34. Michael Saylor on The Fiat Standard
The Bitcoin Standard Podcast
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Bitcoin Eases the Store of Value Market
Safedine: The early fiat standard had gold as a store of value. Safedine: In the late stage, the twilight years of the Fiat standard, I think it has stock indexes. He says people at some point realized bonds are only covering half of inflation and cash isn't covering anything. Safedin: March 2020 is the point where everything just breaks because money supply expands by 25%.
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