The Wild 5,000 Year Ride of Money: Talking money, gold, and bitcoin with CoinDesk’s Michael Casey
Due to advances in technology and the rise of centralized systems that limit privacy, the very nature of how we think about money and the government’s role in it is evolving.
The clearest manifestation of this is the rise of cryptocurrencies, of which bitcoin is the most prominent.
In today’s conversation, we go back 5,000 years to explore the beginning of money and then trace how the way we think about money and how we distribute money has evolved over time. Along the way, we touch on gold, central banking, Modern Monetary Theory and yes, bitcoin. It’s a wild ride!
My objective in this episode is to give you some historical context that has led to the development of bitcoin and how it is being used today so you can speak more confidently to your clients when they ask about it.
My guest to discuss all this is Michael Casey. Michael is a true pathfinder. He spent over three decades in journalism including 18 years with Dow Jones and the Wall Street Journal. He’s been in business and academia, and he has a real grasp on the big technological, geopolitical, economic, and social trends that impact businesses, communities and individuals.
Currently, he’s the chief content officer at CoinDesk.
In addition, he’s the author of five highly acclaimed books including:
- “The Truth Machine: The Blockchain and the Future of Everything”
- “The Social Organism: A Radical Understanding of Social Media to Transform Your Business and Life”
- “The Age of Cryptocurrency: How Bitcoin and the Blockchain Are Challenging the Global Economic Order”