Here is a recap of @MacaesBruno excellent Devcon talk: Why Only Virtual Money Is Real Money. Or, as I interpreted it: The Fight For Outside Money (and the case for L2's as sound monetary policy). 1/14 How do we think about money? Money is perceived as a physical entity (when we imagine $ we think physical bank notes). But most money is not physical, it exists as entries in a DB. Money can be created at will with keystrokes from a computer. 2/14 Money, thus, isn't "real". It's v...
