Money is a device for expressing value across spacetime. Gold was great for expressing value across time, but not space. Currency is great for expressing value across space, but not time. Bitcoin is the only money optimized for the expression of value across both space and time.

CHANNEL
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OUTLINE
00:00:00 What is Value?
00:00:20 What is Money?
00:00:37 The 3 Functions of Money
00:01:14 The Path of Monetary Evolution
00:02:03 The 5 Properties of Money
00:02:59 History of Monetary Evolution
00:03:39 An Analogy: Communications Technologies
00:04:27 Network Effects
00:05:43 Time is Money; Money is Time
00:06:19 Gold as Money
00:06:48 Currency as Money
00:07:04 Central Banking
00:07:43 Bitcoin as Money

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