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RE: Cryptocurrency Is Not New Money And That Is Why It Will Succeed

in LeoFinance2 years ago

I heard Elon Musk mention that money is price data communicated between two parties, or communicated into the future. I think it was related to his effort to create x.com or PayPal. I have not given it much thought yet. I’m hoping that’s where you’re headed.

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Musk understands the financial world. This is a point people miss based upon his lunacy on Twitter and stuff he says. However, he is right. We are in a ledger money world where communication systems are a big part of the monetary system.

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