17 Aug 2022 [culture]

Monero Talk interviews Goldback's Benjamin Shaffer

In this Monero Talk episode12, Douglas Tuman3 interviews Goldback4’s Legal Counsel, Benjamin Shaffer5, on bringing new monetary technology to the world stage:

[..] you can’t have a free market without a free market currency. If your currency can be manipulated, if it can be confiscated, if it can be weaponized against you, then you really don’t have money - what you have is a social credit system. [..] this is why Monero and Goldbacks are both solving a similar problem, just in slightly different ways. (Benjamin @ 00:10)

Several topics are discussed in this interview, including similarities and differences between Monero and Goldbacks, the minting process and buying Goldbacks with XMR.