Episode 31 - The Bitcoin Standard: Part 1
On this special episode of The Purposeful Podcast, Matt and Saki begin their review of The Bitcoin Standard by Saifadean Ammous.
In order to understand Bitcoin - and currencies in general - it is critical to understand money: what it is and how it works. In the opening chapters of his book The Bitcoin Standard, Dr. Saifadean Ammous gives a primer on the fundamental characteristics of money, and illustrates them by providing examples of currencies from ancient societies. Matt and Saki discuss the traits that make any particular currency good money (or bad), and explain how a good understanding of money is critical to understanding the high inflation that the United States is currently experiencing.
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