3min chapter

The "What is Money?" Show cover image

How Bitcoin Changes Everything | The Saylor Series | Episode 17 (WiM065)

The "What is Money?" Show

CHAPTER

Is There No Cost to Produce Fiot Currency?

If there's no cost to produce fiot currency, what do you get? A flood of fiod currency in the market place. This leads to a dynamic where fe cuency self annihilate in hyper inflationif there's no incentive for spammers and scammers. The virtuous cycle that uplifts bitcoin's monitization process collides with the vicious cycle of fio currency debasement world wide.

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