Summary
TLDR: Instead of arguing about cryptocurrencies, the industry should read “Private Money and Public Currencies, the 16th Century Challenge” for important insights on the monetary context of cryptocurrencies and the rise of central banks.
Key Points
1. Encourage the industry to read more deeply on the subject of cryptocurrencies and their monetary context.
2. Highlight the importance of reading “Private Money and Public Currencies, the 16th Century Challenge” for understanding the rise of central banks and the motivation for crypto.
3. Emphasize the value of expanding beyond popular books like “Debt” and “Ascent of Money” for a more comprehensive understanding of the topic.