Episodes
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Sunday Nov 28, 2021
073 – Alternatives to Money
Sunday Nov 28, 2021
Sunday Nov 28, 2021
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Money is simply a paper IOU (and not really even paper) that is only as valuable as the faith you put in the promise. And usually not even paper – only about 5% of the world's money is in physical form. The rest are simply electrons floating around in some cyber cloud. So what is money and how does it work?
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What are some of the alternatives to traditional money systems. Are we in the process of moving from country-based money to technology-based money?
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Can you live comfortably in an economy that is not rooted in the concept of money?
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And what happens when the money-based economy stumbles or crumbles?
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