EP 13: How Money has Value (3-step Process)
You've probably heard enough about the whole argument of "money used to be gold". In this episode, we will uncover the fundamentals of how money accrues value from 2 perspectives — metallism and chartalism. Quick navigation: How money is created (Metallism vs Chartallism) 01:34 3-step process to legitimising money 10:20 Application to cryptocurrency 12:30 If you are keen to learn more, we are currently having a discount for the Token Economics Blueprint course! It's a 10 lesson session and you can choose which section you are interested in. Total lesson time: 15 hours. Join our Token Economics 201 course at www.education.economicsdesign.com!