<![CDATA[CryptoValley Podcast]]>Tue, 01 Dec 2020 07:41:27 +0000Captivate.fmcryptovalleypodcast@gmail.com (Ruzbeh K.)https://artwork.captivate.fm/64bb63c3-79b7-44dc-b136-8442569b904b/994yv5lit3gzmvoxynof0xw2.jpgCryptoValley PodcastRuzbeh K.cryptovalleypodcast@gmail.comRuzbeh K.Background of the Host: As a former banker, RK has a middle eastern background who grew up in Germany and started his career as a banker in the middle of the financial crisis of 2008. He has been working with multiple startup banks and financial services around the world. Today, he resides in Europe and is an early stage investor of cryptocurrencies and other hard assets such as precious metals and real estate. Show Summary: Your banker doesn't explain you to understand investing for a reason. On this Podcast, we explore the history of money from its very inception all the way to its current state and most importantly its future. We also discuss how the current financial system illusions investors and consumers, and how you can exit and obtain your financial interdependence. If you are someone who has average to no experience in finance, and would like to take control of your financial future instead of trusting a banker or advisor to do it for you, then this podcast is for you.https://cryptovalley-podcast.captivate.fmnoepisodicYesInflation vs Deflation. - Episode 12Inflation vs Deflation. - Episode 12On this episode, RK talks about the difference between inflation and deflation. He also discusses the types of environments in an economy and how inflation and deflation can be seen as a good or a bad aspect. This is a very simplified intro on how you can get exposure to bitcoin. If you require support or have additional questions, please feel free to send us an email to ruzbehk@cryptovalleyshow.com On this episode, RK talks about the difference between inflation and deflation. He also discusses the types of environments in an economy and how inflation and deflation can be seen as a good or a bad aspect.

This is a very simplified intro on how you can get exposure to bitcoin. If you require support or have additional questions, please feel free to send us an email to ruzbehk@cryptovalleyshow.com

]]>0ffa4dbe-5160-4b35-969f-eb0c61e572ffFri, 07 Aug 2020 07:00:00 +010021:58nofull12On this episode, RK talks about the difference between inflation and deflation. He also discusses the types of environments in an economy and how inflation and deflation can be seen as a good or a bad aspect. This is a very simplified intro on how you can get exposure to bitcoin. If you require support or have additional questions, please feel free to send us an email to ruzbehk@cryptovalleyshow.comRuzbeh K.How to get exposure to Bitcoin. - Episode 11How to get exposure to Bitcoin. - Episode 11On this episode, RK discusses ways how you can obtain bitcoin and store it safely. This is a very simplified intro on how you can get exposure to bitcoin. If you require support or have additional questions, please feel free to send us an email to ruzbehk@cryptovalleyshow.com On this episode, RK discusses ways how you can obtain bitcoin and store it safely.

This is a very simplified intro on how you can get exposure to bitcoin. If you require support or have additional questions, please feel free to send us an email to ruzbehk@cryptovalleyshow.com

]]>0f9652aa-d41a-40fc-a001-0a6cd94b2858Tue, 28 Jul 2020 07:00:00 +010019:06nofull11On this episode, RK discusses ways how you can obtain bitcoin and store it safely. This is a very simplified intro on how you can get exposure to bitcoin. If you require support or have additional questions, please feel free to send us an email to ruzbehk@cryptovalleyshow.comRuzbeh K.The nature of things. - Episode 10The nature of things. - Episode 10On this episode RK talks about several topics that put the fundamentals of our current economy in question. He uses parallels and compares the economy to nature and also explores how bitcoin can be a solution. We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com On this episode RK talks about several topics that put the fundamentals of our current economy in question. He uses parallels and compares the economy to nature and also explores how bitcoin can be a solution.

