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23. Bitcoin in Lebanon with Thomas Semaan

The Bitcoin Standard Podcast

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Fiat Standards

Fiat standards was inspired by watching the Lebanese Fiat Ponzi implode in real time. "It's an engineering design that is so messed up, that is built in a way where it is inevitable for it to fail" The force of politics in charge of money will always push toward more printing money and taking on risky debt, he says. 'You can point fingers and look at the people that are in charge'

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