MI Rewind: What is Money? w/ Jim Crider

<p><strong>IN THIS EPISODE, YOU’LL LEARN: </strong></p><ul><li>03:27 - What money really is.</li><li>08:27 - The pros and cons of fiat currency and gold as money.</li><li>13:50 - Why a money that fluctuates in value can make planning for the future difficult?</li><li>16:58 - What are the attributes of a good money?</li><li>24:45 - Why gold has historically been a good money.&nbsp;</li><li>32:59 - The history of money in the United States.</li><li>46:41 - Why Bitcoin has value.</li><li>48:40 - Jim’s thoughts on diversification.</li><li>And much, much more!</li></ul><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Trade Bitcoin with <a href="https://www.swanbitcoin.com/millennial-investing" rel="noopener noreferrer" target="_blank"><strong>Swan</strong></a>.</li><li>Related Episode: <a href="https://www.theinvestorspodcast.com/millennial-investing/financial-independence-bitcoin/" rel="noopener noreferrer" target="_blank"><strong>Bitcoin &amp; Financial Independence w/ Jim Crider - MI120</strong></a>.</li><li>Related Episode: <a href="https://www.theinvestorspodcast.com/millennial-investing/why-buy-bitcoin/" rel="noopener noreferrer" target="_blank"><strong>Why Buy Bitcoin w/ Andy Edstrom - MI128</strong></a>.</li></ul><p><br></p><p><strong>NEW TO THE SHOW?</strong></p><ul><li>Check out our&nbsp;<a href="https://www.theinvestorspodcast.com/mi-starter-packs/" rel="noopener noreferrer" target="_blank"><strong>Millennial Investing Starter Packs</strong></a>.</li><li>Browse through all our episodes (complete with transcripts)&nbsp;<a href="https://www.theinvestorspodcast.com/millennial-investing/" rel="noopener noreferrer" target="_blank"><strong>here</strong></a>.</li><li>Try Robert and Rebecca’s&nbsp;favorite tool for picking stock winners and managing our portfolios:&nbsp;<a href="https://www.theinvestorspodcast.com/tip-finance/" rel="noopener noreferrer" target="_blank"><strong>T