#14 - The key aspects of designing currencies and the importance of collective intelligence, with Ferananda Ibarra

Unbeknownst to many currencies have an underlying design. Where this was since the dawning of humanity, an undertaking of the privileged view today with the advent of blockchain technology we see a plethora of initiatives sprouting. For this reason, our guest, Ferenanda Ibarra, and I try to link currency design with collective intelligence and other vital social factors that help shape the future of the different value exchange methods. As she quotes from one of her very first exposures to the topic: "Neither of you are going to go anywhere if we don't fundamentally change one thing - the structure of money". We are going to dive deep into: Basics of currency design: Euro, Dollar, and all the other money currencies are constructions. It takes a long time to gain the social trust that establishes a flow for example between farmers and dentists or any other profession. Ying and Yang currencies and how their combination brings stability to a community. The locality is still an obstacle, however, the internet and modern technologies give us way more opportunities than ever before.