"What is money? Why is it used? Which type of money is best? And why?" - Eric Yakes
Today we are diving into the foundational chapter of Eric Yakes' book The 7th Property. What are the characteristics of money, and how can we use them to understand the security and comparative value of competing monetary goods?
The full book as well as the audiobook (by yours truly) can be found at amazon if you want to dig in further:
Paperback: https://www.amazon.com/7th-Property-Bitcoin-Monetary-Revolution/dp/0578902621/ref=sr_1_1?crid=1OGGJHM7QJCZ7&keywords=7th+property&qid=1643345103&sprefix=7th+property%2Caps%2C61&sr=8-1
Audiobook: https://www.amazon.com/7th-Property-Bitcoin-Monetary-Revolution/dp/B09N9VZYM7/ref=sr_1_1?crid=1OGGJHM7QJCZ7&keywords=7th+property&qid=1643345103&sprefix=7th+property%2Caps%2C61&sr=8-1
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