TODAY'S 🎙SHOW: Douglas Tuman interviews Keith Weiner, CEO of Monetary Metals, a platform for products that offer investors a yield on gold, paid in gold.
Keith shares why he believes in the gold standard and his reasoning for why he does not see crypto as capable of being a better form of money.
Unfortunately Keith’s time was limited so Doug was unable to fully dive into Monero with Keith to explain the nuances of things like, Monero’s fungibility and tail emission, in comparison to gold, but perhaps this is for the best, allowing Keith to take a closer look at Monero before getting back together for a Part 2.
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0:00 - Intro
4:27 - Qualities of Money
9:18 - On Gold
11:35 - Distinction between Gold/Silver
18:05 - How Keith got into Gold
26:54 - Discovering Crypto
31:55 - Irredeemability of BTC
32:43 - BitGold Thought Experiment
33:49 - Speculation can't set stable price
38:01 - Crypto Use Case
40:25 - Arguments why a crypto needs to be redeemable
51:25 - Value Stability
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