We rely on it every day, but we rarely stop to consider, “What is money?”
There’s an important difference between a $50 banknote, and the numbers you see in your bank account. The availability of cash and digital money, and the infrastructure that supports them fundamentally shape our monetary system.
Much like a transport system, the monetary system is vital to the operation of a modern nation. But who is designing it? And what do we need a monetary system to provide?
Sam and Brett discuss the origin of money, monetary systems, and Brett’s 2023 book, “Cloudmoney”.