Lyn Alden's Masterclass On Money 

Lyn is a national treasure. Nay, a global treasure

Great history of money, what a time we live in.

We don't need to read books anymore. We learn from RU-vid and it's all for free...what a time to be alive.

I’m gonna listen to this video a couple times it’s excellent. Thank you.

Lyn is the goat. Bitcoin for the win.

So paper money was an L2 on top of Gold ? Then they decoupled it from gold and based it on a country's future GDP?

Lyn's breakdown of the historic use of barter / money is very concise

So good, ty!

What a clarity! Beautiful....

Great episode guys gm

Excellent content! 🎉👏🏽

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Read it, Book is awesome! highly suggested!

Please bring back soon. Lyn is awesome!

David with the windups *seagul meme*

One Love! Always forward, never ever backward!! ☀️☀️☀️ 💚💛❤️ 🙏🏿🙏🙏🏼

..Knowledge to treasure.!

2:33 So true.

Money is Information, Bitcoin is it's container.

Lyn likes bitcoin, not eth. 😉

Looking forward to the audio book! How about an NFT audiobook too? :)

Listening to this excellent discussion on the nature of money I am convinced that XRP is the future of money. It might not go up in price like the crypto nuts say, but it really does all of the things in this video, in about 3 seconds. I use it every day and it saves me tons of time nd money.

the flippening bros

Do not confuse money with currency. The representation is not the same as the thing itself. The representational thing that you can store and transact (e.g. the banknote-document) is not the same as the thing it represents (e.g. the currency system) and this is not the same as the fundamental coordination scheme (which is the monetary system). Banknotes are not the currency and the currency is not the money. The currency for example sets the rules for what the denominator is. US-Dollar is a denominator. You cant pay with the denominator. It is a naming. What you hand out the other person is the physical thing (can also be digital). This is the banknote (via denomination you realize a token-based model). The document acts as a IOU. This says nothing about the monetary order behind all of it. The money-system aka money is a credit-money. It coordinates human behavior by some algorithmic credit (aka "money")-creation process. But again, credit is not what you have in your pocket. Credit aka the money is the animus, the soul behind this particular coordination sheme. Other species have no coordination sheme. They simply violently take what the other has. Only species with a feeling of guilt and abligation can have a credit-based system. All the stuff on top, the currency, the payment channel (banknotes, digital banknotes, cheqs) does not change the color of the dress. Bitcoin is not money and humanity never had a non-obligation non-contractual monetary system. The gold standard was never a real thing. In the 20s, people payed with cheqs aka IOUs. The gold reserve was a human claim, that was long eroded at Bretton Woods had no effect on how money works. 20k B.C. they already used IOUs (e.g. the Ishango bone)

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a really awesome history lesson minus lyn's btc delusion. I ordered her book and I think it would be a even better book if she hadn't include a fixed btc maxi mindset.

she reminds me of the bad guy in Mr Robot- scary but good

So basically some people even smoke their money😅

Money is a very simple tool once you remove the invented debt construct.

I've got a mate who sadly still thinks crypto is a good idea. He's a lovely guy but not very bright. When I asked him why, after explaining the many reasons why crypto will fail, he said he thought crypto would be the money of the future because of interstellar travel. It is really awkward when you have to try to stop yourself laughing in a friends face.

When Eth flippining? 😂😂 btc only

I like the way Hoffman has become more smug over time. You are a pair of grifters

Barter theory of money is demonstrably wrong. Go read david graeber debt

I'd be interested in hearing Lyn's opinion on mutual credit systems like Sardex in Sardinia

so hard to take lyn seriously after i listened to her yell in the btc circlejerk on twitter with peter mccormack and the likes of him:D

More Crypto Online sent me

The intro is starting and all I hear is the wrong use of 'money', what a bad start...

Though, I really enjoy the bank less crew. I had a hard time listening to this after there was no connection to Robert Breedlove and or Michael saylor and what is money. Feels like a redo with no credit given.

Bitcoin ding dong is here .

Why is speed important but not fungibility or privacy. I think the next evolution of money after speed is privacy. That's why I'm buying Epic. it's what BTC should have been. Money is an arms race and its foolish to believe that BTC is the end all and be all. Especially if governments decide to become more tyrannical. Call it a hedge against tyranny.

Best person alive explaining money is Mike Maloney, none other is coming even close!

CELO is a politically “correct” project with many problems and decreasing transparency.

Talking money and being full of eth and metamask ads, come on

Scammers

Larry Alden is one smart dude!

only thing i hate more than macro is macro wth Doomer Larry Alden

Can we talk about Kaspa as that next step as a medium of exchange in a digital p2p currency. Unlike BTC as a store of value Kaspa appears to be set at fulfilling Satoshi's vision. Please take a look as I believe it will be the next widely used medium.