In the latest episode of Untangling Web3, hosts Alec Burns and Jack Davies explore the concept of Digital Cash, one of the foundational ideas underpinning Web3.

This week, Alec and Jack journey through the evolution of money, setting the stage for a deep dive into digital cash and its significance in the modern age. Beginning with the roots of currency, the discussion traverses from the barter system, through the era of commodity money and metal coins, emphasizing the inherent challenges like scalability and trust. The dialogue underscores the pivotal roles of gold and bitcoin, contrasting their perceived value determinants.

Transitioning into the age of paper money, the hosts shed light on the adoption of commodity-backed paper currency, symbolizing vaulted gold, which addressed earlier limitations but inadvertently introduced new ch ...