Douglas Jackson, the founder of E-gold, arguably the first widely-used electronic medium of exchange, appears on the show. In this episode we discuss:
– Douglas’ motivations for starting E-gold
– His disagreements with his cypherpunk contemporaries
– Why private monetary issuers might be more responsible than public ones
– The challenge of creating an open payments system which is also compliant
– His critiques of stablecoins and native-unit cryptocurrencies