“What Is Better Than Gold” explores the concept of money, its characteristics, and its role in the economy. What Is Better Than Gold discusses the nature of money, explaining that it is an asset that can be divided into convenient units of value and is owned by someone who sells or lends access. The document discusses the challenges of debt repayment, the limitations of using gold as money, and the importance of trust in currency. It also highlights the various forms of money, including commodity money, representative money, fiat money, and digital money, and the historical evolution of money from barter systems to modern digital currencies. The document concludes by emphasizing the need for a monetary system based on faith. The church could issue money based on faith expressed in the work we do. Faith is better than gold as without it, there is no economy nor workable currency. With faith we can issue a monetary unit that produces no debt or inflation.
