176 - What is Money in the Digital Age? with Brendan Malone

<p>Today’s guest is Brendan Malone. He currently works at Paradigm’s Policy Department. But before that, he focused on crypto policy issues at no other than the Federal Reserve. In this episode, we get deep into answering one, if not the most Bankless questions. What is Money? And what does the answer look like in the Digital Age?</p> <p>------<br /> ✨ DEBRIEF | Unpacking the episode:<br /> <a href= "https://www.bankless.com/debrief-brendan-malone">https://www.bankless.com/debrief-brendan-malone</a> </p> <p>------<br /> 🚀 Unlock $1,000+ in Perks with Bankless Citizenship 🚀<br /> <a href= "https://bankless.cc/GetThePerks">https://bankless.cc/GetThePerks</a> </p> <p>------<br /> 📣 CYFRIN | Smart Contract Audits & Solidity Course<br /> <a href= "https://bankless.cc/cyfrin">https://bankless.cc/cyfrin</a> </p> <p>------<br /> BANKLESS SPONSOR TOOLS:</p> <p>🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE<br /> <a href= "https://k.xyz/bankless-pod-q2">https://k.xyz/bankless-pod-q2</a>   </p> <p>🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE<br /> <a href= "https://bankless.cc/MetaMask">https://bankless.cc/MetaMask</a>  </p> <p>⚖️ ARBITRUM | SCALING ETHEREUM<br /> <a href= "https://bankless.cc/Arbitrum">https://bankless.cc/Arbitrum</a>  </p> <p>🧠 AMBIRE | SMART CONTRACT WALLET<br /> <a href= "https://bankless.cc/Ambire">https://bankless.cc/Ambire</a> </p> <p>🦄UNISWAP | ON-CHAIN MARKETPLACE<br /> <a href= "https://bankless.cc/uniswap">https://bankless.cc/uniswap</a> </p> <p>🎮IMMUTABLE | GAMING ECOSYSTEM<br /> <a href= "https://bankless.cc/Immutable">https://bankless.cc/Immutable</a>  </p> <p>🛞MANTLE | MODULAR LAYER 2 NETWORK<br /> <a href= "https://bankless.cc/Mantle">https://bankless.cc/Mantle</a> </p> <p>-----<br /> Topics Covered</p> <p>0:00 Intro<br /> 5:40 What is Money?<br /> 10:34 The Moneyness Spectrum<br /> 16:59 How do Current Forms of Money Rank?<br /> 21:03 How Much is a Dollar Worth?<br /> 29:16 The Difference between Money and Credit<br /> 38:30 Losing Trust in the Dollar<br /> 48:29 The Role of a Central Bank<br /> 54:14 T