Hidden Forces
Description
In Episode 50, Demetri Kofinas speaks with Nevin Freeman, the founder of Reserve, a stable-value cryptocurrency project, about the hard problem of currency. It is said that the future of crypto depends on the success of stablecoins. According to Nevin Freeman, current stablecoin projects are doomed to fail. In an attempt to understand why, we explore the fundamental properties of money, the difference between price and value, and how existing stablecoins are trying to solve the hard problem of currency.