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Does money need some alternative utility? \xa0Is there an example of virtual money that could be hundreds of years old? \xa0Today we read about one of the most interesting analogies to the nature and value of Bitcoin in the piece, "The Island of Stone Money" by Milton Friedman. \xa0Made available by the Hoover institute and published in 1991. \xa0\n\nDon't forget to check out the huge collection available at the Hoover Institute, including numerous works by Milton Friedman.\nhttps://www.hoover.org/publications/economics-working-papers\nhttps://miltonfriedman.hoover.org/friedman_images/Collections/2016c21/Stanford_02_01_1991.pdf\n\nOther episodes and content mentioned in the show:\nFriedman's "Free to Choose" Series - https://www.youtube.com/watch?v=D3N2sNnGwa4\nThe Triple-Entry Revolution of Bitcoin - https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_255---Bitcoin-An-Accounting-Revolution-e473tj\n\nThere is no sponsor due to the licensing with this work, if you value what I do with this show, please donate to help keep this project alive! \xa0Thanks!\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message