What is Money?

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

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

SOCIAL

WRITTEN WORK

WAYS TO CONTRIBUTE
Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7

[pycontiki]

It takes an incredible amount of work and thought to succinctly reduce complex topics into simple explanation. TY Robert and TY for the long form videos! I ❤️ the format.

[fakemoney]

I learned more in this 8 minute video about money than 18 years of school taught me.

[davooberger]

This is the kind of stuff they don't teach in school.
Awesome!

[hanel]

Beautiful illustrations Robert. Bitcoin is such a beautiful creation.

[fivedoors]

You can't argue against that, well put. Although you're preaching to the converted, the message will eventually be heard everywhere. It makes me think of the poor souls who have the plot outline correct but can not see, they think the world will regress back to the equivalent of giant stones with holes in them rather than forward. That is a huge mistake. Cheers Robert.

[colinheyes]

Brilliantly explained.
Clear concise and easy to understand.
The space and time variables contextualized my understanding to the point where I can explain what money is.
What it will be is #Bitcoin

[mitchtavio]

I've watched hundreds of hours of Robert's podcast now but never saw this video before. What an excellent video!

[toolegitquit]

Bravo Robert! Clear, concise and lacking esoteric economic jargon. What has taken me hours to try to explain to friends and family, you have elegantly condensed to less than ten minutes. Definitely bookmarking this vid! Hope to see more of these short form explanatory vids from you in the future. It’s tools like these that will help all of us bring more friends and family to the precipice of the rabbit hole.

[ThatsMyShot]

Nice work Robert! This is a great concise presentation that can be shared and understood by all!

[AllNighterHeider]

Royksopp-Your hands is a great song and has a video with very similar characteristics to the visuals here.

[mrd]

I discovered this gentleman yesterday, the first time in years where I knew I was listening to a genius.

[lance]

Great visuals as always you take us farther down the rabbit hole.

[jwlee]

This is a masterpiece Robert! Very well done!

[Donkillumati]

I wish I could give the video 21 million likes. Excellent video.

[TheZardoztube]

Muy bien Rob. This video will be my non negotiable assignment before y spend time with whoever asks me to learn how to "invest" in bitcoin.

[AaronBailey]

Found you through Tom Bilyeu. Amazing thinker. Real thought provoking stuff. Keep it up :)!

[dekutube]

Thank you Robert. BTW ... I am really enjoying the new Saylor material and the series you are doing with Max H. I am currently reading Ethics of Liberty ... Amazing!

[Lucasvoz]

Alright so I can now safely say I’ve found my new meditation music. Robert permeates the universe and he will instill peace inside of you.

[iosaccoleman]

This is epic! Love the graphics too :) Kudos Robert

[TorupHodl]

Good stuff,
Scrubby bubbles of Bitcoin, cleaning up the human mess