046 What Actually Makes Good Money?

About this episode

David Rufner and Jared Townley explore the qualities that define good money, comparing Bitcoin, gold, fiat, and cows.

Have a question or comment for us? Email us at ⁠bitcoinreformationpodcast@gmail.com⁠ Find the image here: https://www.reddit.com/r/Bitcoin/comments/shotki/fidelity_compares_gold_vs_btc_vs_fiat_based_on/ David Rufner and Jared Townley, two pastors on the Bitcoin Reformation Podcast connect Holy Week reflections and Christian apologetics with a “back to basics” question: what makes good money. Using a chart of seven monetary qualities (durable, divisible, fungible, portable, verifiable, scarce, track record), they compare cows, gold, fiat currency, and Bitcoin. While not comprehensive, they lead us to consider why we might desire a different money than the current currency we use on a daily basis. 12:43 What Makes Good Money 16:49 Seven Money Properties 27:41 Testing the Cow Standard 35:31 Gold as Store Value 41:49 Gold Scarcity and Track Record 46:29 Fiat Fails at Saving 58:30 Bitcoin as Better Tool The Bitcoin Reformation Podcast and all related content, including but not limited to audio recordings, social media posts, show notes, and supplementary materials, are produced for general informational and educational purposes only. Neither Ben Haupt, David Rufner, Jared Townley nor…

People in this episode

Hosts: David Rufner, Jared Townley, Ben Haupt

Topics covered

• money
• Bitcoin
• Christian apologetics
• monetary qualities
• financial comparison

Keywords

• good money
• monetary qualities
• Bitcoin
• gold
• fiat currency
• Christian apologetics
• financial education

Mentioned in this episode

Organizations: Bitcoin Reformation Podcast, Fidelity

Products: Bitcoin, gold, fiat currency

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