Lecture 2 in The Bitcoin Standard explains the problem money solves, how the solution shapes the desirable properties of money: salability across scales, space & time; why the latter property, expressed through hardness, is the critical feature of money & how it can be measured.

Join the live discussion seminar on Twitter/X Spaces on Tuesday October 27 at 2pm GMT. Follow @saifedean on Twitter to be sure to join.

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