Episode 295: Must Government Control Money?
Words & Numbers
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What Is Better Money, Gold, Fiat, or Bitcoin?
Larry growth has slowed down in the last six months pretty dramatically. Let's hope that continues and that no new crisis comes along where they throw up their hands and say, Oh, well, we can't tighten now. Larry: I think there's an important difference between Bitcoin and the gold standard in terms of the stability of the purchasing power. The volatility is understandable, but it's built into the architecture of the Bitcoin system because the supply curve is vertical.
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