TL;DR – understanding how people use/understand money and monetary systems, and why bitcoin will rise to dominance among them, post 2 of 2.
See post number 1 HERE
On today’s show, I have USC finance professor and the author of Layered Money, Nik Bhatia. Nik, provides his thoughts on how the global economy is adapting to new technology and he also provides a history on how the layers of money have evolved to the point where we are today. IN THIS EPISODE, YOU’LL LEARN: – The history of Florentine Mint and how it changed European banking – A background on double entry book keeping – Counterparty risk and how it impacts markets – The importance of Disciplinary Constraint in banking – Thoughts on the Velocity of Money – Thoughts on the governments’ ability to shut down Bitcoin – What would make Nik change his mind about Bitcoin – Nik’s thoughts on Bitcoin regulation – What would a yield curve look like with Bitcoin – Thoughts on the new administration – Nik’s thoughts on the lightning network
Enjoy and be well, Everyone.
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