We know that money serves as:
– A Store of Value (SoV)
– A Medium of Exchange (MoE) and
– A Unit of Account (UoA)
But what happens when a fourth use of money is introduced, one which subordinates all the other characteristics: money as a system of control.
This talk is featured in The Internet of Money volume 3, which can be purchased in multiple languages in paperback, ebook, or audiobook: https://aantonop.io/tiomv3ebooks/
Chapters
0:00 4 properties of money
0:51 History of money
3:16 Money as a system-of-control supercedes all other functions of money
3:52 Money does not flow freely
9:16 A system of money that refuses to become a system-of-control
9:52 Banks as a system-of-control
12:31 Banks vs cryptocurrencies
13:21 Voice or exit
This talk took place at the Advanced Digital Innovation Summit on September 12th 2017 in Vancouver, Canada: https://antonopoulos.com/event/adisummit-vancouver-canada/
QUESTION & ANSWER:
Biggest threat to cryptocurrencies –
https://youtu.be/MNXSDaD97x0
ICOs, disruption, and self-regulation – https://youtu.be/yfjgcI8xX3A
RELATED:
The Stories We Tell About Money – https://youtu.be/ONvg9SbauMg
Bitcoin: Where the Laws of Mathematics Prevail – https://youtu.be/HaJ1hvon0E0
The Digital Currency Commons – https://youtu.be/nYBKWrqR4I8
Open Blockchains for Cashless Developed Economies – https://youtu.be/eo-0BgrKxiI
Hardware, Software, Trustware – https://youtu.be/Etyjc1JdmFU
Fake News, Fake Money – https://youtu.be/i_wOEL6dprg
Blockchain vs. Bullshit: Thoughts on the Future of Money – https://youtu.be/SMEOKDVXlUo
Separation of money and state – https://youtu.be/jGmtRA9S7_Y
Could governments take over exchanges? – https://youtu.be/9PrJQeKl9w4
Is Bitcoin a democracy? – https://youtu.be/TC3Hq76UT5g
Unstoppable code – https://youtu.be/AQx3E3F8Kz4
Irreversibility and consumer protection – https://youtu.be/R107YWu5XzU
Scaling, trust, and trade-offs – https://youtu.be/vCxmHwqyJWU
The Switzerland of currencies – https://youtu.be/pV83Qmy578c
How is fungibility tied to privacy? – https://youtu.be/VuI-8EwqIS8
Fungibility, privacy, anonymity – https://youtu.be/y3s8c7YDtXU
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