
Cosmic Bitcoin - The Dollar Endgame with Peruvian Bull
Bitcoin Magazine Podcast
00:00
The Origins of the World Reserve Currency
I think a good place to start is to just kind of understand, you know, where fiat currency emanated from and kind of the problems that are inherent to it. So I guess to answer this question best, it's best to go back to the origins of fiat currency itself. And so gold is great money, but it runs into this issue of micro transactions. Most people don't spend $1,000 or more in a single day; especially over several hundred thousand dollars.
Transcript
Play full episode