Douglas Jackson - Lessons from E-Gold (EP.52)
Douglas Jackson, the founder of E-gold, arguably the first widely-used electronic medium of exchange, appears on the show. In this episode we discuss: - Douglas’ motivations for starting E-gold - His disagreements with his cypherpunk contemporaries - Why private monetary issuers might be more responsible than public ones - The challenge of creating an open payments system which is also compliant - His critiques of stablecoins and native-unit cryptocurrencies