurrency and introduced some of its foundational ideas, including smart contracts. In this essay, Nick gives a brief history of money as one of humanity’s most important technological innovations.
Income inequality has been increasing in the U.S. and in most of the western world since the 1970s. This fact is undeniable and has reached the point where the bottom 50% are starting to make their frustrations heard.