Scandal of Money

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  • Erosion of the meaning of money is an issue
  • Currency is 25x global GDP
  • The measuring stick - money - can't be part of what it measures.
  • Gilder proposes gold
  • Time remains scarce when everything else is abundant
  • Value should be measured by time - time it takes to mine gold or bitcoin. This is an interesting point - how is it consistent with information theory? Everything is abundant outside of time?

Interview