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  • 2 weeks ago
Monero Means Money is a Documentary Feature Film that explains Monero, a fungible cryptocurrency. Dr. Daniel Kim gives a | dG1fcTBzY2pNSHAtOU0
Transcript
00:00So the values of the money we use every day are the values fixed by the government.
00:05The paper bills and even the coins are not in themselves actually worth the amounts they represent.
00:11Their face values, however, are guaranteed not only by huge reserves of gold and silver,
00:17but by the stability of the government, which fixed those values.
00:21As long as people remain confident that our government is strong and secure,
00:25they will continue freely to accept and spend its money without questioning the value.
00:31What is rare in a world where every human on earth has the ability to copy ones and zeros anywhere around the world for free?
00:40Well, it's going to be digital scarcity and digital privacy.
00:45These are the two things that are going to be scarce in the future.
00:49Digital scarcity and digital privacy.
00:50Cryptocurrencies offer both and cryptocurrencies like Monero especially offer both because they offer privacy as well.
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