We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com

]]>648049f3-ec6c-4e9b-af32-f6eac7a04679Tue, 21 Jul 2020 07:00:00 +010023:23nofull10On this episode RK talks about several topics that put the fundamentals of our current economy in question. He uses parallels and compares the economy to nature and also explores how bitcoin can be a solution. We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.comRuzbeh K.Why does money have to be scarce? - Episode 9Why does money have to be scarce? - Episode 9On this Episode, RK breaks down the question that very few people deal with when they measure goods and services using money, which is why does money have to be scarce? We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com On this Episode, RK breaks down the question that very few people deal with when they measure goods and services using money, which is why does money have to be scarce?

We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com

]]>ce915dd0-656e-4ed4-bae7-e2c33b44a592Fri, 17 Jul 2020 07:00:00 +010018:23nofull9On this Episode, RK breaks down the question that very few people deal with when they measure goods and services using money, which is why does money have to be scarce? We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.comRuzbeh K.How bitcoin changes money - Episode 8How bitcoin changes money - Episode 8On this Episode, RK digs into the subject of bitcoin and how it changes money as we know it today and how it compares to other inflation resistant assets that are available. We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com On this Episode, RK digs into the subject of bitcoin and how it changes money as we know it today and how it compares to other inflation resistant assets that are available.

We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com

]]>bc23f7bf-d75e-4f24-ba72-71bc7b433fd3Thu, 16 Jul 2020 07:00:00 +010026:09nofull8On this Episode, RK digs into the subject of bitcoin and how it changes money as we know it today and how it compares to other inflation resistant assets that are available. We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.comRuzbeh K.What is Bitcoin? Part 3 - Episode 7What is Bitcoin? Part 3 - Episode 7The scarcity aspect of Bitcoin &nbsp;the supply schedule of Bitcoin and why it is not just scarce but more importantly transparently scarce. &nbsp; The scarcity of Bitcoin is programmed in its protocol and cannot be changed The scarcity of bitcoin was artificial but then became decentralized Because of its public nature, everyone knows about the supply schedule of bitcoin The supply of bitcoin is outside of anyone’s control including the government Compared to gold, the scarce aspect of bitcoin is 100% scheduled and fixed whereas the supply of gold is variable and unpredictable Check out the stock to flow chart of bitcoin: https://www.lookintobitcoin.com/charts/stock-to-flow-model/ We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com The scarcity aspect of Bitcoin

 the supply schedule of Bitcoin and why it is not just scarce but more importantly transparently scarce.

 

  • The scarcity of Bitcoin is programmed in its protocol and cannot be changed
  • The scarcity of bitcoin was artificial but then became decentralized


  • Because of its public nature, everyone knows about the supply schedule of bitcoin


  • The supply of bitcoin is outside of anyone’s control including the government


  • Compared to gold, the scarce aspect of bitcoin is 100% scheduled and fixed whereas the supply of gold is variable and unpredictable


Check out the stock to flow chart of bitcoin:

https://www.lookintobitcoin.com/charts/stock-to-flow-model/


We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com

]]>c7afef60-ef6e-4d25-99a4-c8ab8c51bce8Sun, 21 Jun 2020 07:00:00 +010022:51nofull7The scarcity aspect of Bitcoin the supply schedule of Bitcoin and why it is not just scarce but more importantly transparently scarce. The scarcity of Bitcoin is programmed in its protocol and cannot be changed The scarcity of bitcoin was artificial but then became decentralized Because of its public nature, everyone knows about the supply schedule of bitcoin The supply of bitcoin is outside of anyone’s control including the government Compared to gold, the scarce aspect of bitcoin is 100% scheduled and fixed whereas the supply of gold is variable and unpredictable Check out the stock to flow chart of bitcoin: https://www.lookintobitcoin.com/charts/stock-to-flow-model/ We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.comRuzbeh K.What is Bitcoin? Part 2 - Episode 6What is Bitcoin? Part 2 - Episode 6So what is Bitcoin practically? &nbsp; A fungible, durable, digitally recognizable, highly divisible, internationally transferable, open source, peer to peer, decentralized, permission less, trustless, censorship resistant, borderless, most secure, and transparently hard capped scarce digital asset. &nbsp; &nbsp; Part 2: Durability, recognizability, fungibility, divisibility, peer-to-peer &nbsp; &nbsp; It is as durable as the internet because for it to not be durable, its entire network and market participants would have to turn off their computers. &nbsp; You can recognize that a bitcoin is real if your transaction gets successfully validated and credited into a digital wallet by the network because there is only one bitcoin network existing &nbsp; This also makes bitcoin fungible (or interchangeable) because as long as you receive a valid transaction, you can interchange your coin with another coin as long &nbsp; &nbsp;A so-called&nbsp;satoshi&nbsp;is the smallest unit of a bitcoin, equivalent to 100 millionth of a bitcoin, which is the 8th decimal place of a coin. (divisible) &nbsp; It is peer-to-peer, which means that I do not need to trust any intermediary like a bank to make a transaction. I can directly send money from one wallet to another wallet This also means that I do not have to be a person or someone old enough to have access to money You also don’t have to have documents to access your coins (not subject to KYC), which makes bitcoin a complete permission less currency There are no “business-” or “working-hours” with bitcoin. The network just keeps working 24/7 and validates transactions. We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com So what is Bitcoin practically?

 

A fungible, durable, digitally recognizable, highly divisible, internationally transferable, open source, peer to peer, decentralized, permission less, trustless, censorship resistant, borderless, most secure, and transparently hard capped scarce digital asset.

 

 

Part 2: Durability, recognizability, fungibility, divisibility, peer-to-peer

 

 

  • It is as durable as the internet because for it to not be durable, its entire network and market participants would have to turn off their computers.

 

  • You can recognize that a bitcoin is real if your transaction gets successfully validated and credited into a digital wallet by the network because there is only one bitcoin network existing

 

  • This also makes bitcoin fungible (or interchangeable) because as long as you receive a valid transaction, you can interchange your coin with another coin as long

 

  •  A so-called satoshi is the smallest unit of a bitcoin, equivalent to 100 millionth of a bitcoin, which is the 8th decimal place of a coin. (divisible)

 

  • It is peer-to-peer, which means that I do not need to trust any intermediary like a bank to make a transaction. I can directly send money from one wallet to another wallet
  • This also means that I do not have to be a person or someone old enough to have access to money
  • You also don’t have to have documents to access your coins (not subject to KYC), which makes bitcoin a complete permission less currency
  • There are no “business-” or “working-hours” with bitcoin. The network just keeps working 24/7 and validates transactions.

We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com

]]>58c8bf4b-bfc0-4737-a049-feebecebe078Fri, 19 Jun 2020 07:00:00 +010023:44nofull6So what is Bitcoin practically? A fungible, durable, digitally recognizable, highly divisible, internationally transferable, open source, peer to peer, decentralized, permission less, trustless, censorship resistant, borderless, most secure, and transparently hard capped scarce digital asset. Part 2: Durability, recognizability, fungibility, divisibility, peer-to-peer It is as durable as the internet because for it to not be durable, its entire network and market participants would have to turn off their computers. You can recognize that a bitcoin is real if your transaction gets successfully validated and credited into a digital wallet by the network because there is only one bitcoin network existing This also makes bitcoin fungible (or interchangeable) because as long as you receive a valid transaction, you can interchange your coin with another coin as long A so-called satoshi is the smallest unit of a bitcoin, equivalent to 100 millionth of a bitcoin, which is the 8th decimal place of a coin. (divisible) It is peer-to-peer, which means that I do not need to trust any intermediary like a bank to make a transaction. I can directly send money from one wallet to another wallet This also means that I do not have to be a person or someone old enough to have access to money You also don’t have to have documents to access your coins (not subject to KYC), which makes bitcoin a complete permission less currency There are no “business-” or “working-hours” with bitcoin. The network just keeps working 24/7 and validates transactions. We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.comRuzbeh K.What is Bitcoin? Part 1 - Episode 5What is Bitcoin? Part 1 - Episode 5So what is Bitcoin practically? &nbsp; A fungible, durable, digitally recognizable, highly divisible, internationally transferable, open source, peer to peer, decentralized, permission less, trustless, censorship resistant, borderless, most secure, and transparently hard capped scarce digital asset. &nbsp; In other words: Bitcoin is gold, but way better. &nbsp; The decentralized nature of Bitcoin: The ledger of the debits and credit entries of Bitcoin are public (open source) and it is transacted on a decentralized network just like the internet but with a small catch: Its nature eliminates the possibility to counterfeit or copy any data Because Bitcoin is decentralized there is also: no single point to attack bitcoin (you can theoretically only cheat the network if your computer has more computer power than the entire network, which is impossible). no need to trust any ONE person or company for it to work (trustless) The fact that your transaction cannot be censored because there is no ONE person or company in charge makes Bitcoin censorship-resistant. Bitcoin is borderless because it doesn’t need to rely on any specific jurisdiction, location or government to work, which also makes it extremely easy to transfer compared to transferring physical gold. &nbsp; The rules in the protocol of bitcoin states that there will only be 21 million bitcoins ever and since no ONE group or person is in charge and the network in decentralized, the number of total bitcoins cannot be changed, which makes bitcoin a very scarce asset. We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com So what is Bitcoin practically?

