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Ep. 443: Simon Black Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Challenges of Digital Currency

There are different forms of money and I don't even like using the word money, we can say legal tender in a way. One form as an example would be a form of money that's used by very large investors - US government bonds. Next level of money is banking cash but most of us never really touch it. When you send a wire transfer to your body, there's no punny express with a guy on a horseback with a satchel full of cash galloping across the countryside... It all happens electronically.

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