Is GOLD The New Crypto? | Hn 199

On this crossover episode of Haman Nature, poker pro Adam Haman asks economist Bob Murphy to please explain what the heck "gold-linked" cryptocurrency is. Is the future of global money about to get really interesting? 00:00 — Intro. Adam mocks Bob for living in a wintery hellscape. 01:24 — Is gold-backed crypto going to become the new global money? What does it mean that Tether is buying up so much gold? What's the point of "stablecoins"? Is everything going to be "tokenized" going forward?16:58 — What does "gold-linked" mean? Different from "gold-backed"? Will this new gold-crypto global money be actually redeemable in gold?25:06 — Why are all these institutions/governments buying gold? What is the motivation? What will it mean for sound money going forward?34:14 — Why are stablecoins so crucial to these processes? Are they the fatal flaw of crypto that will let governments always control cryptocurrency to some degree?42:00 — Is there a tech-solution that allows us to bypass fiat all together?48:27 — What does the future really hold for global money and government action? Specifically, how will it effect the US dollar and US hegemony? Will corporations become as powerful as governments?56:15 — Outro and final thoughts. Thanks for watching Haman Nature! LA Times article mentioned: https://www.latimes.com/business/story/2026-01-29/why-tether-buying-goldBob's day job: https://infineo.ai/Sponsor mentioned: https://ScottHortonAcademy.com/crossoverSponsor mentioned: https://TheSwanBrothers.com/crossHaman Nature Merch Store: https://shop.hamannature.comAdam on X: https://x.com/Rerazer Bob on X: https://x.com/BobMurphyEcon The Bob Murphy Show: https://www.bobmurphyshow.com/Adam's other show: https://naturalorderpodcast.com This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe