Ep 1.0: But Like, What Is Money?

We all want it, but do we "get" it? You can't understand Bitcoin (or... anything) without understanding what money is, its properties, its history, its flaws, and how it can improve. Uncut Gems, Beanie Babies, #PortlandPlayhouse, and Jessie J... they all have a place in this podcast. 

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0:36 - Follow up on Robinhood Situation

3:07 - What is Money? Bartering, Scarcity, Gold, Phases of Being Money: Collectible --> Store of Value --> Medium of Exchange --> Unit of Account

15:05 - So What Happened With Gold?! 1933, Bretton-Woods, 1971

29:56 - Let's Review and Grade: Paper Money, on a Scale of 1-10

36:06 - Musical Guest

**Correction: The natives who trade with Rai Stones are "Yapese." Read further below.

Resources: 

• Rai stones
• Trade beads
• Executive Action 6102
• WTF happened in 1971?
• 23.6% of All Dollars Created in 2020
• Podcast: What Bitcoin Did? What Is Money with Parker Lewis