 

A fungible, durable, digitally recognizable, highly divisible, internationally transferable, open source, peer to peer, decentralized, permission less, trustless, censorship resistant, borderless, most secure, and transparently hard capped scarce digital asset.

 

In other words: Bitcoin is gold, but way better.

 

The decentralized nature of Bitcoin:

  • The ledger of the debits and credit entries of Bitcoin are public (open source) and it is transacted on a decentralized network just like the internet but with a small catch: Its nature eliminates the possibility to counterfeit or copy any data
  • Because Bitcoin is decentralized there is also:
  • no single point to attack bitcoin (you can theoretically only cheat the network if your computer has more computer power than the entire network, which is impossible).
  • no need to trust any ONE person or company for it to work (trustless)


The fact that your transaction cannot be censored because there is no ONE person or company in charge makes Bitcoin censorship-resistant.

Bitcoin is borderless because it doesn’t need to rely on any specific jurisdiction, location or government to work, which also makes it extremely easy to transfer compared to transferring physical gold.

 

The rules in the protocol of bitcoin states that there will only be 21 million bitcoins ever and since no ONE group or person is in charge and the network in decentralized, the number of total bitcoins cannot be changed, which makes bitcoin a very scarce asset.


We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com

]]>8dc682ba-f9de-4232-a79a-e909ff21fc5fWed, 17 Jun 2020 07:00:00 +010026:46nofull5So what is Bitcoin practically? A fungible, durable, digitally recognizable, highly divisible, internationally transferable, open source, peer to peer, decentralized, permission less, trustless, censorship resistant, borderless, most secure, and transparently hard capped scarce digital asset. In other words: Bitcoin is gold, but way better. The decentralized nature of Bitcoin: The ledger of the debits and credit entries of Bitcoin are public (open source) and it is transacted on a decentralized network just like the internet but with a small catch: Its nature eliminates the possibility to counterfeit or copy any data Because Bitcoin is decentralized there is also: no single point to attack bitcoin (you can theoretically only cheat the network if your computer has more computer power than the entire network, which is impossible). no need to trust any ONE person or company for it to work (trustless) The fact that your transaction cannot be censored because there is no ONE person or company in charge makes Bitcoin censorship-resistant. Bitcoin is borderless because it doesn’t need to rely on any specific jurisdiction, location or government to work, which also makes it extremely easy to transfer compared to transferring physical gold. The rules in the protocol of bitcoin states that there will only be 21 million bitcoins ever and since no ONE group or person is in charge and the network in decentralized, the number of total bitcoins cannot be changed, which makes bitcoin a very scarce asset. We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.comRuzbeh K.The banked vs the unbanked. - Episode 4The banked vs the unbanked. - Episode 4What is happening? &nbsp; &nbsp;&nbsp;The banked &nbsp; Relatively stable currencies and the luxury of access to investments, foreign exchange and bank accounts Enjoy freedom of speech and no big inflation as well as a balanced right between gender &nbsp; &nbsp;The unbanked &nbsp; According to official statistics, there are about 2 billion underbanked households in the world, and the top underbanked countries are China and India In 2018, workers and refugees sent nearly 700$ billion across borders to their families and paid a total 45$ billion in fees for exchanging and commissions In Afghanistan and Saudi Arabia, Women are not allowed to open bank accounts The only private life-line of money (Cash) is disappearing In modern economies “only” because of convenience In poor countries because of hyperinflation and worthless papers that are now too heavy to carry Estimation: currently 8% of cash transactions and by 2030 it should go to near zero &nbsp; &nbsp; Why is this happening? What are the motivations behind this? &nbsp; Centralised systems with control under a few people Human nature: Greed if too much power Geopolitical reasons to compete with other nations prices To enrich a few people at the cost of the mass The speech at the end of this show is a short version from Andreas Antonopoulos' talk titled "universal access to basic finance": https://www.youtube.com/watch?v=Pkgo05Hdnfg&amp;t=7s (https://www.youtube.com/watch?v=Pkgo05Hdnfg&amp;t=7s) We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com What is happening?

 

