291. The Fiat Standard Lecture 10: Fiat Fuels
The Bitcoin Standard Podcast
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The Illusion of Replacing Hydrocarbon Energy
This chapter explores the impossibility of replacing hydrocarbons in the modern economy, comparing it to attempting to produce apples without apple trees. It critiques the ignorance of the fiat system and emphasizes the vital role hydrocarbons play in sustaining technological and infrastructural advancements.
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