Monero: Sound Money, Safe Mode

In this post-pandemic update of the Monero Means Money lecture/documentary, Dr. Daniel Kim provides a comprehensive overview of Monero and Bitcoin within the larger context of gold and fiat currency in the 2020 financial crisis. The source footage for this presentation was livestreamed August 7-8, 2020 as the keynote talks for Monero Village at DEF CON 28.

0:00 Introduction
5:00 The Pandemic Economy
12:04 Independent Scarcity - Decentralization, Bitcoin
26:03 Independent Scarcity - Monero
41:48 Fungibility vs. Mass Surveillance
59:12 Valuation - Getting Involved

[linkng]

That's the video on economy of Monero that we all need. Many videos have talked about how fungible Monero is or how tail emission keeps miners around. But few people actually talked about how Monero's characteristics creates a more rational economy compared to Bitcoin or gold.

[shittymcrvids]

I love that the internet offers this kind of knowledge

[ARCHERDAVE]

59:06 "Monero is what bitcoin noobs thought they bought."

[JonathanCrss]

Wow, fantastic presentation. It's really impressive to see such high quality educational materials like this being made available. Excellent points, well articulated, nuanced and accurate.

I would like to sincerely thank you for this.

PS: It was nice to meet you at last year's CCC!

[ADHD]

Come back to this video in 10yrs xmr chads, we will be laughing at our undisclosed amount we hold

[michaelnechay]

This presentation is gold, Bitcoin, Ether and other alt coins have done well this bull market so far, many better than Monero but only so far - anyone who watches this and understands the fundamentals would be more confident about Monero going forward than any other flavor of the month

[withoutrulers]

Scarcity is the only cure in a world with money printing disease!

[arminomic]

Dr. Kim, WOW, thank you for probably the best explanation ever and making it easy to understand the difference between BTC vs Monero and the whole crypto currency as a whole. I thought I knew something, until I watched your video, now I know. THANK YOU. I would like to acquire your services if possible for an advice. Thank you kindly Sir.

[caiomorato]

Started to study more about monero recently. This video is awesome, it's shame that didn't showed up earlier in the YT algorythm

[getmonerodotorg]

Great video! First, I found Bitcoin, then I found something better, Monero!

[jamesm]

This was a great video. Appreciate it.

[EroAward]

Sweet podcast with easy explanations! Thanks for the great infos shared! 🤗❤ #Monero #Bitcoin

[lucv]

Can we please connect somehow? This was so well done and I want to hear more about your firm or help the XMR project personally somehow.

[NoName-kysb]

In a world full of cameras and intrusion privacy becomes a scarce valuable asset.

[Nick_Rizzi]

I'm a bitcoin maximalist but even I understand the importance of privacy and tail emission for mining incentives

[thepapervigilante]

The community needs consensus on monero and forget all the shitcoins and memecoins etc

[azzelino]

As Monero is described, it deserve a lot more attention. The price seems undervalued, especially in comparison to BTC.

My question is : how can we be guarantee that Monero keeps it UNIQUE? I mean how to be sure there won't be a Monero 2, Monero 3 and so on... Cause it's only by being unique that investors will value it in the long term. If not, this crypto will never succeed cause there will be too much alternatives

[ChristieNel]

The expected gold supply figures at the end are utter bogus. There is maybe a 20th of that expected supply left in the ground and it's increasingly harder and more expensive to mine it. The assumption that gold will increase linearly already completely condemns the idea.

[nmbusmusic]

Recently the address problem was solved yea now you can post addresses that are similarly generated to venmo yes?

[yoon]

Can someone help me understand the last part about 1/1, 000, 000th of monero is $3000 . What does that supposed to mean?