F.A. Hayek: "The great trouble is that money wasn’t allowed to develop. After two or three hundred years of the use of coins, governments stopped any further developments. We were not allowed to experiment on it, so money hasn’t been improved, it has rather become worse in the course of time." Hard to disagree with the words of the famous late professor. Now, building on the Bitcoin and DeFi revolutions, several initiatives are under way challenging the way we think about money. Evan Kuo is a co-founder of Ampleforth, and explains the use cases of a decentralized synthetic commodity money with supply elasticity as a price stabilization mechanism. We discuss decentralization, various stablecoin concepts, regulation, oracle risk and more. Make sure to tune in and subscribe!