  •   The banked

 

  1. Relatively stable currencies and the luxury of access to investments, foreign exchange and bank accounts
  2. Enjoy freedom of speech and no big inflation as well as a balanced right between gender

 

  •  The unbanked

 

  1. According to official statistics, there are about 2 billion underbanked households in the world, and the top underbanked countries are China and India
  2. In 2018, workers and refugees sent nearly 700$ billion across borders to their families and paid a total 45$ billion in fees for exchanging and commissions
  3. In Afghanistan and Saudi Arabia, Women are not allowed to open bank accounts
  4. The only private life-line of money (Cash) is disappearing
  5. In modern economies “only” because of convenience
  6. In poor countries because of hyperinflation and worthless papers that are now too heavy to carry
  7. Estimation: currently 8% of cash transactions and by 2030 it should go to near zero

 

 

Why is this happening? What are the motivations behind this?

 

  1. Centralised systems with control under a few people
  2. Human nature: Greed if too much power
  3. Geopolitical reasons to compete with other nations prices
  4. To enrich a few people at the cost of the mass

The speech at the end of this show is a short version from Andreas Antonopoulos' talk titled "universal access to basic finance": https://www.youtube.com/watch?v=Pkgo05Hdnfg&t=7s

We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com

]]>bfd7ff03-79c9-4f61-b698-a7e4eb50dd97Mon, 15 Jun 2020 07:00:00 +010033:46nofull4What is happening? The banked Relatively stable currencies and the luxury of access to investments, foreign exchange and bank accounts Enjoy freedom of speech and no big inflation as well as a balanced right between gender The unbanked According to official statistics, there are about 2 billion underbanked households in the world, and the top underbanked countries are China and India In 2018, workers and refugees sent nearly 700$ billion across borders to their families and paid a total 45$ billion in fees for exchanging and commissions In Afghanistan and Saudi Arabia, Women are not allowed to open bank accounts The only private life-line of money (Cash) is disappearing In modern economies “only” because of convenience In poor countries because of hyperinflation and worthless papers that are now too heavy to carry Estimation: currently 8% of cash transactions and by 2030 it should go to near zero Why is this happening? What are the motivations behind this? Centralised systems with control under a few people Human nature: Greed if too much power Geopolitical reasons to compete with other nations prices To enrich a few people at the cost of the mass The speech at the end of this show is a short version from Andreas Antonopoulos' talk titled "universal access to basic finance": https://www.youtube.com/watch?v=Pkgo05Hdnfgandt=7s (https://www.youtube.com/watch?v=Pkgo05Hdnfgandt=7s) We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.comRuzbeh K.The move from paper to plastic money and its consequences. - Episode 3The move from paper to plastic money and its consequences. - Episode 3On this episode, RK goes through the transition of paper money to electronic or plastic money and all its consequences for money as we know it today. We mainly discuss how paper money (or cash) makes now only 10% of the money in circulation How this new electronic money enslaves people’s privacy and how companies profit by selling your data to marketing platforms How the electronic banking network works (SWIFT or SEPA) (very basic) How payments have evolved to a totally banking network dependent system How “nano banks” are trying to “disrupt” banking We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com On this episode, RK goes through the transition of paper money to electronic or plastic money and all its consequences for money as we know it today.

