Money Layers Explained
The discussion delves into the different layers of money in the crypto world, particularly focusing on m zero and m one. Base money, such as Ether, serves as the foundation, while m one represents assets like Dai that carry additional risk but still settle back to base money. The contrasts between traditional fiat systems and crypto issuance highlight the importance of understanding monetary supply and its implications for value storage.In this clip
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Bankless
4 - Ether: The Triple Point Asset
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