Have you ever wondered how money is created, or even what is money?
Some people such as economist point out the differences between money and currency. But for the average person, they are the same.
There are many forms of money. Gold and silver have been considered money for most of human history. But over the last 100 years we have seen a rise in fiat currencies. These currencies begin as worthless paper and governments dictate the value. People must agree to it’s value and use it as a means of exchange.
Cryptocurrencies and money built with blockchain technology will consume the next phase of money. People want control of their assets and they don’t want governments printing more money at random and inflating their currency.
Good money tends to have attributes like wide acceptance, being fungible, being divisible, good at holding value, and easily transportable.
Check out this episode of the True Liberty Podcast.
Watch to learn about money, Bitcoin, fiat notes, and modern systems of central banking (and why decentralized banking is the future)
About The True Liberty Podcast
The world today is broken. There is poverty, suffering, violence, and enslavement. These conditions are not the proper state of the world, nor are they necessary. This world is a reflection of the people within it; people who do not understand Truth, people who are not Free.
An answer without a question is a solution without a problem. The world is full of people arguing about answers, but not understanding the questions. One cannot be Free without knowing the Truth, and one cannot learn the Truth without asking questions. One cannot ask questions when one believes he already knows the answer.
A better world is possible. A world of Free people, people who seek the Truth. This is the world we wish to create; this is the world in which we want to live. We know it is possible, but we cannot build it alone, for as one suffers, all suffer. By asking questions, and inviting others to ask them with us, together we will learn the Truth, and the Truth will set us Free.
The Co-Founders of True Liberty are Adam Ernest, Nathan Hourt, and Will Long. Read their stories on the True Liberty Blog.