Today’s Lively Show is on a topic that is very popular right now and also is a topic that several of my friends are currently obsessed with — cryptocurrency. Being pretty new to the subject myself, I wanted to invite Faiz Nazarali, who is deeply involved in the crypto world, to explain what it is and how it compares to traditional ‘fiat currency’ (aka: regular money). In addition, we’ll also explore why this new form of currency also fundamentally shifts from an economic scarcity-based model to an abundance-based model. This episode is perfect for anyone wanting: to know what the future of money may be, to understand the difference between traditional money and cryptocurrency, to get started in cryptocurrency, and to hear about the economic shift from a scarcity to abundance-based system.
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