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MI Rewind: What is Money? w/ Jim Crider
Episode 405
Published 3 years, 4 months ago
Description
IN THIS EPISODE, YOU’LL LEARN:
- 03:27 - What money really is.
- 08:27 - The pros and cons of fiat currency and gold as money.
- 13:50 - Why a money that fluctuates in value can make planning for the future difficult?
- 16:58 - What are the attributes of a good money?
- 24:45 - Why gold has historically been a good money.
- 32:59 - The history of money in the United States.
- 46:41 - Why Bitcoin has value.
- 48:40 - Jim’s thoughts on diversification.
- And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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- Related Episode: Bitcoin & Financial Independence w/ Jim Crider - MI120.
- Related Episode: Why Buy Bitcoin w/ Andy Edstrom - MI128.
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