5min chapter

Forward Guidance cover image

The Sovereign Debt Spiral | James Lavish

Forward Guidance

CHAPTER

The Use Case of Non-Stable Fiat Currency

If the US dollar for some reason hyperinflates, you don't want to have dollars in your bank. And if you have some Bitcoin, well, your Bitcoin would be worth multiples of what it was. That definitely is a use case of non-stable fiat currencies. But so does the dollar outperforms those drastic streams. It's just a question. The answer to something you were talking about is, is it a call option? Is it a hedge?"

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