We expect Bitcoin to become global money, but is it money yet? We say it’s not and that it requires some steps to get there. We explain what money is and why it’s important before we take you along the circuitous path of monetization in this week’s episode.
Items discussed
“Applying Carl Menger to the Monetization of Bitcoin” by Rollo McFloogle
“Shelling Out: The Origins of Money” by Nick Szabo
De Moneta by Nicholas Oresme
The Bitcoin Standard by Saifedean Ammous
The Ethics of Money Production by Jorg Guido Hulsmann
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Podcast version