MI164: What is Money? w/ Jim Crider

IN THIS EPISODE, YOU’LL LEARN:

05:26 - What money really is.

10:06 - The pros and cons of fiat currency and gold as money.

13:50 - Why can money that fluctuates in value make planning for the future difficult?

20:58 - What are the attributes of a good money?

28:45 - Why gold has historically been a good money.

31:59 - The history of money in the United States.

44:15 - Why Bitcoin has value.

52:40 - Jim’s thoughts on diversification.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

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Related episode: MI120: Bitcoin & Financial Independence w/ Jim Crider.

Related episode: MI128: Why Buy Bitcoin w/ Andy Edstrom.

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Read this episode’s transcript and full show notes on our website. Connect with Jim: Website | Twitter Connect with Clay: Twitter

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