Breaking the Dollar: Introduction

Increasingly, the average person today understands less and less about how money works, or what our money actually is to begin with. In this brief introductory episode of Breaking the Dollar, your host Everett Millman lays out the concept for the show: dispelling some of the pernicious myths surrounding money in plain language that is easy for anyone to understand.

This is breaking the dollar, the podcast that dismantles some of the biggest misconceptions about money. Presented by Gainesville Coins.

Hello and welcome to the first episode of Breaking The Dollar Welcome where we try and deconstruct some of the biggest misconceptions about money.

I'm Everett Millman, I'll be your host and I would just want to lay out kind of the idea behind the show and what my vision for it is.

I work at a precious metals dealer called Gainesville Coins and we also happen to be active in the cryptocurrency space.

So over my six years here, I've developed a unique perspective on money in general, because gold and silver you can kind of think of as old money that used to be money. We used to use them as coins, but we don't anymore for the most part.

And cryptocurrencies, which Bitcoin is the best example of are, you could sort of think of that as the money of the future.

The reason I think this show is needed right now is not only that there are these wild misconceptions about money, they seem to be fairly widespread, but because we're at an important turning point in monetary history, if you think about it, it is sort of a philosophical question about what is money and what gives money value and how does money work?

These aren't important questions for most people's day to day lives.

I think in general, people do well at their jobs and get paid for it. And that's sort of the end of the story. You know, they don't have to think deeply about where their money comes from or what is their money worth.

Now that being said, I think these are going to become increasingly important questions as we move forward into this.

As I said, this sort of transition period for our monetary system around the world.

So I want to explore these questions and I want to give some kind of a layman's explanation for a lot of these concepts.

Because listen, I'm not an economist, I'm not a financial advisor, I did stay at a Holiday Inn last night. That's not the point.

I am just someone who has taken an interest in monetary history and certain things jump out to me that we're kind of missing the boat on as a civilization, as a society, as a global community. So, I think these are worth discussion.

And I'd also like to kind of tease that the format for each episode will include a segment where I kind of either go to the streets and ask some people their perspective on some of these concepts like Bitcoin and gold and even the US dollar, and also fan mail questions so that I can kind of be in conversation with you, the audience and see what you already know or don't know about these things.

But also I think that'll be very revealing for what are the misconceptions and where do they come from, why do we have them?

So I hope that's a decent summary of where we're going.

Thank you for listening and be sure to check out our first full episode where I discuss Facebook's proposed cryptocurrency Libra, and put it into context with central banks and existing government issued currencies.

Today's episode was presented by our sponsors, Gainesville coins. You can find out more inat GainesvilleCoins.com

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The views and opinions expressed on this show are for informational purposes only and should not be used or construed as professional investment advice.