  • We mainly discuss how paper money (or cash) makes now only 10% of the money in circulation
  • How this new electronic money enslaves people’s privacy and how companies profit by selling your data to marketing platforms
  • How the electronic banking network works (SWIFT or SEPA) (very basic)
  • How payments have evolved to a totally banking network dependent system
  • How “nano banks” are trying to “disrupt” banking

We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com

]]>d4bfb62f-a2ce-4426-9e5c-db961a30c867Sat, 13 Jun 2020 07:00:00 +010025:26nofull3On this episode, RK goes through the transition of paper money to electronic or plastic money and all its consequences for money as we know it today. We mainly discuss how paper money (or cash) makes now only 10% of the money in circulation How this new electronic money enslaves people’s privacy and how companies profit by selling your data to marketing platforms How the electronic banking network works (SWIFT or SEPA) (very basic) How payments have evolved to a totally banking network dependent system How “nano banks” are trying to “disrupt” banking We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.comRuzbeh K.How 'money' and finance works today. - Episode 2How 'money' and finance works today. - Episode 2RK continues on the basic concepts on how money evolved to its current form, how the financial and banking system works, and how inflation and deflation are defined today. We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com RK continues on the basic concepts on how money evolved to its current form, how the financial and banking system works, and how inflation and deflation are defined today.

We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com

]]>7adad31d-b4c2-41a4-9ce9-4dbdb9446a6aThu, 11 Jun 2020 07:00:00 +010024:58nofull2RK continues on the basic concepts on how money evolved to its current form, how the financial and banking system works, and how inflation and deflation are defined today. We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.comRuzbeh K.A brief Introduction - Episode 0A brief Introduction - Episode 0In this Episode, we give a small introduction of the show and the host. In this Episode, we give a small introduction of the show and the host.

]]>8f444d44-c9fb-4ab5-ad62-072426e60aabTue, 09 Jun 2020 07:00:00 +010009:49nofullIn this Episode, we give a small introduction of the show and the host.Ruzbeh K.What is money? A short history session. - Episode 1What is money? A short history session. - Episode 1On this first episode, RK talks briefly about the history and the main properties of money. By doing so, he describes how initially trade started and the way markets started to converge and agree to use precious metals as money. The six properties of money he explains are the following: Fungibility Durability&nbsp; Recognizability Divisibility Transferability Scarcity  We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com On this first episode, RK talks briefly about the history and the main properties of money. By doing so, he describes how initially trade started and the way markets started to converge and agree to use precious metals as money.

The six properties of money he explains are the following:

  1. Fungibility
  2. Durability 
  3. Recognizability
  4. Divisibility
  5. Transferability
  6. Scarcity



We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.com

]]>abb336a4-08d2-4fdb-9bae-e4302516cea7Tue, 09 Jun 2020 07:00:00 +010018:06nofull1On this first episode, RK talks briefly about the history and the main properties of money. By doing so, he describes how initially trade started and the way markets started to converge and agree to use precious metals as money. The six properties of money he explains are the following: Fungibility Durability Recognizability Divisibility Transferability Scarcity  We always appreciate feedback, so feel free to send us an email to ruzbehk@cryptovalleyshow.comRuzbeh K.