0:15 Agenda 2:45 How on-ramping happens without an exchange? 3:30 What is an asset? 6:00 Defi vs TradFi 7:26 How will standards emerge in crypto? 10:00 Is Tokenization happening faster or slower? 26:00 Which assets are not suitable for tokenization? Slides: https://www.beautiful.ai/player/-NPsPZoEazs8xmRlp6Mh/Moneys-Alchemy-Episode-4

0:00 John Law in the year 1720 3:31 What is the difference between Money and Credit? 6:45 Manny's take on definition of Money 12:50 Poker cash games and credit creation 16:24 John Law's life 19:19 Mississippi Company structure 21:23 Price Action - Mississippi Company 28:35 The South Sea Company 32:00: Isaac Newton's FOMO 34:36 Important periods in history This is a weekly show dedicated to understanding our money system, why it evolved the way it did and the role Stablecoins can play in morphing our future. In our second episode we will discuss 1. Accounting behind credit creation and a poker analogy 2. John Law and the Mississippi Company 3. The South Sea Company 4. Black Death in the 1300s 5. How Isaac Newton got rugged Slides: https://www.beautiful.ai/player/-NN3cjyfcavA22rw8Dfn

0:00 What's with the show name? 2:11 What this show is about? 3:22 What is a monetary constitution? 7:21 The Ducat by F. Hayek 9:32 Jeff Snider opening remarks 19:23 Who are Jeff's Intellectual Fathers? 28:31 What would Jeff do as Fed Chair? 38:55 Why reserves don't matter? 59:20: Rules vs Discretion This is a weekly show dedicated to understanding our money system, why it evolved the way it did and the role Stablecoins can play in morphing our future. In our first episode we will discuss: 1. What is a monetary constitution and why does it matter? 2. Why are Stablecoins a big deal? 3. Stablecoin idea from F. Hayek Slides: https://www.beautiful.ai/player/-NMFfLLLBeSa0uQLSdx9/Moneys-Alchemy